WCM Investment Management LLC Boosts Stake in ACI Worldwide, Inc. $ACIW

Key Points

• WCM Investment Management LLC increased its stake in ACI Worldwide, Inc. by 5.8%, holding 341,672 shares worth approximately $15.5 million as of the latest SEC filing.
• ACI Worldwide reported earnings of $0.35 per share for the most recent quarter, exceeding analyst expectations and demonstrating a year-over-year revenue increase of 7.4% to $401.26 million.
• Despite recent increases in holdings by several hedge funds, Zacks Research and others have downgraded ACI Worldwide's stock rating to "hold," reflecting mixed sentiments among analysts regarding the stock's future performance.

WCM Investment Management LLC lifted its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 5.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 341,672 shares of the technology company's stock after purchasing an additional 18,838 shares during the quarter. WCM Investment Management LLC owned 0.33% of ACI Worldwide worth $15,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the business. Allianz Asset Management GmbH raised its stake in shares of ACI Worldwide by 4.0% in the second quarter. Allianz Asset Management GmbH now owns 224,171 shares of the technology company's stock worth $10,292,000 after purchasing an additional 8,597 shares during the last quarter. Yousif Capital Management LLC raised its stake in shares of ACI Worldwide by 0.9% in the second quarter. Yousif Capital Management LLC now owns 39,266 shares of the technology company's stock worth $1,803,000 after purchasing an additional 335 shares during the last quarter. Inspire Investing LLC raised its stake in shares of ACI Worldwide by 32.6% in the second quarter. Inspire Investing LLC now owns 27,490 shares of the technology company's stock worth $1,262,000 after purchasing an additional 6,752 shares during the last quarter. Callan Family Office LLC raised its stake in shares of ACI Worldwide by 20.7% in the second quarter. Callan Family Office LLC now owns 4,965 shares of the technology company's stock worth $228,000 after purchasing an additional 851 shares during the last quarter. Finally, Maryland State Retirement & Pension System raised its stake in shares of ACI Worldwide by 0.7% in the second quarter. Maryland State Retirement & Pension System now owns 30,828 shares of the technology company's stock worth $1,415,000 after purchasing an additional 223 shares during the last quarter. Hedge funds and other institutional investors own 94.74% of the company's stock.

ACI Worldwide Stock Performance

NASDAQ ACIW opened at $48.18 on Friday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71. The business has a 50-day moving average price of $49.99 and a 200-day moving average price of $48.52. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 20.33 and a beta of 1.05.

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. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The firm had revenue of $401.26 million during the quarter, compared to analysts' expectations of $380.45 million. During the same quarter last year, the business posted $0.47 earnings per share. The firm's revenue was up 7.4% on a year-over-year basis. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Weiss Ratings reiterated a "hold (c+)" rating on shares of ACI Worldwide in a research report on Wednesday, October 8th. Wall Street Zen cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price objective for the company in a research report on Thursday, July 17th. Finally, DA Davidson reiterated a "buy" rating and set a $60.00 price objective on shares of ACI Worldwide in a research report on Thursday. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $60.00.

ACI Worldwide Company 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.

Want to see what other hedge funds are holding ACIW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.