BILL (NYSE:BILL) Stock Rating Upgraded by KeyCorp

BILL (NYSE:BILL) was upgraded by research analysts at KeyCorp from a “sector weight” rating to an “overweight” rating in a research report issued on Wednesday, MarketBeat Ratings reports. The firm currently has a $115.00 target price on the stock. KeyCorp’s target price indicates a potential upside of 30.03% from the company’s previous close. KeyCorp also issued estimates for BILL’s Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at ($0.02) EPS and Q4 2026 earnings at $0.08 EPS.

Several other equities research analysts have also issued reports on the stock. BNP Paribas upgraded shares of BILL from a “neutral” rating to an “outperform” rating and set a $90.00 target price for the company in a report on Thursday, September 12th. Mizuho raised their price objective on shares of BILL from $64.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. JPMorgan Chase & Co. cut their target price on BILL from $80.00 to $60.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 20th. Robert W. Baird raised their price target on BILL from $74.00 to $100.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 3rd. Finally, Wells Fargo & Company cut their price objective on BILL from $60.00 to $45.00 and set an “underweight” rating on the stock in a research report on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $83.79.

BILL Stock Performance

NYSE:BILL opened at $88.44 on Wednesday. The firm has a market capitalization of $9.15 billion, a PE ratio of -268.00 and a beta of 1.72. The stock’s fifty day moving average is $76.43 and its 200 day moving average is $60.04. BILL has a fifty-two week low of $43.11 and a fifty-two week high of $97.86. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 1.53.

Insiders Place Their Bets

In other BILL news, Director Alison Wagonfeld sold 779 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $90.00, for a total value of $70,110.00. Following the completion of the transaction, the director now directly owns 259 shares in the company, valued at approximately $23,310. The trade was a 75.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Germaine Cota sold 1,525 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $77.99, for a total transaction of $118,934.75. Following the completion of the sale, the senior vice president now owns 5,348 shares in the company, valued at $417,090.52. This represents a 22.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,823 shares of company stock worth $218,887 over the last 90 days. Company insiders own 4.20% of the company’s stock.

Hedge Funds Weigh In On BILL

Large investors have recently made changes to their positions in the business. Brooklyn Investment Group acquired a new stake in shares of BILL in the 3rd quarter worth $28,000. Advisors Asset Management Inc. raised its stake in BILL by 30.8% in the third quarter. Advisors Asset Management Inc. now owns 1,101 shares of the company’s stock valued at $58,000 after buying an additional 259 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in BILL by 377.8% in the third quarter. Venturi Wealth Management LLC now owns 1,290 shares of the company’s stock worth $68,000 after acquiring an additional 1,020 shares in the last quarter. Covestor Ltd grew its stake in shares of BILL by 15.1% during the third quarter. Covestor Ltd now owns 1,897 shares of the company’s stock worth $100,000 after acquiring an additional 249 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of BILL by 1,167.5% during the third quarter. Blue Trust Inc. now owns 1,914 shares of the company’s stock valued at $101,000 after acquiring an additional 1,763 shares in the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

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.