Strs Ohio Takes Position in ACI Worldwide, Inc. $ACIW

Strs Ohio acquired a new stake in ACI Worldwide, Inc. (NASDAQ:ACIWFree Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 27,900 shares of the technology company’s stock, valued at approximately $1,526,000.

Several other hedge funds also recently modified their holdings of the stock. Hohimer Wealth Management LLC increased its stake in shares of ACI Worldwide by 4.1% in the 1st quarter. Hohimer Wealth Management LLC now owns 4,962 shares of the technology company’s stock valued at $271,000 after acquiring an additional 197 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in ACI Worldwide by 5.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 4,367 shares of the technology company’s stock valued at $237,000 after purchasing an additional 207 shares in the last quarter. HighTower Advisors LLC increased its stake in ACI Worldwide by 1.4% during the 1st quarter. HighTower Advisors LLC now owns 15,744 shares of the technology company’s stock valued at $861,000 after purchasing an additional 212 shares in the last quarter. Snowden Capital Advisors LLC increased its stake in ACI Worldwide by 3.2% during the 4th quarter. Snowden Capital Advisors LLC now owns 8,048 shares of the technology company’s stock valued at $418,000 after purchasing an additional 246 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in ACI Worldwide by 73.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 872 shares of the technology company’s stock valued at $48,000 after purchasing an additional 370 shares in the last quarter. Institutional investors own 94.74% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Jefferies Financial Group decreased their price target on shares of ACI Worldwide from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday, May 27th. Zacks Research lowered shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Stephens upgraded shares of ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 price target for the company in a research note on Thursday, July 17th. Finally, Wall Street Zen downgraded shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, ACI Worldwide presently has an average rating of “Moderate Buy” and a consensus price target of $60.00.

View Our Latest Research Report on ACI Worldwide

ACI Worldwide Trading Down 0.4%

Shares of ACI Worldwide stock opened at $49.38 on Wednesday. The stock’s 50-day simple moving average is $46.53 and its 200 day simple moving average is $48.73. ACI Worldwide, Inc. has a 52-week low of $40.45 and a 52-week high of $59.71. The stock has a market capitalization of $5.10 billion, a P/E ratio of 20.84 and a beta of 1.07. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.48 and a current ratio of 1.48.

ACI Worldwide (NASDAQ:ACIWGet Free Report) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.08. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The firm had revenue of $401.26 million for the quarter, compared to analysts’ expectations of $380.45 million. During the same period in the prior year, the business posted $0.47 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that ACI Worldwide, Inc. will post 2 EPS for the current year.

ACI Worldwide Company Profile

(Free Report)

ACI Worldwide, Inc, a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments in the United States and internationally. The company operates in three segments: Banks, Merchants, and Billers. The company offers ACI Acquiring, a solution to process credit, debit, and prepaid card transactions, deliver digital innovation, and fraud prevention; ACI Issuing, a digital payment issuing solution for new payment offering; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments.

See Also

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Institutional Ownership by Quarter for ACI Worldwide (NASDAQ:ACIW)

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