Sterling Capital Management LLC Acquires 14,548 Shares of BILL Holdings, Inc. $BILL

Sterling Capital Management LLC increased its stake in BILL Holdings, Inc. (NYSE:BILL) by 305.6% in the 1st quarter, HoldingsChannel reports. The fund owned 19,309 shares of the company’s stock after acquiring an additional 14,548 shares during the period. Sterling Capital Management LLC’s holdings in BILL were worth $740,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BILL. Caitong International Asset Management Co. Ltd lifted its stake 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 purchasing an additional 486 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of BILL during the 4th quarter valued at approximately $28,000. Rockefeller Capital Management L.P. raised its holdings in BILL by 173.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock valued at $39,000 after buying an additional 452 shares during the period. CWM LLC lifted its position in BILL by 1,000.0% in 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. Finally, GAMMA Investing LLC lifted its position in BILL by 27.2% in the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock worth $68,000 after buying an additional 266 shares during the last quarter. 97.99% of the stock is currently owned by hedge funds and other institutional investors.

BILL Stock Up 7.2%

Shares of BILL opened at $38.75 on Thursday. The firm has a fifty day moving average price of $36.39 and a 200-day moving average price of $42.22. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $3.86 billion, a P/E ratio of -3,871.33, a P/E/G ratio of 1.27 and a beta of 1.17. BILL Holdings, Inc. has a 12-month low of $31.41 and a 12-month high of $57.21.

BILL (NYSE:BILL) last posted its quarterly 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 company had revenue of $406.56 million for the quarter, compared to the consensus estimate of $403.76 million. During the same quarter last year, the firm posted $0.50 EPS. The firm’s revenue was up 13.5% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. Equities research analysts expect that BILL Holdings, Inc. will post 0.95 earnings per share for the current year.

Key Stories Impacting BILL

Here are the key news stories impacting BILL this week:

• Neutral Sentiment: No company-specific catalyst for BILL Holdings was included in the articles, so today’s move likely reflects broader market sentiment, sector rotation, or reaction to recent company fundamentals rather than this news set.
• Neutral Sentiment: The stock has already been trading above its 50-day moving average, but still below its 200-day average, suggesting investors may be waiting for a clearer catalyst before re-rating the shares.
• Neutral Sentiment: BILL’s last reported quarter showed better-than-expected EPS and revenue growth, which may be supporting the stock, but that earnings news was from earlier and not part of this latest batch of headlines.

Wall Street Analyst Weigh In

BILL has been the subject of several analyst reports. Wall Street Zen lowered shares of BILL from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. BMO Capital Markets upped their price target on shares of BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Truist Financial lowered shares of BILL from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $45.00 to $35.00 in a research report on Wednesday, June 10th. Robert W. Baird increased their price objective 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. Finally, Weiss Ratings raised shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, BILL has an average rating of “Moderate Buy” and an average target price of $55.19.

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.