Assenagon Asset Management S.A. Increases Stock Position in EPAM Systems, Inc. $EPAM

Assenagon Asset Management S.A. boosted its position in shares of EPAM Systems, Inc. (NYSE:EPAM) by 51.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 89,350 shares of the information technology services provider’s stock after buying an additional 30,263 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.16% of EPAM Systems worth $18,306,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Tactive Advisors LLC acquired a new stake in shares of EPAM Systems during the 4th quarter valued at about $261,000. Wealth Enhancement Advisory Services LLC raised its holdings in EPAM Systems by 5.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,218 shares of the information technology services provider’s stock worth $1,576,000 after purchasing an additional 375 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in EPAM Systems by 34.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 232 shares of the information technology services provider’s stock worth $48,000 after purchasing an additional 60 shares during the period. Everhart Financial Group Inc. purchased a new position in EPAM Systems during the fourth quarter worth approximately $318,000. Finally, Park Avenue Securities LLC boosted its position in EPAM Systems by 8.9% during the fourth quarter. Park Avenue Securities LLC now owns 2,162 shares of the information technology services provider’s stock worth $443,000 after purchasing an additional 176 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Citigroup cut their price objective on EPAM Systems from $225.00 to $155.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. TD Cowen reiterated a “buy” rating on shares of EPAM Systems in a research report on Monday, February 23rd. Truist Financial dropped their price target on shares of EPAM Systems from $220.00 to $146.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. JPMorgan Chase & Co. cut their price target on shares of EPAM Systems from $215.00 to $183.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Finally, Needham & Company LLC restated a “buy” rating and set a $175.00 price objective on shares of EPAM Systems in a research report on Monday, March 16th. Eleven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $196.06.

EPAM Systems Price Performance

NYSE:EPAM opened at $135.79 on Friday. The stock has a 50 day moving average of $165.29 and a two-hundred day moving average of $173.97. EPAM Systems, Inc. has a 12 month low of $125.57 and a 12 month high of $222.53. The firm has a market cap of $7.35 billion, a P/E ratio of 20.18, a price-to-earnings-growth ratio of 1.29 and a beta of 1.77. The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter last year, the business posted $2.84 earnings per share. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. 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. On average, 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.