38,415 Shares in EPAM Systems, Inc. $EPAM Bought by Liontrust Investment Partners LLP

Key Points

• Liontrust Investment Partners LLP acquired a new position in EPAM Systems, purchasing 38,415 shares valued at approximately $6.5 million, representing about 0.07% ownership in the company.
• Multiple institutional investors, including Invesco and Ameriprise Financial, significantly increased their positions in EPAM, indicating strong investor confidence in the stock.
• EPAM Systems reported a Q2 earnings per share of $2.77, beating expectations and reflecting an 18% increase in revenue year-over-year to $1.35 billion.

Liontrust Investment Partners LLP acquired a new position in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 38,415 shares of the information technology services provider's stock, valued at approximately $6,486,000. Liontrust Investment Partners LLP owned about 0.07% of EPAM Systems as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of EPAM Systems by 2,500.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 130 shares of the information technology services provider's stock valued at $30,000 after purchasing an additional 125 shares during the period. Sentry Investment Management LLC acquired a new position in EPAM Systems in the 1st quarter valued at about $33,000. CX Institutional purchased a new stake in shares of EPAM Systems in the 1st quarter valued at approximately $42,000. First Horizon Advisors Inc. increased its holdings in shares of EPAM Systems by 79.5% during the 1st quarter. First Horizon Advisors Inc. now owns 481 shares of the information technology services provider's stock worth $81,000 after buying an additional 213 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in EPAM Systems by 149.2% in the first quarter. IFP Advisors Inc now owns 785 shares of the information technology services provider's stock valued at $133,000 after acquiring an additional 470 shares during the last quarter. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Scotiabank lowered their price target on EPAM Systems from $250.00 to $200.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 29th. Morgan Stanley lowered their target price on shares of EPAM Systems from $250.00 to $210.00 and set an "equal weight" rating for the company in a research note on Friday, May 9th. Guggenheim boosted their price target on shares of EPAM Systems from $210.00 to $215.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Wall Street Zen upgraded shares of EPAM Systems from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, TD Cowen upgraded shares of EPAM Systems from a "hold" rating to a "buy" rating and set a $205.00 target price for the company in a report on Monday. Thirteen equities research 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, EPAM Systems presently has an average rating of "Moderate Buy" and a consensus price target of $226.25.

EPAM Systems Stock Down 0.6%

Shares of NYSE EPAM traded down $0.9610 during mid-day trading on Wednesday, hitting $166.5690. The company had a trading volume of 742,860 shares, compared to its average volume of 838,505. The company has a market capitalization of $9.28 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 2.43 and a beta of 1.67. The business's 50-day simple moving average is $167.42 and its 200 day simple moving average is $179.72. EPAM Systems, Inc. has a 1-year low of $138.15 and a 1-year high of $269.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 3.17.

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

EPAM Systems Profile

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.