BILL Holdings, Inc. $BILL Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System lifted its position in BILL Holdings, Inc. (NYSE:BILL) by 11.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 169,880 shares of the company’s stock after buying an additional 16,850 shares during the period. California Public Employees Retirement System owned approximately 0.17% of BILL worth $6,506,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BILL. Caitong International Asset Management Co. Ltd grew its holdings in BILL by 972.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after acquiring an additional 486 shares during the period. Aster Capital Management DIFC Ltd bought a new position in shares of BILL during the 4th quarter valued at about $28,000. Rockefeller Capital Management L.P. grew its stake in shares of BILL by 173.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after purchasing an additional 452 shares during the last quarter. CWM LLC grew its stake in shares of BILL by 1,000.0% in the 4th quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after purchasing an additional 730 shares during the last quarter. Finally, Geneos Wealth Management Inc. acquired a new position in shares of BILL in the 1st quarter worth approximately $57,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Stock Up 0.0%

NYSE:BILL opened at $43.53 on Monday. The business’s fifty day moving average price is $37.52 and its 200 day moving average price is $40.74. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of -4,348.35, a PEG ratio of 0.98 and a beta of 1.17. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. BILL Holdings, Inc. has a 1-year low of $31.41 and a 1-year high of $57.21.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.13. The firm had revenue of $406.56 million during the quarter, compared to analyst estimates of $403.76 million. BILL had a return on equity of 2.40% and a net margin of 0.01%.The business’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period last year, the company posted $0.50 EPS. 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, sell-side analysts forecast that BILL Holdings, Inc. will post 0.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Zacks Research cut BILL from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Weiss Ratings upgraded BILL from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. Oppenheimer set a $55.00 target price on BILL and gave the stock an “outperform” rating in a research report on Friday, May 8th. BMO Capital Markets upped their target price on BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Finally, Truist Financial upped their target price on BILL from $38.00 to $44.00 and gave the company a “hold” rating in a report on Friday. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $55.95.

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.