8,690 EPAM Systems, Inc. $EPAM Shares Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management cut its EPAM Systems stake by 32.3%, selling 8,690 shares during the third quarter and retaining 18,200 shares valued at approximately $1.97 million.
• Institutional investors own 91.58% of EPAM, while several other funds increased their positions during the reporting periods.
• Analysts maintain a consensus “Hold” rating with a $116.47 target price, despite EPAM exceeding quarterly earnings expectations with $3.38 in EPS versus a $3.16 estimate.

Robeco Institutional Asset Management B.V. reduced its stake in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 32.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,200 shares of the information technology services provider's stock after selling 8,690 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in EPAM Systems were worth $1,972,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Rockefeller Capital Management L.P. lifted its position in EPAM Systems by 4.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,144 shares of the information technology services provider's stock worth $439,000 after purchasing an additional 82 shares during the period. Bradley Foster & Sargent Inc. CT grew its stake in EPAM Systems by 4.7% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 2,812 shares of the information technology services provider's stock worth $381,000 after buying an additional 126 shares in the last quarter. Leonteq Securities AG grew its stake in EPAM Systems by 37.2% during the first quarter. Leonteq Securities AG now owns 804 shares of the information technology services provider's stock worth $109,000 after buying an additional 218 shares in the last quarter. Baker Tilly Wealth Management LLC increased its holdings in EPAM Systems by 6.0% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 3,911 shares of the information technology services provider's stock valued at $424,000 after buying an additional 222 shares during the period. Finally, Elevation Wealth Partners LLC increased its holdings in EPAM Systems by 94.1% in the 3rd quarter. Elevation Wealth Partners LLC now owns 493 shares of the information technology services provider's stock valued at $53,000 after buying an additional 239 shares during the period. Institutional investors own 91.58% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on EPAM shares. Guggenheim reduced their target price on EPAM Systems from $165.00 to $140.00 and set a "buy" rating on the stock in a report on Monday, August 10th. JPMorgan Chase & Co. cut EPAM Systems from an "overweight" rating to a "neutral" rating and set a $120.00 price target for the company. in a report on Wednesday, August 26th. Morgan Stanley set a $97.00 price objective on EPAM Systems in a research report on Friday, August 7th. Wells Fargo & Company reduced their price objective on EPAM Systems from $151.00 to $125.00 and set an "overweight" rating on the stock in a research note on Friday, July 10th. Finally, Truist Financial reduced their price objective on EPAM Systems from $112.00 to $110.00 and set a "hold" rating on the stock in a research note on Friday, August 7th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $116.47.

EPAM Systems Stock Performance

Shares of EPAM Systems stock opened at $136.25 on Monday. 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 business has a 50-day moving average price of $115.06 and a two-hundred day moving average price of $105.31. EPAM Systems, Inc. has a 1-year low of $73.06 and a 1-year high of $222.53. The company has a market cap of $7.03 billion, a P/E ratio of 18.46, a PEG ratio of 1.42 and a beta of 1.39.

EPAM Systems (NYSE:EPAM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, topping the consensus estimate of $3.16 by $0.22. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%. The business's quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the company posted $2.77 EPS. 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. As a group, analysts anticipate that EPAM Systems, Inc. will post 10.47 EPS for the current year.

About EPAM Systems

EPAM Systems, Inc is a global digital engineering and technology services company that helps organizations design, develop and modernize software and digital platforms. Its services support digital transformation initiatives across industries, including financial services, healthcare, life sciences, retail, travel and consumer products.

The company provides software engineering, product development, consulting, cloud services, data and analytics, artificial intelligence, cybersecurity, quality assurance and platform engineering.

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