Taylor Frigon Capital Management LLC Raises Stock Holdings in BILL Holdings, Inc. $BILL

Key Points

• Taylor Frigon Capital Management LLC increased its stake in BILL Holdings, Inc. by **21.8%**, holding a total of **45,414 shares** valued at **$2.1 million**.
• BILL Holdings recently announced a **$300 million stock repurchase plan**, indicating that the board believes the stock is currently undervalued.
• BILL's **quarterly earnings** surpassed expectations with EPS of **$0.53**, while the company projects FY 2026 EPS guidance between **$2.00 and $2.20**.

Taylor Frigon Capital Management LLC boosted its stake in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) by 21.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,414 shares of the company's stock after buying an additional 8,131 shares during the quarter. Taylor Frigon Capital Management LLC's holdings in BILL were worth $2,101,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in BILL. Temasek Holdings Private Ltd increased its holdings in BILL by 36.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 3,719,895 shares of the company's stock valued at $170,706,000 after purchasing an additional 992,591 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of BILL by 23.6% in the first quarter. Ameriprise Financial Inc. now owns 2,490,921 shares of the company's stock valued at $114,308,000 after buying an additional 475,100 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of BILL by 110.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company's stock valued at $114,265,000 after buying an additional 1,309,337 shares during the period. Greenhouse Funds LLLP lifted its stake in BILL by 68.2% during the 1st quarter. Greenhouse Funds LLLP now owns 2,348,766 shares of the company's stock worth $107,785,000 after acquiring an additional 952,149 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in BILL by 133.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,038,609 shares of the company's stock worth $93,552,000 after acquiring an additional 1,165,398 shares in the last quarter. 97.99% of the stock is owned by hedge funds and other institutional investors.

BILL Stock Up 1.9%

BILL stock opened at $54.21 on Monday. The stock has a market cap of $5.51 billion, a PE ratio of -338.79, a P/E/G ratio of 15.36 and a beta of 1.37. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.58. The stock's fifty day moving average is $46.10 and its two-hundred day moving average is $45.35. 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 announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.12. BILL had a return on equity of 1.16% and a net margin of 1.63%.The firm had revenue of $383.35 million during the quarter, compared to the consensus estimate of $376.43 million. During the same period in the prior year, the company posted $0.57 earnings per share. The firm's quarterly revenue was up 11.5% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. On average, sell-side analysts expect that BILL Holdings, Inc. will post 0.12 EPS for the current fiscal year.

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on BILL. Deutsche Bank Aktiengesellschaft initiated coverage on shares of BILL in a research report on Thursday, July 17th. They set a "hold" rating and a $49.00 price target on the stock. Needham & Company LLC reiterated a "buy" rating and set a $75.00 target price on shares of BILL in a report on Thursday, August 28th. Piper Sandler downgraded shares of BILL from an "overweight" rating to a "neutral" rating and dropped their price target for the stock from $70.00 to $50.00 in a research note on Thursday, August 28th. Truist Financial upgraded BILL from a "hold" rating to a "buy" rating and increased their price objective for the company from $50.00 to $63.00 in a research note on Friday, September 19th. Finally, Oppenheimer reiterated an "outperform" rating and issued a $55.00 target price on shares of BILL in a report on Thursday, August 28th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $59.15.

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.

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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.