The Manufacturers Life Insurance Company Purchases New Holdings in EPAM Systems, Inc. $EPAM

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

Several other hedge funds and other institutional investors also recently bought and sold shares of EPAM. Rothschild Investment LLC boosted its stake in shares of EPAM Systems by 51.4% during the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock valued at $33,000 after buying an additional 54 shares during the last quarter. Horizon Investments LLC grew its position in shares of EPAM Systems by 6.4% during the fourth quarter. Horizon Investments LLC now owns 928 shares of the information technology services provider’s stock worth $190,000 after buying an additional 56 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of EPAM Systems by 4.5% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,570 shares of the information technology services provider’s stock worth $322,000 after buying an additional 67 shares during the last quarter. Bradley Foster & Sargent Inc. CT increased its stake in shares of EPAM Systems by 2.8% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 2,686 shares of the information technology services provider’s stock worth $550,000 after buying an additional 74 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in EPAM Systems by 4.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,144 shares of the information technology services provider’s stock valued at $439,000 after acquiring an additional 82 shares in the last quarter. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EPAM has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $85.00 price objective on shares of EPAM Systems in a report on Friday, July 10th. William Blair lowered shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. TD Cowen reduced their price target on shares of EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. The Goldman Sachs Group downgraded 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. Finally, Stifel Nicolaus set a $135.00 price objective on EPAM Systems in a report on Thursday, August 6th. Six equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $116.47.

EPAM Systems Stock Performance

EPAM Systems stock opened at $117.18 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. EPAM Systems, Inc. has a 12 month low of $73.06 and a 12 month high of $222.53. The company has a fifty day moving average price of $98.66 and a two-hundred day moving average price of $111.23. The company has a market cap of $6.05 billion, a PE ratio of 15.88, a P/E/G ratio of 1.23 and a beta of 1.38.

EPAM Systems (NYSE:EPAM) last issued its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, topping 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 company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the prior year, the company earned $2.77 earnings per share. The firm’s 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. Research analysts expect that EPAM Systems, Inc. will post 10.47 earnings per share for the current year.

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.