BILL Holdings, Inc. $BILL Position Reduced by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in BILL Holdings, Inc. (NYSE:BILL) by 87.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,306 shares of the company’s stock after selling 161,227 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in BILL were worth $1,217,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its position in shares of BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after acquiring an additional 486 shares in the last quarter. CWM LLC boosted its stake in BILL by 1,000.0% in the 4th quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after purchasing an additional 730 shares during the period. Hantz Financial Services Inc. grew its position in BILL by 189.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,255 shares of the company’s stock worth $66,000 after purchasing an additional 821 shares in the last quarter. GAMMA Investing LLC raised its stake in BILL by 27.2% during the 4th quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after purchasing an additional 266 shares during the period. Finally, SBI Securities Co. Ltd. raised its stake in BILL by 46.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after purchasing an additional 401 shares during the period. 97.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Keefe, Bruyette & Woods raised their target price on BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 12th. Weiss Ratings raised BILL from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. The Goldman Sachs Group raised their price objective on BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Morgan Stanley set a $55.00 target price on BILL in a research note on Friday, May 8th. Finally, Truist Financial dropped their target price on BILL from $46.00 to $45.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $56.30.

BILL Stock Down 2.1%

Shares of BILL stock opened at $35.22 on Tuesday. The stock’s 50 day simple moving average is $37.80 and its 200 day simple moving average is $44.31. BILL Holdings, Inc. has a twelve month low of $34.35 and a twelve month high of $57.21. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of -3,518.18, a PEG ratio of 1.36 and a beta of 1.20.

BILL (NYSE:BILL) last announced its earnings results on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.13. BILL had a return on equity of 2.40% and a net margin of 0.01%.The firm 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 earned $0.50 earnings per share. The company’s revenue 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. As a group, research analysts predict that BILL Holdings, Inc. will post 0.88 EPS for the current year.

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.