EPAM tops Q2 estimates as institutions build stakes near 52-week low
What's the deal? Landscape Capital ManagementDealroom has a profile for this one. Try Dealroom → bought a new stake in EPAM Systems worth about $1,162,000 during the second quarter, acquiring 14,638 shares of the information technology services provider. The firm joins a wave of institutional buyers reshaping their positions in the stock.
By the numbers: EPAM shares opened at $110.49 on Monday, giving it a market cap of $5.70 billion and a P/E ratio of 14.97. The stock trades well below its 52-week high of $222.53 and above its low of $73.06.
The earnings picture: EPAM reported earnings of $3.38 per share for the quarter on August 6, beating the $3.16 consensus by $0.22. Revenue of $1.41 billion matched estimates and rose 4.6% year over year.
The company posted a return on equity of 15.84% and a net margin of 7.15%. It guided full-year 2026 EPS to a range of 13.08 to 13.24, with third-quarter EPS of 3.38 to 3.46.
Who else is buying? Goldman SachsDealroom has a profile for this one. Try Dealroom → raised its position by 53.8% in the first quarter to 335,150 shares worth $56,587,000. Mirae Asset Global ETFs HoldingsDealroom has a profile for this one. Try Dealroom → lifted its stake by 68.6%, while Empowered FundsDealroom has a profile for this one. Try Dealroom → grew its holding by 134.1%. Hedge funds and other institutional investors own 91.58% of the company’s stock.
What could go wrong? Analysts remain cautious. Several brokerages cut price targets after the earnings release, including JPMorgan ChaseDealroom has a profile for this one. Try Dealroom →, which lowered its target from $142.00 to $120.00 while keeping an "overweight" rating.
CitigroupDealroom has a profile for this one. Try Dealroom → cut its target to $100.00 with a "neutral" rating, and Truist FinancialDealroom has a profile for this one. Try Dealroom → trimmed its target to $110.00 with a "hold." Of the covering analysts, seven rate the stock a buy, nine a hold, and one a sell, for a consensus "hold."
The signal: Institutional money is flowing into EPAM even as the stock sits far below its recent peak and analysts stay split. The gap between accumulation and a modest earnings beat points to investors positioning for a recovery in IT services demand.
Read more: tickerreport.com
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