Handelsbanken Fonder AB Raises Stake in Bentley Systems, Incorporated $BSY

Handelsbanken Fonder AB grew its stake in shares of Bentley Systems, Incorporated (NASDAQ:BSY) by 12.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 701,900 shares of the company’s stock after buying an additional 80,000 shares during the period. Handelsbanken Fonder AB’s holdings in Bentley Systems were worth $36,134,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BSY. AGF Management Ltd. increased its position in shares of Bentley Systems by 64.2% in the third quarter. AGF Management Ltd. now owns 180,633 shares of the company’s stock worth $9,299,000 after purchasing an additional 70,650 shares during the last quarter. Manning & Napier Advisors LLC bought a new stake in Bentley Systems during the third quarter valued at approximately $122,028,000. Rakuten Investment Management Inc. purchased a new position in Bentley Systems in the 3rd quarter worth approximately $4,305,000. Pacer Advisors Inc. grew its stake in Bentley Systems by 90.8% in the 3rd quarter. Pacer Advisors Inc. now owns 676,740 shares of the company’s stock worth $34,839,000 after buying an additional 322,012 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Bentley Systems by 5.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 954,867 shares of the company’s stock worth $49,157,000 after buying an additional 51,883 shares during the last quarter. 44.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on BSY. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bentley Systems in a report on Wednesday, January 21st. JPMorgan Chase & Co. dropped their price target on Bentley Systems from $56.00 to $51.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Rosenblatt Securities cut their price objective on Bentley Systems from $58.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday. BMO Capital Markets began coverage on Bentley Systems in a research report on Thursday, January 22nd. They set an “outperform” rating and a $48.00 price objective on the stock. Finally, UBS Group dropped their target price on Bentley Systems from $60.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $49.83.

Bentley Systems Stock Down 1.3%

Shares of NASDAQ:BSY opened at $36.55 on Friday. The stock has a market capitalization of $10.67 billion, a P/E ratio of 42.50, a price-to-earnings-growth ratio of 2.56 and a beta of 1.21. The stock’s 50-day moving average price is $36.70 and its 200-day moving average price is $44.71. 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, Incorporated has a 12-month low of $30.97 and a 12-month high of $59.25.

Bentley Systems (NASDAQ:BSY) last issued its earnings results on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Bentley Systems had a return on equity of 29.05% and a net margin of 18.50%.The company had revenue of $391.58 million during the quarter, compared to analysts’ expectations of $381.79 million. During the same period in the prior year, the business posted $0.21 EPS. Bentley Systems’s quarterly revenue was up 11.9% compared to the same quarter last year. On average, equities analysts anticipate that Bentley Systems, Incorporated will post 0.88 earnings per share for the current year.

Bentley Systems Announces Dividend

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

More Bentley Systems News

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.