Legal & General Group Plc Makes New $9.52 Million Investment in EPAM Systems, Inc. $EPAM

Legal & General Group Plc purchased a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 119,912 shares of the information technology services provider’s stock, valued at approximately $9,515,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Van Berkom & Associates Inc. lifted its position in shares of EPAM Systems by 14.6% during 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 purchasing an additional 54,075 shares during the last quarter. Arrowstreet Capital Limited Partnership grew 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 valued at $47,199,000 after buying an additional 25,152 shares during the last quarter. Bank Hapoalim BM bought a new position in EPAM Systems in the 2nd quarter worth approximately $1,491,000. Bank of America Corp DE increased its position in EPAM Systems by 15.9% in 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 buying an additional 85,480 shares during the period. Finally, Lazard Asset Management LLC lifted its holdings in shares of EPAM Systems by 82.2% during the first quarter. Lazard Asset Management LLC now owns 39,326 shares of the information technology services provider’s stock worth $5,325,000 after buying an additional 17,737 shares during the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

EPAM Systems Stock Performance

Shares of NYSE EPAM opened at $116.52 on Wednesday. The business has a fifty day simple moving average of $96.31 and a 200 day simple moving average of $111.83. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 1.21 and a beta of 1.38. EPAM Systems, Inc. has a one year low of $73.06 and a one year high of $222.53.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $3.16 by $0.22. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.77 earnings per share. 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. Sell-side analysts expect that EPAM Systems, Inc. will post 10.47 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on EPAM. TD Cowen reduced their price objective on EPAM Systems from $131.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of EPAM Systems in a research note on Tuesday, August 4th. Truist Financial reduced their price target on shares of EPAM Systems from $112.00 to $110.00 and set a “hold” rating for the company in a report on Friday, August 7th. Wedbush assumed coverage on shares of EPAM Systems in a research report on Monday, June 15th. They issued a “neutral” rating and a $99.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $85.00 price objective on shares of EPAM Systems in a research report on Friday, July 10th. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $116.47.

Key Headlines Impacting EPAM Systems

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: Activist investor Engine Capital is urging EPAM Systems to consider share buybacks or explore a sale of the company. The campaign could increase pressure on management to improve shareholder returns, pursue strategic alternatives, or unlock value if the stock is viewed as undervalued after its decline from the 52-week high. EPAM Systems gains as activist Engine Capital pushes for buybacks, sales process
• Positive Sentiment: EPAM joined the Wiz Partner Alliance to expand cloud-security remediation services. The partnership may strengthen EPAM’s cybersecurity offerings and support future demand, although the report did not disclose a material contract or financial contribution. EPAM Joins Wiz Partner Alliance to Advance Cloud Security Remediation
• Negative Sentiment: Zacks Research reduced its EPS forecasts for nearly every reported future period, including Q4 2026 to $2.81 from $2.91, FY2027 to $10.96 from $11.17, and FY2028 to $11.82 from $12.21. It also lowered estimates for Q1 2027, Q4 2027, Q1 2028, and Q2 2028. These cuts suggest analysts see somewhat weaker profitability or demand than previously expected and may weigh on the shares, despite the FY2026 estimate rising modestly to $10.44 from $10.30. Zacks Research Predicts Weaker Earnings for EPAM Systems

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.