Senator Investment Group LP Makes New Investment in BILL Holdings, Inc. $BILL

Senator Investment Group LP bought a new position in shares of BILL Holdings, Inc. (NYSE:BILL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 693,379 shares of the company’s stock, valued at approximately $37,817,000. BILL accounts for 1.5% of Senator Investment Group LP’s investment portfolio, making the stock its 23rd biggest position. Senator Investment Group LP owned about 0.70% of BILL at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in BILL. Caitong International Asset Management Co. Ltd boosted its position in BILL by 972.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after purchasing an additional 486 shares during the period. CWM LLC lifted its holdings in shares of BILL by 1,000.0% during the fourth quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after buying an additional 730 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of BILL by 27.2% during the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock worth $68,000 after buying an additional 266 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of BILL by 46.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock worth $69,000 after buying an additional 401 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of BILL during the fourth quarter worth approximately $70,000. Institutional investors own 97.99% of the company’s stock.

BILL Stock Performance

Shares of NYSE BILL opened at $33.48 on Tuesday. The business has a fifty day simple moving average of $37.31 and a 200 day simple moving average of $43.76. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of -3,344.66, a PEG ratio of 1.16 and a beta of 1.20. BILL Holdings, Inc. has a one year low of $31.52 and a one year high of $57.21.

BILL (NYSE:BILL) last issued its earnings results on Thursday, May 7th. The company reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13. BILL had a return on equity of 2.40% and a net margin of 0.01%.The business had revenue of $406.56 million during the quarter, compared to analyst estimates of $403.76 million. During the same period in the prior year, the company posted $0.50 earnings per share. BILL’s revenue was up 13.5% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. Sell-side analysts expect that BILL Holdings, Inc. will post 0.95 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on BILL shares. Morgan Stanley set a $55.00 price target on BILL in a report on Friday, May 8th. Weiss Ratings upgraded BILL from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. Keefe, Bruyette & Woods upped their price target on BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a report on Tuesday, May 12th. BMO Capital Markets upped their price target on BILL from $43.00 to $46.00 and gave the stock a “market perform” rating in a report on Friday, May 8th. Finally, Robert W. Baird upped their price target on BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BILL has an average rating of “Moderate Buy” and an average price target of $55.80.

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. It also offers onboarding implementation support, and ongoing support and training services.