EPAM Systems, Inc. $EPAM Stock: Cooke & Bieler LP Grows Stake

Cooke & Bieler LP boosted its holdings in shares of EPAM Systems, Inc. (NYSE:EPAM) by 11.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 164,523 shares of the information technology services provider’s stock after purchasing an additional 16,720 shares during the period. Cooke & Bieler LP owned approximately 0.32% of EPAM Systems worth $17,828,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. acquired a new stake in shares of EPAM Systems during the 3rd quarter valued at $264,000. Nisa Investment Advisors LLC boosted its stake in shares of EPAM Systems by 31.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 708 shares of the information technology services provider’s stock worth $77,000 after acquiring an additional 169 shares in the last quarter. Net Worth Advisory Group bought a new stake in shares of EPAM Systems during the 3rd quarter worth $334,000. NorthCrest Asset Manangement LLC acquired a new position in shares of EPAM Systems in the 3rd quarter worth $387,000. Finally, Journey Retirement Planning & Investment Management LLC grew its holdings in shares of EPAM Systems by 27.5% in the 3rd quarter. Journey Retirement Planning & Investment Management LLC now owns 3,633 shares of the information technology services provider’s stock worth $394,000 after acquiring an additional 783 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on EPAM shares. Truist Financial cut their target price on EPAM Systems from $112.00 to $110.00 and set a “hold” rating on the stock in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $85.00 price target on shares of EPAM Systems in a research report on Friday, July 10th. Stifel Nicolaus set a $135.00 price target on EPAM Systems in a research report on Thursday, August 6th. Guggenheim dropped their price target on EPAM Systems from $165.00 to $140.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. Finally, TD Cowen dropped their price target on EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Six analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $116.47.

EPAM Systems Stock Up 2.5%

Shares of NYSE:EPAM opened at $134.00 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. The company has a market cap of $6.91 billion, a PE ratio of 18.16, a price-to-earnings-growth ratio of 1.36 and a beta of 1.39. EPAM Systems, Inc. has a 52 week low of $73.06 and a 52 week high of $222.53. The firm has a 50 day simple moving average of $113.61 and a 200 day simple moving average of $105.31.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, topping 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 firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business posted $2.77 EPS. The company’s 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. As a group, research analysts expect that EPAM Systems, Inc. will post 10.47 earnings per share for the current year.

About EPAM Systems

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.