ACI Worldwide, Inc. $ACIW Shares Bought by Swedbank AB

Key Points

• Swedbank AB has increased its stake in ACI Worldwide, Inc. by 2.7%, acquiring a total of 429,117 shares valued at approximately $23.48 million.
• Institutional investors collectively own 94.74% of ACI Worldwide's stock, indicating significant investor confidence in the company.
• ACI Worldwide reported a quarterly earnings per share (EPS) of $0.35, exceeding analysts' expectations of $0.27, and had revenues of $401.26 million for the quarter.

Swedbank AB increased its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 2.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 429,117 shares of the technology company's stock after purchasing an additional 11,484 shares during the quarter. Swedbank AB owned approximately 0.41% of ACI Worldwide worth $23,477,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. grew its holdings in ACI Worldwide by 0.7% during the 1st quarter. Invesco Ltd. now owns 2,027,606 shares of the technology company's stock valued at $110,930,000 after buying an additional 14,278 shares in the last quarter. Alliancebernstein L.P. grew its holdings in ACI Worldwide by 7.0% during the 1st 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 in the last quarter. Ameriprise Financial Inc. grew its holdings in ACI Worldwide by 132.9% during the 1st 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 in the last quarter. American Century Companies Inc. grew its holdings in ACI Worldwide by 24.5% during the 1st 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 in the last quarter. Finally, Congress Asset Management Co. grew its holdings in ACI Worldwide by 9.5% during the 1st 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 in the last quarter. Hedge funds and other institutional investors own 94.74% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ACIW shares. Stephens upgraded 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. Jefferies Financial Group decreased their price target on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating for the company in a research note on Tuesday, May 27th. Zacks Research lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. 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 research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, ACI Worldwide presently has a consensus rating of "Moderate Buy" and an average target price of $60.00.

ACI Worldwide Stock Performance

ACI Worldwide stock traded up $1.20 during trading hours on Thursday, hitting $50.96. 173,824 shares of the stock traded hands, compared to its average volume of 763,416. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 21.51 and a beta of 1.07. The firm's 50 day moving average price is $46.62 and its 200-day moving average price is $48.73. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.48 and a quick ratio of 1.48. ACI Worldwide, Inc. has a 1 year low of $40.45 and a 1 year high of $59.71.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.08. The business had revenue of $401.26 million during 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 company's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that ACI Worldwide, Inc. will post 2 EPS 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.