Teacher Retirement System of Texas Has $2.69 Million Stake in EPAM Systems, Inc. $EPAM

Teacher Retirement System of Texas reduced its position in EPAM Systems, Inc. (NYSE:EPAM) by 28.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,122 shares of the information technology services provider’s stock after selling 5,219 shares during the quarter. Teacher Retirement System of Texas’ holdings in EPAM Systems were worth $2,688,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of EPAM. Vanguard Group Inc. lifted its holdings in EPAM Systems by 0.4% in the third quarter. Vanguard Group Inc. now owns 7,014,935 shares of the information technology services provider’s stock valued at $1,057,782,000 after buying an additional 29,763 shares during the period. Ameriprise Financial Inc. grew its holdings in EPAM Systems by 28.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,662,843 shares of the information technology services provider’s stock worth $401,532,000 after acquiring an additional 596,760 shares during the period. Baillie Gifford & Co. grew its holdings in EPAM Systems by 20.7% during the 3rd quarter. Baillie Gifford & Co. now owns 1,293,857 shares of the information technology services provider’s stock worth $195,101,000 after acquiring an additional 221,544 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of EPAM Systems by 1.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,072,937 shares of the information technology services provider’s stock worth $219,823,000 after acquiring an additional 13,768 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of EPAM Systems by 19.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 774,685 shares of the information technology services provider’s stock valued at $116,829,000 after purchasing an additional 125,853 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EPAM shares. Wells Fargo & Company cut their target price on EPAM Systems from $247.00 to $195.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of EPAM Systems in a research note on Monday, December 29th. JPMorgan Chase & Co. cut their price target on EPAM Systems from $215.00 to $183.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Citigroup reduced their price objective on shares of EPAM Systems from $155.00 to $145.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, TD Cowen lowered their price objective on shares of EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Ten investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, EPAM Systems has an average rating of “Moderate Buy” and a consensus target price of $192.47.

EPAM Systems Stock Performance

Shares of EPAM Systems stock opened at $116.41 on Tuesday. The business has a 50-day simple moving average of $135.31 and a 200 day simple moving average of $170.42. EPAM Systems, Inc. has a one year low of $116.30 and a one year high of $222.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 2.59. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 1.16 and a beta of 1.73.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the company earned $2.84 earnings per share. The company’s quarterly revenue was up 12.8% on a year-over-year basis. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. On average, research analysts anticipate that EPAM Systems, Inc. will post 9.94 earnings per share for the current fiscal 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.