Hsbc Holdings PLC bought a new position in BILL Holdings, Inc. (NYSE:BILL – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 303,130 shares of the company’s stock, valued at approximately $10,940,000.
Other institutional investors have also recently made changes to their positions in the company. Canada Pension Plan Investment Board bought a new stake in shares of BILL during the second quarter valued at approximately $14,894,000. Legal & General Group Plc purchased a new stake in BILL during the 2nd quarter valued at $3,987,000. The Manufacturers Life Insurance Company purchased a new stake in BILL during the 2nd quarter valued at $2,222,000. Algert Global LLC increased its holdings in shares of BILL by 113.8% in the 2nd quarter. Algert Global LLC now owns 385,264 shares of the company’s stock worth $13,931,000 after purchasing an additional 205,024 shares in the last quarter. Finally, Infrastructure Capital Advisors LLC bought a new stake in shares of BILL in the 2nd quarter worth $217,000. Hedge funds and other institutional investors own 97.99% of the company’s stock.
Trending Headlines about BILL
Here are the key news stories impacting BILL this week:
- Positive Sentiment: Rising earnings estimates: Zacks reported that recent estimate revisions could support further near-term strength in BILL shares, suggesting analysts are becoming more confident in the company’s earnings outlook. Can BILL Holdings (BILL) Run Higher on Rising Earnings Estimates?
- Positive Sentiment: Strong-buy upgrade: Zacks Research upgraded BILL from “hold” to “strong buy,” adding positive analyst momentum around the stock.
- Positive Sentiment: Solid quarterly performance and growth prospects: A Seeking Alpha analysis said BILL exceeded fiscal fourth-quarter 2026 revenue and EPS guidance and consensus, while showing meaningful improvement in operating profitability. The analysis also highlighted BILL’s proprietary financial data, 9-million-member network and developing AI capabilities as potential competitive advantages. Share repurchases have reduced the share count by roughly 15 million, and the contributor views the stock as undervalued, assigning an $86 price target. BILL Holdings: Good Progress, No Drama
- Neutral Sentiment: Analyst consensus remains cautious: A separate report said BILL has an average analyst recommendation of “hold,” indicating that the bullish Zacks upgrade has not yet translated into broad consensus optimism. BILL Holdings Receives Average Recommendation of Hold
BILL Trading Up 2.8%
BILL (NYSE:BILL – Get Free Report) last announced its earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.13. The business had revenue of $436.19 million during the quarter, compared to analyst estimates of $430.55 million. BILL had a negative net margin of 0.68% and a positive return on equity of 3.74%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. Research analysts forecast that BILL Holdings, Inc. will post 2.17 earnings per share for the current year.
Wall Street Analysts Forecast Growth
BILL has been the subject of several recent analyst reports. Keefe, Bruyette & Woods boosted their price target on BILL from $46.00 to $54.00 and gave the stock a “market perform” rating in a research note on Thursday, August 20th. Zacks Research raised BILL from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. The Goldman Sachs Group lifted their price objective on BILL from $50.00 to $57.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. UBS Group boosted their target price on BILL from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Finally, Wolfe Research upped their target price on shares of BILL from $57.00 to $60.00 and gave the company an “outperform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $58.22.
View Our Latest Analysis on BILL
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. It also offers onboarding implementation support, and ongoing support and training services.
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