Elo Mutual Pension Insurance Co Purchases New Holdings in EPAM Systems, Inc. $EPAM

Elo Mutual Pension Insurance Co acquired a new position in EPAM Systems, Inc. (NYSE:EPAM) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 12,007 shares of the information technology services provider’s stock, valued at approximately $1,811,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of EPAM Systems by 0.4% in the third quarter. Vanguard Group Inc. now owns 7,014,935 shares of the information technology services provider’s stock valued at $1,057,782,000 after purchasing an additional 29,763 shares in the last quarter. Invesco Ltd. raised its stake in shares of EPAM Systems by 14.9% in the 2nd quarter. Invesco Ltd. now owns 4,102,790 shares of the information technology services provider’s stock valued at $725,455,000 after buying an additional 533,292 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of EPAM Systems by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 1,418,287 shares of the information technology services provider’s stock valued at $250,752,000 after buying an additional 15,936 shares in the last quarter. Baillie Gifford & Co. lifted its holdings in shares of EPAM Systems by 20.7% during the 3rd quarter. Baillie Gifford & Co. now owns 1,293,857 shares of the information technology services provider’s stock worth $195,101,000 after acquiring an additional 221,544 shares during the period. Finally, Norges Bank acquired a new stake in shares of EPAM Systems during the 2nd quarter valued at about $137,671,000. 91.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on EPAM. TD Cowen reissued a “buy” rating on shares of EPAM Systems in a research report on Monday, February 23rd. Wall Street Zen upgraded EPAM Systems from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Zacks Research cut EPAM Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Needham & Company LLC dropped their price objective on EPAM Systems from $215.00 to $175.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. reduced their target price on shares of EPAM Systems from $215.00 to $183.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Eleven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $197.81.

EPAM Systems Price Performance

EPAM opened at $140.94 on Thursday. EPAM Systems, Inc. has a one year low of $125.57 and a one year high of $222.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 2.59. The company’s 50 day simple moving average is $188.74 and its 200-day simple moving average is $177.69. The stock has a market capitalization of $7.63 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 1.44 and a beta of 1.77.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, topping the consensus estimate of $3.16 by $0.10. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.39 billion. EPAM Systems had a net margin of 6.92% and a return on equity of 13.57%. EPAM Systems’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.84 EPS. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. Sell-side analysts anticipate that EPAM Systems, Inc. will post 8.9 earnings per share for the current fiscal year.

Insider Transactions at EPAM Systems

In related news, SVP Boris Shnayder sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $207.00, for a total value of $1,035,000.00. Following the transaction, the senior vice president owned 15,645 shares in the company, valued at $3,238,515. This trade represents a 24.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 4.30% of the stock is currently owned by corporate insiders.

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.