BILL Holdings, Inc. $BILL Holdings Raised by Totem Point Management LLC

Totem Point Management LLC lifted its holdings in BILL Holdings, Inc. (NYSE:BILL) by 117.8% in the fourth quarter, HoldingsChannel reports. The firm owned 155,100 shares of the company’s stock after buying an additional 83,875 shares during the quarter. BILL makes up approximately 8.4% of Totem Point Management LLC’s holdings, making the stock its 8th biggest holding. Totem Point Management LLC’s holdings in BILL were worth $8,459,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in BILL. Empowered Funds LLC grew its holdings in shares of BILL by 50.3% in the first quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock valued at $367,000 after purchasing an additional 2,678 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of BILL by 19.6% in the second quarter. Prudential Financial Inc. now owns 9,992 shares of the company’s stock valued at $462,000 after purchasing an additional 1,637 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of BILL by 2.2% in the second quarter. California Public Employees Retirement System now owns 167,487 shares of the company’s stock valued at $7,748,000 after purchasing an additional 3,602 shares in the last quarter. AXA S.A. grew its holdings in shares of BILL by 121.7% in the second quarter. AXA S.A. now owns 58,346 shares of the company’s stock valued at $2,699,000 after purchasing an additional 32,024 shares in the last quarter. Finally, Bayesian Capital Management LP acquired a new position in shares of BILL in the second quarter valued at approximately $1,624,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Trading Up 0.5%

Shares of BILL stock opened at $33.72 on Wednesday. The company has a fifty day simple moving average of $37.21 and a 200-day simple moving average of $43.65. BILL Holdings, Inc. has a 12-month low of $31.52 and a 12-month high of $57.21. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of -3,368.33, a PEG ratio of 1.18 and a beta of 1.20.

BILL (NYSE:BILL) last issued its earnings results on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $403.76 million. During the same quarter in the prior year, the business posted $0.50 EPS. The company’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, equities analysts forecast that BILL Holdings, Inc. will post 0.95 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BILL. BMO Capital Markets lifted their price objective on shares of BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a report on Friday, May 8th. The Goldman Sachs Group lifted their price objective on shares of BILL from $44.00 to $50.00 and gave the company a “buy” rating in a report on Monday, May 11th. Truist Financial cut shares of BILL from a “buy” rating to a “hold” rating and lowered their price target for the stock from $45.00 to $35.00 in a report on Wednesday, June 10th. Weiss Ratings upgraded shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. Finally, Morgan Stanley set a $55.00 price target on shares of BILL in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.80.

BILL 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.