Northwestern Mutual Wealth Management Co. Boosts Position in EPAM Systems, Inc. $EPAM

Northwestern Mutual Wealth Management Co. raised its stake in shares of EPAM Systems, Inc. (NYSE:EPAM) by 25,326.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 78,822 shares of the information technology services provider’s stock after buying an additional 78,512 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in EPAM Systems were worth $16,149,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bessemer Group Inc. grew its holdings in EPAM Systems by 7.9% during the 4th quarter. Bessemer Group Inc. now owns 240,974 shares of the information technology services provider’s stock valued at $49,371,000 after buying an additional 17,734 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in EPAM Systems by 140.8% during the 4th quarter. Thrivent Financial for Lutherans now owns 9,318 shares of the information technology services provider’s stock valued at $1,909,000 after buying an additional 5,449 shares in the last quarter. Baader Bank Aktiengesellschaft grew its holdings in EPAM Systems by 24.2% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 27,805 shares of the information technology services provider’s stock valued at $5,697,000 after buying an additional 5,422 shares in the last quarter. World Investment Advisors purchased a new position in EPAM Systems during the 4th quarter valued at about $237,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in EPAM Systems by 22.0% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 10,000 shares of the information technology services provider’s stock valued at $2,049,000 after buying an additional 1,800 shares in the last quarter. 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 a number of recent analyst reports. Citigroup reduced their target price on EPAM Systems from $145.00 to $112.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Truist Financial reduced their target price on EPAM Systems from $146.00 to $112.00 and set a “hold” rating for the company in a report on Friday, May 8th. Wall Street Zen lowered EPAM Systems from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Mizuho boosted their price objective on EPAM Systems from $199.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. Finally, Susquehanna cut their price objective on EPAM Systems from $199.00 to $167.00 and set a “positive” rating for the company in a report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, EPAM Systems currently has a consensus rating of “Hold” and a consensus target price of $155.50.

EPAM Systems Stock Up 3.7%

Shares of NYSE EPAM opened at $104.20 on Thursday. EPAM Systems, Inc. has a 12 month low of $89.25 and a 12 month high of $222.53. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $5.44 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 0.92 and a beta of 1.45. The business has a 50-day moving average of $123.22 and a 200-day moving average of $165.11.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Thursday, May 7th. The information technology services provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.75 by $0.11. EPAM Systems had a return on equity of 14.71% and a net margin of 6.96%.The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the firm earned $2.41 earnings per share. EPAM Systems’s revenue was up 7.6% on a year-over-year basis. EPAM Systems has set its Q2 2026 guidance at 3.100-3.180 EPS. Sell-side analysts expect that EPAM Systems, Inc. will post 10.44 earnings per share for the current fiscal year.

About EPAM Systems

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.