Dimensional Fund Advisors LP Sells 61,703 Shares of BILL Holdings, Inc. $BILL

Key Points

• Dimensional Fund Advisors trimmed its stake by 61,703 shares in Q3 (a 1.8% reduction), leaving it with 3,349,091 shares — about 3.34% of BILL worth ~$177.4 million.
• BILL beat the latest quarter's estimates with $0.64 EPS vs. $0.56 expected and revenue of $414.7M (+14.4%), but the company still shows a negative net margin and a negative P/E while issuing FY2026 guidance of $2.33–$2.41.
• Analysts hold a consensus "Hold" rating with a $56.95 target (13 Buys / 10 Holds / 2 Sells) and institutional ownership is very high (~97.99%), with several large funds materially changing positions recently.

Dimensional Fund Advisors LP decreased its holdings in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,349,091 shares of the company's stock after selling 61,703 shares during the period. Dimensional Fund Advisors LP owned approximately 3.34% of BILL worth $177,415,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Nomura Holdings Inc. boosted its position in shares of BILL by 7,753.6% in the 2nd quarter. Nomura Holdings Inc. now owns 1,486,762 shares of the company's stock worth $68,778,000 after purchasing an additional 1,467,831 shares during the last quarter. Norges Bank bought a new stake in BILL in the second quarter valued at about $52,908,000. Senvest Management LLC lifted its stake in BILL by 96.2% in the second quarter. Senvest Management LLC now owns 1,827,889 shares of the company's stock valued at $84,558,000 after buying an additional 896,393 shares during the period. Federated Hermes Inc. lifted its stake in BILL by 96.3% in the second quarter. Federated Hermes Inc. now owns 1,303,473 shares of the company's stock valued at $60,299,000 after buying an additional 639,502 shares during the period. Finally, Parnassus Investments LLC boosted its holdings in BILL by 191.5% during the third quarter. Parnassus Investments LLC now owns 905,585 shares of the company's stock worth $47,969,000 after buying an additional 594,939 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on BILL. Evercore set a $42.00 target price on BILL in a research report on Friday, February 6th. Wall Street Zen raised shares of BILL from a "hold" rating to a "buy" rating in a research note on Monday, March 2nd. Keefe, Bruyette & Woods decreased their price objective on shares of BILL from $60.00 to $49.00 and set a "market perform" rating for the company in a report on Friday, February 6th. BMO Capital Markets lowered their target price on shares of BILL from $50.00 to $46.00 and set a "market perform" rating for the company in a research note on Friday, February 6th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $75.00 target price on shares of BILL in a report on Friday, February 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $56.95.

BILL News Summary

Here are the key news stories impacting BILL this week:

• Neutral Sentiment: Analysts have a consensus "Hold" on BILL, indicating lukewarm professional sentiment that can limit upside momentum even after recent beats; this rating was reported by American Banking News. BILL Holdings, Inc. NYSE: BILL Receives Consensus Rating of "Hold" from Analysts
• Neutral Sentiment: A U.S. crypto bill hit a new impasse in Congress, raising doubts about the regulatory path for crypto businesses and related fintech services; regulatory uncertainty can weigh on fintech valuations and potential partnerships or product expansion for payments vendors. Crypto bill hits new impasse, raising doubts over its future
• Neutral Sentiment: State-level AI and industry-protection bills (for example, a New York bill aimed at protecting lawyers from AI competition) highlight rising regulatory scrutiny around AI and professional services—an evolving policy backdrop that could influence adoption timelines for automation tools in some customer segments. This Bill in New York State Would Protect Lawyers From AI Competition

BILL Stock Performance

NYSE:BILL opened at $45.13 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.65 and a quick ratio of 1.65. The business's 50-day simple moving average is $47.28 and its 200-day simple moving average is $49.46. BILL Holdings, Inc. has a fifty-two week low of $35.46 and a fifty-two week high of $57.21. The stock has a market capitalization of $4.47 billion, a PE ratio of -188.04, a price-to-earnings-growth ratio of 5.30 and a beta of 1.25.

BILL (NYSE:BILL - Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.08. The business had revenue of $414.67 million during the quarter, compared to analysts' expectations of $399.71 million. BILL had a positive return on equity of 1.70% and a negative net margin of 1.56%.BILL's revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.56 EPS. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. Sell-side analysts expect that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal 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.

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