BILL Holdings, Inc. $BILL is Contour Asset Management LLC’s 4th Largest Position

Contour Asset Management LLC boosted its position in BILL Holdings, Inc. (NYSE:BILL) by 45.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,710,570 shares of the company’s stock after purchasing an additional 1,472,132 shares during the period. BILL comprises 6.0% of Contour Asset Management LLC’s investment portfolio, making the stock its 4th biggest position. Contour Asset Management LLC owned approximately 4.76% of BILL worth $256,914,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in BILL by 3.5% during the third quarter. Vanguard Group Inc. now owns 10,843,612 shares of the company’s stock worth $574,386,000 after buying an additional 371,265 shares in the last quarter. WINTON GROUP Ltd purchased a new position in BILL during the third quarter worth $7,298,000. Barington Companies Management LLC purchased a new position in BILL during the third quarter worth $3,443,000. Assenagon Asset Management S.A. increased its position in BILL by 1,237.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 643,045 shares of the company’s stock worth $35,072,000 after buying an additional 594,974 shares in the last quarter. Finally, Pier Capital LLC purchased a new position in BILL during the fourth quarter worth $5,064,000. 97.99% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: No direct positive company-specific developments were reported in the latest articles.
• Neutral Sentiment: One article discussed a Zacks screen highlighting computer and technology stocks with potential earnings upside, but BILL was not named specifically and the piece does not appear to be a direct driver of the stock.
• Negative Sentiment: The broader mix of headlines is centered on legislation, housing, and sports-related bills, which do not materially affect BILL’s payment software business and may reflect a lack of fresh company-specific buying interest.

BILL Price Performance

BILL stock opened at $32.14 on Thursday. BILL Holdings, Inc. has a 52-week low of $31.52 and a 52-week high of $57.21. The stock’s fifty day simple moving average is $37.08 and its 200-day simple moving average is $43.53. 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 stock has a market capitalization of $3.20 billion, a price-to-earnings ratio of -3,211.09, a price-to-earnings-growth ratio of 1.18 and a beta of 1.20.

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 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 for the quarter, compared to analysts’ expectations of $403.76 million. During the same quarter last year, the firm earned $0.50 earnings per share. The business’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. Equities research analysts expect that BILL Holdings, Inc. will post 0.95 EPS for the current year.

Analysts Set New Price Targets

BILL has been the subject of several recent research reports. Weiss Ratings raised BILL from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. The Goldman Sachs Group raised their price target on BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Oppenheimer set a $55.00 price target on BILL and gave the stock an “outperform” rating in a research report on Friday, May 8th. BMO Capital Markets raised their price target on BILL from $43.00 to $46.00 and gave the stock a “market perform” rating in a research report on Friday, May 8th. Finally, Robert W. Baird raised their price target on BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.