EPAM Systems, Inc. $EPAM Stake Raised by Bridge City Capital LLC

Bridge City Capital LLC lifted its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 60.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,772 shares of the information technology services provider’s stock after acquiring an additional 16,815 shares during the period. Bridge City Capital LLC’s holdings in EPAM Systems were worth $4,851,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in EPAM. Rockefeller Capital Management L.P. increased its stake in EPAM Systems by 4.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,144 shares of the information technology services provider’s stock worth $439,000 after buying an additional 82 shares during the period. Financial Management Professionals Inc. raised its holdings in EPAM Systems by 47.3% in the third quarter. Financial Management Professionals Inc. now owns 268 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 86 shares in the last quarter. Bradley Foster & Sargent Inc. CT lifted its position in EPAM Systems by 4.7% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 2,812 shares of the information technology services provider’s stock valued at $381,000 after acquiring an additional 126 shares during the last quarter. Pinnacle Wealth Planning Services Inc. lifted its holdings in shares of EPAM Systems by 14.3% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,169 shares of the information technology services provider’s stock valued at $127,000 after purchasing an additional 146 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in EPAM Systems by 31.4% in the third 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. Institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

EPAM has been the topic of several research reports. Morgan Stanley set a $97.00 target price on EPAM Systems in a research report on Friday, August 7th. JPMorgan Chase & Co. lowered shares of EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research note on Wednesday, August 26th. Needham & Company LLC dropped their price target on shares of EPAM Systems from $135.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $85.00 target price on shares of EPAM Systems in a research report on Friday, July 10th. Finally, William Blair downgraded shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $121.20.

EPAM Systems Stock Down 0.2%

Shares of NYSE EPAM opened at $140.29 on Monday. The company has a 50 day simple moving average of $118.08 and a 200-day simple moving average of $123.02. The company has a market capitalization of $7.24 billion, a P/E ratio of 19.01, a P/E/G ratio of 1.46 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. EPAM Systems, Inc. has a 1 year low of $73.06 and a 1 year high of $222.53.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings results 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. 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 for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the company earned $2.77 EPS. The business’s revenue for the quarter 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 research analysts predict that EPAM Systems, Inc. will post 10.47 earnings per share for the current year.

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.