Mutual of America Capital Management LLC Sells 1,137 Shares of BILL Holdings, Inc. $BILL

Mutual of America Capital Management LLC lowered its stake in BILL Holdings, Inc. (NYSE:BILL) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 47,137 shares of the company’s stock after selling 1,137 shares during the quarter. Mutual of America Capital Management LLC’s holdings in BILL were worth $2,181,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quarry LP increased its position in BILL by 85.9% during the first quarter. Quarry LP now owns 766 shares of the company’s stock worth $35,000 after buying an additional 354 shares during the last quarter. Brooklyn Investment Group increased its position in BILL by 73.6% during the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock worth $41,000 after buying an additional 377 shares during the last quarter. UMB Bank n.a. increased its position in BILL by 283.3% during the second quarter. UMB Bank n.a. now owns 1,215 shares of the company’s stock worth $56,000 after buying an additional 898 shares during the last quarter. GAMMA Investing LLC increased its position in BILL by 303.9% during the first quarter. GAMMA Investing LLC now owns 1,236 shares of the company’s stock worth $57,000 after buying an additional 930 shares during the last quarter. Finally, Blue Trust Inc. increased its position in BILL by 102.7% during the second quarter. Blue Trust Inc. now owns 1,261 shares of the company’s stock worth $58,000 after buying an additional 639 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Trading Up 0.9%

NYSE BILL opened at $51.21 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.38. The business has a fifty day simple moving average of $49.67 and a 200 day simple moving average of $46.22. BILL Holdings, Inc. has a 12 month low of $36.55 and a 12 month high of $100.19. The firm has a market capitalization of $5.20 billion, a P/E ratio of -320.02, a PEG ratio of 13.66 and a beta of 1.42.

BILL (NYSE:BILL) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.12. The company had revenue of $383.35 million for 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%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.57 EPS. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. On average, analysts predict that BILL Holdings, Inc. will post 0.12 EPS for the current fiscal year.

BILL declared that its Board of Directors has approved a share repurchase plan on Wednesday, August 27th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 7.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Canaccord Genuity Group reissued a “buy” rating and set a $75.00 price target on shares of BILL in a research report on Thursday, August 28th. Robert W. Baird decreased their target price on BILL from $55.00 to $52.00 and set a “neutral” rating on the stock in a research report on Friday, July 18th. Oppenheimer upped their target price on BILL from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday. BMO Capital Markets decreased their target price on BILL from $52.00 to $50.00 and set a “market perform” rating on the stock in a research report on Thursday, August 28th. Finally, Mizuho decreased their target price on BILL from $50.00 to $43.00 and set a “neutral” rating on the stock in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $60.10.

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.