Knights of Columbus Asset Advisors LLC Makes New $1.59 Million Investment in ACI Worldwide, Inc. $ACIW

Key Points

• Knights of Columbus Asset Advisors LLC invested $1.59 million in ACI Worldwide, acquiring 34,624 shares, which reflects a growing interest in the technology sector.
• ACI Worldwide faced mixed ratings from analysts, including a downgrade from Zacks from "strong-buy" to "hold," while Stephens upgraded it to "overweight" with a target price of $60.00.
• The company reported earnings of $0.35 per share for the last quarter, beating estimates, and experienced a revenue increase of 7.4% year-over-year, indicating positive financial performance.

Knights of Columbus Asset Advisors LLC purchased a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 34,624 shares of the technology company's stock, valued at approximately $1,590,000.

Other hedge funds have also made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of ACI Worldwide during the first quarter worth $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of ACI Worldwide during the first quarter worth $25,000. Ameritas Advisory Services LLC acquired a new stake in shares of ACI Worldwide during the second quarter worth $32,000. Wayfinding Financial LLC acquired a new stake in shares of ACI Worldwide during the first quarter worth $39,000. Finally, Cheviot Value Management LLC acquired a new stake in shares of ACI Worldwide during the first quarter worth $44,000. Institutional investors and hedge funds own 94.74% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ACIW shares. Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. Weiss Ratings restated a "hold (c+)" rating on shares of ACI Worldwide in a report on Saturday, September 27th. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 target price on the stock in a report on Thursday, July 17th. Finally, Wall Street Zen cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 9th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $60.00.

ACI Worldwide Price Performance

Shares of ACI Worldwide stock opened at $53.58 on Tuesday. The business's fifty day moving average price is $48.59 and its 200 day moving average price is $48.63. The stock has a market capitalization of $5.53 billion, a P/E ratio of 22.61 and a beta of 1.05. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.62.

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