Public Employees Retirement System of Ohio Acquires 187 Shares of EPAM Systems, Inc. $EPAM

Public Employees Retirement System of Ohio raised its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 1.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,001 shares of the information technology services provider’s stock after buying an additional 187 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in EPAM Systems were worth $3,006,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. raised its position in shares of EPAM Systems by 18.1% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,248 shares of the information technology services provider’s stock worth $1,224,000 after acquiring an additional 1,112 shares in the last quarter. SG Americas Securities LLC raised its position in shares of EPAM Systems by 518.9% in the 1st quarter. SG Americas Securities LLC now owns 6,950 shares of the information technology services provider’s stock worth $1,173,000 after acquiring an additional 5,827 shares in the last quarter. Pacific Capital Partners Ltd raised its position in shares of EPAM Systems by 12.5% in the 2nd quarter. Pacific Capital Partners Ltd now owns 22,500 shares of the information technology services provider’s stock worth $3,978,000 after acquiring an additional 2,500 shares in the last quarter. Liontrust Investment Partners LLP bought a new position in shares of EPAM Systems in the 1st quarter worth approximately $6,486,000. Finally, Fifth Third Bancorp raised its position in shares of EPAM Systems by 6.1% in the 1st quarter. Fifth Third Bancorp now owns 1,572 shares of the information technology services provider’s stock worth $265,000 after acquiring an additional 91 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EPAM has been the subject of several research reports. Morgan Stanley decreased their target price on EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft initiated coverage on EPAM Systems in a research report on Thursday, July 17th. They issued a “hold” rating and a $171.00 target price for the company. Wall Street Zen lowered EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Cowen raised EPAM Systems from a “hold” rating to a “buy” rating in a research report on Monday, August 18th. Finally, TD Cowen raised EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Monday, August 18th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, EPAM Systems has a consensus rating of “Moderate Buy” and an average price target of $224.06.

EPAM Systems Stock Up 0.9%

EPAM Systems stock opened at $152.18 on Thursday. The firm has a market cap of $8.48 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 2.19 and a beta of 1.66. The stock has a fifty day simple moving average of $161.38 and a two-hundred day simple moving average of $166.33. EPAM Systems, Inc. has a 12 month low of $138.15 and a 12 month high of $269.00. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last posted its earnings results on Thursday, August 7th. The information technology services provider reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.16. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. EPAM Systems had a return on equity of 14.00% and a net margin of 7.91%.The company’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.45 EPS. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. Equities analysts predict that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.

EPAM Systems Company Profile

EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.