Burney Co. Invests $1.18 Million in BILL Holdings, Inc. $BILL

Burney Co. acquired a new position in BILL Holdings, Inc. (NYSE:BILL) during the 1st quarter, HoldingsChannel reports. The fund acquired 30,725 shares of the company’s stock, valued at approximately $1,177,000.

A number of other institutional investors and hedge funds have also bought and sold shares of BILL. Assenagon Asset Management S.A. raised its position in shares of BILL by 1,237.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 643,045 shares of the company’s stock worth $35,072,000 after acquiring an additional 594,974 shares during the last quarter. Pier Capital LLC bought a new stake in BILL in the fourth quarter valued at approximately $5,064,000. Light Street Capital Management LLC increased its position in BILL by 50.4% during the 3rd quarter. Light Street Capital Management LLC now owns 962,500 shares of the company’s stock valued at $50,984,000 after purchasing an additional 322,680 shares during the period. Mangrove Partners IM LLC acquired a new stake in BILL during the 3rd quarter valued at approximately $31,147,000. Finally, Iridian Asset Management LLC CT raised its holdings in BILL by 23.7% during the 4th quarter. Iridian Asset Management LLC CT now owns 187,404 shares of the company’s stock worth $10,221,000 after purchasing an additional 35,850 shares during the last quarter. 97.99% of the stock is currently owned by institutional investors and hedge funds.

BILL Stock Down 3.3%

BILL stock opened at $39.35 on Thursday. The stock’s 50 day simple moving average is $36.59 and its 200 day simple moving average is $41.73. The company has a market cap of $3.92 billion, a P/E ratio of -3,930.67, a price-to-earnings-growth ratio of 0.91 and a beta of 1.17. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. BILL Holdings, Inc. has a fifty-two week low of $31.41 and a fifty-two week high of $57.21.

BILL (NYSE:BILL) last issued its earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.13. BILL had a return on equity of 2.40% and a net margin of 0.01%.The company had revenue of $406.56 million for the quarter, compared to analyst estimates of $403.76 million. During the same period in the prior year, the firm earned $0.50 earnings per share. BILL’s revenue for the quarter was up 13.5% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. On average, research analysts expect that BILL Holdings, Inc. will post 0.95 earnings per share for the current fiscal year.

More BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL Holdings received a consensus brokerage recommendation of “Moderate Buy,” which can support investor confidence and suggest analysts still see upside in the shares. BILL Holdings, Inc. (NYSE:BILL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Neutral Sentiment: Several recent headlines reference government and legislative bills on SNAP benefits, housing, AI regulation, Medicare, sanctions, and other policy issues, but they do not appear to have a direct operational impact on BILL Holdings. SNAP recipients would get more money each month under new bill
• Neutral Sentiment: Articles about Harriet Tubman on the $20 bill, homeless encampment bans, and housing legislation are political-news items that are unlikely to materially change BILL Holdings’ business outlook. Trump administration axes plan to put Harriet Tubman on $20 bill: Bessent
• Negative Sentiment: No major company-specific catalyst was reported in the latest headlines, so the stock’s weakness may reflect broader pressure on fintech and growth names rather than a direct fundamental setback for BILL Holdings. BILL Holdings Inc Ordinary Shares BILL

Analyst Ratings Changes

Several research firms have recently weighed in on BILL. The Goldman Sachs Group increased their price objective on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Oppenheimer set a $55.00 price target on shares of BILL and gave the company an “outperform” rating in a research report on Friday, May 8th. Morgan Stanley set a $55.00 price target on BILL in a report on Friday, May 8th. Zacks Research raised BILL from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Truist Financial downgraded BILL from a “buy” rating to a “hold” rating and dropped their price objective for the company from $45.00 to $35.00 in a research note on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $55.19.

About BILL

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.