Strs Ohio Acquires Shares of 27,900 ACI Worldwide, Inc. $ACIW

Key Points

• Strs Ohio has acquired a new stake in ACI Worldwide, Inc., buying 27,900 shares valued at approximately $1.5 million in the 1st quarter.
• Analysts recently revised their price targets for ACI Worldwide, with Jefferies decreasing theirs from $68 to $60 and Zacks downgrading their rating from "strong-buy" to "hold."
• ACI Worldwide reported a quarterly earnings increase with earnings per share of $0.35, exceeding expectations, alongside a revenue of $401.26 million for the quarter.

Strs Ohio purchased a new stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 27,900 shares of the technology company's stock, valued at approximately $1,526,000.

Other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC purchased a new position in shares of ACI Worldwide in the 1st quarter valued at approximately $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of ACI Worldwide during the 1st quarter worth approximately $25,000. Wayfinding Financial LLC acquired a new stake in shares of ACI Worldwide during the 1st quarter worth approximately $39,000. Cheviot Value Management LLC acquired a new stake in shares of ACI Worldwide during the 1st quarter worth approximately $44,000. Finally, Versant Capital Management Inc grew its stake in shares of ACI Worldwide by 121.3% during the 1st quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock worth $48,000 after purchasing an additional 485 shares during the period. 94.74% of the stock is owned by hedge funds and other institutional investors.

ACI Worldwide Price Performance

Shares of ACIW stock traded down $0.24 during mid-day trading on Friday, hitting $50.89. 2,918,499 shares of the stock traded hands, compared to its average volume of 851,928. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of 21.47 and a beta of 1.07. The company's 50-day simple moving average is $46.88 and its 200-day simple moving average is $48.69. 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 earnings results on Thursday, August 7th. The technology company reported $0.35 EPS for the quarter, topping 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 business had revenue of $401.26 million during the quarter, compared to analysts' expectations of $380.45 million. During the same quarter last year, the firm posted $0.47 earnings per share. ACI Worldwide's revenue was up 7.4% compared to the same quarter last year. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that ACI Worldwide, Inc. will post 2 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ACIW shares. 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. Jefferies Financial Group reduced their price target on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, May 27th. Wall Street Zen downgraded ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $60.00.

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.