Vise Technologies Inc. Takes Position in EPAM Systems, Inc. $EPAM

Vise Technologies Inc. bought a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 4,649 shares of the information technology services provider’s stock, valued at approximately $369,000.

A number of other large investors also recently added to or reduced their stakes in EPAM. BlackRock Inc. bought a new position in shares of EPAM Systems during the second quarter valued at about $526,684,000. Boston Partners bought a new stake in shares of EPAM Systems in the fourth quarter worth about $349,428,000. Capital World Investors increased its holdings in EPAM Systems by 59.4% during the 4th quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider’s stock valued at $753,874,000 after purchasing an additional 1,371,557 shares during the period. Norges Bank purchased a new position in EPAM Systems during the 4th quarter valued at about $147,870,000. Finally, Price T Rowe Associates Inc. MD raised its position in EPAM Systems by 849.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 784,101 shares of the information technology services provider’s stock valued at $160,649,000 after purchasing an additional 701,500 shares during the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

EPAM Systems Trading Up 0.7%

NYSE:EPAM opened at $112.01 on Wednesday. EPAM Systems, Inc. has a one year low of $73.06 and a one year high of $222.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. The company’s 50-day simple moving average is $92.74 and its 200 day simple moving average is $114.32. The firm has a market capitalization of $5.78 billion, a P/E ratio of 15.18, a PEG ratio of 1.14 and a beta of 1.39.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share 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 business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the prior year, the company earned $2.77 earnings per share. The business’s revenue was up 4.6% compared to the same quarter last year. 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, analysts forecast that EPAM Systems, Inc. will post 10.48 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on EPAM. TD Cowen cut their price objective on EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. The Goldman Sachs Group downgraded EPAM Systems from a “buy” rating to a “neutral” rating and decreased their target price for the company from $215.00 to $110.00 in a report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of EPAM Systems in a research note on Tuesday, August 4th. William Blair cut shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. Finally, Wells Fargo & Company reduced their price objective on shares of EPAM Systems from $151.00 to $125.00 and set an “overweight” rating on the stock in a research report on Friday, July 10th. Seven investment 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. According to data from MarketBeat.com, EPAM Systems presently has an average rating of “Hold” and an average price target of $116.47.

EPAM Systems Company Profile

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.