WINTON GROUP Ltd Has $10.43 Million Stock Position in EPAM Systems, Inc. $EPAM

Key Points

• WINTON GROUP Ltd increased its EPAM Systems stake by 31% in the second quarter, acquiring 31,134 additional shares and bringing its holdings to 131,440 shares valued at approximately $10.43 million.
• Institutional ownership remains substantial at 91.58%, with major investors including BlackRock, California State Teachers Retirement System, Boston Partners, Capital World Investors, and Norges Bank making significant purchases or additions.
• EPAM reported quarterly EPS of $3.38, exceeding the $3.16 consensus estimate, while revenue rose 4.6% year over year to $1.41 billion. Despite the earnings beat, analysts maintain a consensus “Hold” rating with an average price target of $116.47.

WINTON GROUP Ltd raised its position in EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 31.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,440 shares of the information technology services provider's stock after purchasing an additional 31,134 shares during the quarter. WINTON GROUP Ltd owned approximately 0.25% of EPAM Systems worth $10,430,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EPAM. BlackRock Inc. acquired a new position in EPAM Systems in the second quarter worth approximately $526,684,000. California State Teachers Retirement System grew its position in EPAM Systems by 7,210.2% in the second quarter. California State Teachers Retirement System now owns 4,702,202 shares of the information technology services provider's stock worth $373,120,000 after acquiring an additional 4,637,878 shares in the last quarter. Boston Partners acquired a new position in shares of EPAM Systems during the 4th quarter worth $349,428,000. Capital World Investors increased its stake in shares of EPAM Systems by 59.4% during the 4th quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider's stock worth $753,874,000 after purchasing an additional 1,371,557 shares during the last quarter. Finally, Norges Bank bought a new position in shares of EPAM Systems during the 4th quarter valued at $147,870,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

EPAM Systems Price Performance

NYSE:EPAM opened at $114.98 on Thursday. 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 company has a fifty day moving average price of $100.71 and a 200 day moving average price of $109.99. The stock has a market cap of $5.93 billion, a P/E ratio of 15.58, a PEG ratio of 1.18 and a beta of 1.38.

EPAM Systems (NYSE:EPAM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the firm posted $2.77 EPS. The business's revenue was up 4.6% compared to the same quarter last year. 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. Analysts anticipate that EPAM Systems, Inc. will post 10.47 earnings per share for the current year.

Wall Street Analyst Weigh In

EPAM has been the subject of a number of recent research reports. Truist Financial decreased their price objective on shares of EPAM Systems from $112.00 to $110.00 and set a "hold" rating for the company in a report on Friday, August 7th. TD Cowen reduced their price target on EPAM Systems from $131.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, August 7th. Wells Fargo & Company decreased their price target on EPAM Systems from $151.00 to $125.00 and set an "overweight" rating for the company in a research note on Friday, July 10th. Jefferies Financial Group downgraded EPAM Systems from a "buy" rating to a "hold" rating and cut their price objective for the company from $130.00 to $110.00 in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. downgraded EPAM Systems from an "overweight" rating to a "neutral" rating and set a $120.00 price target on the stock. in a report on Wednesday, August 26th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, EPAM Systems currently has a consensus 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.

Want to see what other hedge funds are holding EPAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPAM Systems, Inc. (NYSE:EPAM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.