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

Korea Investment CORP lifted its position in The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) by 47.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 28,944 shares of the technology company’s stock after purchasing an additional 9,343 shares during the period. 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.

Several other large investors have also modified their holdings of the company. Mackenzie Financial Corp grew its stake in The Descartes Systems Group by 2.1% in the 2nd quarter. Mackenzie Financial Corp now owns 3,944,757 shares of the technology company’s stock valued at $400,969,000 after buying an additional 80,309 shares during the last quarter. Vanguard Group Inc. lifted its position in The Descartes Systems Group by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 3,533,392 shares of the technology company’s stock worth $332,697,000 after acquiring an additional 111,492 shares during the last quarter. Fiera Capital Corp lifted its position in The Descartes Systems Group by 10.2% during the 3rd quarter. Fiera Capital Corp now owns 2,976,093 shares of the technology company’s stock worth $280,123,000 after acquiring an additional 276,329 shares during the last quarter. Franklin Resources Inc. boosted its holdings in The Descartes Systems Group by 7.0% during the second quarter. Franklin Resources Inc. now owns 1,837,266 shares of the technology company’s stock valued at $186,749,000 after acquiring an additional 120,137 shares during the period. Finally, Norges Bank bought a new stake in The Descartes Systems Group during the second quarter valued at about $117,678,000. 77.73% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DSGX has been the topic of a number of recent analyst reports. Canaccord Genuity Group dropped their price objective on The Descartes Systems Group from $110.00 to $92.00 and set a “buy” rating on the stock in a research note on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of The Descartes Systems Group in a research note on Monday, December 29th. BMO Capital Markets dropped their price target on The Descartes Systems Group from $95.00 to $82.00 and set a “market perform” rating on the stock in a research report on Thursday. Zacks Research upgraded The Descartes Systems Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 16th. Finally, Barclays reduced their price objective on The Descartes Systems Group from $90.00 to $89.00 and set an “overweight” rating for the company in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $108.64.

The Descartes Systems Group News Summary

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 Stock Performance

NASDAQ DSGX opened at $71.98 on Friday. The Descartes Systems Group Inc. has a twelve month low of $62.56 and a twelve month high of $117.35. The stock has a market cap of $6.19 billion, a PE ratio of 38.70 and a beta of 0.77. The firm has a 50-day simple moving average of $74.53 and a 200 day simple moving average of $86.37.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last issued its quarterly earnings results on Wednesday, March 11th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The firm had revenue of $192.37 million for the quarter, compared to analyst estimates of $188.09 million. The Descartes Systems Group had a return on equity of 10.91% and a net margin of 22.47%.The company’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.43 earnings per share. Research analysts forecast that The Descartes Systems Group Inc. will post 1.64 earnings per share for the current fiscal year.

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.