Reinhart Partners LLC. Lowers Holdings in ACI Worldwide, Inc. $ACIW

Key Points

• Reinhart Partners LLC reduced its stake in ACI Worldwide, Inc. by 24.3%, selling 316,557 shares and now holding approximately 0.94% of the company valued at $45.3 million.
• Institutional investors own a significant majority, at 94.74%, of ACI Worldwide's stock, with notable increases in stakes from firms such as Ameriprise Financial, Nuveen, and MetLife.
• Despite recent downgrades in analyst ratings, ACI Worldwide maintains an average rating of "Moderate Buy" with a consensus price target of $60.00.

Reinhart Partners LLC. cut its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 24.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 987,041 shares of the technology company's stock after selling 316,557 shares during the quarter. Reinhart Partners LLC. owned approximately 0.94% of ACI Worldwide worth $45,316,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ACIW. Opal Wealth Advisors LLC acquired a new stake in shares of ACI Worldwide during the 1st quarter worth approximately $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of ACI Worldwide in the first quarter valued at $25,000. Wayfinding Financial LLC bought a new stake in shares of ACI Worldwide in the 1st quarter worth approximately $39,000. Cheviot Value Management LLC bought a new stake in shares of ACI Worldwide during the 1st quarter worth $44,000. Finally, Geneos Wealth Management Inc. increased its stake in ACI Worldwide by 73.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 872 shares of the technology company's stock worth $48,000 after purchasing an additional 370 shares in the last quarter. Institutional investors own 94.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. 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 research note on Thursday, July 17th. Jefferies Financial Group decreased their price objective on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, May 27th. Zacks Research lowered shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Finally, Wall Street Zen cut 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 issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $60.00.

ACI Worldwide Stock Performance

ACIW traded down $0.24 on Friday, reaching $50.89. The company had a trading volume of 2,918,499 shares, compared to its average volume of 851,928. The stock has a market cap of $5.25 billion, a P/E ratio of 21.47 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, Inc. has a fifty-two week low of $40.45 and a fifty-two week high of $59.71. The company's fifty day moving average is $46.88 and its 200 day moving average is $48.69.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last released its 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. The company had revenue of $401.26 million for the quarter, compared to analyst estimates of $380.45 million. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.ACI Worldwide's quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, analysts predict that ACI Worldwide, Inc. will post 2 earnings per share for the current fiscal year.

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.