WINTON GROUP Ltd Increases Holdings in BlackLine $BL

Key Points

• WINTON GROUP Ltd increased its stake in BlackLine by 634.9% in Q3, adding 90,049 shares to hold 104,232 shares (about 0.18% of the company) worth $5.535 million.
• Other institutions moved heavily into BL — Ensign Peak Advisors jumped 2,460% to 520,325 shares (~$29.46M) and Norges Bank opened a new ~$19.83M position — leaving roughly 95.13% of the stock held by hedge funds and institutional investors.
• BlackLine beat Q results (EPS $0.63 vs $0.58 expected; revenue $183.18M, +8.1% YoY), issued Q1 FY2026 EPS guidance of $0.440–0.460 and FY guidance of $2.370–2.480, while analysts show a consensus "Hold" rating with a $56 target.

WINTON GROUP Ltd boosted its stake in shares of BlackLine (NASDAQ:BL - Free Report) by 634.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 104,232 shares of the technology company's stock after purchasing an additional 90,049 shares during the period. WINTON GROUP Ltd owned approximately 0.18% of BlackLine worth $5,535,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in BL. Ensign Peak Advisors Inc raised its stake in shares of BlackLine by 2,460.0% during the 2nd quarter. Ensign Peak Advisors Inc now owns 520,325 shares of the technology company's stock worth $29,461,000 after buying an additional 500,000 shares during the period. Norges Bank acquired a new position in shares of BlackLine during the 2nd quarter valued at about $19,830,000. Select Equity Group L.P. grew its stake in shares of BlackLine by 112.9% in the 2nd quarter. Select Equity Group L.P. now owns 209,711 shares of the technology company's stock valued at $11,874,000 after buying an additional 111,205 shares during the period. Schwartz Investment Counsel Inc. increased its stake in BlackLine by 16.9% during the third quarter. Schwartz Investment Counsel Inc. now owns 690,000 shares of the technology company's stock worth $36,639,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Sone Capital Management LLC purchased a new stake in BlackLine in the 2nd quarter valued at about $5,511,000. 95.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Citizens Jmp reissued a "market outperform" rating and set a $70.00 target price on shares of BlackLine in a research note on Wednesday, February 11th. Weiss Ratings reissued a "hold (c)" rating on shares of BlackLine in a research report on Monday, December 29th. Morgan Stanley reissued an "overweight" rating and set a $68.00 target price on shares of BlackLine in a research report on Wednesday, February 11th. Piper Sandler upgraded shares of BlackLine to a "hold" rating in a research note on Monday, February 2nd. Finally, Rosenblatt Securities restated a "buy" rating and set a $62.00 target price on shares of BlackLine in a research report on Wednesday, February 11th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, BlackLine presently has an average rating of "Hold" and a consensus target price of $56.00.

BlackLine Price Performance

BL stock opened at $37.14 on Tuesday. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.47 and a current ratio of 1.47. The firm has a market cap of $2.21 billion, a P/E ratio of 92.85, a PEG ratio of 2.71 and a beta of 0.91. BlackLine has a 1 year low of $31.75 and a 1 year high of $59.57. The stock's 50 day moving average price is $45.80 and its 200 day moving average price is $51.59.

BlackLine (NASDAQ:BL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.05. The business had revenue of $183.18 million during the quarter, compared to the consensus estimate of $182.98 million. BlackLine had a return on equity of 18.14% and a net margin of 3.50%.The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.47 earnings per share. BlackLine has set its Q1 2026 guidance at 0.440-0.460 EPS and its FY 2026 guidance at 2.370-2.480 EPS. On average, sell-side analysts expect that BlackLine will post 0.9 earnings per share for the current fiscal year.

BlackLine Profile

BlackLine, Inc is a leading provider of cloud-based software solutions designed to automate and modernize the finance and accounting function. The company's flagship offering, the BlackLine Finance Controls and Automation Platform, enables organizations to streamline critical processes such as account reconciliations, journal entry management, intercompany accounting, and transaction matching. By delivering a centralized, real-time view of financial data, BlackLine helps companies improve operational efficiency, enhance compliance and strengthen internal controls.

Key products and services within the BlackLine platform include Account Reconciliation, Task Management, Transaction Matching, Journal Entry, and Intercompany Hub.

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