Ameriprise Financial Inc. Raises Stake in EPAM Systems, Inc. $EPAM

Ameriprise Financial Inc. increased its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 28.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,662,843 shares of the information technology services provider’s stock after buying an additional 596,760 shares during the quarter. Ameriprise Financial Inc. owned about 4.82% of EPAM Systems worth $401,532,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC purchased a new position in shares of EPAM Systems in the 4th quarter valued at about $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in EPAM Systems by 68.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider’s stock valued at $1,611,000 after purchasing an additional 3,880 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in EPAM Systems by 53.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 335,150 shares of the information technology services provider’s stock valued at $56,587,000 after acquiring an additional 117,170 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of EPAM Systems in the first quarter valued at approximately $229,000. Finally, Empowered Funds LLC grew its holdings in EPAM Systems by 134.1% in the 1st quarter. Empowered Funds LLC now owns 2,254 shares of the information technology services provider’s stock valued at $381,000 after buying an additional 1,291 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on EPAM shares. Citigroup decreased their target price on shares of EPAM Systems from $225.00 to $155.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. The Goldman Sachs Group reduced their price target on shares of EPAM Systems from $250.00 to $235.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of EPAM Systems in a report on Monday, December 29th. Wall Street Zen lowered EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, TD Cowen reissued a “buy” rating on shares of EPAM Systems in a research note on Monday, February 23rd. Eleven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, EPAM Systems currently has a consensus rating of “Moderate Buy” and an average target price of $196.06.

EPAM Systems Trading Up 0.0%

EPAM opened at $137.19 on Tuesday. The business has a fifty day moving average price of $178.24 and a 200 day moving average price of $176.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 2.59. EPAM Systems, Inc. has a 12 month low of $125.57 and a 12 month high of $222.53. The stock has a market capitalization of $7.43 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 1.41 and a beta of 1.77.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $0.10. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.39 billion. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the business 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 expect that EPAM Systems, Inc. will post 8.9 earnings per share for the current fiscal year.

About EPAM Systems

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.