Jupiter Asset Management Ltd. Has $23.48 Million Holdings in BILL Holdings, Inc. $BILL

Jupiter Asset Management Ltd. raised its holdings in BILL Holdings, Inc. (NYSE:BILLFree Report) by 137.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 507,613 shares of the company’s stock after acquiring an additional 294,084 shares during the period. Jupiter Asset Management Ltd. owned about 0.49% of BILL worth $23,482,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Temasek Holdings Private Ltd grew its position in shares of BILL by 36.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 3,719,895 shares of the company’s stock valued at $170,706,000 after purchasing an additional 992,591 shares during the period. Ameriprise Financial Inc. lifted its stake in BILL by 23.6% in the first quarter. Ameriprise Financial Inc. now owns 2,490,921 shares of the company’s stock valued at $114,308,000 after buying an additional 475,100 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in BILL by 110.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company’s stock valued at $114,265,000 after buying an additional 1,309,337 shares in the last quarter. Greenhouse Funds LLLP boosted its holdings in shares of BILL by 68.2% in the first quarter. Greenhouse Funds LLLP now owns 2,348,766 shares of the company’s stock valued at $107,785,000 after buying an additional 952,149 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of BILL by 133.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,038,609 shares of the company’s stock worth $93,552,000 after acquiring an additional 1,165,398 shares in the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Stock Up 11.4%

BILL stock opened at $51.88 on Thursday. The company has a market capitalization of $5.20 billion, a PE ratio of -192.13, a PEG ratio of 10.95 and a beta of 1.43. The firm’s fifty day moving average is $50.90 and its 200 day moving average is $46.81. BILL Holdings, Inc. has a 12-month low of $36.55 and a 12-month high of $100.19. The company has a quick ratio of 1.58, a current ratio of 1.67 and a debt-to-equity ratio of 0.47.

BILL (NYSE:BILLGet Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.10. The business had revenue of $395.74 million for the quarter, compared to analysts’ expectations of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.The business’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.63 earnings per share. BILL has set its FY 2026 guidance at 2.110-2.250 EPS. Q2 2026 guidance at 0.540-0.570 EPS. As a group, sell-side analysts predict that BILL Holdings, Inc. will post 0.12 EPS for the current fiscal year.

BILL declared that its Board of Directors has initiated a share buyback plan on Wednesday, August 27th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 7.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several research firms recently issued reports on BILL. Susquehanna dropped their target price on BILL from $89.00 to $84.00 and set a “positive” rating on the stock in a report on Friday, November 7th. Truist Financial cut their target price on shares of BILL from $63.00 to $61.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Needham & Company LLC restated a “buy” rating and set a $75.00 price objective on shares of BILL in a report on Friday, November 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of BILL in a research note on Wednesday, October 8th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $75.00 price target on shares of BILL in a research note on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, BILL presently has a consensus rating of “Moderate Buy” and an average target price of $58.90.

Get Our Latest Stock Report on BILL

BILL Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BILL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BILL Holdings, Inc. (NYSE:BILLFree Report).

Institutional Ownership by Quarter for BILL (NYSE:BILL)

Receive News & Ratings for BILL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BILL and related companies with MarketBeat.com's FREE daily email newsletter.