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

Mangrove Partners IM LLC increased its position in shares of BILL Holdings, Inc. (NYSE:BILL) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 655,369 shares of the company’s stock after buying an additional 67,355 shares during the quarter. BILL comprises about 2.9% of Mangrove Partners IM LLC’s portfolio, making the stock its 12th biggest position. Mangrove Partners IM LLC’s holdings in BILL were worth $35,744,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BILL. UMB Bank n.a. raised its stake in shares of BILL by 21.8% in the fourth quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after purchasing an additional 239 shares during the last quarter. GAMMA Investing LLC grew its holdings in 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 in the last quarter. Thrivent Financial for Lutherans raised its position in BILL by 1.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after buying an additional 327 shares during the last quarter. SBI Securities Co. Ltd. raised its position in BILL by 46.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after buying an additional 401 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake 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 valued at $1,541,000 after acquiring an additional 484 shares in the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BILL. Truist Financial downgraded shares of BILL from a “buy” rating to a “hold” rating and cut their price objective for the stock from $45.00 to $35.00 in a report on Wednesday, June 10th. Oppenheimer set a $55.00 price target on shares of BILL and gave the stock an “outperform” rating in a report on Friday, May 8th. Weiss Ratings raised shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. Zacks Research upgraded shares of BILL from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Finally, Wall Street Zen upgraded BILL from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $55.80.

BILL Price Performance

Shares of NYSE BILL opened at $33.72 on Wednesday. The stock has a fifty day simple moving average of $37.21 and a two-hundred day simple moving average of $43.65. BILL Holdings, Inc. has a 1-year low of $31.52 and a 1-year high of $57.21. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of -3,368.33, a price-to-earnings-growth ratio of 1.18 and a beta of 1.20. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate 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 earned $0.50 earnings per share. BILL’s revenue was up 13.5% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. Analysts anticipate that BILL Holdings, Inc. will post 0.95 earnings per share for the current year.

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.