The Manufacturers Life Insurance Company Makes New $1.09 Million Investment in EPAM Systems, Inc. $EPAM

The Manufacturers Life Insurance Company bought a new stake in EPAM Systems, Inc. (NYSE:EPAM) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 13,777 shares of the information technology services provider’s stock, valued at approximately $1,093,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in shares of EPAM Systems in the 4th quarter worth about $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in EPAM Systems by 68.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider’s stock valued at $1,611,000 after purchasing an additional 3,880 shares during the period. Goldman Sachs Group Inc. boosted its stake in EPAM Systems by 53.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 335,150 shares of the information technology services provider’s stock valued at $56,587,000 after purchasing an additional 117,170 shares during the period. United Services Automobile Association bought a new position in EPAM Systems in the 1st quarter worth about $229,000. Finally, Empowered Funds LLC increased its stake in shares of EPAM Systems by 134.1% in the first quarter. Empowered Funds LLC now owns 2,254 shares of the information technology services provider’s stock valued at $381,000 after purchasing an additional 1,291 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

EPAM Systems Trading Down 2.3%

Shares of NYSE:EPAM opened at $117.18 on Friday. The company has a 50 day moving average of $98.66 and a 200-day moving average of $111.23. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. The firm has a market cap of $6.05 billion, a P/E ratio of 15.88, a P/E/G ratio of 1.23 and a beta of 1.38. EPAM Systems, Inc. has a twelve month low of $73.06 and a twelve month high of $222.53.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business earned $2.77 earnings per share. The business’s revenue for the quarter 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. As a group, analysts anticipate that EPAM Systems, Inc. will post 10.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Guggenheim reduced their price objective on EPAM Systems from $165.00 to $140.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Stifel Nicolaus set a $135.00 target price on EPAM Systems in a research report on Thursday, August 6th. JPMorgan Chase & Co. downgraded EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research note on Wednesday, August 26th. TD Cowen reduced their price target on EPAM Systems from $131.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Finally, The Goldman Sachs Group cut EPAM Systems from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $215.00 to $110.00 in a research note on Friday, May 8th. Six 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price 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.