Palogic Value Management L.P. Takes Position in BILL Holdings, Inc. $BILL

Key Points

• Palogic Value Management bought a new 30,023-share position in BILL Holdings during the second quarter, valued at approximately $1.09 million. Institutional investors collectively own 97.99% of the company.
• BILL reported quarterly EPS of $0.84, beating estimates of $0.71, while revenue rose 13.8% year over year to $436.19 million. The company issued fiscal 2027 EPS guidance of $3.56–$3.79.
• Analyst sentiment remains mixed but leans positive: 12 analysts rate BILL a Buy, 10 rate it Hold, and one rates it Sell. The consensus rating is Hold, with an average price target of $57.05 versus the reported share price of $48.15.

Palogic Value Management L.P. bought a new position in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 30,023 shares of the company's stock, valued at approximately $1,086,000.

Other institutional investors have also recently made changes to their positions in the company. ER Collective Holdings LLC bought a new stake in BILL during the fourth quarter valued at $464,588,000. Contour Asset Management LLC lifted its stake in shares of BILL by 45.5% in the 4th quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company's stock valued at $256,914,000 after purchasing an additional 1,472,132 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of BILL by 4.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,090,741 shares of the company's stock valued at $118,366,000 after purchasing an additional 126,427 shares during the period. Marshall Wace LLP boosted its position in shares of BILL by 36.5% during the 4th quarter. Marshall Wace LLP now owns 2,958,096 shares of the company's stock valued at $161,335,000 after purchasing an additional 791,197 shares in the last quarter. Finally, Senvest Management LLC boosted its position in shares of BILL by 155.8% during the 4th quarter. Senvest Management LLC now owns 2,573,261 shares of the company's stock valued at $140,346,000 after purchasing an additional 1,567,186 shares in the last quarter. Institutional investors own 97.99% of the company's stock.

BILL Stock Up 0.9%

BILL opened at $48.15 on Thursday. BILL Holdings, Inc. has a fifty-two week low of $31.41 and a fifty-two week high of $57.21. The firm has a market capitalization of $4.11 billion, a P/E ratio of -370.38, a PEG ratio of 1.02 and a beta of 1.13. The company's 50-day moving average is $43.21 and its 200 day moving average is $40.87. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.51 and a quick ratio of 1.51.

BILL (NYSE:BILL - Get Free Report) last released its earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $430.55 million. During the same period in the prior year, the company posted $0.53 earnings per share. BILL's quarterly revenue was up 13.8% on a year-over-year basis. 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 expect that BILL Holdings, Inc. will post 1.56 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Truist Financial raised their price objective on shares of BILL from $38.00 to $44.00 and gave the stock a "hold" rating in a research report on Friday, July 24th. Jefferies Financial Group raised their price target on shares of BILL from $50.00 to $56.00 and gave the stock a "buy" rating in a report on Thursday, August 20th. Keefe, Bruyette & Woods upped their price objective on shares of BILL from $46.00 to $54.00 and gave the company a "market perform" rating in a report on Thursday, August 20th. TD Cowen began coverage on shares of BILL in a research report on Monday, June 22nd. They set a "buy" rating and a $43.00 price objective on the stock. Finally, UBS Group raised their target price on BILL from $55.00 to $60.00 and gave the company a "buy" rating in a research note on Thursday, August 20th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $57.05.

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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