Public Employees Retirement System of Ohio raised its stake in ACI Worldwide, Inc. (NASDAQ:ACIW – Free Report) by 31.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,698 shares of the technology company’s stock after acquiring an additional 23,395 shares during the period. Public Employees Retirement System of Ohio owned 0.09% of ACI Worldwide worth $4,439,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of the stock. Invesco Ltd. boosted its stake in ACI Worldwide by 0.7% in the first quarter. Invesco Ltd. now owns 2,027,606 shares of the technology company’s stock valued at $110,930,000 after acquiring an additional 14,278 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of ACI Worldwide by 7.0% in the first quarter. Alliancebernstein L.P. now owns 1,917,346 shares of the technology company’s stock valued at $104,898,000 after buying an additional 126,169 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of ACI Worldwide by 132.9% in the first quarter. Ameriprise Financial Inc. now owns 1,571,363 shares of the technology company’s stock valued at $85,986,000 after buying an additional 896,564 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of ACI Worldwide by 24.5% in the first quarter. American Century Companies Inc. now owns 1,251,707 shares of the technology company’s stock valued at $68,481,000 after buying an additional 246,228 shares during the last quarter. Finally, Congress Asset Management Co. raised its holdings in shares of ACI Worldwide by 9.5% in the first quarter. Congress Asset Management Co. now owns 1,180,839 shares of the technology company’s stock valued at $64,604,000 after buying an additional 102,087 shares during the last quarter. Institutional investors and hedge funds own 94.74% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on ACIW. Zacks Research cut shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Stephens raised shares of ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 target price for the company in a report on Thursday, July 17th. Finally, Wall Street Zen cut shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $60.00.
ACI Worldwide Trading Up 0.2%
NASDAQ ACIW opened at $52.34 on Tuesday. The stock has a market capitalization of $5.40 billion, a P/E ratio of 22.08 and a beta of 1.07. ACI Worldwide, Inc. has a 52-week low of $40.45 and a 52-week high of $59.71. The firm has a 50-day moving average price of $47.79 and a 200 day moving average price of $48.63. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62.
ACI Worldwide (NASDAQ:ACIW – Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.08. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. The firm had revenue of $401.26 million during the quarter, compared to analysts’ expectations of $380.45 million. During the same period in the prior year, the company posted $0.47 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. ACI Worldwide has set its Q3 2025 guidance at EPS. Equities research analysts expect that ACI Worldwide, Inc. will post 2 EPS for the current year.
About ACI Worldwide
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.
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