Cumberland Partners Ltd Has $2.76 Million Stock Position in The Descartes Systems Group Inc. $DSGX

Posted by Stanley Muller on May 23rd, 2026

Cumberland Partners Ltd lowered its stake in The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) by 44.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 31,450 shares of the technology company’s stock after selling 24,709 shares during the period. Cumberland Partners Ltd’s holdings in The Descartes Systems Group were worth $2,762,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of DSGX. Quarry LP bought a new stake in The Descartes Systems Group in the 3rd quarter valued at about $27,000. Danske Bank A S bought a new stake in The Descartes Systems Group in the 3rd quarter valued at about $34,000. Measured Wealth Private Client Group LLC bought a new stake in The Descartes Systems Group in the 3rd quarter valued at about $40,000. Caitong International Asset Management Co. Ltd boosted its holdings in The Descartes Systems Group by 267.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the technology company’s stock valued at $52,000 after purchasing an additional 401 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in The Descartes Systems Group by 18.7% in the 4th quarter. GAMMA Investing LLC now owns 1,049 shares of the technology company’s stock valued at $92,000 after purchasing an additional 165 shares during the period. Institutional investors and hedge funds own 77.73% of the company’s stock.

The Descartes Systems Group Trading Up 0.8%

Shares of The Descartes Systems Group stock opened at $71.29 on Friday. The company has a 50 day moving average of $71.05 and a 200-day moving average of $76.94. The Descartes Systems Group Inc. has a 1-year low of $62.56 and a 1-year high of $117.35. The company has a market cap of $6.13 billion, a PE ratio of 38.33 and a beta of 0.65.

The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last issued 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 Descartes Systems Group had a net margin of 22.47% and a return on equity of 10.70%. The company had revenue of $192.37 million during the quarter, compared to the consensus estimate of $188.09 million. During the same quarter in the prior year, the firm posted $0.43 EPS. The firm’s quarterly revenue was up 15.1% on a year-over-year basis. Research analysts forecast that The Descartes Systems Group Inc. will post 2.62 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Rothschild & Co Redburn raised shares of The Descartes Systems Group from a “neutral” rating to a “buy” rating and cut their price objective for the company from $100.00 to $90.00 in a report on Thursday, April 16th. Weiss Ratings downgraded shares of The Descartes Systems Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 9th. Morgan Stanley cut their price objective on shares of The Descartes Systems Group from $115.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, March 12th. Zacks Research downgraded shares of The Descartes Systems Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, Scotiabank cut their price objective on shares of The Descartes Systems Group from $115.00 to $95.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, The Descartes Systems Group presently has an average rating of “Moderate Buy” and an average price target of $105.45.

Read Our Latest Report on DSGX

The Descartes Systems Group Profile

(Free Report)

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.