Korea Investment CORP Has $2.73 Million Stake in The Descartes Systems Group Inc. $DSGX

Korea Investment CORP lifted its stake in The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) by 47.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,944 shares of the technology company’s stock after purchasing an additional 9,343 shares during the quarter. Korea Investment CORP’s holdings in The Descartes Systems Group were worth $2,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Mather Group LLC. acquired a new position in The Descartes Systems Group in the 3rd quarter valued at approximately $28,000. SBI Securities Co. Ltd. boosted its stake in shares of The Descartes Systems Group by 77.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 570 shares of the technology company’s stock valued at $58,000 after buying an additional 248 shares during the period. Versant Capital Management Inc boosted its stake in shares of The Descartes Systems Group by 24.8% during the 3rd quarter. Versant Capital Management Inc now owns 660 shares of the technology company’s stock valued at $62,000 after buying an additional 131 shares during the period. Employees Retirement System of Texas purchased a new position in shares of The Descartes Systems Group during the 2nd quarter valued at $68,000. Finally, GAMMA Investing LLC increased its stake in shares of The Descartes Systems Group by 42.1% in the third quarter. GAMMA Investing LLC now owns 884 shares of the technology company’s stock worth $83,000 after acquiring an additional 262 shares during the last quarter. 77.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on DSGX. Raymond James Financial upgraded The Descartes Systems Group from a “market perform” rating to an “outperform” rating and set a $118.00 price objective for the company in a report on Thursday, December 4th. Royal Bank Of Canada set a $126.00 target price on The Descartes Systems Group and gave the stock an “outperform” rating in a research report on Monday, December 1st. BMO Capital Markets cut their price target on The Descartes Systems Group from $95.00 to $82.00 and set a “market perform” rating for the company in a research note on Thursday. Scotiabank lowered their price target on The Descartes Systems Group from $115.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Finally, TD Securities upgraded The Descartes Systems Group to a “strong-buy” rating in a report on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $108.64.

The Descartes Systems Group Price Performance

The Descartes Systems Group stock opened at $71.98 on Friday. The company has a market capitalization of $6.19 billion, a price-to-earnings ratio of 38.70 and a beta of 0.77. The Descartes Systems Group Inc. has a one year low of $62.56 and a one year high of $117.35. The company’s fifty day moving average price is $74.53 and its two-hundred day moving average price is $86.37.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last announced its quarterly earnings results on Wednesday, March 11th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $192.37 million during the quarter, compared to analysts’ expectations of $188.09 million. The Descartes Systems Group had a return on equity of 10.91% and a net margin of 22.47%.The business’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 earnings per share. As a group, sell-side analysts anticipate that The Descartes Systems Group Inc. will post 1.64 earnings per share for the current year.

Key Stories Impacting The Descartes Systems Group

Here are the key news stories impacting The Descartes Systems Group this week:

• Positive Sentiment: Q4 results beat expectations — Descartes reported $0.52 EPS vs. $0.50 consensus and revenue of $192.4M (+15.1% YoY) vs. $188.1M expected; management also released the press release, slide deck and call transcript. This is the primary driver of the stock move today. Descartes Announces Fiscal 2026 Fourth Quarter and Annual Financial Results
• Positive Sentiment: Several analysts retained bullish ratings with meaningful upside estimates despite trimming targets — Morgan Stanley left an “overweight” rating with a $100 PT (~39% upside) and Canaccord kept a “buy” with a $92 PT (~27% upside). Those maintained positive endorsements support further upside. Morgan Stanley note Canaccord note
• Neutral Sentiment: Company provided earnings call highlights and investor materials (slides, transcript) — useful for confirming guidance and product/CRM traction but not new headline news. Earnings call highlights
• Negative Sentiment: Analyst price‑target cuts could limit near‑term upside — BMO cut its PT to $82 and moved to “market perform”, and Barclays trimmed to $89 while remaining overweight; multiple downward revisions signal more conservative near‑term estimates even though most PTs remain above the current price. BMO/Barclays notes

The Descartes Systems Group Company Profile

The Descartes Systems Group Inc (NASDAQ: DSGX) is a global provider of cloud-based logistics and supply chain management solutions. The company’s software-as-a-service platform connects and optimizes the flow of goods, information and payments across the global supply chain, helping businesses coordinate transportation, customs clearance, routing, scheduling and fleet management. Descartes’ modular applications serve shippers, carriers, third-party logistics providers and regulatory authorities by enabling real-time visibility, compliance and execution across complex trade networks.

Headquartered in Waterloo, Ontario, Descartes was founded in 1981 and has grown through a combination of organic development and strategic acquisitions.