Tocqueville Asset Management L.P. bought a new position in EPAM Systems, Inc. (NYSE:EPAM – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 9,583 shares of the information technology services provider’s stock, valued at approximately $760,000.
Other large investors have also added to or reduced their stakes in the company. Sunbelt Securities Inc. increased its holdings in EPAM Systems by 4,233.3% during the 4th quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 127 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of EPAM Systems in the second quarter valued at approximately $27,000. MUFG Securities EMEA plc purchased a new position in shares of EPAM Systems during the second quarter valued at approximately $30,000. 1248 Management LLC purchased a new position in shares of EPAM Systems during the fourth quarter valued at approximately $32,000. Finally, Rothschild Investment LLC grew its holdings in EPAM Systems by 51.4% during the fourth quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after buying an additional 54 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on EPAM shares. Mizuho set a $130.00 price objective on EPAM Systems in a research note on Monday, August 10th. Stifel Nicolaus set a $135.00 target price on shares of EPAM Systems in a report on Thursday, August 6th. The Goldman Sachs Group cut shares of EPAM Systems from a “buy” rating to a “neutral” rating and cut their price target for the stock from $215.00 to $110.00 in a report on Friday, May 8th. Truist Financial decreased their price objective on shares of EPAM Systems from $112.00 to $110.00 and set a “hold” rating for the company in a research note on Friday, August 7th. Finally, Citigroup cut their target price 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. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $116.47.
EPAM Systems Price Performance
Shares of NYSE EPAM opened at $106.46 on Friday. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. The stock has a fifty day simple moving average of $91.70 and a two-hundred day simple moving average of $116.03. EPAM Systems, Inc. has a 1-year low of $73.06 and a 1-year high of $222.53. The firm has a market cap of $5.49 billion, a price-to-earnings ratio of 14.43, a price-to-earnings-growth ratio of 1.10 and a beta of 1.39.
EPAM Systems (NYSE:EPAM – Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The business’s revenue for the quarter 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. Analysts anticipate that EPAM Systems, Inc. will post 10.48 earnings per share for the current year.
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.
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