Three Seasons Wealth LLC Makes New Investment in EPAM Systems, Inc. $EPAM

Key Points

• Three Seasons Wealth LLC invested $697,000 in EPAM Systems by purchasing 3,941 shares, indicating growing interest in the company's stock.
• Hedge funds and institutional investors own about 91.58% of EPAM Systems, with several firms significantly increasing their stakes during the first quarter of the year.
• EPAM Systems reported strong quarterly earnings with a net margin of 7.91% and year-over-year revenue growth of 18%, exceeding analysts' expectations.

Three Seasons Wealth LLC purchased a new position in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,941 shares of the information technology services provider's stock, valued at approximately $697,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. IFM Investors Pty Ltd boosted its position in shares of EPAM Systems by 0.7% during the 1st quarter. IFM Investors Pty Ltd now owns 11,326 shares of the information technology services provider's stock worth $1,912,000 after purchasing an additional 76 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in EPAM Systems by 3.2% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,592 shares of the information technology services provider's stock worth $434,000 after acquiring an additional 80 shares in the last quarter. Fifth Third Bancorp increased its stake in EPAM Systems by 6.1% in the first quarter. Fifth Third Bancorp now owns 1,572 shares of the information technology services provider's stock valued at $265,000 after purchasing an additional 91 shares during the period. Empirical Finance LLC increased its stake in shares of EPAM Systems by 7.1% during the first quarter. Empirical Finance LLC now owns 1,457 shares of the information technology services provider's stock worth $246,000 after acquiring an additional 96 shares during the period. Finally, Yousif Capital Management LLC grew its position in EPAM Systems by 1.4% during the first quarter. Yousif Capital Management LLC now owns 7,200 shares of the information technology services provider's stock worth $1,216,000 after buying an additional 97 shares during the period. Institutional investors and hedge funds own 91.58% of the company's stock.

EPAM Systems Stock Down 0.7%

Shares of NYSE EPAM traded down $1.04 during trading hours on Tuesday, hitting $155.39. The company had a trading volume of 217,475 shares, compared to its average volume of 762,632. EPAM Systems, Inc. has a 1-year low of $138.15 and a 1-year high of $269.00. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $8.66 billion, a P/E ratio of 22.18, a price-to-earnings-growth ratio of 2.27 and a beta of 1.66. The firm's 50 day moving average is $163.29 and its 200-day moving average is $167.71.

EPAM Systems (NYSE:EPAM - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The information technology services provider reported $2.77 EPS for the quarter, beating analysts' consensus estimates of $2.61 by $0.16. EPAM Systems had a return on equity of 14.00% and a net margin of 7.91%.The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the firm earned $2.45 earnings per share. EPAM Systems's revenue for the quarter 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. On average, analysts expect that EPAM Systems, Inc. will post 8.9 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on EPAM. TD Cowen raised shares of EPAM Systems from a "hold" rating to a "buy" rating and set a $205.00 price target on the stock in a research note on Monday, August 18th. JPMorgan Chase & Co. reduced their price target on shares of EPAM Systems from $205.00 to $201.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 20th. Morgan Stanley lowered their price objective on shares of EPAM Systems from $210.00 to $175.00 and set an "equal weight" rating on the stock in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft began coverage on shares of EPAM Systems in a research report on Thursday, July 17th. They issued a "hold" rating and a $171.00 target price for the company. Finally, Cowen raised shares of EPAM Systems from a "hold" rating to a "buy" rating in a research report on Monday, August 18th. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $224.06.

EPAM Systems Company 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.