Blair William & Co. IL Raises Stake in BILL Holdings, Inc. $BILL

Key Points

• Blair William & Co. IL increased its stake in BILL Holdings, Inc. by 48.6%, owning 294,573 shares worth approximately $13.6 million after acquiring additional shares during the second quarter.
• BILL Holdings, Inc. reported quarterly earnings of $0.53 per share, exceeding expectations and showing an 11.5% revenue increase from the previous year, with total revenue of $383.35 million.
• The company's Board of Directors has authorized a $300 million stock repurchase plan, which allows for the buyback of up to 7.2% of its shares, indicating management believes the stock is undervalued.

Blair William & Co. IL boosted its holdings in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) by 48.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 294,573 shares of the company's stock after acquiring an additional 96,279 shares during the period. Blair William & Co. IL owned 0.29% of BILL worth $13,627,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Taylor Frigon Capital Management LLC raised its holdings in BILL by 21.8% in the second quarter. Taylor Frigon Capital Management LLC now owns 45,414 shares of the company's stock worth $2,101,000 after buying an additional 8,131 shares during the last quarter. Acadian Asset Management LLC raised its holdings in BILL by 230.4% in the first quarter. Acadian Asset Management LLC now owns 38,237 shares of the company's stock worth $1,754,000 after buying an additional 26,664 shares during the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in BILL in the first quarter worth about $1,207,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in BILL by 3,947.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,098 shares of the company's stock worth $693,000 after buying an additional 14,725 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in BILL in the first quarter worth about $570,000. 97.99% of the stock is owned by hedge funds and other institutional investors.

BILL Stock Performance

Shares of NYSE BILL opened at $49.44 on Friday. The firm has a 50 day moving average of $47.66 and a 200 day moving average of $45.71. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $5.02 billion, a price-to-earnings ratio of -308.98, a price-to-earnings-growth ratio of 13.63 and a beta of 1.42. BILL Holdings, Inc. has a 12-month low of $36.55 and a 12-month high of $100.19.

BILL (NYSE:BILL - Get Free Report) last announced its earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.12. The company had revenue of $383.35 million during the quarter, compared to analyst estimates of $376.43 million. BILL had a net margin of 1.63% and a return on equity of 1.16%. The firm's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the business posted $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, research analysts anticipate that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

BILL announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, August 27th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the company to purchase up to 7.2% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $75.00 target price on shares of BILL in a report on Thursday, August 28th. Oppenheimer reaffirmed an "outperform" rating and issued a $55.00 target price on shares of BILL in a report on Thursday, August 28th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of BILL in a research note on Thursday, July 17th. They issued a "hold" rating and a $49.00 price target for the company. Keefe, Bruyette & Woods lifted their price target on shares of BILL from $46.00 to $56.00 and gave the stock a "market perform" rating in a research note on Wednesday, October 1st. Finally, Piper Sandler lowered shares of BILL from an "overweight" rating to a "neutral" rating and reduced their price target for the stock from $70.00 to $50.00 in a research note on Thursday, August 28th. Eleven analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $59.65.

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.

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