Equitable Holdings Inc. Invests $580,000 in EPAM Systems, Inc. $EPAM

Equitable Holdings Inc. bought a new position in EPAM Systems, Inc. (NYSE:EPAM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,310 shares of the information technology services provider’s stock, valued at approximately $580,000.

A number of other institutional investors have also recently added to or reduced their stakes in EPAM. Aikya Investment Management Ltd grew its stake in EPAM Systems by 8.4% during the fourth quarter. Aikya Investment Management Ltd now owns 763,798 shares of the information technology services provider’s stock worth $156,487,000 after buying an additional 58,977 shares during the period. Van Berkom & Associates Inc. grew its stake in shares of EPAM Systems by 14.6% during the fourth quarter. Van Berkom & Associates Inc. now owns 423,510 shares of the information technology services provider’s stock valued at $86,769,000 after acquiring an additional 54,075 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in EPAM Systems by 7.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider’s stock valued at $47,199,000 after purchasing an additional 25,152 shares in the last quarter. Bank Hapoalim BM acquired a new stake in shares of EPAM Systems during the second quarter worth approximately $1,491,000. Finally, Bank of America Corp DE increased its position in shares of EPAM Systems by 15.9% in the 1st quarter. Bank of America Corp DE now owns 624,699 shares of the information technology services provider’s stock worth $84,584,000 after purchasing an additional 85,480 shares during the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

EPAM Systems Stock Up 1.9%

EPAM Systems stock opened at $114.86 on Friday. 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 one year low of $73.06 and a one year high of $222.53. The company has a 50-day simple moving average of $94.67 and a 200-day simple moving average of $113.33. The firm has a market capitalization of $5.93 billion, a P/E ratio of 15.56, a P/E/G ratio of 1.18 and a beta of 1.39.

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, beating 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 firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period last year, the firm 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, equities analysts expect that EPAM Systems, Inc. will post 10.48 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on EPAM shares. TD Cowen reduced their target price on EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, August 7th. William Blair downgraded EPAM Systems from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. Wells Fargo & Company dropped their price target on EPAM Systems from $151.00 to $125.00 and set an “overweight” rating on the stock in a research report on Friday, July 10th. Susquehanna reduced their price objective 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. Finally, Mizuho set a $130.00 price objective on shares of EPAM Systems in a report on Monday, August 10th. Six analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, EPAM Systems presently has a consensus rating of “Hold” and a consensus price target of $116.47.

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.