Oak Ridge Investments LLC Boosts Stock Holdings in EPAM Systems, Inc. $EPAM

Oak Ridge Investments LLC boosted its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 1.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,116 shares of the information technology services provider’s stock after buying an additional 168 shares during the quarter. Oak Ridge Investments LLC’s holdings in EPAM Systems were worth $2,673,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EPAM. Sound Income Strategies LLC purchased a new position in EPAM Systems in the second quarter valued at $29,000. CX Institutional purchased a new position in EPAM Systems in the first quarter valued at $42,000. Blue Trust Inc. increased its holdings in EPAM Systems by 40.5% in the second quarter. Blue Trust Inc. now owns 333 shares of the information technology services provider’s stock valued at $59,000 after buying an additional 96 shares during the last quarter. Parallel Advisors LLC increased its holdings in EPAM Systems by 215.5% in the second quarter. Parallel Advisors LLC now owns 366 shares of the information technology services provider’s stock valued at $65,000 after buying an additional 250 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in EPAM Systems by 275.0% in the second quarter. UMB Bank n.a. now owns 390 shares of the information technology services provider’s stock valued at $69,000 after buying an additional 286 shares during the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Cowen raised EPAM Systems from a “hold” rating to a “buy” rating in a report on Monday, August 18th. JPMorgan Chase & Co. dropped their price objective on EPAM Systems from $205.00 to $201.00 and set an “overweight” rating on the stock in a report on Wednesday, August 20th. TD Cowen raised EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Monday, August 18th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of EPAM Systems in a report on Wednesday. Finally, Wall Street Zen lowered EPAM Systems from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Thirteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, EPAM Systems has a consensus rating of “Moderate Buy” and an average target price of $224.06.

EPAM Systems Price Performance

Shares of EPAM opened at $142.61 on Friday. EPAM Systems, Inc. has a fifty-two week low of $138.15 and a fifty-two week high of $269.00. The company has a market capitalization of $7.94 billion, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 2.07 and a beta of 1.65. The firm has a 50-day simple moving average of $159.44 and a 200-day simple moving average of $164.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.17 and a current ratio of 3.17.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, August 7th. The information technology services provider reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.61 by $0.16. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the firm earned $2.45 earnings per share. The business’s quarterly revenue was up 18.0% compared to the same quarter last year. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. On average, equities research analysts anticipate that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

EPAM Systems Company Profile

EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.