Parnassus Investments LLC Grows Stock Holdings in BILL Holdings, Inc. $BILL

Parnassus Investments LLC grew its holdings in BILL Holdings, Inc. (NYSE:BILL) by 191.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 905,585 shares of the company’s stock after purchasing an additional 594,939 shares during the quarter. Parnassus Investments LLC owned approximately 0.89% of BILL worth $47,969,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BILL. UMB Bank n.a. increased its position in BILL by 283.3% during the second quarter. UMB Bank n.a. now owns 1,215 shares of the company’s stock worth $56,000 after buying an additional 898 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of BILL by 102.7% during the second quarter. Blue Trust Inc. now owns 1,261 shares of the company’s stock worth $58,000 after buying an additional 639 shares in the last quarter. FNY Investment Advisers LLC grew its holdings in shares of BILL by 133.7% during the second quarter. FNY Investment Advisers LLC now owns 1,402 shares of the company’s stock worth $64,000 after buying an additional 802 shares in the last quarter. Plato Investment Management Ltd raised its position in shares of BILL by 234.0% in the first quarter. Plato Investment Management Ltd now owns 1,630 shares of the company’s stock valued at $76,000 after buying an additional 1,142 shares during the last quarter. Finally, EMC Capital Management lifted its stake in shares of BILL by 48.1% during the second quarter. EMC Capital Management now owns 2,000 shares of the company’s stock valued at $93,000 after buying an additional 650 shares during the period. Hedge funds and other institutional investors own 97.99% of the company’s stock.

Insider Transactions at BILL

In other news, SVP Germaine Cota sold 1,104 shares of BILL stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $51.23, for a total transaction of $56,557.92. Following the sale, the senior vice president owned 10,812 shares in the company, valued at $553,898.76. This trade represents a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 13.20% of the stock is owned by company insiders.

BILL Stock Down 0.1%

Shares of BILL stock opened at $54.50 on Friday. BILL Holdings, Inc. has a twelve month low of $36.55 and a twelve month high of $100.19. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of -201.83, a price-to-earnings-growth ratio of 7.70 and a beta of 1.32. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.47. The company has a fifty day moving average price of $51.91 and a 200 day moving average price of $49.08.

BILL (NYSE:BILL) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.10. BILL had a return on equity of 1.39% and a net margin of 0.79%.The company had revenue of $395.74 million for the quarter, compared to analysts’ expectations of $390.91 million. During the same quarter in the previous year, the firm posted $0.63 earnings per share. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. Equities research analysts forecast that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BILL has been the subject of several analyst reports. Citigroup upgraded BILL to a “strong-buy” rating in a report on Thursday, October 23rd. The Goldman Sachs Group increased their target price on BILL from $54.00 to $62.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Keefe, Bruyette & Woods raised their price target on BILL from $52.00 to $60.00 and gave the stock a “market perform” rating in a research note on Friday, January 2nd. BTIG Research reaffirmed a “buy” rating and set a $60.00 price objective on shares of BILL in a research note on Friday, December 12th. Finally, Zacks Research cut shares of BILL from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, BILL has a consensus rating of “Hold” and a consensus target price of $59.43.

Key Stories Impacting BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Analyst/sector piece highlights BILL as a beneficiary of structural cost‑cutting trends in 2026 (automation, margin protection, expense optimization), a thematic tailwind for BILL’s billing and AP/AR automation products. 3 Stocks That Benefit if Companies Cut Costs in 2026 (BILL)
• Positive Sentiment: Parnassus Core Equity Fund reestablished a position in BILL, signaling renewed institutional interest that can support the stock (buying by ESG/active managers is often seen as validation). Parnassus Core Equity Fund Reestablished a Position in BILL Holdings (BILL). Here’s Why
• Neutral Sentiment: Industry policy: a new AV (autonomous vehicle) bill for heavy trucking could reshape logistics costs and billing flows over time — an indirect potential opportunity for billing/automation vendors like BILL but not an immediate revenue driver. 2026 AV bill a game changer for heavy trucking
• Neutral Sentiment: Congress moved a $180B funding minibus to avoid a shutdown, reducing short‑term macro policy risk — a stabilizing backdrop for equities but not specific to BILL’s fundamentals. House clears $180B funding bill to avoid Jan. 30 shutdown
• Neutral Sentiment: Healthcare policy noise: the House passed a bill to extend ACA subsidies (unlikely to clear the Senate), a development that could influence payer/provider cash flows and billing volumes if enacted, but its path is uncertain. House passes bill to extend ACA subsidies, but it is not likely to survive the Senate
• Neutral Sentiment: State-level bills (surprise ambulance billing, hands‑free driving, licensing changes) and utility billing stories are being reported broadly but are mostly tangential to BILL’s SaaS billing product set; monitor for any sector‑specific regulation that would change provider billing workflows. New Wisconsin bill targets surprise ground ambulance bills

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.