Jennison Associates LLC Reduces Position in ACI Worldwide, Inc. $ACIW

Jennison Associates LLC cut its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 14.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,123 shares of the technology company’s stock after selling 2,813 shares during the quarter. Jennison Associates LLC’s holdings in ACI Worldwide were worth $786,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Teacher Retirement System of Texas lifted its holdings in ACI Worldwide by 4.9% during the second quarter. Teacher Retirement System of Texas now owns 73,401 shares of the technology company’s stock valued at $3,370,000 after purchasing an additional 3,435 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in ACI Worldwide during the second quarter valued at about $1,287,000. MQS Management LLC purchased a new stake in ACI Worldwide during the second quarter valued at about $227,000. State of New Jersey Common Pension Fund D lifted its holdings in ACI Worldwide by 5.6% during the second quarter. State of New Jersey Common Pension Fund D now owns 40,530 shares of the technology company’s stock valued at $1,861,000 after purchasing an additional 2,132 shares during the last quarter. Finally, Paralel Advisors LLC purchased a new stake in ACI Worldwide during the second quarter valued at about $2,242,000. 94.74% of the stock is owned by hedge funds and other institutional investors.

ACI Worldwide Stock Up 0.8%

ACIW stock opened at $47.63 on Friday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.62. The company’s 50 day moving average is $50.49 and its 200 day moving average is $48.24. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. ACI Worldwide, Inc. has a 1-year low of $40.45 and a 1-year high of $59.71.

ACI Worldwide (NASDAQ:ACIW) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.08. The company had revenue of $401.26 million for the quarter, compared to analysts’ expectations 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 earned $0.47 earnings per share. ACI Worldwide has set its Q3 2025 guidance at EPS. Sell-side analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ACIW shares. DA Davidson reiterated 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 reiterated a “hold (c+)” rating on shares of ACI Worldwide in a research report on Wednesday, October 8th. Zacks Research cut ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Wall Street Zen cut ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, 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 report on Thursday, July 17th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average 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.