Alyeska Investment Group L.P. Buys New Position in EPAM Systems, Inc. $EPAM

Key Points

• Alyeska Investment Group initiated a position in EPAM Systems, purchasing 21,089 shares worth approximately $1.67 million. Institutional investors and hedge funds collectively own 91.58% of the company.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $116.47 after several firms recently cut their targets.
• EPAM exceeded quarterly earnings expectations, reporting $3.38 in EPS versus a $3.16 estimate, while revenue rose 4.6% year over year to $1.41 billion. Activist investor Engine Capital is urging the company to pursue share buybacks or consider a sale.

Alyeska Investment Group L.P. bought a new position in EPAM Systems, Inc. (NYSE:EPAM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 21,089 shares of the information technology services provider's stock, valued at approximately $1,673,000.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC purchased a new stake in shares of EPAM Systems during the 4th quarter valued at $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in EPAM Systems by 68.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider's stock valued at $1,611,000 after acquiring an additional 3,880 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in EPAM Systems by 53.8% in the first quarter. Goldman Sachs Group Inc. now owns 335,150 shares of the information technology services provider's stock valued at $56,587,000 after acquiring an additional 117,170 shares during the last quarter. United Services Automobile Association acquired a new stake in EPAM Systems during the first quarter worth about $229,000. Finally, Empowered Funds LLC raised its holdings in shares of EPAM Systems by 134.1% in the 1st quarter. Empowered Funds LLC now owns 2,254 shares of the information technology services provider's stock worth $381,000 after purchasing an additional 1,291 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EPAM has been the subject of a number of research reports. Morgan Stanley set a $97.00 target price on EPAM Systems in a report on Friday, August 7th. Truist Financial cut their target price 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. Guggenheim lowered their price target on EPAM Systems from $165.00 to $140.00 and set a "buy" rating for the company in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $85.00 price objective on shares of EPAM Systems in a research report on Friday, July 10th. Finally, Susquehanna decreased their target price on EPAM Systems from $167.00 to $146.00 and set a "positive" rating for the company in a research report on Friday, August 7th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $116.47.

Key Stories 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 Price Performance

EPAM opened at $116.52 on Wednesday. The company has a market capitalization of $6.01 billion, a P/E ratio of 15.79, a PEG ratio of 1.21 and a beta of 1.38. The company has a 50-day moving average of $96.31 and a 200-day moving average of $111.83. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. EPAM Systems, Inc. has a 1-year low of $73.06 and a 1-year high of $222.53.

EPAM Systems (NYSE:EPAM - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, beating analysts' consensus estimates of $3.16 by $0.22. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the business earned $2.77 EPS. The business's quarterly 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. Equities analysts expect that EPAM Systems, Inc. will post 10.47 EPS for the current fiscal year.

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.

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