119,912 Shares in EPAM Systems, Inc. $EPAM Acquired by Legal & General Group Plc

Legal & General Group Plc acquired a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 119,912 shares of the information technology services provider’s stock, valued at approximately $9,515,000. Legal & General Group Plc owned approximately 0.23% of EPAM Systems as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Van Berkom & Associates Inc. increased its stake in shares of EPAM Systems by 14.6% in the fourth quarter. Van Berkom & Associates Inc. now owns 423,510 shares of the information technology services provider’s stock worth $86,769,000 after acquiring an additional 54,075 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of EPAM Systems by 7.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider’s stock worth $47,199,000 after acquiring an additional 25,152 shares in the last quarter. Bank Hapoalim BM acquired a new stake in EPAM Systems during the second quarter valued at $1,491,000. Bank of America Corp DE boosted its position in EPAM Systems by 15.9% during the first quarter. Bank of America Corp DE now owns 624,699 shares of the information technology services provider’s stock valued at $84,584,000 after purchasing an additional 85,480 shares during the last quarter. Finally, Lazard Asset Management LLC grew its stake in EPAM Systems by 82.2% in the first quarter. Lazard Asset Management LLC now owns 39,326 shares of the information technology services provider’s stock valued at $5,325,000 after purchasing an additional 17,737 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Trending Headlines about EPAM Systems

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: Activist investor Engine Capital is urging EPAM Systems to consider share buybacks or explore a sale of the company. The campaign could increase pressure on management to improve shareholder returns, pursue strategic alternatives, or unlock value if the stock is viewed as undervalued after its decline from the 52-week high. EPAM Systems gains as activist Engine Capital pushes for buybacks, sales process
• Positive Sentiment: EPAM joined the Wiz Partner Alliance to expand cloud-security remediation services. The partnership may strengthen EPAM’s cybersecurity offerings and support future demand, although the report did not disclose a material contract or financial contribution. EPAM Joins Wiz Partner Alliance to Advance Cloud Security Remediation
• Negative Sentiment: Zacks Research reduced its EPS forecasts for nearly every reported future period, including Q4 2026 to $2.81 from $2.91, FY2027 to $10.96 from $11.17, and FY2028 to $11.82 from $12.21. It also lowered estimates for Q1 2027, Q4 2027, Q1 2028, and Q2 2028. These cuts suggest analysts see somewhat weaker profitability or demand than previously expected and may weigh on the shares, despite the FY2026 estimate rising modestly to $10.44 from $10.30. Zacks Research Predicts Weaker Earnings for EPAM Systems

EPAM Systems Stock Performance

EPAM opened at $116.52 on Wednesday. The company has a market cap of $6.01 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 1.21 and a beta of 1.38. The stock has a 50-day moving average of $96.31 and a 200-day moving average of $111.83. EPAM Systems, Inc. has a 52-week low of $73.06 and a 52-week high of $222.53. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data 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. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the firm posted $2.77 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. 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, equities research analysts forecast that EPAM Systems, Inc. will post 10.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on EPAM. Guggenheim cut 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. JPMorgan Chase & Co. cut EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 price target for the company. in a research note on Wednesday, August 26th. Morgan Stanley set a $97.00 price objective on shares of EPAM Systems in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $85.00 target price on shares of EPAM Systems in a research note on Friday, July 10th. Finally, Wedbush initiated coverage on shares of EPAM Systems in a research report on Monday, June 15th. They issued a “neutral” rating and a $99.00 target price for the company. Six analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, EPAM Systems has an average rating of “Hold” and an average price target of $116.47.

EPAM Systems Company 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.