Amova Asset Management Americas Inc. Lowers Stock Position in BILL Holdings, Inc. $BILL

Amova Asset Management Americas Inc. lessened its stake in BILL Holdings, Inc. (NYSE:BILL) by 5.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 239,858 shares of the company’s stock after selling 12,890 shares during the quarter. Amova Asset Management Americas Inc.’s holdings in BILL were worth $12,703,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Nomura Holdings Inc. raised its position in shares of BILL by 7,753.6% during the 2nd quarter. Nomura Holdings Inc. now owns 1,486,762 shares of the company’s stock valued at $68,778,000 after buying an additional 1,467,831 shares in the last quarter. Norges Bank bought a new position in BILL in the second quarter valued at $52,908,000. Senvest Management LLC raised its position in BILL by 96.2% during the second quarter. Senvest Management LLC now owns 1,827,889 shares of the company’s stock valued at $84,558,000 after purchasing an additional 896,393 shares in the last quarter. Federated Hermes Inc. lifted its stake in BILL by 96.3% during the second quarter. Federated Hermes Inc. now owns 1,303,473 shares of the company’s stock worth $60,299,000 after purchasing an additional 639,502 shares during the last quarter. Finally, Parnassus Investments LLC lifted its stake in BILL by 191.5% during the third quarter. Parnassus Investments LLC now owns 905,585 shares of the company’s stock worth $47,969,000 after purchasing an additional 594,939 shares during the last quarter. Institutional investors own 97.99% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. raised their price objective on BILL from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Friday, November 7th. William Blair reissued a “market perform” rating on shares of BILL in a research note on Friday, November 7th. Zacks Research cut shares of BILL from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. BMO Capital Markets reduced their target price on shares of BILL from $50.00 to $46.00 and set a “market perform” rating on the stock in a report on Friday, February 6th. Finally, The Goldman Sachs Group lowered their price target on shares of BILL from $65.00 to $52.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $56.95.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Quarterly results and guidance: BILL beat Q (reported) revenue and EPS, with revenue up ~14.4% y/y and Q3 / FY26 EPS guidance issued (FY26: 2.330–2.410). Those fundamentals and upward guidance support longer-term revenue growth and profit expansion.
• Positive Sentiment: Management presentation at Morgan Stanley — investor Q&A and transcript provide additional color on product adoption, margin trajectory and go‑to‑market execution; could help reduce uncertainty if comments reinforce guidance. BILL Presents at Morgan Stanley TMT Conference (Transcript)
• Neutral Sentiment: Newsflow in the supplied list is largely political/legislative and not specific to BILL’s payments/B2B software business, so little direct incremental impact from those items on near-term revenue or regulation for BILL.
• Negative Sentiment: Technical and valuation headwinds: shares are trading under the 50- and 200-day moving averages, volume is below average, and the stock carries a high P/E (~109) with modest net margin — making it vulnerable to profit-taking or short-term market rotation away from richly valued growth names.

BILL Stock Performance

Shares of NYSE:BILL opened at $43.56 on Thursday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average price of $47.68 and a 200-day moving average price of $49.35. The company has a market cap of $4.31 billion, a price-to-earnings ratio of -181.50, a price-to-earnings-growth ratio of 5.14 and a beta of 1.25. BILL Holdings, Inc. has a 12 month low of $35.46 and a 12 month high of $57.21.

BILL (NYSE:BILL) last posted its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.08. BILL had a positive return on equity of 1.70% and a negative net margin of 1.56%.The company had revenue of $414.67 million for the quarter, compared to analysts’ expectations of $399.71 million. During the same period last year, the firm earned $0.56 earnings per share. BILL’s quarterly revenue was up 14.4% on a year-over-year basis. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. As a group, equities analysts anticipate that BILL Holdings, Inc. will post 0.12 EPS for the current year.

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. It also offers onboarding implementation support, and ongoing support and training services.