Hsbc Holdings PLC Acquires New Shares in BILL Holdings, Inc. $BILL

Hsbc Holdings PLC bought a new position in BILL Holdings, Inc. (NYSE:BILL) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 198,383 shares of the company’s stock, valued at approximately $10,892,000.

Several other hedge funds have also recently modified their holdings of BILL. Aster Capital Management DIFC Ltd purchased a new stake in shares of BILL during the fourth quarter valued at $28,000. Caitong International Asset Management Co. Ltd raised its position in BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after buying an additional 486 shares during the last quarter. CWM LLC lifted its stake in BILL by 1,000.0% during the 4th quarter. CWM LLC now owns 803 shares of the company’s stock valued at $44,000 after acquiring an additional 730 shares during the period. GAMMA Investing LLC lifted its stake in BILL by 27.2% during the 4th quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after acquiring an additional 266 shares during the period. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of BILL by 46.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after acquiring an additional 401 shares during the last quarter. Hedge funds and other institutional investors own 97.99% of the company’s stock.

More BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL named Jonathan Leaf as Chief Revenue Officer, a move aimed at accelerating growth and improving customer experience by consolidating revenue-related functions under one executive. BILL Names Jonathan Leaf as Chief Revenue Officer to Accelerate Growth and Elevate Customer Experience
• Neutral Sentiment: Broad national headlines about a bipartisan housing bill are not directly tied to BILL Holdings’ business, so they are unlikely to be a meaningful stock driver for the company. Congress passes the largest housing affordability bill in decades

BILL Price Performance

NYSE BILL opened at $33.32 on Friday. BILL Holdings, Inc. has a 52 week low of $31.41 and a 52 week high of $57.21. The firm has a market capitalization of $3.32 billion, a P/E ratio of -3,328.97, a PEG ratio of 1.17 and a beta of 1.20. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average price of $36.58 and a 200-day moving average price of $42.73.

BILL (NYSE:BILL) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.13. The company had revenue of $406.56 million for the quarter, compared to the consensus estimate of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. The firm’s revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.50 earnings per share. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. Equities research analysts anticipate that BILL Holdings, Inc. will post 0.95 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on BILL shares. Wall Street Zen upgraded shares of BILL from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Keefe, Bruyette & Woods increased their price objective on shares of BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group raised their target price on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Weiss Ratings raised shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. Finally, Oppenheimer set a $55.00 target price on shares of BILL and gave the company an “outperform” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, BILL has a consensus rating of “Moderate Buy” and a consensus price target of $55.19.

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.