Public Employees Retirement System of Ohio Buys Shares of 14,512 EPAM Systems, Inc. $EPAM

Key Points

• Public Employees Retirement System of Ohio purchased 14,512 EPAM Systems shares in the second quarter, valued at approximately $1.15 million. Institutional investors collectively own 91.58% of the company.
• Analyst sentiment is mixed, with six Buy ratings, ten Holds and one Sell; EPAM has a consensus rating of Hold and an average price target of $116.47.
• EPAM reported quarterly adjusted EPS of $3.38, exceeding estimates of $3.16, while revenue reached $1.41 billion and increased 4.6% year over year.

Public Employees Retirement System of Ohio purchased a new position in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,512 shares of the information technology services provider's stock, valued at approximately $1,152,000.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in EPAM Systems during the second quarter worth $526,684,000. Capital World Investors increased its stake in EPAM Systems by 59.4% in the 4th quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider's stock valued at $753,874,000 after buying an additional 1,371,557 shares during the last quarter. Boston Partners acquired a new stake in EPAM Systems in the 4th quarter valued at $349,428,000. JPMorgan Chase & Co. lifted its position in EPAM Systems by 56.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,147,930 shares of the information technology services provider's stock worth $235,188,000 after buying an additional 416,324 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of EPAM Systems by 25.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,069,284 shares of the information technology services provider's stock worth $144,789,000 after buying an additional 219,388 shares during the last quarter. Institutional investors own 91.58% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Susquehanna lowered their target price on EPAM Systems from $167.00 to $146.00 and set a "positive" rating on the stock in a research report on Friday, August 7th. Weiss Ratings restated a "sell (d+)" rating on shares of EPAM Systems in a research note on Tuesday, August 4th. Stifel Nicolaus set a $135.00 price target on EPAM Systems in a research report on Thursday, August 6th. Mizuho set a $130.00 price objective on EPAM Systems in a research note on Monday, August 10th. Finally, JPMorgan Chase & Co. downgraded EPAM Systems from an "overweight" rating to a "neutral" rating and set a $120.00 price objective for the company. in a report on Wednesday, August 26th. Six investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $116.47.

EPAM Systems Stock Performance

NYSE EPAM opened at $115.31 on Wednesday. The stock has a market cap of $5.95 billion, a PE ratio of 15.63, a P/E/G ratio of 1.20 and a beta of 1.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. The firm has a 50-day moving average of $100.12 and a 200-day moving average of $110.16. EPAM Systems, Inc. has a 52-week low of $73.06 and a 52-week high of $222.53.

EPAM Systems (NYSE:EPAM - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, beating analysts' consensus estimates of $3.16 by $0.22. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. EPAM Systems's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.77 EPS. 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. On average, sell-side analysts anticipate that EPAM Systems, Inc. will post 10.47 EPS 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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