EPAM Systems, Inc. $EPAM Position Cut by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. trimmed its stake in EPAM Systems, Inc. (NYSE:EPAM) by 11.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 57,789 shares of the information technology services provider’s stock after selling 7,251 shares during the quarter. Oppenheimer Asset Management Inc. owned approximately 0.10% of EPAM Systems worth $11,840,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Asset Management One Co. Ltd. lifted its stake in EPAM Systems by 2.5% in the fourth quarter. Asset Management One Co. Ltd. now owns 2,074 shares of the information technology services provider’s stock valued at $439,000 after buying an additional 51 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in EPAM Systems by 34.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 232 shares of the information technology services provider’s stock valued at $48,000 after buying an additional 60 shares during the last quarter. CVA Family Office LLC lifted its stake in EPAM Systems by 25.1% in the fourth quarter. CVA Family Office LLC now owns 309 shares of the information technology services provider’s stock valued at $63,000 after buying an additional 62 shares during the last quarter. CWM LLC boosted its position in shares of EPAM Systems by 1.1% during the third quarter. CWM LLC now owns 6,546 shares of the information technology services provider’s stock worth $987,000 after buying an additional 71 shares during the period. Finally, Perpetual Ltd grew its holdings in EPAM Systems by 2.5% in the 4th quarter. Perpetual Ltd now owns 2,897 shares of the information technology services provider’s stock worth $594,000 after buying an additional 72 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors.

EPAM Systems Price Performance

Shares of NYSE:EPAM opened at $112.22 on Friday. EPAM Systems, Inc. has a one year low of $109.70 and a one year high of $222.53. The stock has a fifty day moving average of $132.74 and a 200-day moving average of $169.43. The company has a market capitalization of $5.89 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 1.11 and a beta of 1.73. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.59 and a current ratio of 2.59.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, February 19th. The information technology services provider reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the firm earned $2.84 EPS. The company’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. As a group, equities analysts anticipate that EPAM Systems, Inc. will post 9.94 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on EPAM. Wells Fargo & Company decreased their price objective on EPAM Systems from $247.00 to $195.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Citigroup decreased their price objective on EPAM Systems from $155.00 to $145.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. JPMorgan Chase & Co. decreased their price objective on EPAM Systems from $215.00 to $183.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Zacks Research lowered EPAM Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Finally, TD Cowen decreased their price objective on EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a report on Monday, April 6th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, EPAM Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $188.23.

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.