NewEdge Wealth LLC Purchases Shares of 289,289 BILL Holdings, Inc. $BILL

NewEdge Wealth LLC purchased a new position in shares of BILL Holdings, Inc. (NYSE:BILL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 289,289 shares of the company’s stock, valued at approximately $15,778,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd boosted its holdings 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 buying an additional 486 shares during the last quarter. CWM LLC increased its holdings in BILL by 1,000.0% during the fourth quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after buying an additional 730 shares during the last quarter. Hantz Financial Services Inc. raised its position in BILL by 189.2% during the third quarter. Hantz Financial Services Inc. now owns 1,255 shares of the company’s stock worth $66,000 after acquiring an additional 821 shares in the last quarter. GAMMA Investing LLC raised its position in BILL by 27.2% during the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock worth $68,000 after acquiring an additional 266 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its stake in BILL by 46.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after acquiring an additional 401 shares during the last quarter. Institutional investors own 97.99% of the company’s stock.

BILL Stock Performance

NYSE BILL opened at $41.55 on Friday. The stock has a market cap of $4.11 billion, a PE ratio of -4,150.95, a P/E/G ratio of 3.76 and a beta of 1.22. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.65 and a current ratio of 1.65. The firm has a 50-day moving average of $39.55 and a 200-day moving average of $46.11. BILL Holdings, Inc. has a 52-week low of $34.44 and a 52-week high of $57.21.

BILL (NYSE:BILL) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.13. The business had revenue of $406.56 million during the quarter, compared to analysts’ expectations of $403.76 million. BILL had a return on equity of 2.39% and a net margin of 0.01%.The firm’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, sell-side analysts anticipate that BILL Holdings, Inc. will post 0.59 EPS for the current year.

Wall Street Analysts Forecast Growth

BILL has been the subject of a number of analyst reports. Evercore set a $42.00 price objective on shares of BILL in a research report on Friday, February 6th. Zacks Research raised shares of BILL from a “hold” rating to a “strong-buy” rating in a report on Thursday. The Goldman Sachs Group cut their target price on shares of BILL from $52.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, April 13th. BMO Capital Markets boosted their price target on BILL from $43.00 to $46.00 and gave the stock a “market perform” rating in a research report on Friday. Finally, Keefe, Bruyette & Woods dropped their price objective on BILL from $60.00 to $49.00 and set a “market perform” rating on the stock in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $56.35.

BILL News Roundup

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL beat fiscal Q3 earnings and revenue estimates, with EPS of $0.68 versus $0.55 expected and revenue of $406.6 million versus $403.8 million expected, helped by 13.5% year-over-year revenue growth. Article Title
• Positive Sentiment: Management issued upbeat Q4 and full-year FY2026 guidance, with EPS and revenue forecasts both ahead of Wall Street expectations, reinforcing confidence in continued double-digit growth.
• Positive Sentiment: The company said core revenue rose 16%, driven by stronger subscription and transaction fees, signaling healthy demand in its payments and AP/AR software platform. Article Title
• Positive Sentiment: Analysts turned more constructive, including a Zacks Rank upgrade to Strong Buy and BMO raising its price target to $46 from $43, which may support the stock in the near term. Article Title
• Positive Sentiment: Investors also reacted favorably to BILL’s plan to cut about 30% of its workforce to improve profitability and focus more on AI, a move that may lift margins if execution is successful. Article Title

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.