Hsbc Holdings PLC Purchases Shares of 189,399 EPAM Systems, Inc. $EPAM

Hsbc Holdings PLC purchased a new position in EPAM Systems, Inc. (NYSE:EPAMFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 189,399 shares of the information technology services provider’s stock, valued at approximately $14,992,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in shares of EPAM Systems in the 2nd quarter valued at approximately $526,684,000. Capital World Investors raised its holdings in shares of EPAM Systems by 59.4% in the fourth quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider’s stock worth $753,874,000 after buying an additional 1,371,557 shares during the last quarter. Boston Partners acquired a new stake in shares of EPAM Systems during the fourth quarter worth $349,428,000. JPMorgan Chase & Co. grew its holdings in shares of EPAM Systems by 56.9% during the fourth quarter. JPMorgan Chase & Co. now owns 1,147,930 shares of the information technology services provider’s stock valued at $235,188,000 after buying an additional 416,324 shares during the last quarter. Finally, 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 acquiring an additional 219,388 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EPAM. William Blair lowered EPAM Systems from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Wedbush began coverage on EPAM Systems in a report on Monday, June 15th. They issued a “neutral” rating and a $99.00 price objective on the stock. Stifel Nicolaus set a $135.00 price objective on EPAM Systems in a research note on Thursday, August 6th. Mizuho set a $130.00 target price on EPAM Systems in a report on Monday, August 10th. Finally, Truist Financial dropped 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. Six analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average 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 stock opened at $113.17 on Friday. EPAM Systems, Inc. has a 52-week low of $73.06 and a 52-week high of $222.53. The stock has a market cap of $5.84 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 1.12 and a beta of 1.39. The business has a 50-day simple moving average of $93.90 and a 200-day simple moving average of $113.32. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAMGet Free Report) last released its quarterly earnings data 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. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the firm posted $2.77 EPS. The business’s quarterly 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. On average, equities analysts expect that EPAM Systems, Inc. will post 10.48 EPS for the current year.

EPAM Systems Company 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.

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Institutional Ownership by Quarter for EPAM Systems (NYSE:EPAM)

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