Mitsubishi UFJ Asset Management Co. Ltd. Acquires New Position in EPAM Systems, Inc. $EPAM

Key Points

• Mitsubishi UFJ Asset Management acquired 27,954 EPAM Systems shares in the second quarter, worth approximately $2.22 million, while institutional investors collectively own 91.58% of the company.
• EPAM reported quarterly earnings of $3.38 per share, beating estimates of $3.16, with revenue of $1.41 billion and year-over-year growth of 4.6%. The company issued fiscal 2026 EPS guidance of $13.08–$13.24.
• Analyst sentiment is mixed: seven analysts rate EPAM a Buy, nine rate it Hold, and one rates it Sell. The consensus rating is Hold, with an average price target of $116.47.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 27,954 shares of the information technology services provider's stock, valued at approximately $2,218,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.05% of EPAM Systems as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Asset Management One Co. Ltd. increased its position in shares of EPAM Systems by 2.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 2,074 shares of the information technology services provider's stock valued at $439,000 after acquiring an additional 51 shares in the last quarter. Rothschild Investment LLC raised its holdings in EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider's stock worth $33,000 after acquiring an additional 54 shares during the last quarter. Horizon Investments LLC lifted its position in EPAM Systems by 6.4% in the 4th quarter. Horizon Investments LLC now owns 928 shares of the information technology services provider's stock valued at $190,000 after acquiring an additional 56 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in EPAM Systems by 4.5% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,570 shares of the information technology services provider's stock valued at $322,000 after acquiring an additional 67 shares in the last quarter. Finally, Bradley Foster & Sargent Inc. CT boosted its stake in EPAM Systems by 2.8% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 2,686 shares of the information technology services provider's stock valued at $550,000 after purchasing an additional 74 shares during the last quarter. Institutional investors own 91.58% of the company's stock.

EPAM Systems Stock Performance

Shares of EPAM opened at $110.49 on Friday. The firm has a market capitalization of $5.70 billion, a P/E ratio of 14.97, a PEG ratio of 1.10 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. EPAM Systems, Inc. has a one year low of $73.06 and a one year high of $222.53. The business has a fifty day moving average of $92.00 and a 200 day moving average of $115.99.

EPAM Systems (NYSE:EPAM - Get Free Report) last posted its 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. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.EPAM Systems's revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.77 earnings per share. 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, sell-side analysts anticipate that EPAM Systems, Inc. will post 10.48 EPS for the current year.

Analysts Set New Price Targets

EPAM has been the subject of several recent analyst reports. Guggenheim decreased their price target on EPAM Systems from $165.00 to $140.00 and set a "buy" rating for the company in a research note on Monday, August 10th. Needham & Company LLC dropped their price objective on EPAM Systems from $135.00 to $120.00 and set a "buy" rating on the stock in a research report on Thursday, August 6th. William Blair downgraded EPAM Systems from an "outperform" rating to a "market perform" rating in a report on Thursday, August 6th. Jefferies Financial Group lowered EPAM Systems from a "buy" rating to a "hold" rating and decreased their target price for the stock from $130.00 to $110.00 in a research report on Friday, May 29th. Finally, Susquehanna lowered their target price on shares of EPAM Systems from $167.00 to $146.00 and set a "positive" rating on the stock in a research note on Friday, August 7th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target 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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