Northern Trust Corp Decreases Stock Holdings in ACI Worldwide, Inc. $ACIW

Key Points

• Northern Trust Corp has reduced its stake in ACI Worldwide, Inc. by 2.1%, now owning 1,335,758 shares valued at approximately $73 million.
• Several institutional investors, including Nuveen LLC and Ameriprise Financial Inc., have increased their investments in ACI Worldwide, reflecting a strong interest as 94.74% of the stock is now held by institutional investors.
• Analysts have issued mixed ratings on ACI Worldwide, with a consensus rating of "Moderate Buy" and a target price set at $60.00, indicating potential upside from the current trading price.

Northern Trust Corp lessened its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 2.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,335,758 shares of the technology company's stock after selling 28,246 shares during the period. Northern Trust Corp owned 1.27% of ACI Worldwide worth $73,079,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ACIW. Opal Wealth Advisors LLC acquired a new stake in shares of ACI Worldwide in the first quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of ACI Worldwide in the first quarter valued at about $25,000. Wayfinding Financial LLC acquired a new stake in shares of ACI Worldwide in the first quarter valued at about $39,000. Cheviot Value Management LLC acquired a new stake in shares of ACI Worldwide in the first quarter valued at about $44,000. Finally, Versant Capital Management Inc increased its stake in shares of ACI Worldwide by 121.3% in the first quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock valued at $48,000 after buying an additional 485 shares during the period. Institutional investors and hedge funds own 94.74% of the company's stock.

ACI Worldwide Stock Up 1.5%

Shares of ACI Worldwide stock traded up $0.71 on Thursday, hitting $49.20. The company had a trading volume of 849,854 shares, compared to its average volume of 959,683. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of 20.76 and a beta of 1.07. ACI Worldwide, Inc. has a 1 year low of $40.45 and a 1 year high of $59.71. The stock has a 50 day moving average of $45.42 and a 200-day moving average of $48.96. 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: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 the consensus estimate of $0.27 by $0.08. The firm had revenue of $401.26 million during the quarter, compared to the consensus estimate of $380.45 million. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The company's quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.47 earnings per share. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that ACI Worldwide, Inc. will post 2 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ACIW. Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Jefferies Financial Group cut their target price on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, May 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 research report on Thursday, July 17th. DA Davidson upgraded ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 target price on the stock in a research report on Monday, May 12th. Finally, Wall Street Zen lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $60.00.

Insider Activity at ACI Worldwide

In related news, Director Mary P. Harman sold 7,194 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $47.48, for a total transaction of $341,571.12. Following the completion of the sale, the director directly owned 34,388 shares of the company's stock, valued at approximately $1,632,742.24. This trade represents a 17.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Janet O. Estep sold 4,500 shares of the stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $44.66, for a total value of $200,970.00. Following the sale, the director directly owned 77,631 shares of the company's stock, valued at $3,467,000.46. The trade was a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

ACI Worldwide Profile

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.