William Blair Investment Management LLC Invests $150.90 Million in Bentley Systems, Incorporated $BSY

William Blair Investment Management LLC bought a new stake in Bentley Systems, Incorporated (NASDAQ:BSY) in the third quarter, HoldingsChannel reports. The fund bought 2,931,296 shares of the company’s stock, valued at approximately $150,903,000.

Other institutional investors also recently added to or reduced their stakes in the company. National Pension Service purchased a new stake in Bentley Systems in the third quarter valued at approximately $28,000. Baillie Gifford & Co. acquired a new position in shares of Bentley Systems in the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. raised its position in Bentley Systems by 1,529.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock valued at $26,000 after purchasing an additional 627 shares during the last quarter. Allworth Financial LP boosted 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 purchasing an additional 192 shares during the period. Finally, Assetmark Inc. grew its position 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 purchasing an additional 635 shares during the last quarter. Institutional investors and hedge funds own 44.16% of the company’s stock.

Wall Street Analysts Forecast Growth

BSY has been the subject of a number of research reports. Mizuho reduced their target price on shares of Bentley Systems from $62.00 to $50.00 and set an “outperform” rating for the company in a report on Friday. BMO Capital Markets assumed coverage on Bentley Systems in a research report on Thursday, January 22nd. They set an “outperform” rating and a $48.00 price objective for the company. JPMorgan Chase & Co. dropped their target price on Bentley Systems from $56.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Bentley Systems in a research note on Wednesday, January 21st. Finally, Robert W. Baird set a $55.00 price target on Bentley Systems in a report on Wednesday, January 7th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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 Stock Performance

NASDAQ BSY opened at $36.55 on Friday. The stock has a market capitalization of $10.67 billion, a price-to-earnings ratio of 42.50, a PEG ratio of 2.53 and a beta of 1.21. The business’s 50 day moving average is $36.70 and its two-hundred day moving average is $44.66. Bentley Systems, Incorporated has a 12-month low of $30.97 and a 12-month high of $59.25. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.04.

Bentley Systems (NASDAQ:BSY) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. The firm 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%.Bentley Systems’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.21 earnings per share. Research analysts expect that Bentley Systems, Incorporated will post 0.88 EPS for the current year.

Bentley Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Tuesday, March 10th will be paid 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 (DPR) is 32.56%.

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.