WoodTrust Financial Corp Acquires 25,055 Shares of BILL Holdings, Inc. $BILL

Key Points

• WoodTrust Financial Corp increased its stake in BILL Holdings, Inc. by 140.0%, acquiring an additional 25,055 shares, raising its total holdings to 42,955 shares valued at approximately $1.99 million.
• BILL Holdings reported earnings of $0.53 per share, surpassing analysts' estimates, with a revenue of $383.35 million for the quarter, marking an 11.5% year-over-year growth.
• The company initiated a stock buyback program allowing for the repurchase of up to $300 million of its shares, indicating the board's belief that the stock is undervalued.

WoodTrust Financial Corp boosted its holdings in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) by 140.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,955 shares of the company's stock after buying an additional 25,055 shares during the quarter. WoodTrust Financial Corp's holdings in BILL were worth $1,987,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Fifth Third Bancorp grew its position in BILL by 134.1% during the first quarter. Fifth Third Bancorp now owns 749 shares of the company's stock valued at $34,000 after buying an additional 429 shares during the period. Quarry LP boosted its position in shares of BILL by 85.9% in the first quarter. Quarry LP now owns 766 shares of the company's stock worth $35,000 after purchasing an additional 354 shares during the period. Brooklyn Investment Group boosted its position in shares of BILL by 73.6% in the first quarter. Brooklyn Investment Group now owns 889 shares of the company's stock worth $41,000 after purchasing an additional 377 shares during the period. Farther Finance Advisors LLC boosted its position in shares of BILL by 2,189.1% in the first quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company's stock worth $48,000 after purchasing an additional 1,007 shares during the period. Finally, UMB Bank n.a. boosted its position in shares of BILL by 283.3% in the second quarter. UMB Bank n.a. now owns 1,215 shares of the company's stock worth $56,000 after purchasing an additional 898 shares during the period. 97.99% of the stock is currently owned by institutional investors.

BILL Price Performance

BILL stock opened at $52.83 on Wednesday. The company has a market cap of $5.37 billion, a price-to-earnings ratio of -330.15, a PEG ratio of 14.24 and a beta of 1.42. The firm's fifty day moving average is $47.21 and its 200 day moving average is $45.67. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38. BILL Holdings, Inc. has a 52-week low of $36.55 and a 52-week high of $100.19.

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, beating analysts' consensus estimates of $0.41 by $0.12. The company had revenue of $383.35 million for the quarter, compared to the consensus estimate of $376.43 million. BILL had a net margin of 1.63% and a return on equity of 1.16%. BILL's revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. Sell-side analysts forecast that BILL Holdings, Inc. will post 0.12 EPS for the current fiscal year.

BILL declared that its Board of Directors has initiated a stock buyback program on Wednesday, August 27th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 7.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Analysts Set New Price Targets

BILL has been the subject of a number of recent analyst reports. Mizuho dropped their price target on shares of BILL from $50.00 to $43.00 and set a "neutral" rating for the company in a research report on Thursday, August 28th. Canaccord Genuity Group reiterated a "buy" rating and issued a $75.00 price target on shares of BILL in a research report on Thursday, August 28th. Piper Sandler lowered 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 report on Thursday, August 28th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of BILL in a research report on Thursday, July 17th. They issued a "hold" rating and a $49.00 price target for the company. Finally, Oppenheimer restated an "outperform" rating and set a $55.00 target price on shares of BILL in a research report on Thursday, August 28th. Eleven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $59.65.

About BILL

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.

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.