Wellington Management Group LLP Decreases Stake in EPAM Systems, Inc. $EPAM

Posted by Brenda Bartman on Sep 9th, 2026

Wellington Management Group LLP lessened its stake in EPAM Systems, Inc. (NYSE:EPAM – Free Report) by 66.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,028 shares of the information technology services provider’s stock after selling 196,298 shares during the quarter. Wellington Management Group LLP’s holdings in EPAM Systems were worth $7,937,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

EPAM has been the topic of a number of research reports. Mizuho set a $130.00 price objective on shares of EPAM Systems in a research note on Monday, August 10th. William Blair cut shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Stifel Nicolaus set a $135.00 price target on shares of EPAM Systems in a research report on Thursday, August 6th. Jefferies Financial Group cut shares of EPAM Systems from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $130.00 to $110.00 in a research note on Friday, May 29th. Finally, Needham & Company LLC cut their price objective on EPAM Systems from $135.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Six 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $116.47.

Check Out Our Latest Report on EPAM

EPAM Systems Stock Performance

Shares of EPAM opened at $115.31 on Wednesday. EPAM Systems, Inc. has a 1 year low of $73.06 and a 1 year high of $222.53. The company’s 50 day simple moving average is $100.12 and its 200 day simple moving average is $110.16. The company has a market capitalization of $5.95 billion, a price-to-earnings ratio of 15.63, a PEG ratio of 1.20 and a beta of 1.38. 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 – Get Free Report) last released its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, topping the consensus estimate of $3.16 by $0.22. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. EPAM Systems’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the company 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, sell-side analysts predict that EPAM Systems, Inc. will post 10.47 EPS for the current year.

EPAM Systems Profile

(Free Report)

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.