Oppenheimer Asset Management Inc. Acquires New Holdings in EPAM Systems, Inc. $EPAM

Oppenheimer Asset Management Inc. bought a new stake in EPAM Systems, Inc. (NYSE:EPAM) in the 2nd quarter, Holdings Channel.com reports. The fund bought 117,391 shares of the information technology services provider’s stock, valued at approximately $9,315,000.

Several other hedge funds also recently bought and sold shares of the company. Sunbelt Securities Inc. boosted its position in shares of 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 purchasing an additional 127 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of EPAM Systems in the 2nd quarter valued at $27,000. MUFG Securities EMEA plc acquired a new stake in EPAM Systems during the 2nd quarter worth $30,000. 1248 Management LLC bought a new position in EPAM Systems during the fourth quarter worth about $32,000. Finally, Rothschild Investment LLC lifted its holdings 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 acquiring an additional 54 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EPAM has been the subject of a number of research analyst reports. Citigroup decreased their target price on EPAM Systems from $112.00 to $100.00 and set a “neutral” rating for the company in a research note on Monday, July 27th. Stifel Nicolaus set a $135.00 price objective on EPAM Systems in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $85.00 price objective on shares of EPAM Systems in a report on Friday, July 10th. Morgan Stanley set a $97.00 price objective on EPAM Systems in a research report on Friday, August 7th. Finally, Susquehanna lowered their target price on EPAM Systems from $167.00 to $146.00 and set a “positive” rating for the company in a research note on Friday, August 7th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $116.47.

EPAM Systems Price Performance

Shares of NYSE EPAM opened at $100.53 on Friday. The firm has a market cap of $5.19 billion, a PE ratio of 13.62, a PEG ratio of 1.05 and a beta of 1.39. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. EPAM Systems, Inc. has a 1-year low of $73.06 and a 1-year high of $222.53. The company has a fifty day moving average price of $91.00 and a 200 day moving average price of $119.85.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) 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 firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the prior year, the company earned $2.77 EPS. The company’s revenue was up 4.6% on a year-over-year basis. 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. Research analysts predict that EPAM Systems, Inc. will post 10.4 earnings per share for the current fiscal year.

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.