Credit Industriel ET Commercial Purchases New Holdings in BILL Holdings, Inc. $BILL

Credit Industriel ET Commercial bought a new stake in BILL Holdings, Inc. (NYSE:BILL) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 40,000 shares of the company’s stock, valued at approximately $1,532,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. UMB Bank n.a. raised its stake in shares of BILL by 21.8% in the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock valued at $73,000 after purchasing an additional 239 shares in the last quarter. GAMMA Investing LLC boosted 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. Thrivent Financial for Lutherans increased its stake in shares of BILL by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after acquiring an additional 327 shares during the period. SBI Securities Co. Ltd. boosted its stake in BILL by 46.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after buying an additional 401 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in BILL by 173.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after acquiring an additional 452 shares in the last quarter. Institutional investors own 97.99% of the company’s stock.

BILL Price Performance

Shares of BILL opened at $40.76 on Tuesday. 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 firm has a market cap of $4.06 billion, a PE ratio of -4,101.40, a PEG ratio of 0.91 and a beta of 1.17. The firm’s 50 day moving average price is $36.41 and its 200 day moving average price is $42.02. BILL Holdings, Inc. has a twelve month low of $31.41 and a twelve month high of $57.21.

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

Wall Street Analysts Forecast Growth

BILL has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of BILL from $60.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, June 5th. Wall Street Zen upgraded BILL from a “hold” rating to a “buy” rating in a report on Sunday. Zacks Research raised shares of BILL from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Keefe, Bruyette & Woods raised their price target on shares of BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings raised shares of 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 assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $55.19.

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.