United Services Automobile Association Purchases New Position in ACI Worldwide, Inc. $ACIW

Key Points

• United Services Automobile Association has acquired a new stake in ACI Worldwide, purchasing 6,896 shares valued at approximately $374,000.
• Institutional investors hold 94.74% of ACI Worldwide's stock, indicating strong institutional confidence in the company.
• ACI Worldwide reported earnings of $0.35 per share, exceeding estimates, with revenue of $401.26 million representing a 7.4% year-over-year increase.

United Services Automobile Association purchased a new position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,896 shares of the technology company's stock, valued at approximately $374,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ACIW. Hohimer Wealth Management LLC boosted its position in ACI Worldwide by 4.1% during the first quarter. Hohimer Wealth Management LLC now owns 4,962 shares of the technology company's stock worth $271,000 after acquiring an additional 197 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of ACI Worldwide by 5.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 4,367 shares of the technology company's stock valued at $237,000 after acquiring an additional 207 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of ACI Worldwide by 1.4% during the 1st quarter. HighTower Advisors LLC now owns 15,744 shares of the technology company's stock valued at $861,000 after acquiring an additional 212 shares during the last quarter. Snowden Capital Advisors LLC boosted its position in shares of ACI Worldwide by 3.2% during the 4th quarter. Snowden Capital Advisors LLC now owns 8,048 shares of the technology company's stock valued at $418,000 after acquiring an additional 246 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of ACI Worldwide by 6.7% during the 1st quarter. Cetera Investment Advisers now owns 6,531 shares of the technology company's stock valued at $357,000 after acquiring an additional 408 shares during the last quarter. Institutional investors and hedge funds own 94.74% of the company's stock.

ACI Worldwide Stock Up 2.8%

NASDAQ:ACIW traded up $1.39 during trading hours on Wednesday, hitting $50.77. 84,397 shares of the company's stock traded hands, compared to its average volume of 762,581. The firm has a market cap of $5.24 billion, a P/E ratio of 21.45 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. The stock's fifty day moving average price is $46.53 and its two-hundred day moving average price is $48.73. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.08. The business had revenue of $401.26 million for the quarter, compared to the consensus estimate of $380.45 million. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. ACI Worldwide's revenue for the quarter 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. On average, research analysts expect that ACI Worldwide, Inc. will post 2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on ACIW shares. Zacks Research lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target on the stock in a research note on Thursday, July 17th. Wall Street Zen lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Jefferies Financial Group reduced their target price on shares of ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, May 27th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, ACI Worldwide presently has a consensus rating of "Moderate Buy" and an average target price 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.