Van Hulzen Asset Management LLC Purchases Shares of 9,665 The Descartes Systems Group Inc. $DSGX

Van Hulzen Asset Management LLC acquired a new position in The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,665 shares of the technology company’s stock, valued at approximately $669,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Goldman Sachs Group Inc. lifted its stake in shares of The Descartes Systems Group by 35.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 377,140 shares of the technology company’s stock valued at $38,027,000 after purchasing an additional 98,054 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in The Descartes Systems Group by 1.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,618 shares of the technology company’s stock valued at $5,507,000 after buying an additional 660 shares during the period. Amundi increased its holdings in The Descartes Systems Group by 74.5% in the second quarter. Amundi now owns 82,319 shares of the technology company’s stock valued at $8,360,000 after buying an additional 35,132 shares in the last quarter. Federated Hermes Inc. increased its holdings in The Descartes Systems Group by 25.6% in the second quarter. Federated Hermes Inc. now owns 1,246 shares of the technology company’s stock valued at $127,000 after buying an additional 254 shares in the last quarter. Finally, AXA S.A. raised its position in shares of The Descartes Systems Group by 2.0% in the second quarter. AXA S.A. now owns 6,702 shares of the technology company’s stock worth $681,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 77.73% of the company’s stock.

Trending Headlines about The Descartes Systems Group

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

• Positive Sentiment: Descartes delivered record Q2FY27 revenue of $201.1 million, up 12% year over year, while service revenue rose 13% to $188.6 million. Income from operations increased 36% to $65.5 million, and net income rose 32% to $50.0 million. Descartes reports another record-breaking quarter
• Positive Sentiment: Diluted EPS was $0.57, up from $0.43 a year earlier. Adjusted EBITDA climbed 18% to $94.4 million, with the margin expanding to 47% from 45%, indicating improving operating leverage. Descartes Systems meets Q2 earnings estimates
• Positive Sentiment: Operating cash flow grew 28% to $81.3 million, and the company ended July with $401.1 million in cash. Descartes also repurchased approximately $24.3 million of stock during the quarter, supporting per-share value.
• Positive Sentiment: Recent acquisitions of Transportation Applied Intelligence Software and Extensiv, costing approximately $219.2 million combined, expand Descartes’ transportation-management, warehouse-management and fulfillment capabilities. Descartes Announces Fiscal 2027 Second Quarter Financial Results
• Neutral Sentiment: Although results were solid, the $0.57 EPS figure matched the consensus estimate instead of beating it. For a stock trading at a relatively elevated earnings multiple, investors may have been seeking stronger upside surprise or more detailed growth guidance.
• Negative Sentiment: The acquisition strategy creates execution and integration risks, while the use of cash for acquisitions and buybacks could limit flexibility if logistics demand weakens or global trade conditions deteriorate.
• Neutral Sentiment: A separate short-interest report showed zero shares sold short, providing no meaningful evidence of short-covering or bearish positioning; the data appears unreliable and is unlikely to explain the trading reaction.

The Descartes Systems Group Price Performance

NASDAQ DSGX opened at $71.32 on Friday. The company has a market cap of $6.10 billion, a PE ratio of 35.66 and a beta of 0.62. The stock’s 50 day simple moving average is $75.56 and its 200-day simple moving average is $72.52. The Descartes Systems Group Inc. has a 1-year low of $62.56 and a 1-year high of $107.52.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last issued its quarterly earnings results on Thursday, September 10th. The technology company reported $0.57 EPS for the quarter, hitting the consensus estimate of $0.57. The Descartes Systems Group had a return on equity of 11.17% and a net margin of 23.35%.The firm had revenue of $198.12 million during the quarter, compared to analysts’ expectations of $197.54 million. During the same period in the previous year, the business earned $0.43 earnings per share. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. On average, equities research analysts anticipate that The Descartes Systems Group Inc. will post 2.34 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on DSGX. National Bank Financial set a $95.00 target price on The Descartes Systems Group and gave the company an “outperform” rating in a research report on Monday, July 20th. Weiss Ratings raised The Descartes Systems Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 21st. Canadian Imperial Bank of Commerce increased their price target on The Descartes Systems Group from $116.00 to $118.00 and gave the stock an “outperformer” rating in a research report on Thursday, June 4th. Loop Capital reissued a “buy” rating and issued a $96.00 price objective on shares of The Descartes Systems Group in a report on Thursday, June 4th. Finally, Raymond James Financial cut their price objective on The Descartes Systems Group from $118.00 to $108.00 and set an “outperform” rating for the company in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $102.46.

The Descartes Systems Group Company Profile

The Descartes Systems Group Inc is a Canadian technology company that provides cloud-based logistics and supply chain management software. Its platform helps businesses manage the movement of goods, shipments, vehicles and trade-related information across complex supply chains.

The company’s offerings include transportation management, route planning and optimization, shipment tracking, telematics, freight matching, customs and regulatory compliance, logistics messaging, and electronic connectivity among shippers, carriers, brokers, manufacturers and other supply chain participants.