Knights of Columbus Asset Advisors LLC Makes New Investment in ACI Worldwide, Inc. $ACIW

Knights of Columbus Asset Advisors LLC bought a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 34,624 shares of the technology company’s stock, valued at approximately $1,590,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Hohimer Wealth Management LLC increased its position 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 acquiring an additional 197 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of ACI Worldwide by 5.0% during the first 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 last quarter. HighTower Advisors LLC increased its position in shares of ACI Worldwide by 1.4% during the first quarter. HighTower Advisors LLC now owns 15,744 shares of the technology company’s stock worth $861,000 after acquiring an additional 212 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of ACI Worldwide by 73.7% during the first quarter. Geneos Wealth Management Inc. now owns 872 shares of the technology company’s stock worth $48,000 after acquiring an additional 370 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of ACI Worldwide by 6.7% during the first quarter. Cetera Investment Advisers now owns 6,531 shares of the technology company’s stock worth $357,000 after acquiring an additional 408 shares during the last quarter. 94.74% of the stock is owned by hedge funds and other institutional investors.

ACI Worldwide Stock Performance

Shares of ACIW stock opened at $53.58 on Tuesday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62. The business has a 50 day moving average of $48.59 and a two-hundred day moving average of $48.63. ACI Worldwide, Inc. has a 52 week low of $40.45 and a 52 week high of $59.71. The company has a market cap of $5.53 billion, a P/E ratio of 22.61 and a beta of 1.05.

ACI Worldwide (NASDAQ:ACIW) last issued its earnings results on Thursday, August 7th. The technology company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.08. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.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 posted $0.47 earnings per share. ACI Worldwide’s quarterly 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, analysts anticipate that ACI Worldwide, Inc. will post 2 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ACI Worldwide in a research report on Saturday, September 27th. Wall Street Zen lowered ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. Zacks Research lowered ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Finally, Stephens raised ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 price objective for the company in a report on Thursday, July 17th. Three 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 stock currently has an average rating of “Moderate Buy” and an average price target 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.