Temasek Holdings Private Ltd Acquires 992,591 Shares of BILL Holdings, Inc. $BILL

Key Points

• Temasek Holdings Private Ltd increased its stake in BILL Holdings, Inc. by 36.4%, acquiring an additional 992,591 shares to reach a total of 3,719,895 shares, representing approximately 0.7% of Temasek's holdings.
• A number of hedge funds made adjustments to their positions in BILL, with Fred Alger Management LLC increasing its stake by 65.7% and Stifel Financial Corp and Cetera Investment Advisers acquiring new positions.
• BILL Holdings, Inc. reported a profit of $0.53 EPS for the last quarter, exceeding expectations, and announced a $300 million stock buyback plan hinting at the board's belief that the stock is undervalued.

Temasek Holdings Private Ltd lifted its stake in BILL Holdings, Inc. (NYSE:BILL - Free Report) by 36.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,719,895 shares of the company's stock after buying an additional 992,591 shares during the period. BILL comprises approximately 0.7% of Temasek Holdings Private Ltd's holdings, making the stock its 29th largest holding. Temasek Holdings Private Ltd owned approximately 3.65% of BILL worth $170,706,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Stifel Financial Corp bought a new stake in shares of BILL during the fourth quarter worth $558,000. Cetera Investment Advisers bought a new position in shares of BILL during the 4th quarter worth approximately $467,000. CoreCap Advisors LLC bought a new position in shares of BILL in the fourth quarter valued at about $30,000. Fred Alger Management LLC lifted its position in BILL by 65.7% during the fourth quarter. Fred Alger Management LLC now owns 49,272 shares of the company's stock worth $4,174,000 after acquiring an additional 19,544 shares during the last quarter. Finally, Ensign Peak Advisors Inc grew its holdings in BILL by 23.5% in the 4th quarter. Ensign Peak Advisors Inc now owns 39,410 shares of the company's stock valued at $3,338,000 after buying an additional 7,500 shares in the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

BILL Trading Up 4.0%

BILL traded up $2.01 during midday trading on Wednesday, reaching $52.93. 7,721,421 shares of the company's stock traded hands, compared to its average volume of 2,891,553. BILL Holdings, Inc. has a 52 week low of $36.55 and a 52 week high of $100.19. The stock has a market capitalization of $5.38 billion, a price-to-earnings ratio of -330.80, a P/E/G ratio of 14.38 and a beta of 1.37. The firm has a fifty day moving average of $44.63 and a two-hundred day moving average of $45.12. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.58.

BILL (NYSE:BILL - Get Free Report) last announced its earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.12. The business had revenue of $383.35 million during the quarter, compared to the consensus estimate of $376.43 million. BILL had a net margin of 1.63% and a return on equity of 1.16%. The business's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.57 earnings per share. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. On average, equities analysts anticipate that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

BILL declared that its Board of Directors has approved a share repurchase program on Wednesday, August 27th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the company to repurchase up to 7.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

Analysts Set New Price Targets

BILL has been the subject of several analyst reports. Citigroup dropped their target price on shares of BILL from $88.00 to $67.00 and set a "buy" rating for the company in a research report on Thursday, May 22nd. Robert W. Baird decreased their price target on BILL from $55.00 to $52.00 and set a "neutral" rating for the company in a research note on Friday, July 18th. Mizuho decreased their price target on BILL from $50.00 to $43.00 and set a "neutral" rating for the company in a report on Thursday, August 28th. Needham & Company LLC restated a "buy" rating and issued a $75.00 price target on shares of BILL in a report on Thursday, August 28th. Finally, Oppenheimer reissued an "outperform" rating and issued a $55.00 price target on shares of BILL in a research report on Thursday, August 28th. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $59.50.

Insider Buying and Selling

In other news, insider Rajesh A. Aji sold 1,780 shares of the stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $45.25, for a total value of $80,545.00. Following the completion of the sale, the insider directly owned 9,298 shares of the company's stock, valued at $420,734.50. This represents a 16.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.20% of the stock is currently owned by insiders.

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.