Merit Financial Group LLC Boosts Stock Position in EPAM Systems, Inc. $EPAM

Merit Financial Group LLC lifted its position in EPAM Systems, Inc. (NYSE:EPAM) by 429.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,196 shares of the information technology services provider’s stock after buying an additional 9,080 shares during the quarter. Merit Financial Group LLC’s holdings in EPAM Systems were worth $2,294,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EPAM. Ameriprise Financial Inc. raised its holdings in shares of EPAM Systems by 28.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,662,843 shares of the information technology services provider’s stock valued at $401,532,000 after buying an additional 596,760 shares during the period. Barclays PLC raised its holdings in shares of EPAM Systems by 504.1% in the 3rd quarter. Barclays PLC now owns 698,613 shares of the information technology services provider’s stock valued at $105,344,000 after buying an additional 582,966 shares during the period. Van Berkom & Associates Inc. raised its holdings in shares of EPAM Systems by 4,413.0% in the 3rd quarter. Van Berkom & Associates Inc. now owns 369,435 shares of the information technology services provider’s stock valued at $55,707,000 after buying an additional 361,249 shares during the period. Aikya Investment Management Ltd raised its holdings in shares of EPAM Systems by 97.0% in the 3rd quarter. Aikya Investment Management Ltd now owns 704,821 shares of the information technology services provider’s stock valued at $106,280,000 after buying an additional 347,091 shares during the period. Finally, Alyeska Investment Group L.P. raised its holdings in shares of EPAM Systems by 79.1% in the 3rd quarter. Alyeska Investment Group L.P. now owns 644,988 shares of the information technology services provider’s stock valued at $97,258,000 after buying an additional 284,840 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

EPAM has been the subject of several analyst reports. Needham & Company LLC reissued a “buy” rating and set a $175.00 target price on shares of EPAM Systems in a research note on Monday, March 16th. Weiss Ratings reissued a “hold (c-)” rating on shares of EPAM Systems in a research note on Monday, December 29th. Truist Financial lowered their target price on EPAM Systems from $220.00 to $146.00 and set a “hold” rating for the company in a research note on Friday, February 20th. TD Cowen lowered their target price on EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Finally, Zacks Research cut EPAM Systems from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Eleven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $193.56.

EPAM Systems Trading Up 0.2%

EPAM opened at $132.22 on Wednesday. EPAM Systems, Inc. has a 12 month low of $121.63 and a 12 month high of $222.53. The stock has a market capitalization of $6.93 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 1.28 and a beta of 1.73. 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 business has a fifty day moving average price of $139.05 and a 200 day moving average price of $171.25.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 EPS for the quarter, topping the consensus estimate of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the firm posted $2.84 EPS. EPAM Systems’s revenue for the quarter was up 12.8% on a year-over-year basis. 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. Sell-side analysts expect that EPAM Systems, Inc. will post 9.95 earnings per share for the current fiscal year.

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.