Hsbc Holdings PLC Takes Position in BILL Holdings, Inc. $BILL

Hsbc Holdings PLC bought a new stake in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 303,130 shares of the company's stock, valued at approximately $10,940,000. Hsbc Holdings PLC owned approximately 0.30% of BILL as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. ER Collective Holdings LLC bought a new position in BILL in the 4th quarter worth $464,588,000. Contour Asset Management LLC increased its position in shares of BILL by 45.5% during the fourth quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company's stock valued at $256,914,000 after buying an additional 1,472,132 shares during the period. Dimensional Fund Advisors LP raised its stake in BILL by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 3,090,741 shares of the company's stock worth $118,366,000 after buying an additional 126,427 shares in the last quarter. Marshall Wace LLP raised its stake in BILL by 36.5% in the fourth quarter. Marshall Wace LLP now owns 2,958,096 shares of the company's stock worth $161,335,000 after buying an additional 791,197 shares in the last quarter. Finally, Senvest Management LLC lifted its holdings in BILL by 155.8% in the fourth quarter. Senvest Management LLC now owns 2,573,261 shares of the company's stock worth $140,346,000 after buying an additional 1,567,186 shares during the period. Hedge funds and other institutional investors own 97.99% of the company's stock.

BILL News Summary

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

BILL Price Performance

Shares of BILL opened at $50.25 on Friday. BILL Holdings, Inc. has a fifty-two week low of $31.41 and a fifty-two week high of $57.21. The firm's 50-day simple moving average is $43.90 and its two-hundred day simple moving average is $40.93. The stock has a market cap of $4.29 billion, a PE ratio of -386.54, a price-to-earnings-growth ratio of 0.75 and a beta of 1.13. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.51 and a current ratio of 1.51.

BILL (NYSE:BILL - Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $436.19 million for the quarter, compared to the consensus estimate of $430.55 million. During the same quarter in the prior year, the business posted $0.53 EPS. The firm'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. Analysts anticipate that BILL Holdings, Inc. will post 2.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on BILL. Wolfe Research lifted their price objective on BILL from $57.00 to $60.00 and gave the company an "outperform" rating in a research report on Tuesday. Zacks Research upgraded BILL from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. The Goldman Sachs Group lifted their price target on BILL from $50.00 to $57.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. UBS Group upped their price target on BILL from $55.00 to $60.00 and gave the stock a "buy" rating in a research note on Thursday, August 20th. Finally, Truist Financial increased their price objective on BILL from $38.00 to $44.00 and gave the stock a "hold" rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $58.22.

BILL Company 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.

Want to see what other hedge funds are holding BILL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BILL Holdings, Inc. (NYSE:BILL - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source