411,900 Shares in BILL Holdings, Inc. $BILL Bought by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board acquired 411,900 BILL shares worth approximately $14.9 million, while institutional investors collectively own 97.99% of the company.
• BILL exceeded quarterly expectations, reporting $0.84 in adjusted EPS versus $0.71 expected and revenue of $436.19 million versus $430.55 million, with revenue up 13.8% year over year.
• Analyst sentiment is generally positive but mixed: BILL has a “Moderate Buy” consensus rating and an average price target of $58.22, compared with its reported share price of $50.25.

Canada Pension Plan Investment Board acquired a new position in BILL Holdings, Inc. (NYSE:BILL - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 411,900 shares of the company's stock, valued at approximately $14,894,000. Canada Pension Plan Investment Board owned 0.41% of BILL at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of BILL. UMB Bank n.a. lifted its stake in shares of BILL by 21.8% in the 4th 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 period. Oregon Public Employees Retirement Fund lifted 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 purchasing an additional 300 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of BILL by 1.3% in the second 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. lifted its position in BILL by 46.3% in the 4th 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 in the last quarter. Finally, Versant Capital Management Inc boosted its position in shares of BILL by 147.3% during the second quarter. Versant Capital Management Inc now owns 722 shares of the company's stock valued at $26,000 after buying an additional 430 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on BILL shares. Truist Financial boosted their price target on shares of BILL from $38.00 to $44.00 and gave the stock a "hold" rating in a report on Friday, July 24th. Needham & Company LLC reissued a "buy" rating on shares of BILL in a report on Thursday, August 20th. BMO Capital Markets increased their price target on shares of BILL from $46.00 to $55.00 and gave the company a "market perform" rating in a research report on Thursday, August 20th. Robert W. Baird raised their price target on shares of BILL from $50.00 to $54.00 and gave the stock a "neutral" rating in a research note on Monday, May 11th. Finally, The Goldman Sachs Group lifted their target price on shares of BILL from $50.00 to $57.00 and gave the stock a "buy" rating in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $58.22.

BILL Price Performance

Shares of NYSE:BILL opened at $50.25 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.49. The company's fifty day moving average is $43.90 and its 200 day moving average is $40.93. The stock has a market cap of $4.29 billion, a PE ratio of -386.54, a PEG ratio of 0.75 and a beta of 1.13. BILL Holdings, Inc. has a 52 week low of $31.41 and a 52 week high of $57.21.

BILL (NYSE:BILL - Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.13. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The firm had revenue of $436.19 million during the quarter, compared to analyst estimates of $430.55 million. During the same quarter in the prior year, the firm posted $0.53 earnings per share. The business's quarterly revenue was up 13.8% compared to the same quarter last year. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. Research analysts anticipate that BILL Holdings, Inc. will post 2.17 earnings per share for the current year.

Trending Headlines about BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Rising earnings estimates: Zacks reported that recent estimate revisions could support further near-term strength in BILL shares, suggesting analysts are becoming more confident in the company’s earnings outlook. Can BILL Holdings (BILL) Run Higher on Rising Earnings Estimates?
• Positive Sentiment: Strong-buy upgrade: Zacks Research upgraded BILL from “hold” to “strong buy,” adding positive analyst momentum around the stock.
• Positive Sentiment: Solid quarterly performance and growth prospects: A Seeking Alpha analysis said BILL exceeded fiscal fourth-quarter 2026 revenue and EPS guidance and consensus, while showing meaningful improvement in operating profitability. The analysis also highlighted BILL’s proprietary financial data, 9-million-member network and developing AI capabilities as potential competitive advantages. Share repurchases have reduced the share count by roughly 15 million, and the contributor views the stock as undervalued, assigning an $86 price target. BILL Holdings: Good Progress, No Drama
• Neutral Sentiment: Analyst consensus remains cautious: A separate report said BILL has an average analyst recommendation of “hold,” indicating that the bullish Zacks upgrade has not yet translated into broad consensus optimism. BILL Holdings Receives Average Recommendation of Hold

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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