9,583 Shares in EPAM Systems, Inc. $EPAM Acquired by Tocqueville Asset Management L.P.

Key Points

• Tocqueville Asset Management acquired 9,583 EPAM Systems shares during the second quarter, valued at approximately $760,000. Institutional investors collectively own 91.58% of the company.
• EPAM reported quarterly EPS of $3.38, exceeding the $3.16 analyst consensus, while revenue rose 4.6% year over year to $1.41 billion.
• EPAM shares opened at $106.46, with analysts holding a consensus “Hold” rating and an average price target of $116.47.

Tocqueville Asset Management L.P. bought a new position in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 9,583 shares of the information technology services provider's stock, valued at approximately $760,000.

Several other large investors have also recently modified their holdings of EPAM. Sunbelt Securities Inc. grew its stake in shares of EPAM Systems by 4,233.3% in the fourth quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider's stock worth $27,000 after purchasing an additional 127 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in EPAM Systems during the 2nd quarter worth $27,000. 1248 Management LLC bought a new stake in shares of EPAM Systems in the 4th quarter valued at about $32,000. Rothschild Investment LLC grew its position in shares of EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider's stock valued at $33,000 after buying an additional 54 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of EPAM Systems in the second quarter valued at about $30,000. Institutional investors own 91.58% of the company's stock.

EPAM Systems Trading Down 0.8%

EPAM opened at $106.46 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 current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. The company has a market cap of $5.49 billion, a P/E ratio of 14.43, a price-to-earnings-growth ratio of 1.10 and a beta of 1.39. The company has a fifty day moving average price of $91.70 and a two-hundred day moving average price of $116.03.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.41 billion. During the same quarter in the prior year, the firm earned $2.77 EPS. The business'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. Analysts predict that EPAM Systems, Inc. will post 10.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

EPAM has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $135.00 target price on shares of EPAM Systems in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $85.00 price target on shares of EPAM Systems in a research report on Friday, July 10th. Truist Financial reduced their price objective on shares of EPAM Systems from $112.00 to $110.00 and set a "hold" rating on the stock in a research note on Friday, August 7th. Jefferies Financial Group cut shares of EPAM Systems from a "buy" rating to a "hold" rating and cut their price target for the company from $130.00 to $110.00 in a research report on Friday, May 29th. Finally, TD Cowen decreased their price target on EPAM Systems from $131.00 to $120.00 and set a "buy" rating for the company in a report on Friday, August 7th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $116.47.

EPAM Systems 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.

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