13,828 Shares in BILL Holdings, Inc. $BILL Purchased by TD Asset Management Inc

TD Asset Management Inc acquired a new position in shares of BILL Holdings, Inc. (NYSE:BILL) in the second quarter, Holdings Channel reports. The institutional investor acquired 13,828 shares of the company’s stock, valued at approximately $640,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. GAMMA Investing LLC grew its position in BILL by 303.9% in the 1st quarter. GAMMA Investing LLC now owns 1,236 shares of the company’s stock valued at $57,000 after acquiring an additional 930 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in BILL by 66.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,878 shares of the company’s stock valued at $270,000 after acquiring an additional 2,336 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in BILL by 120.6% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 5,911 shares of the company’s stock valued at $271,000 after acquiring an additional 3,232 shares in the last quarter. Asset Management One Co. Ltd. grew its position in BILL by 145.6% in the 1st quarter. Asset Management One Co. Ltd. now owns 2,203 shares of the company’s stock valued at $101,000 after acquiring an additional 1,306 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in BILL by 3,947.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,098 shares of the company’s stock valued at $693,000 after acquiring an additional 14,725 shares in the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on BILL shares. The Goldman Sachs Group lifted their target price on BILL from $54.00 to $62.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BILL in a research report on Wednesday, October 8th. Truist Financial raised BILL from a “hold” rating to a “buy” rating and lifted their target price for the company from $50.00 to $63.00 in a research report on Friday, September 19th. Piper Sandler downgraded BILL from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $70.00 to $50.00 in a research report on Thursday, August 28th. Finally, BMO Capital Markets decreased their price objective on BILL from $52.00 to $50.00 and set a “market perform” rating for the company in a research note on Thursday, August 28th. Eleven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $59.95.

BILL Stock Performance

Shares of BILL opened at $50.69 on Friday. The stock has a 50-day simple moving average of $49.46 and a 200-day simple moving average of $46.07. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a market capitalization of $5.15 billion, a PE ratio of -316.80, a PEG ratio of 13.53 and a beta of 1.42. BILL Holdings, Inc. has a 1 year low of $36.55 and a 1 year high of $100.19.

BILL (NYSE:BILL) last announced its quarterly earnings data 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 business had revenue of $383.35 million during the quarter, compared to analysts’ expectations of $376.43 million. BILL had a return on equity of 1.16% and a net margin of 1.63%.The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the business posted $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. On average, analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

BILL announced that its board has authorized a stock repurchase program on Wednesday, August 27th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the company to reacquire up to 7.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are 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.