Louisiana State Employees Retirement System Invests $977,000 in BILL Holdings, Inc. $BILL

Louisiana State Employees Retirement System acquired a new position in BILL Holdings, Inc. (NYSE:BILL) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 25,500 shares of the company’s stock, valued at approximately $977,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd purchased a new stake in shares of BILL in the fourth quarter valued at about $28,000. Caitong International Asset Management Co. Ltd increased its stake in shares of BILL by 972.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after purchasing an additional 486 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of BILL by 173.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after purchasing an additional 452 shares during the last quarter. CWM LLC raised its position in shares of BILL by 1,000.0% during 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 last quarter. Finally, GAMMA Investing LLC lifted its stake in BILL by 27.2% in the 4th quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after buying an additional 266 shares in the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on BILL. Keefe, Bruyette & Woods increased their target price on BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a report on Tuesday, May 12th. Morgan Stanley set a $55.00 price target on BILL in a report on Friday, May 8th. JPMorgan Chase & Co. reduced their price objective on BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, June 5th. The Goldman Sachs Group increased their price objective on BILL from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Finally, Weiss Ratings upgraded BILL from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, BILL presently has an average rating of “Moderate Buy” and a consensus price target of $55.19.

BILL Stock Down 0.2%

Shares of NYSE BILL opened at $40.39 on Monday. BILL Holdings, Inc. has a 1 year low of $31.41 and a 1 year high of $57.21. The firm’s 50 day moving average price is $36.41 and its 200 day moving average price is $42.02. The firm has a market cap of $4.02 billion, a P/E ratio of -4,035.26, a price-to-earnings-growth ratio of 0.91 and a beta of 1.17. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66.

BILL (NYSE:BILL) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.13. BILL had a return on equity of 2.40% and a net margin of 0.01%.The company had revenue of $406.56 million during the quarter, compared to the consensus estimate of $403.76 million. During the same period in the previous year, the firm posted $0.50 EPS. BILL’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, sell-side analysts anticipate that BILL Holdings, Inc. will post 0.95 earnings per share 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.