William Blair Investment Management LLC Makes New Investment in Bentley Systems, Incorporated $BSY

William Blair Investment Management LLC acquired a new stake in Bentley Systems, Incorporated (NASDAQ:BSY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,931,296 shares of the company’s stock, valued at approximately $150,903,000. William Blair Investment Management LLC owned approximately 1.00% of Bentley Systems at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BSY. National Pension Service purchased a new stake in Bentley Systems during the third quarter worth about $28,000. Baillie Gifford & Co. acquired a new position in shares of Bentley Systems in the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. grew its holdings in shares of Bentley Systems by 1,529.3% in the first quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock valued at $26,000 after purchasing an additional 627 shares in the last quarter. Allworth Financial LP increased its stake in Bentley Systems by 37.6% during the 2nd quarter. Allworth Financial LP now owns 702 shares of the company’s stock worth $38,000 after buying an additional 192 shares during the period. Finally, Assetmark Inc. lifted its holdings in Bentley Systems by 682.8% during the 2nd quarter. Assetmark Inc. now owns 728 shares of the company’s stock worth $39,000 after buying an additional 635 shares in the last quarter. 44.16% of the stock is currently owned by hedge funds and other institutional investors.

Bentley Systems Trading Down 1.3%

NASDAQ:BSY opened at $36.55 on Friday. Bentley Systems, Incorporated has a 1 year low of $30.97 and a 1 year high of $59.25. The stock has a market cap of $10.67 billion, a P/E ratio of 42.50, a P/E/G ratio of 2.53 and a beta of 1.21. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.61 and a current ratio of 0.61. The stock has a 50-day simple moving average of $36.70 and a 200-day simple moving average of $44.66.

Bentley Systems (NASDAQ:BSY) last issued its earnings results on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The business had revenue of $391.58 million for the quarter, compared to analyst estimates of $381.79 million. Bentley Systems had a return on equity of 29.05% and a net margin of 18.50%.The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the company earned $0.21 EPS. As a group, analysts anticipate that Bentley Systems, Incorporated will post 0.88 earnings per share for the current fiscal year.

Bentley Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Tuesday, March 10th will be issued a $0.07 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $0.28 annualized dividend and a dividend yield of 0.8%. Bentley Systems’s dividend payout ratio is presently 32.56%.

Analysts Set New Price Targets

Several equities analysts have commented on BSY shares. Royal Bank Of Canada dropped their price target on shares of Bentley Systems from $65.00 to $48.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Robert W. Baird set a $55.00 target price on Bentley Systems in a report on Wednesday, January 7th. Mizuho lowered their target price on Bentley Systems from $62.00 to $50.00 and set an “outperform” rating for the company in a research note on Friday. Oppenheimer reduced their price target on Bentley Systems from $53.00 to $43.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Piper Sandler cut their target price on shares of Bentley Systems from $63.00 to $60.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $49.83.

Key Stories Impacting Bentley Systems

Here are the key news stories impacting Bentley Systems this week:

• Positive Sentiment: Q4 outperformance and above‑consensus FY26 guide — Management reported stronger enterprise subscription mix and SMB penetration, 4Q25 EPS +28.6% YoY, and issued FY26 revenue guidance of ~$1.7B (≈12% constant‑currency growth), which underpins the bullish thesis on reaccelerating service revenue and upgrades. Article Title
• Positive Sentiment: Top‑line beat with margin strength — Q4 revenue of $391.6M topped consensus (~$381.8M); EPS matched estimates at $0.27 and revenue was up ~11.9% YoY, supporting the company’s growth narrative. Article Title
• Positive Sentiment: Board approved quarterly dividend — BSY declared a $0.07 quarterly dividend (yield ~0.8%), which may modestly support investor demand for the shares. (Ex‑dividend March 10)
• Neutral Sentiment: Conference materials and call available — Earnings call transcript and slide deck were published for deeper diligence; investors can review management remarks for cadence on enterprise upgrades and margin assumptions. Article Title
• Negative Sentiment: Analysts trimmed price targets — Several firms cut PTs after the print (Mizuho $62→$50, Oppenheimer $53→$43, Rosenblatt to $50). Ratings largely stayed as “outperform,” but lower PTs reduce upside expectations and can drive near‑term selling. Article Title Article Title
• Negative Sentiment: Elevated short interest — Short interest rose in February to ~17.7M shares (≈7.6% of float) with a ~4.7 days‑to‑cover figure, increasing downside pressure and volatility if bearish flows persist.

Bentley Systems Profile

Bentley Systems, Inc is a global software provider specializing in infrastructure engineering applications for the design, construction, and operations of roads, bridges, rail and transit systems, water and wastewater networks, power plants and grids, industrial facilities, and communications infrastructure. Founded in 1984 by brothers Keith and Barry Bentley, the company is headquartered in Exton, Pennsylvania, and maintains offices and development centers across North America, Europe, Asia, and Australia.