Globeflex Capital L P Makes New $1.75 Million Investment in EPAM Systems, Inc. $EPAM

Globeflex Capital L P acquired a new position in EPAM Systems, Inc. (NYSE:EPAM) during the second quarter, according to its most recent filing with the SEC. The firm acquired 22,089 shares of the information technology services provider’s stock, valued at approximately $1,753,000.

Other hedge funds have also recently made changes to their positions in the company. Sunbelt Securities Inc. boosted its stake in shares of EPAM Systems by 4,233.3% during the 4th quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 127 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in EPAM Systems in the second quarter worth about $27,000. MUFG Securities EMEA plc purchased a new stake in EPAM Systems in the second quarter worth about $30,000. 1248 Management LLC purchased a new stake in EPAM Systems in the fourth quarter worth about $32,000. Finally, Rothschild Investment LLC boosted its position in EPAM Systems by 51.4% during the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 54 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Morgan Stanley set a $97.00 target price on EPAM Systems in a report on Friday, August 7th. Jefferies Financial Group lowered EPAM Systems from a “buy” rating to a “hold” rating and dropped their price target for the company from $130.00 to $110.00 in a research report on Friday, May 29th. Susquehanna reduced their price target on EPAM Systems from $167.00 to $146.00 and set a “positive” rating on the stock in a research note on Friday, August 7th. The Goldman Sachs Group downgraded EPAM Systems from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $215.00 to $110.00 in a report on Friday, May 8th. Finally, Truist Financial lowered their price objective on EPAM Systems from $112.00 to $110.00 and set a “hold” rating for the company in a research report on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $116.47.

EPAM Systems Stock Up 0.8%

EPAM stock opened at $111.22 on Tuesday. EPAM Systems, Inc. has a twelve month low of $73.06 and a twelve month high of $222.53. The firm has a market cap of $5.74 billion, a PE ratio of 15.07, a price-to-earnings-growth ratio of 1.13 and a beta of 1.39. The business has a 50 day moving average of $92.37 and a 200 day moving average of $114.83. 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:EPAM) last issued its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, beating 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 firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period last year, the company earned $2.77 earnings per share. 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. On average, research analysts forecast that EPAM Systems, Inc. will post 10.48 EPS 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.