EPAM Systems, Inc. $EPAM Shares Purchased by Engineers Gate Manager LP

Engineers Gate Manager LP increased its stake in shares of EPAM Systems, Inc. (NYSE:EPAM) by 341.1% during the second quarter, Holdings Channel reports. The institutional investor owned 52,893 shares of the information technology services provider’s stock after acquiring an additional 40,902 shares during the period. Engineers Gate Manager LP’s holdings in EPAM Systems were worth $4,197,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rothschild Investment LLC lifted its position in shares of EPAM Systems by 51.4% during the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 54 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of EPAM Systems by 4.5% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,570 shares of the information technology services provider’s stock worth $322,000 after acquiring an additional 67 shares during the period. Bradley Foster & Sargent Inc. CT increased its stake in EPAM Systems by 2.8% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 2,686 shares of the information technology services provider’s stock valued at $550,000 after purchasing an additional 74 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in EPAM Systems by 4.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,144 shares of the information technology services provider’s stock valued at $439,000 after purchasing an additional 82 shares in the last quarter. Finally, Clearstead Advisors LLC raised its holdings in EPAM Systems by 60.3% during the fourth quarter. Clearstead Advisors LLC now owns 242 shares of the information technology services provider’s stock worth $50,000 after purchasing an additional 91 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

EPAM Systems Trading Up 2.9%

EPAM Systems stock opened at $117.83 on Friday. The stock has a market cap of $6.08 billion, a PE ratio of 15.97, a P/E/G ratio of 1.21 and a beta of 1.38. The stock has a 50-day moving average price of $101.84 and a 200 day moving average price of $109.88. EPAM Systems, Inc. has a 52 week low of $73.06 and a 52 week high of $222.53. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the firm earned $2.77 EPS. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. 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. Equities research analysts predict that EPAM Systems, Inc. will post 10.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on the company. Needham & Company LLC decreased their target price on EPAM Systems from $135.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $85.00 price target on shares of EPAM Systems in a research report on Friday, July 10th. Citigroup decreased their price objective on shares of EPAM Systems from $112.00 to $100.00 and set a “neutral” rating on the stock in a research report on Monday, July 27th. Wedbush began coverage on shares of EPAM Systems in a research note on Monday, June 15th. They issued a “neutral” rating and a $99.00 price objective on the stock. Finally, Morgan Stanley set a $97.00 price objective on shares of EPAM Systems in a research note on Friday, August 7th. Six research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, EPAM Systems currently has an average rating of “Hold” and a consensus price target of $116.47.

EPAM Systems Company Profile

EPAM Systems, Inc is a global digital engineering and technology services company that helps businesses design, develop and modernize software and digital products. Its services include software engineering, product development, platform engineering, cloud transformation, data and analytics, artificial intelligence, cybersecurity, consulting and experience design.

EPAM serves clients across industries such as financial services, healthcare, life sciences, retail, travel and hospitality, media, telecommunications, energy and manufacturing.