Jackson Square Partners LLC Reduces Stake in BILL Holdings, Inc. $BILL

Jackson Square Partners LLC reduced its stake in shares of BILL Holdings, Inc. (NYSE:BILL) by 63.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,197 shares of the company’s stock after selling 48,879 shares during the quarter. Jackson Square Partners LLC’s holdings in BILL were worth $1,494,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Thrivent Financial for Lutherans lifted its position in BILL by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after buying an additional 327 shares during the last quarter. Inlight Wealth Management LLC lifted its holdings in shares of BILL by 0.8% in the 3rd quarter. Inlight Wealth Management LLC now owns 40,881 shares of the company’s stock worth $2,165,000 after acquiring an additional 334 shares during the last quarter. State of Michigan Retirement System boosted its stake in shares of BILL by 1.8% during the 2nd quarter. State of Michigan Retirement System now owns 22,800 shares of the company’s stock worth $1,055,000 after purchasing an additional 400 shares during the period. State Board of Administration of Florida Retirement System grew its holdings in BILL by 0.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 101,302 shares of the company’s stock valued at $4,686,000 after purchasing an additional 470 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its position in BILL by 22.1% in the 2nd quarter. Asset Management One Co. Ltd. now owns 2,690 shares of the company’s stock worth $124,000 after purchasing an additional 487 shares during the period. 97.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

BILL has been the subject of several recent analyst reports. BMO Capital Markets dropped their target price on BILL from $50.00 to $46.00 and set a “market perform” rating for the company in a research report on Friday. Robert W. Baird set a $50.00 price objective on BILL in a research report on Friday. Jefferies Financial Group reiterated a “buy” rating on shares of BILL in a research note on Friday. Zacks Research raised shares of BILL from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 9th. Finally, JPMorgan Chase & Co. upped their price target on shares of BILL from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $56.61.

BILL Stock Up 37.1%

Shares of BILL stock opened at $48.92 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.67 and a quick ratio of 1.67. The stock has a market cap of $4.90 billion, a price-to-earnings ratio of -203.83, a PEG ratio of 6.79 and a beta of 1.30. The firm’s 50-day moving average is $50.74 and its two-hundred day moving average is $48.98. BILL Holdings, Inc. has a 1 year low of $35.46 and a 1 year high of $67.54.

BILL (NYSE:BILL) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.08. The firm had revenue of $414.67 million during the quarter, compared to analysts’ expectations of $399.71 million. BILL had a negative net margin of 1.56% and a positive return on equity of 1.69%. The company’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.56 EPS. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. As a group, research analysts expect that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

Key Headlines Impacting BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Q2 results: BILL reported revenue and EPS above Street estimates and emphasized stronger profitability and TPV growth; management raised FY26 and Q3 guidance, signaling better-than-expected near-term momentum. BILL Reports Second Quarter Fiscal Year 2026 Financial Results
• Positive Sentiment: Analysts/coverage note: Zacks highlights the Q2 beat driven by core platform strength and higher total payment volume (TPV), reinforcing the narrative that billing and payments momentum is re-accelerating. BILL Holdings Q2 Earnings Beat Estimates on Core Strength & Higher TPV
• Positive Sentiment: Bullish research piece argues BILL’s valuation and margin profile look attractive after the quarter, pointing to durable subscription revenue, expanding customer base and raised FY26 guidance as a buy thesis. BILL Holdings: Muscle Past AI Fears And Buy This Stock For Value
• Positive Sentiment: Broker support: Needham reaffirmed a “buy” rating and $75 price target, providing a strong bullish anchor and a sizable upside case versus the current share price. Needham & Company LLC Reaffirms Buy
• Neutral Sentiment: Earnings call/transcript published — useful for hearing management detail on TPV, customer trends, and margin drivers but not additional headline moves beyond the release. BILL Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Analytical breakdowns (Zacks follow-ups) review key metrics vs. estimates — helpful context but largely restates the beat and guidance details. Here’s What Key Metrics Tell Us About BILL Q2 Earnings
• Negative Sentiment: Price-target cuts: Keefe, Bruyette & Woods trimmed their target to $49 and moved to “market perform,” reducing an upside driver and signaling more cautious near-term expectations from some shops. Keefe, Bruyette & Woods Lowers Price Target
• Negative Sentiment: Another sell-side trim: BMO cut its target to $46 and classified the stock as “market perform,” which may cap further rallies until more evidence of sustained growth appears. BILL Price Target Lowered at BMO Capital Markets

Insider Transactions at BILL

In other news, SVP Germaine Cota sold 1,104 shares of BILL stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total value of $56,557.92. Following the transaction, the senior vice president directly owned 10,812 shares in the company, valued at approximately $553,898.76. This trade represents a 9.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 13.20% of the company’s stock.

BILL Company Profile

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services.