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

Credit Industriel ET Commercial bought a new position in BILL Holdings, Inc. (NYSE:BILL) during the 1st quarter, Holdings Channel reports. The fund bought 40,000 shares of the company’s stock, valued at approximately $1,532,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. ER Collective Holdings LLC bought a new stake in BILL during the fourth quarter valued at about $464,588,000. Contour Asset Management LLC increased its stake in shares of BILL by 45.5% in the fourth quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company’s stock worth $256,914,000 after purchasing an additional 1,472,132 shares during the period. Marshall Wace LLP increased its stake in shares of BILL by 36.5% in the fourth quarter. Marshall Wace LLP now owns 2,958,096 shares of the company’s stock worth $161,335,000 after purchasing an additional 791,197 shares during the period. Senvest Management LLC lifted its position in shares of BILL by 155.8% during the 4th quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock worth $140,346,000 after purchasing an additional 1,567,186 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in BILL by 14.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,546,171 shares of the company’s stock valued at $134,871,000 after purchasing an additional 317,014 shares during the period. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Price Performance

Shares of BILL stock opened at $40.76 on Tuesday. The stock has a market capitalization of $4.06 billion, a price-to-earnings ratio of -4,101.40, a P/E/G ratio of 0.91 and a beta of 1.17. BILL Holdings, Inc. has a 1-year low of $31.41 and a 1-year high of $57.21. 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’s 50-day moving average price is $36.41 and its two-hundred day moving average price is $42.02.

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

Wall Street Analyst Weigh In

BILL has been the topic of a number of research analyst reports. Oppenheimer set a $55.00 target price on BILL and gave the company an “outperform” rating in a report on Friday, May 8th. BMO Capital Markets increased their price objective on BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on shares of BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, June 5th. Morgan Stanley set a $55.00 target price on shares of BILL in a research report on Friday, May 8th. Finally, Zacks Research upgraded shares of BILL from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, BILL currently has an average rating of “Moderate Buy” and a consensus price target of $55.19.

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.