Hosking Partners LLP decreased its holdings in shares of EPAM Systems, Inc. (NYSE:EPAM – Free Report) by 48.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 14,896 shares of the information technology services provider’s stock after selling 13,964 shares during the period. Hosking Partners LLP’s holdings in EPAM Systems were worth $1,614,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of EPAM Systems in the 2nd quarter valued at about $526,684,000. Dimensional Fund Advisors LP increased its position in shares of EPAM Systems by 25.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,069,284 shares of the information technology services provider’s stock valued at $144,789,000 after buying an additional 219,388 shares in the last quarter. Bank of America Corp DE acquired a new stake in EPAM Systems during the 2nd quarter worth $52,531,000. Arrowstreet Capital Limited Partnership lifted its holdings in EPAM Systems by 7.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider’s stock worth $47,199,000 after acquiring an additional 25,152 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in EPAM Systems in the second quarter valued at about $24,729,000. 91.58% of the stock is owned by institutional investors and hedge funds.
EPAM Systems Stock Up 2.5%
EPAM stock opened at $134.00 on Thursday. EPAM Systems, Inc. has a 1-year low of $73.06 and a 1-year high of $222.53. The business’s 50 day simple moving average is $113.61 and its 200 day simple moving average is $105.31. 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 firm has a market capitalization of $6.91 billion, a PE ratio of 18.16, a PEG ratio of 1.36 and a beta of 1.39.
EPAM Systems (NYSE:EPAM – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, beating the consensus estimate of $3.16 by $0.22. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the company earned $2.77 earnings per share. 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. As a group, research analysts anticipate that EPAM Systems, Inc. will post 10.47 EPS for the current year.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of EPAM Systems in a research note on Tuesday, August 4th. Guggenheim lowered their target price on EPAM Systems from $165.00 to $140.00 and set a “buy” rating for the company in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $85.00 price target on shares of EPAM Systems in a report on Friday, July 10th. Wells Fargo & Company reduced their price target on EPAM Systems from $151.00 to $125.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. Finally, William Blair lowered shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Six equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $116.47.
Get Our Latest Stock Report on EPAM
EPAM Systems Profile
EPAM Systems, Inc is a global digital engineering and technology services company that helps organizations design, develop and modernize software and digital platforms. Its services support digital transformation initiatives across industries, including financial services, healthcare, life sciences, retail, travel and consumer products.
The company provides software engineering, product development, consulting, cloud services, data and analytics, artificial intelligence, cybersecurity, quality assurance and platform engineering.
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