16,720 EPAM Systems, Inc. $EPAM Shares Purchased by Cooke & Bieler LP

Cooke & Bieler LP boosted its holdings in shares of EPAM Systems, Inc. (NYSE:EPAM) by 11.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 164,523 shares of the information technology services provider’s stock after acquiring an additional 16,720 shares during the quarter. Cooke & Bieler LP’s holdings in EPAM Systems were worth $17,828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Signaturefd LLC grew its stake in EPAM Systems by 1,068.3% during the 2nd quarter. Signaturefd LLC now owns 479 shares of the information technology services provider’s stock valued at $38,000 after acquiring an additional 438 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in shares of EPAM Systems by 94.1% in the 3rd quarter. Elevation Wealth Partners LLC now owns 493 shares of the information technology services provider’s stock valued at $53,000 after purchasing an additional 239 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of EPAM Systems in the second quarter worth approximately $43,000. EverSource Wealth Advisors LLC lifted its position in shares of EPAM Systems by 611.2% in the first quarter. EverSource Wealth Advisors LLC now owns 569 shares of the information technology services provider’s stock worth $77,000 after purchasing an additional 489 shares in the last quarter. Finally, Trust Asset Management LLC purchased a new stake in shares of EPAM Systems in the second quarter worth approximately $50,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on EPAM. Needham & Company LLC decreased their price target on shares of EPAM Systems from $135.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $85.00 price objective on shares of EPAM Systems in a research note on Friday, July 10th. TD Cowen dropped their price objective on shares of EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Wells Fargo & Company cut their target price on shares of EPAM Systems from $151.00 to $125.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. Finally, Guggenheim cut their target price on shares of EPAM Systems from $165.00 to $140.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Six analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $116.47.

EPAM Systems Price Performance

EPAM opened at $134.00 on Thursday. The stock has a market cap of $6.91 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 1.36 and a beta of 1.39. EPAM Systems, Inc. has a 1 year low of $73.06 and a 1 year high of $222.53. 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 stock has a fifty day moving average price of $113.61 and a 200 day moving average price of $105.31.

EPAM Systems (NYSE:EPAM) last issued its earnings results 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 return on equity of 15.84% and a net margin of 7.15%. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company posted $2.77 earnings per share. The business’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. Analysts forecast that EPAM Systems, Inc. will post 10.47 EPS for the current fiscal year.

About EPAM Systems

EPAM Systems, Inc is a global digital engineering and technology services company that helps organizations design, develop and modernize software and digital platforms. Its services support digital transformation initiatives across industries, including financial services, healthcare, life sciences, retail, travel and consumer products.

The company provides software engineering, product development, consulting, cloud services, data and analytics, artificial intelligence, cybersecurity, quality assurance and platform engineering.