EPAM Systems, Inc. $EPAM Shares Bought by Oak Thistle LLC

Oak Thistle LLC lifted its position in EPAM Systems, Inc. (NYSE:EPAM) by 1,655.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,736 shares of the information technology services provider’s stock after buying an additional 28,985 shares during the period. Oak Thistle LLC’s holdings in EPAM Systems were worth $2,439,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Boston Partners bought a new position in EPAM Systems during the fourth quarter valued at about $349,428,000. Capital World Investors raised its position in EPAM Systems by 59.4% in the fourth quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider’s stock worth $753,874,000 after acquiring an additional 1,371,557 shares in the last quarter. Norges Bank acquired a new stake in EPAM Systems in the 4th quarter valued at about $147,870,000. Price T Rowe Associates Inc. MD lifted its holdings in EPAM Systems by 849.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 784,101 shares of the information technology services provider’s stock valued at $160,649,000 after acquiring an additional 701,500 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of EPAM Systems by 56.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,147,930 shares of the information technology services provider’s stock valued at $235,188,000 after purchasing an additional 416,324 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

EPAM Systems Stock Performance

Shares of EPAM opened at $100.27 on Thursday. The company’s 50 day moving average price is $90.88 and its 200 day moving average price is $120.80. EPAM Systems, Inc. has a 52 week low of $73.06 and a 52 week high of $222.53. The company has a market capitalization of $5.17 billion, a PE ratio of 13.59, a PEG ratio of 0.95 and a beta of 1.39. 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 (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. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.77 EPS. 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 expect that EPAM Systems, Inc. will post 10.4 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. William Blair cut shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Morgan Stanley set a $97.00 target price on shares of EPAM Systems in a report on Friday, August 7th. Truist Financial decreased their price target on shares of EPAM Systems from $112.00 to $110.00 and set a “hold” rating on the stock in a research report on Friday, August 7th. Citigroup dropped their price target on EPAM Systems from $112.00 to $100.00 and set a “neutral” rating on the stock in a report on Monday, July 27th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of EPAM Systems in a research report on Tuesday, August 4th. Seven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, EPAM Systems has a consensus rating of “Hold” and an average target price of $116.47.

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.