Norris Perne & French LLP MI Has $24.59 Million Stake in EPAM Systems, Inc. $EPAM

Key Points

• Norris Perne & French LLP MI increased its EPAM position by 49.9% to 120,018 shares worth about $24.59 million, representing roughly 1.6% of the firm's portfolio (EPAM is ~0.22% of EPAM) while institutional investors own 91.58% of the stock.
• EPAM beat Q4 estimates with $3.26 EPS and $1.41B revenue (up 12.8% YoY), provided FY2026 EPS guidance of 12.600–12.900 and Q1 guidance of 2.700–2.780, and carries a MarketBeat consensus of "Moderate Buy" with a $193.56 target while trading near $124.96 (52‑week range $121.63–$222.53).

Norris Perne & French LLP MI grew its position in EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 49.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,018 shares of the information technology services provider's stock after buying an additional 39,973 shares during the quarter. EPAM Systems accounts for about 1.6% of Norris Perne & French LLP MI's portfolio, making the stock its 24th largest holding. Norris Perne & French LLP MI owned about 0.22% of EPAM Systems worth $24,589,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Manning & Napier Advisors LLC acquired a new position in shares of EPAM Systems in the 3rd quarter valued at approximately $25,000. CYBER HORNET ETFs LLC acquired a new position in shares of EPAM Systems in the 2nd quarter valued at approximately $27,000. True Wealth Design LLC raised its position in shares of EPAM Systems by 1,870.0% in the 3rd quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider's stock valued at $30,000 after buying an additional 187 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in shares of EPAM Systems in the 2nd quarter valued at approximately $30,000. Finally, Sound Income Strategies LLC raised its position in shares of EPAM Systems by 279.5% in the 4th quarter. Sound Income Strategies LLC now owns 148 shares of the information technology services provider's stock valued at $31,000 after buying an additional 109 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EPAM. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of EPAM Systems in a report on Monday, December 29th. JPMorgan Chase & Co. decreased their price target on shares of EPAM Systems from $215.00 to $183.00 and set an "overweight" rating on the stock in a report on Friday, February 20th. TD Cowen decreased their price target on shares of EPAM Systems from $220.00 to $213.00 and set a "buy" rating on the stock in a report on Monday, April 6th. Morgan Stanley set a $160.00 price target on shares of EPAM Systems in a report on Friday, February 20th. Finally, Wall Street Zen lowered shares of EPAM Systems from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Eleven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $193.56.

EPAM Systems Trading Up 2.0%

EPAM opened at $124.96 on Tuesday. EPAM Systems, Inc. has a fifty-two week low of $121.63 and a fifty-two week high of $222.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 2.59. The firm has a market capitalization of $6.55 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 1.19 and a beta of 1.73. The company's 50 day moving average price is $145.75 and its two-hundred day moving average price is $172.22.

EPAM Systems (NYSE:EPAM - Get Free Report) last posted its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, topping analysts' consensus estimates of $3.16 by $0.10. EPAM Systems had a net margin of 6.92% and a return on equity of 13.57%. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the previous year, the firm posted $2.84 EPS. The company's revenue for the quarter was up 12.8% compared to the same quarter last year. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. As a group, research analysts predict that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

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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