B. Metzler seel. Sohn & Co. AG Has $996,000 Holdings in EPAM Systems, Inc. $EPAM

Key Points

• B. Metzler seel. Sohn & Co. AG significantly increased its stake in EPAM Systems, Inc. by 303.4% during the first quarter, bringing its total holdings to a value of $996,000.
• EPAM Systems outperformed analysts' expectations by reporting $2.77 EPS and $1.35 billion in revenue for its last quarter, with an 18% year-over-year revenue growth.
• A majority of the stock, 91.58%, is owned by institutional investors and hedge funds, indicating a strong interest from major financial players in EPAM's performance.

B. Metzler seel. Sohn & Co. AG raised its holdings in EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 303.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,898 shares of the information technology services provider's stock after buying an additional 4,436 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in EPAM Systems were worth $996,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of EPAM Systems by 397.7% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 647 shares of the information technology services provider's stock worth $109,000 after purchasing an additional 517 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in EPAM Systems by 9.4% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 309,006 shares of the information technology services provider's stock valued at $52,173,000 after purchasing an additional 26,646 shares during the last quarter. AlphaQuest LLC raised its stake in EPAM Systems by 22.3% during the 1st quarter. AlphaQuest LLC now owns 2,458 shares of the information technology services provider's stock valued at $415,000 after purchasing an additional 448 shares during the period. Allstate Corp grew its holdings in shares of EPAM Systems by 67.7% during the 1st quarter. Allstate Corp now owns 2,817 shares of the information technology services provider's stock valued at $476,000 after acquiring an additional 1,137 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in EPAM Systems by 4.1% in the first quarter. Ameriprise Financial Inc. now owns 2,270,561 shares of the information technology services provider's stock worth $383,267,000 after purchasing an additional 89,418 shares in the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

EPAM Systems Stock Down 0.3%

Shares of NYSE:EPAM traded down $0.52 during trading on Wednesday, hitting $174.18. 586,886 shares of the company's stock traded hands, compared to its average volume of 749,355. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $168.21 and a 200-day moving average price of $173.62. EPAM Systems, Inc. has a 52 week low of $138.15 and a 52 week high of $269.00. The company has a market cap of $9.70 billion, a price-to-earnings ratio of 24.85, a price-to-earnings-growth ratio of 2.56 and a beta of 1.66.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The information technology services provider reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.61 by $0.16. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The company had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.33 billion. During the same quarter in the prior year, the company earned $2.45 earnings per share. The business's quarterly revenue was up 18.0% compared to the same quarter last year. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. As a group, research analysts forecast that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on EPAM shares. Piper Sandler lifted their price objective on EPAM Systems from $170.00 to $194.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. JPMorgan Chase & Co. lowered their price target on shares of EPAM Systems from $205.00 to $201.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. Barclays increased their price objective on EPAM Systems from $200.00 to $215.00 and gave the company an "overweight" rating in a research report on Monday, May 12th. Deutsche Bank Aktiengesellschaft began coverage on EPAM Systems in a research report on Thursday, July 17th. They set a "hold" rating and a $171.00 target price for the company. Finally, Cowen upgraded EPAM Systems from a "hold" rating to a "buy" rating in a report on Monday, August 18th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $226.25.

About EPAM Systems

EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.