Altiora Financial Group LLC Sells 15,612 Shares of BILL Holdings, Inc. $BILL

Altiora Financial Group LLC decreased its stake in shares of BILL Holdings, Inc. (NYSE:BILL) by 45.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,000 shares of the company’s stock after selling 15,612 shares during the period. Altiora Financial Group LLC’s holdings in BILL were worth $1,036,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC raised its position in BILL by 50.3% in the first quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock worth $367,000 after acquiring an additional 2,678 shares during the period. Prudential Financial Inc. raised its position in BILL by 19.6% in the second quarter. Prudential Financial Inc. now owns 9,992 shares of the company’s stock worth $462,000 after acquiring an additional 1,637 shares during the period. California Public Employees Retirement System raised its position in BILL by 2.2% in the second quarter. California Public Employees Retirement System now owns 167,487 shares of the company’s stock worth $7,748,000 after acquiring an additional 3,602 shares during the period. AXA S.A. raised its position in BILL by 121.7% in the second quarter. AXA S.A. now owns 58,346 shares of the company’s stock worth $2,699,000 after acquiring an additional 32,024 shares during the period. Finally, Bayesian Capital Management LP bought a new position in BILL in the second quarter worth approximately $1,624,000. Institutional investors own 97.99% of the company’s stock.

Wall Street Analyst Weigh In

BILL has been the topic of several recent research reports. Robert W. Baird increased their price target on shares of BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Wall Street Zen upgraded shares of BILL from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. JPMorgan Chase & Co. decreased their price target on shares of BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, June 5th. Keefe, Bruyette & Woods increased their price target on shares of BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 12th. Finally, Morgan Stanley set a $55.00 price target on shares of BILL in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $55.80.

BILL Stock Down 0.9%

Shares of BILL stock opened at $32.09 on Friday. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of -3,205.79, a PEG ratio of 1.14 and a beta of 1.20. BILL Holdings, Inc. has a one year low of $31.52 and a one year high of $57.21. The company’s fifty day moving average price is $37.52 and its 200-day moving average price is $43.99. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.66.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.55 by $0.13. The firm had revenue of $406.56 million for the quarter, compared to the consensus estimate of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. The company’s revenue was up 13.5% on a year-over-year basis. During the same period last year, the firm earned $0.50 EPS. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. Sell-side analysts expect that BILL Holdings, Inc. will post 0.95 EPS for the current fiscal year.

About BILL

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.