Equitable Holdings Inc. Takes $580,000 Position in EPAM Systems, Inc. $EPAM

Equitable Holdings Inc. acquired a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM) during the second quarter, HoldingsChannel reports. The firm acquired 7,310 shares of the information technology services provider’s stock, valued at approximately $580,000.

Several other institutional investors have also bought and sold shares of the stock. Sunbelt Securities Inc. grew its position in EPAM Systems by 4,233.3% in the 4th quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock valued at $27,000 after buying an additional 127 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of EPAM Systems during the 2nd quarter worth about $27,000. 1248 Management LLC bought a new stake in shares of EPAM Systems during the 4th quarter worth about $32,000. Rothschild Investment LLC lifted its stake in shares of EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after acquiring an additional 54 shares during the period. Finally, MUFG Securities EMEA plc acquired a new stake in shares of EPAM Systems in the 2nd quarter worth approximately $30,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Mizuho set a $130.00 price objective on shares of EPAM Systems in a report on Monday, August 10th. Wedbush started coverage on EPAM Systems in a research report on Monday, June 15th. They issued a “neutral” rating and a $99.00 target price for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $85.00 price target on shares of EPAM Systems in a research note on Friday, July 10th. TD Cowen lowered their price target on EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Finally, Citigroup dropped their price objective on EPAM Systems from $112.00 to $100.00 and set a “neutral” rating on the stock in a research note on Monday, July 27th. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $116.47.

EPAM Systems Price Performance

NYSE EPAM opened at $114.86 on Friday. The stock has a market capitalization of $5.93 billion, a P/E ratio of 15.56, a P/E/G ratio of 1.18 and a beta of 1.39. EPAM Systems, Inc. has a 1 year low of $73.06 and a 1 year high of $222.53. The business’s fifty day moving average is $94.67 and its two-hundred day moving average is $113.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.22. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.77 EPS. 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, research analysts forecast that EPAM Systems, Inc. will post 10.48 earnings per share for the current fiscal year.

EPAM Systems Company Profile

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.