Man Group plc Purchases Shares of 106,215 EPAM Systems, Inc. $EPAM

Man Group plc acquired a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 106,215 shares of the information technology services provider’s stock, valued at approximately $8,428,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sunbelt Securities Inc. boosted its position in shares of EPAM Systems by 4,233.3% in the fourth quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 127 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in EPAM Systems during the second quarter worth approximately $27,000. 1248 Management LLC acquired a new position in EPAM Systems during the fourth quarter worth approximately $32,000. Rothschild Investment LLC raised its stake in EPAM Systems by 51.4% during the fourth quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after purchasing an additional 54 shares during the period. Finally, MUFG Securities EMEA plc purchased a new position in EPAM Systems during the second quarter worth approximately $30,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analysts Set New Price Targets

EPAM has been the subject of several research reports. Wedbush initiated coverage on shares of EPAM Systems in a research note on Monday, June 15th. They set a “neutral” rating and a $99.00 price objective for the company. Citigroup cut their target price on EPAM Systems from $112.00 to $100.00 and set a “neutral” rating on the stock in a research report on Monday, July 27th. Mizuho set a $130.00 target price on EPAM Systems in a report on Monday, August 10th. JPMorgan Chase & Co. cut EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 target price on the stock. in a report on Wednesday. Finally, Guggenheim dropped their price target on EPAM Systems from $165.00 to $140.00 and set a “buy” rating for the company in a research note on Monday, August 10th. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, EPAM Systems currently has a consensus rating of “Hold” and a consensus price target of $116.47.

EPAM Systems Trading Up 1.9%

Shares of EPAM stock opened at $114.86 on Friday. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 15.56, a price-to-earnings-growth ratio of 1.16 and a beta of 1.39. 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, Inc. has a fifty-two week low of $73.06 and a fifty-two week high of $222.53. The firm’s 50 day moving average price is $94.67 and its two-hundred day moving average price is $113.33.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the business earned $2.77 earnings per share. 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, analysts anticipate that EPAM Systems, Inc. will post 10.48 EPS for the current 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.