Hsbc Holdings PLC Makes New Investment in EPAM Systems, Inc. $EPAM

Hsbc Holdings PLC bought a new position in shares of EPAM Systems, Inc. (NYSE:EPAM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 189,399 shares of the information technology services provider’s stock, valued at approximately $14,992,000. Hsbc Holdings PLC owned 0.37% of EPAM Systems as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in EPAM Systems during the 4th quarter worth $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of EPAM Systems by 68.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider’s stock worth $1,611,000 after buying an additional 3,880 shares during the period. Goldman Sachs Group Inc. grew its position in shares of EPAM Systems by 53.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 335,150 shares of the information technology services provider’s stock worth $56,587,000 after buying an additional 117,170 shares in the last quarter. United Services Automobile Association purchased a new position in shares of EPAM Systems during the first quarter valued at $229,000. Finally, Empowered Funds LLC raised its holdings in shares of EPAM Systems by 134.1% in the first quarter. Empowered Funds LLC now owns 2,254 shares of the information technology services provider’s stock valued at $381,000 after acquiring an additional 1,291 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

EPAM Systems Stock Performance

EPAM stock opened at $113.17 on Friday. EPAM Systems, Inc. has a one year low of $73.06 and a one year high of $222.53. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 15.33, a PEG ratio of 1.12 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. The firm has a 50-day simple moving average of $93.90 and a two-hundred day simple moving average of $113.32.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the firm earned $2.77 EPS. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. EPAM Systems has set its FY 2026 guidance at 13.080-13.240 EPS and its Q3 2026 guidance at 3.380-3.460 EPS. On average, equities analysts forecast that EPAM Systems, Inc. will post 10.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. William Blair cut shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. lowered shares of EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 price target for the company. in a report on Wednesday. Wedbush started coverage on shares of EPAM Systems in a research report on Monday, June 15th. They issued a “neutral” rating and a $99.00 price target for the company. Needham & Company LLC dropped their price objective on shares of EPAM Systems from $135.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $85.00 target price on shares of EPAM Systems in a report on Friday, July 10th. Six analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $116.47.

About EPAM Systems

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM’s offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.