Public Employees Retirement System of Ohio Makes New $1.15 Million Investment in EPAM Systems, Inc. $EPAM

Public Employees Retirement System of Ohio bought a new position in shares of EPAM Systems, Inc. (NYSE:EPAM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 14,512 shares of the information technology services provider’s stock, valued at approximately $1,152,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Sunbelt Securities Inc. increased its position in EPAM Systems by 4,233.3% during 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 period. CYBER HORNET ETFs LLC bought a new stake in EPAM Systems in the 2nd quarter valued at about $27,000. 1248 Management LLC bought a new stake in EPAM Systems in the 4th quarter valued at about $32,000. Rothschild Investment LLC grew its position in shares of EPAM Systems by 51.4% during the 4th 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 in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of EPAM Systems during the second quarter worth approximately $30,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on EPAM shares. William Blair downgraded shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Wells Fargo & Company dropped their price objective on EPAM Systems from $151.00 to $125.00 and set an “overweight” rating for the company in a report on Friday, July 10th. Wedbush started coverage on EPAM Systems in a report on Monday, June 15th. They set a “neutral” rating and a $99.00 target price on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $85.00 price target on shares of EPAM Systems in a research report on Friday, July 10th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of EPAM Systems in a research note on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $116.47.

EPAM Systems Stock Down 1.5%

Shares of EPAM opened at $115.31 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. EPAM Systems, Inc. has a 52 week low of $73.06 and a 52 week high of $222.53. The stock has a market capitalization of $5.95 billion, a price-to-earnings ratio of 15.63, a PEG ratio of 1.20 and a beta of 1.38. The stock has a fifty day moving average of $100.12 and a 200-day moving average of $110.16.

EPAM Systems (NYSE:EPAM) last issued 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 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 previous year, the company posted $2.77 EPS. EPAM Systems’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. As a group, sell-side analysts anticipate that EPAM Systems, Inc. will post 10.47 earnings per share for the current fiscal year.

EPAM Systems 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.