Norges Bank Buys Shares of 995,150 BILL Holdings, Inc. $BILL

Norges Bank purchased a new position in BILL Holdings, Inc. (NYSE:BILL) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 995,150 shares of the company’s stock, valued at approximately $54,275,000.

A number of other institutional investors have also recently made changes to their positions in BILL. Caitong International Asset Management Co. Ltd lifted its stake 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 purchasing an additional 486 shares during the last quarter. CWM LLC boosted its holdings 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 in the last quarter. GAMMA Investing LLC increased its position in shares of BILL by 27.2% during the 4th quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after purchasing an additional 266 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of BILL by 189.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,255 shares of the company’s stock valued at $66,000 after buying an additional 821 shares in the last quarter. Finally, SBI Securities Co. Ltd. raised its holdings in shares of BILL by 46.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after buying an additional 401 shares in the last quarter. Institutional investors own 97.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on BILL shares. Oppenheimer set a $55.00 target price on BILL and gave the stock an “outperform” rating in a research note on Friday, May 8th. Zacks Research raised shares of BILL from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Robert W. Baird boosted their price objective on shares of BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Canaccord Genuity Group upped their price objective on shares of BILL from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Wall Street Zen upgraded shares of BILL from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, BILL has a consensus rating of “Moderate Buy” and an average price target of $56.30.

Trending Headlines about BILL

Here are the key news stories impacting BILL this week:

• Neutral Sentiment: Several headlines focus on government policy and spending bills, including immigration, border funding, Ukraine aid, and food assistance. These are not direct catalysts for BILL Holdings, but they can influence market sentiment around fintech and small-cap growth stocks if investors are becoming more risk-averse.
• Neutral Sentiment: A New York bill banning prices based on personal data and Illinois regulation around high-speed e-bikes highlight a more active regulatory environment, but they do not appear to have a direct impact on BILL‘s business model.
• Neutral Sentiment: Consumer-finance articles about avoiding hospital bill mistakes and IRA tax planning are informational only and do not provide a company-specific catalyst for BILL Holdings.

BILL Price Performance

Shares of NYSE BILL opened at $35.98 on Monday. BILL Holdings, Inc. has a 1 year low of $34.35 and a 1 year high of $57.21. The stock has a market capitalization of $3.58 billion, a P/E ratio of -3,593.91, a P/E/G ratio of 1.36 and a beta of 1.20. The company’s 50-day moving average is $37.86 and its 200 day moving average is $44.40. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.66.

BILL (NYSE:BILL) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.55 by $0.13. BILL had a net margin of 0.01% and a return on equity of 2.40%. The business had revenue of $406.56 million during the quarter, compared to analyst estimates of $403.76 million. During the same period last year, the business posted $0.50 earnings per share. BILL’s quarterly revenue was up 13.5% compared to the same quarter last year. 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 expect that BILL Holdings, Inc. will post 0.88 earnings per share for the current year.

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.