Allianz Asset Management GmbH boosted its position in ACI Worldwide, Inc. (NASDAQ:ACIW – Free Report) by 4.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 224,171 shares of the technology company’s stock after purchasing an additional 8,597 shares during the quarter. Allianz Asset Management GmbH owned about 0.21% of ACI Worldwide worth $10,292,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of ACIW. Hohimer Wealth Management LLC grew its holdings in shares of 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 buying an additional 197 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in ACI Worldwide by 5.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 4,367 shares of the technology company’s stock worth $237,000 after acquiring an additional 207 shares during the period. HighTower Advisors LLC raised its holdings in ACI Worldwide by 1.4% in 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. Maryland State Retirement & Pension System lifted its stake in shares of ACI Worldwide by 0.7% during the 2nd 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 period. Finally, Yousif Capital Management LLC lifted its stake in shares of ACI Worldwide by 0.9% during the 2nd 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 period. 94.74% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the company. 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 research note on Thursday, July 17th. Wall Street Zen downgraded shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 9th. DA Davidson reissued a “buy” rating and issued a $60.00 target price on shares of ACI Worldwide in a research report on Thursday, October 16th. 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, Weiss Ratings reiterated a “hold (c+)” rating on shares of ACI Worldwide in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $60.00.
ACI Worldwide Trading Up 1.2%
NASDAQ ACIW opened at $49.61 on Wednesday. ACI Worldwide, Inc. has a one year low of $40.45 and a one year high of $59.71. The company’s 50 day moving average price is $50.23 and its 200 day moving average price is $48.37. 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 firm has a market capitalization of $5.12 billion, a price-to-earnings ratio of 20.93 and a beta of 1.05.
ACI Worldwide (NASDAQ:ACIW – Get Free Report) last released its quarterly earnings data 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 net margin of 14.76% and a return on equity of 19.09%. The company had revenue of $401.26 million during the quarter, compared to the consensus estimate of $380.45 million. During the same period in the previous year, the firm earned $0.47 earnings per share. ACI Worldwide’s revenue for the quarter was up 7.4% on a year-over-year basis. ACI Worldwide has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current year.
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.
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