MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Reduces Position in BILL Holdings, Inc. $BILL

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lessened its holdings in shares of BILL Holdings, Inc. (NYSE:BILL) by 15.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,960 shares of the company’s stock after selling 12,847 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.07% of BILL worth $3,165,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. CoreCap Advisors LLC purchased a new position in shares of BILL during the fourth quarter valued at approximately $30,000. Fifth Third Bancorp boosted its position in shares of BILL by 134.1% during the first quarter. Fifth Third Bancorp now owns 749 shares of the company’s stock valued at $34,000 after buying an additional 429 shares during the period. Quarry LP boosted its position in shares of BILL by 85.9% during the first quarter. Quarry LP now owns 766 shares of the company’s stock valued at $35,000 after buying an additional 354 shares during the period. Brooklyn Investment Group boosted its position in shares of BILL by 73.6% during the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock valued at $41,000 after buying an additional 377 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in shares of BILL by 2,189.1% during the first quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company’s stock valued at $48,000 after buying an additional 1,007 shares during the period. Hedge funds and other institutional investors own 97.99% of the company’s stock.

BILL Stock Performance

Shares of NYSE:BILL opened at $51.09 on Friday. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of -319.26, a price-to-earnings-growth ratio of 14.81 and a beta of 1.37. BILL Holdings, Inc. has a 52 week low of $36.55 and a 52 week high of $100.19. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $44.89 and a 200 day moving average of $45.14.

BILL (NYSE:BILL) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.12. The company had revenue of $383.35 million during the quarter, compared to the consensus estimate of $376.43 million. BILL had a net margin of 1.63% and a return on equity of 1.16%. BILL’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.57 earnings per share. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. On average, sell-side analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

BILL declared that its Board of Directors has approved a share repurchase program on Wednesday, August 27th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the company to reacquire up to 7.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, insider Rajesh A. Aji sold 1,780 shares of the business’s stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $45.25, for a total value of $80,545.00. Following the completion of the transaction, the insider owned 9,298 shares of the company’s stock, valued at $420,734.50. The trade was a 16.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 4.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

BILL has been the subject of several research analyst reports. Keefe, Bruyette & Woods decreased their price target on shares of BILL from $54.00 to $46.00 and set a “market perform” rating for the company in a research note on Thursday, August 28th. Evercore ISI decreased their price target on shares of BILL from $50.00 to $48.00 and set an “in-line” rating for the company in a research note on Thursday, August 28th. Wolfe Research raised shares of BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 price target for the company in a research note on Thursday. Morgan Stanley downgraded shares of BILL from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $60.00 to $55.00 in a research note on Wednesday, June 11th. Finally, Citigroup decreased their price target on shares of BILL from $88.00 to $67.00 and set a “buy” rating for the company in a research note on Thursday, May 22nd. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $58.50.

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.