Prescott Group Capital Management L.L.C. Buys 18,000 Shares of BILL Holdings, Inc. $BILL

Prescott Group Capital Management L.L.C. boosted its stake in shares of BILL Holdings, Inc. (NYSE:BILL) by 90.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,000 shares of the company’s stock after purchasing an additional 18,000 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in BILL were worth $2,073,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BILL. Marshall Wace LLP boosted its position in BILL by 190.8% during the third quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock worth $114,781,000 after purchasing an additional 1,421,785 shares during the period. National Bank of Canada FI bought a new stake in shares of BILL in the third quarter valued at about $42,376,000. Assenagon Asset Management S.A. boosted its position in shares of BILL by 1,237.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 643,045 shares of the company’s stock valued at $35,072,000 after acquiring an additional 594,974 shares during the period. Mangrove Partners IM LLC bought a new stake in shares of BILL in the third quarter valued at about $31,147,000. Finally, ING Groep NV bought a new stake in shares of BILL in the third quarter valued at about $26,485,000. 97.99% of the stock is owned by institutional investors.

More BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Truist lowered its price target on BILL slightly to $45 from $46 but kept a Buy rating, which still implies meaningful upside from current levels. Benzinga
• Positive Sentiment: Brokerage coverage remains supportive overall, with BILL reported to have a Moderate Buy consensus from analysts, reinforcing investor confidence in the name. American Banking News
• Positive Sentiment: A new Seeking Alpha piece argues BILL is ramping profitability through layoffs and efficiency efforts, which could help margins and support a turnaround thesis if execution improves. Seeking Alpha
• Neutral Sentiment: At a J.P. Morgan technology conference, BILL presented alongside other software and AI-adjacent companies, but no major new catalyst was disclosed in the transcript summary. Seeking Alpha transcript
• Neutral Sentiment: Recent articles highlighted BILL as a discounted mid-cap AI/infrastructure-related stock, which may help valuation sentiment but does not signal a near-term business change. Zacks

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BILL. Evercore set a $42.00 target price on shares of BILL in a research report on Friday, February 6th. BMO Capital Markets boosted their target price on shares of BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Keefe, Bruyette & Woods boosted their target price on shares of BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a research report on Tuesday, May 12th. Robert W. Baird boosted their target price on shares of BILL from $50.00 to $54.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, The Goldman Sachs Group boosted their target price on shares of BILL from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, BILL has an average rating of “Moderate Buy” and a consensus price target of $56.80.

BILL Price Performance

Shares of NYSE:BILL opened at $38.25 on Thursday. The firm has a 50 day moving average of $38.77 and a 200-day moving average of $45.41. The stock has a market capitalization of $3.81 billion, a PE ratio of -3,821.28, a PEG ratio of 1.95 and a beta of 1.22. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. BILL Holdings, Inc. has a 12 month low of $34.44 and a 12 month high of $57.21.

BILL (NYSE:BILL) last issued its earnings results on Thursday, May 7th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.55 by $0.13. The company had revenue of $406.56 million during the quarter, compared to analysts’ expectations of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. The business’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, equities research analysts predict that BILL Holdings, Inc. will post 0.65 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.