Stephens Inc. AR Increases Position in Tyler Technologies, Inc. $TYL

Stephens Inc. AR increased its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 287.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,838 shares of the technology company’s stock after acquiring an additional 8,779 shares during the quarter. Stephens Inc. AR’s holdings in Tyler Technologies were worth $4,053,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in Tyler Technologies during the 4th quarter worth approximately $921,035,000. Van ECK Associates Corp boosted its stake in shares of Tyler Technologies by 43.2% during the 4th quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock valued at $552,596,000 after buying an additional 367,203 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Tyler Technologies by 72.5% during the third quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock worth $314,302,000 after buying an additional 252,488 shares in the last quarter. Impax Asset Management Group plc acquired a new stake in shares of Tyler Technologies during the fourth quarter worth approximately $106,740,000. Finally, Two Sigma Investments LP increased its stake in shares of Tyler Technologies by 189.6% in the third quarter. Two Sigma Investments LP now owns 290,511 shares of the technology company’s stock worth $151,984,000 after buying an additional 190,210 shares during the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Tyler Technologies Stock Up 0.9%

Shares of NYSE:TYL opened at $321.85 on Wednesday. The company has a market cap of $13.57 billion, a PE ratio of 44.45, a P/E/G ratio of 2.12 and a beta of 0.82. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $621.34. The firm has a 50-day simple moving average of $308.53 and a 200 day simple moving average of $351.84.

Tyler Technologies (NYSE:TYL) last issued its earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. The firm had revenue of $613.50 million for the quarter, compared to analysts’ expectations of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. Tyler Technologies’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company posted $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, research analysts forecast that Tyler Technologies, Inc. will post 10.04 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. DA Davidson reiterated a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a research note on Wednesday, June 10th. Barclays boosted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Citizens Jmp restated a “market outperform” rating and issued a $500.00 target price on shares of Tyler Technologies in a research note on Tuesday, April 28th. Weiss Ratings cut shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Finally, Robert W. Baird set a $455.00 price target on Tyler Technologies in a research note on Friday, May 1st. Thirteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $472.38.

Tyler Technologies Company Profile

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.

Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.