Chicago Partners Investment Group LLC Cuts Stake in BILL Holdings, Inc. $BILL

Chicago Partners Investment Group LLC reduced its holdings in shares of BILL Holdings, Inc. (NYSE:BILL) by 48.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,527 shares of the company’s stock after selling 12,643 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in BILL were worth $630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Xponance Inc. lifted its holdings in shares of BILL by 1.6% during the first quarter. Xponance Inc. now owns 13,902 shares of the company’s stock valued at $638,000 after purchasing an additional 222 shares in the last quarter. Quarry LP lifted its holdings in BILL by 85.9% in the first quarter. Quarry LP now owns 766 shares of the company’s stock valued at $35,000 after acquiring an additional 354 shares during the period. Brooklyn Investment Group lifted its holdings in BILL by 73.6% in the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock valued at $41,000 after acquiring an additional 377 shares during the period. Sei Investments Co. lifted its holdings in BILL by 1.4% in the first quarter. Sei Investments Co. now owns 40,230 shares of the company’s stock valued at $1,846,000 after acquiring an additional 555 shares during the period. Finally, Ieq Capital LLC lifted its holdings in BILL by 6.4% in the first quarter. Ieq Capital LLC now owns 10,619 shares of the company’s stock valued at $487,000 after acquiring an additional 638 shares during the period. 97.99% of the stock is owned by institutional investors.

Analyst Ratings Changes

BILL has been the topic of a number of recent research reports. Oppenheimer reissued an “outperform” rating and issued a $55.00 target price on shares of BILL in a report on Thursday, August 28th. Robert W. Baird lowered their target price on BILL from $55.00 to $52.00 and set a “neutral” rating on the stock in a report on Friday, July 18th. Evercore ISI decreased their price objective on BILL from $50.00 to $48.00 and set an “in-line” rating on the stock in a research note on Thursday, August 28th. Piper Sandler downgraded BILL from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $70.00 to $50.00 in a research note on Thursday, August 28th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $75.00 price objective on shares of BILL in a research note on Thursday, August 28th. Eleven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $59.75.

BILL Stock Up 0.8%

Shares of BILL opened at $52.94 on Wednesday. The business’s 50 day moving average is $49.03 and its 200 day moving average is $45.96. The company has a market capitalization of $5.38 billion, a PE ratio of -330.85, a price-to-earnings-growth ratio of 14.01 and a beta of 1.42. BILL Holdings, Inc. has a 12-month low of $36.55 and a 12-month high of $100.19. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.38.

BILL (NYSE:BILL) last issued its earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 1.16% and a net margin of 1.63%.The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the company 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. Research analysts expect that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

BILL declared that its board has authorized a stock repurchase plan on Wednesday, August 27th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the company to buy up to 7.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

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.