SEB Asset Management AB Makes New $22.58 Million Investment in Bentley Systems, Incorporated $BSY

Posted by Geri Gentry on Jul 20th, 2026

SEB Asset Management AB acquired a new position in shares of Bentley Systems, Incorporated (NASDAQ:BSY – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 642,977 shares of the company’s stock, valued at approximately $22,581,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Swedbank AB lifted its position in Bentley Systems by 4.8% in the first quarter. Swedbank AB now owns 9,000,000 shares of the company’s stock worth $316,080,000 after purchasing an additional 410,799 shares during the period. Pictet Asset Management Holding SA increased its holdings in Bentley Systems by 150.9% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,661,346 shares of the company’s stock valued at $163,703,000 after buying an additional 2,803,241 shares during the period. Geode Capital Management LLC raised its stake in shares of Bentley Systems by 6.6% in the 4th quarter. Geode Capital Management LLC now owns 3,468,512 shares of the company’s stock valued at $132,060,000 after buying an additional 216,257 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Bentley Systems by 8.9% in the 4th quarter. Bank of New York Mellon Corp now owns 3,185,756 shares of the company’s stock valued at $121,584,000 after buying an additional 259,780 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in shares of Bentley Systems by 36.2% during the 1st quarter. Bessemer Group Inc. now owns 2,600,241 shares of the company’s stock worth $91,320,000 after acquiring an additional 691,806 shares during the period. 44.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BSY has been the topic of several recent research reports. UBS Group decreased their target price on shares of Bentley Systems from $43.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. BNP Paribas Exane began coverage on shares of Bentley Systems in a research report on Thursday, June 18th. They issued an “outperform” rating and a $40.00 price target for the company. Piper Sandler upgraded shares of Bentley Systems from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $42.00 to $45.00 in a research note on Friday, May 8th. Zacks Research downgraded Bentley Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Bank of America initiated coverage on Bentley Systems in a research note on Tuesday, May 12th. They issued a “buy” rating and a $40.00 price objective on the stock. Nine investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $45.54.

Get Our Latest Research Report on BSY

Bentley Systems Price Performance

Shares of NASDAQ BSY opened at $32.34 on Monday. Bentley Systems, Incorporated has a 52-week low of $28.08 and a 52-week high of $59.25. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.51 and a current ratio of 0.51. The business has a fifty day moving average of $31.72 and a two-hundred day moving average of $34.44. The stock has a market cap of $9.45 billion, a PE ratio of 36.75, a PEG ratio of 2.08 and a beta of 1.00.

Bentley Systems (NASDAQ:BSY – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.02. The business had revenue of $424.18 million for the quarter, compared to analyst estimates of $419.80 million. Bentley Systems had a net margin of 18.12% and a return on equity of 28.65%. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.35 EPS. As a group, equities research analysts expect that Bentley Systems, Incorporated will post 1.2 earnings per share for the current fiscal year.

Bentley Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 2nd were paid a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $0.28 dividend on an annualized basis and a yield of 0.9%. Bentley Systems’s payout ratio is currently 31.82%.

Bentley Systems Profile

(Free Report)

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.