Bessemer Group Inc. Boosts Stake in EPAM Systems, Inc. $EPAM

Bessemer Group Inc. raised its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 7.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 240,974 shares of the information technology services provider’s stock after purchasing an additional 17,734 shares during the period. Bessemer Group Inc.’s holdings in EPAM Systems were worth $49,371,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its stake in shares of EPAM Systems by 28.9% in the third quarter. Ameriprise Financial Inc. now owns 2,662,843 shares of the information technology services provider’s stock valued at $401,532,000 after buying an additional 596,760 shares in the last quarter. Barclays PLC grew its stake in shares of EPAM Systems by 504.1% in the third quarter. Barclays PLC now owns 698,613 shares of the information technology services provider’s stock valued at $105,344,000 after buying an additional 582,966 shares in the last quarter. Van Berkom & Associates Inc. grew its stake in shares of EPAM Systems by 4,413.0% in the third quarter. Van Berkom & Associates Inc. now owns 369,435 shares of the information technology services provider’s stock valued at $55,707,000 after buying an additional 361,249 shares in the last quarter. Aikya Investment Management Ltd grew its stake in shares of EPAM Systems by 97.0% in the third quarter. Aikya Investment Management Ltd now owns 704,821 shares of the information technology services provider’s stock valued at $106,280,000 after buying an additional 347,091 shares in the last quarter. Finally, Alyeska Investment Group L.P. grew its stake in shares of EPAM Systems by 79.1% in the third quarter. Alyeska Investment Group L.P. now owns 644,988 shares of the information technology services provider’s stock valued at $97,258,000 after buying an additional 284,840 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EPAM. Needham & Company LLC dropped their price objective on EPAM Systems from $175.00 to $135.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Weiss Ratings cut EPAM Systems from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 7th. Morgan Stanley set a $112.00 price objective on EPAM Systems in a research note on Friday, May 8th. Guggenheim dropped their price objective on EPAM Systems from $225.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Finally, Mizuho lifted their price objective on EPAM Systems from $199.00 to $200.00 and gave the company an “outperform” rating in a research note on Monday, March 16th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, EPAM Systems presently has a consensus rating of “Hold” and a consensus target price of $155.50.

EPAM Systems Trading Up 3.6%

EPAM opened at $92.91 on Friday. EPAM Systems, Inc. has a 12 month low of $89.25 and a 12 month high of $222.53. The stock has a market capitalization of $4.85 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 0.85 and a beta of 1.45. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.67 and a quick ratio of 2.67. The business has a fifty day moving average price of $125.86 and a 200 day moving average price of $166.34.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, May 7th. The information technology services provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.75 by $0.11. EPAM Systems had a return on equity of 14.71% and a net margin of 6.96%.The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the firm posted $2.41 EPS. EPAM Systems’s revenue for the quarter was up 7.6% on a year-over-year basis. EPAM Systems has set its Q2 2026 guidance at 3.100-3.180 EPS. Sell-side analysts expect that EPAM Systems, Inc. will post 10.08 earnings per share for the current fiscal year.

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.