22,900 Shares in ACI Worldwide, Inc. $ACIW Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 22,900 shares of the technology company’s stock, valued at approximately $1,051,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Invesco Ltd. grew its holdings in shares of ACI Worldwide by 0.7% during the first quarter. Invesco Ltd. now owns 2,027,606 shares of the technology company’s stock worth $110,930,000 after buying an additional 14,278 shares in the last quarter. Alliancebernstein L.P. raised its holdings in ACI Worldwide by 7.0% in the 1st quarter. Alliancebernstein L.P. now owns 1,917,346 shares of the technology company’s stock valued at $104,898,000 after acquiring an additional 126,169 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in ACI Worldwide by 132.9% in the 1st quarter. Ameriprise Financial Inc. now owns 1,571,363 shares of the technology company’s stock worth $85,986,000 after purchasing an additional 896,564 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of 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 worth $68,481,000 after purchasing an additional 246,228 shares during the last quarter. Finally, Voya Investment Management LLC grew its position in shares of ACI Worldwide by 35.0% in the first quarter. Voya Investment Management LLC now owns 972,141 shares of the technology company’s stock valued at $53,186,000 after purchasing an additional 252,113 shares in the last quarter. Hedge funds and other institutional investors own 94.74% of the company’s stock.

ACI Worldwide Trading Up 1.0%

NASDAQ ACIW opened at $50.02 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.48 and a quick ratio of 1.48. The stock has a market capitalization of $5.16 billion, a P/E ratio of 21.11 and a beta of 1.05. The firm’s 50-day moving average is $50.34 and its two-hundred day moving average is $48.38. ACI Worldwide, Inc. has a 12 month low of $40.45 and a 12 month high of $59.71.

ACI Worldwide (NASDAQ:ACIW) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.08. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. The business had revenue of $401.26 million for the quarter, compared to the consensus estimate of $380.45 million. During the same period in the previous year, the firm earned $0.47 EPS. The business’s revenue 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 anticipate that ACI Worldwide, Inc. will post 2 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Wall Street Zen lowered 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 set a $60.00 price target on shares of ACI Worldwide in a research report on Thursday, October 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of ACI Worldwide in a report on Wednesday, October 8th. Stephens raised shares of ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 target price on the stock in a research note on Thursday, July 17th. Finally, Zacks Research cut shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, ACI Worldwide currently has an average rating of “Moderate Buy” and a consensus price target of $60.00.

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.