Mangrove Partners IM LLC Has $35.74 Million Position in BILL Holdings, Inc. $BILL

Mangrove Partners IM LLC boosted its stake in shares of BILL Holdings, Inc. (NYSE:BILL) by 11.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 655,369 shares of the company’s stock after buying an additional 67,355 shares during the quarter. BILL makes up approximately 2.9% of Mangrove Partners IM LLC’s portfolio, making the stock its 12th biggest position. Mangrove Partners IM LLC owned 0.66% of BILL worth $35,744,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. UMB Bank n.a. lifted its holdings in BILL by 21.8% during the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after buying an additional 239 shares during the period. GAMMA Investing LLC lifted its holdings in BILL by 27.2% during the 4th 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 period. Thrivent Financial for Lutherans lifted its holdings in BILL by 1.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after buying an additional 327 shares during the period. SBI Securities Co. Ltd. lifted its holdings in BILL by 46.3% during the 4th 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 period. Finally, Public Employees Retirement System of Ohio lifted its holdings in BILL by 1.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 29,099 shares of the company’s stock worth $1,541,000 after buying an additional 484 shares during the period. 97.99% of the stock is owned by institutional investors and hedge funds.

BILL Stock Up 0.5%

BILL stock opened at $33.72 on Wednesday. The stock’s 50 day simple moving average is $37.21 and its 200 day simple moving average is $43.65. BILL Holdings, Inc. has a fifty-two week low of $31.52 and a fifty-two week high of $57.21. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market cap of $3.36 billion, a P/E ratio of -3,368.33, a price-to-earnings-growth ratio of 1.18 and a beta of 1.20.

BILL (NYSE:BILL) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $403.76 million. During the same period in the prior year, the business earned $0.50 EPS. The firm’s revenue for the quarter 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. On average, research analysts expect that BILL Holdings, Inc. will post 0.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on the company. Truist Financial downgraded BILL from a “buy” rating to a “hold” rating and cut their target price for the stock from $45.00 to $35.00 in a report on Wednesday, June 10th. Robert W. Baird boosted their price objective on BILL from $50.00 to $54.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. dropped their price objective on BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, June 5th. The Goldman Sachs Group boosted their price objective on BILL from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Finally, Keefe, Bruyette & Woods boosted their price objective on BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th. One 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 issued a Sell rating to the stock. Based on data from MarketBeat, BILL has a consensus rating of “Moderate Buy” and an average target price of $55.80.

BILL Company 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.