Voya Investment Management LLC Grows Position in BILL Holdings, Inc. $BILL

Key Points

• Voya Investment Management LLC has increased its holdings in BILL Holdings, Inc. by 29.7%, now owning approximately 58,463 shares valued at $2.68 million.
• Several institutional investors have also significantly increased their positions in BILL, with Temasek Holdings and UBS AM notably raising their stakes by 36.4% and 133.5%, respectively.
• BILL reported better-than-expected financial results for the last quarter, with an earnings per share (EPS) of $0.53, exceeding analyst estimates and projecting future EPS guidance of 0.490-0.520 for Q1 2026.

Voya Investment Management LLC boosted its stake in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) by 29.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,463 shares of the company's stock after acquiring an additional 13,375 shares during the quarter. Voya Investment Management LLC owned 0.06% of BILL worth $2,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp boosted its holdings in BILL by 134.1% during the 1st quarter. Fifth Third Bancorp now owns 749 shares of the company's stock valued at $34,000 after acquiring an additional 429 shares during the period. Quarry LP boosted its holdings in BILL by 85.9% during the 1st quarter. Quarry LP now owns 766 shares of the company's stock valued at $35,000 after acquiring an additional 354 shares during the period. Brooklyn Investment Group boosted its holdings in BILL by 73.6% during the 1st quarter. Brooklyn Investment Group now owns 889 shares of the company's stock valued at $41,000 after acquiring an additional 377 shares during the period. Farther Finance Advisors LLC raised its position in BILL by 2,189.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company's stock valued at $48,000 after purchasing an additional 1,007 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in BILL by 303.9% during the 1st quarter. GAMMA Investing LLC now owns 1,236 shares of the company's stock valued at $57,000 after purchasing an additional 930 shares during the last quarter. 97.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BILL has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods lowered their price target on BILL from $54.00 to $46.00 and set a "market perform" rating for the company in a research report on Thursday, August 28th. Deutsche Bank Aktiengesellschaft initiated coverage on BILL in a research report on Thursday, July 17th. They set a "hold" rating and a $49.00 price target for the company. Morgan Stanley lowered BILL from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $60.00 to $55.00 in a research report on Wednesday, June 11th. Wolfe Research raised BILL from a "peer perform" rating to an "outperform" rating and set a $70.00 target price for the company in a research report on Thursday, September 11th. Finally, Mizuho decreased their target price on BILL from $50.00 to $43.00 and set a "neutral" rating for the company in a research report on Thursday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $59.15.

BILL Stock Performance

Shares of BILL stock traded up $0.65 on Tuesday, reaching $54.03. The stock had a trading volume of 1,492,238 shares, compared to its average volume of 2,917,001. The stock has a market cap of $5.49 billion, a P/E ratio of -337.64, a price-to-earnings-growth ratio of 14.99 and a beta of 1.37. BILL Holdings, Inc. has a 1 year low of $36.55 and a 1 year high of $100.19. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.58 and a current ratio of 1.58. The company has a 50 day simple moving average of $45.53 and a 200 day simple moving average of $45.10.

BILL (NYSE:BILL - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.12. The firm had revenue of $383.35 million for the quarter, compared to the consensus estimate of $376.43 million. BILL had a return on equity of 1.16% and a net margin of 1.63%.The company's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the business posted $0.57 EPS. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. Equities research analysts expect that BILL Holdings, Inc. will post 0.12 EPS for the current year.

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

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.