Mitsubishi UFJ Asset Management Co. Ltd. Takes $2.22 Million Position in EPAM Systems, Inc. $EPAM

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in EPAM Systems, Inc. (NYSE:EPAM) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 27,954 shares of the information technology services provider’s stock, valued at approximately $2,218,000.

Other institutional investors also recently bought and sold shares of the company. B. Metzler seel. Sohn & Co. AG raised its stake in shares of EPAM Systems by 289.9% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 17,297 shares of the information technology services provider’s stock worth $3,544,000 after buying an additional 12,861 shares during the period. Aikya Investment Management Ltd grew its stake in shares of EPAM Systems by 8.4% during the 4th quarter. Aikya Investment Management Ltd now owns 763,798 shares of the information technology services provider’s stock valued at $156,487,000 after acquiring an additional 58,977 shares during the period. Van Berkom & Associates Inc. increased its holdings in EPAM Systems by 14.6% in the 4th quarter. Van Berkom & Associates Inc. now owns 423,510 shares of the information technology services provider’s stock worth $86,769,000 after acquiring an additional 54,075 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in EPAM Systems by 7.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider’s stock worth $47,199,000 after acquiring an additional 25,152 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in EPAM Systems by 15.9% during the 1st quarter. Bank of America Corp DE now owns 624,699 shares of the information technology services provider’s stock worth $84,584,000 after acquiring an additional 85,480 shares during the period. 91.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. TD Cowen lowered their price target on shares of EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Jefferies Financial Group downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating and decreased their price objective for the company from $130.00 to $110.00 in a research report on Friday, May 29th. Wells Fargo & Company lowered their target price on shares of EPAM Systems from $151.00 to $125.00 and set an “overweight” rating on the stock in a research note on Friday, July 10th. Susquehanna dropped their target price on shares of EPAM Systems from $167.00 to $146.00 and set a “positive” rating for the company in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. cut their price target on EPAM Systems from $142.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $116.47.

EPAM Systems Trading Up 3.5%

EPAM stock opened at $110.49 on Friday. EPAM Systems, Inc. has a 1-year low of $73.06 and a 1-year high of $222.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 14.97, a PEG ratio of 1.10 and a beta of 1.39. The business has a 50 day simple moving average of $92.00 and a two-hundred day simple moving average of $115.99.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $0.22. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. During the same period last year, the firm posted $2.77 EPS. The company’s revenue was up 4.6% on a year-over-year basis. 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 anticipate that EPAM Systems, Inc. will post 10.48 EPS for the current fiscal year.

EPAM Systems Company 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.