45,640 Shares in BILL Holdings, Inc. $BILL Bought by Lavelle Capital LP

Lavelle Capital LP purchased a new stake in shares of BILL Holdings, Inc. (NYSE:BILL) during the first quarter, HoldingsChannel reports. The fund purchased 45,640 shares of the company’s stock, valued at approximately $1,748,000. BILL accounts for approximately 1.1% of Lavelle Capital LP’s portfolio, making the stock its 18th largest holding.

A number of other hedge funds also recently bought and sold shares of BILL. UMB Bank n.a. lifted its position in BILL by 21.8% during the fourth quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock valued at $73,000 after purchasing an additional 239 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of BILL by 1.7% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 18,100 shares of the company’s stock worth $693,000 after buying an additional 300 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of BILL by 1.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after buying an additional 327 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of BILL by 46.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after buying an additional 401 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of BILL by 173.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock valued at $39,000 after acquiring an additional 452 shares during the last quarter. Hedge funds and other institutional investors own 97.99% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on BILL shares. Truist Financial upped their price objective on BILL from $38.00 to $44.00 and gave the company a “hold” rating in a research report on Friday, July 24th. Oppenheimer set a $55.00 target price on BILL and gave the stock an “outperform” rating in a report on Friday, May 8th. Zacks Research downgraded BILL from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. The Goldman Sachs Group increased their price target on BILL from $44.00 to $50.00 and gave the company a “buy” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. decreased their price target on BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, June 5th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $55.95.

BILL Trading Down 0.3%

BILL opened at $45.23 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. The stock’s 50 day moving average price is $38.36 and its 200-day moving average price is $40.51. BILL Holdings, Inc. has a one year low of $31.41 and a one year high of $57.21. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of -4,518.68, a P/E/G ratio of 1.01 and a beta of 1.17.

BILL (NYSE:BILL) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $403.76 million. During the same quarter in the previous year, the business earned $0.50 EPS. BILL’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. On average, equities analysts forecast that BILL Holdings, Inc. will post 0.95 EPS for the current year.

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.