M&T Bank Corp Grows Position in EPAM Systems, Inc. $EPAM

M&T Bank Corp raised its position in shares of EPAM Systems, Inc. (NYSE:EPAM) by 422.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,371 shares of the information technology services provider’s stock after purchasing an additional 5,961 shares during the quarter. M&T Bank Corp’s holdings in EPAM Systems were worth $1,510,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Manning & Napier Advisors LLC purchased a new position in EPAM Systems during the 3rd quarter valued at approximately $25,000. CYBER HORNET ETFs LLC purchased a new position in shares of EPAM Systems in the 2nd quarter worth approximately $27,000. MUFG Securities EMEA plc purchased a new position in shares of EPAM Systems in the 2nd quarter worth approximately $30,000. True Wealth Design LLC boosted its holdings in shares of EPAM Systems by 1,870.0% in the 3rd quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 187 shares during the period. Finally, Sound Income Strategies LLC boosted its holdings in shares of EPAM Systems by 279.5% in the 4th quarter. Sound Income Strategies LLC now owns 148 shares of the information technology services provider’s stock worth $31,000 after purchasing an additional 109 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

EPAM Systems Price Performance

Shares of EPAM stock opened at $112.88 on Thursday. EPAM Systems, Inc. has a 52-week low of $110.93 and a 52-week high of $222.53. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.59 and a current ratio of 2.59. The firm has a market capitalization of $5.92 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.13 and a beta of 1.73. The stock has a 50 day moving average price of $133.25 and a 200 day moving average price of $169.82.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $1.39 billion. During the same period last year, the company earned $2.84 EPS. EPAM Systems’s quarterly revenue was up 12.8% compared to the same quarter last year. 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. As a group, sell-side analysts predict that EPAM Systems, Inc. will post 9.94 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. The Goldman Sachs Group dropped their target price on EPAM Systems from $250.00 to $235.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Needham & Company LLC reiterated a “buy” rating and issued a $175.00 target price on shares of EPAM Systems in a report on Monday, March 16th. Zacks Research cut EPAM Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Mizuho lifted their target price on EPAM Systems from $199.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. Finally, TD Cowen dropped their target price on EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a report on Monday, April 6th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, EPAM Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $191.93.

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.