Sculptor Capital LP Invests $918,000 in BILL Holdings, Inc. $BILL

Key Points

• Sculptor Capital LP has entered a new investment in BILL Holdings, Inc., acquiring 20,000 shares valued at approximately $918,000.
• BILL Holdings reported a quarterly earnings per share of $0.53, exceeding analysts' expectations of $0.41 and showing an 11.5% year-over-year revenue increase.
• The company has authorized a $300 million share buyback plan, indicating that its board believes the stock may be undervalued.

Sculptor Capital LP acquired a new stake in BILL Holdings, Inc. (NYSE:BILL - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,000 shares of the company's stock, valued at approximately $918,000.

A number of other institutional investors have also recently bought and sold shares of BILL. Stifel Financial Corp purchased a new stake in BILL in the fourth quarter valued at approximately $558,000. The Manufacturers Life Insurance Company grew its holdings in BILL by 100.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 120,256 shares of the company's stock valued at $10,187,000 after purchasing an additional 60,166 shares during the period. Northern Trust Corp grew its stake in BILL by 84.9% during the fourth quarter. Northern Trust Corp now owns 828,586 shares of the company's stock worth $70,190,000 after buying an additional 380,509 shares during the period. Comerica Bank grew its stake in BILL by 294.7% during the fourth quarter. Comerica Bank now owns 89,334 shares of the company's stock worth $7,567,000 after buying an additional 66,701 shares during the period. Finally, 3G Capital Partners LP purchased a new stake in BILL during the fourth quarter worth approximately $26,260,000. 97.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BILL. Robert W. Baird decreased their price objective on shares of BILL from $55.00 to $52.00 and set a "neutral" rating for the company in a research note on Friday, July 18th. Oppenheimer reiterated an "outperform" rating and set a $55.00 price objective on shares of BILL in a research note on Thursday, August 28th. Morgan Stanley downgraded shares of BILL from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $60.00 to $55.00 in a research note on Wednesday, June 11th. Mizuho decreased their price objective on shares of BILL from $50.00 to $43.00 and set a "neutral" rating for the company in a research note on Thursday, August 28th. Finally, Piper Sandler downgraded shares of BILL from an "overweight" rating to a "neutral" rating and decreased their price objective for the stock from $70.00 to $50.00 in a research note on Thursday, August 28th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, BILL has a consensus rating of "Hold" and a consensus price target of $59.50.

BILL Stock Down 1.3%

BILL traded down $0.63 during trading on Wednesday, hitting $46.10. The company had a trading volume of 3,921,515 shares, compared to its average volume of 2,806,343. The company has a market cap of $4.69 billion, a PE ratio of -288.13, a P/E/G ratio of 10.30 and a beta of 1.37. The business has a 50-day moving average of $44.28 and a 200-day moving average of $45.41. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.69. BILL Holdings, Inc. has a 1-year low of $36.55 and a 1-year high of $100.19.

BILL (NYSE:BILL - Get Free Report) last posted its quarterly 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 firm had revenue of $383.35 million for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, analysts forecast that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

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

Insider Transactions at BILL

In related news, insider Rajesh A. Aji sold 1,780 shares of the company's 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 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 4.20% of the stock is owned by corporate insiders.

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.