Expressive Wealth LLC purchased a new position in shares of Tyler Technologies, Inc. (NYSE:TYL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,677 shares of the technology company’s stock, valued at approximately $490,000.
A number of other large investors have also bought and sold shares of TYL. American Capital Management Inc. raised its stake in shares of Tyler Technologies by 348.9% during the first quarter. American Capital Management Inc. now owns 98,942 shares of the technology company’s stock valued at $33,876,000 after acquiring an additional 76,903 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Tyler Technologies by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock worth $660,089,000 after purchasing an additional 43,421 shares during the period. Edgestream Partners L.P. bought a new stake in shares of Tyler Technologies in the first quarter worth about $2,739,000. TimesSquare Capital Management LLC grew its stake in shares of Tyler Technologies by 7.6% in the fourth quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock worth $50,707,000 after purchasing an additional 7,913 shares during the last quarter. Finally, Norges Bank purchased a new position in Tyler Technologies during the 4th quarter valued at about $921,035,000. 93.30% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Truist Financial set a $440.00 price target on Tyler Technologies in a research report on Friday, May 1st. UBS Group set a $395.00 price objective on Tyler Technologies in a research report on Saturday, August 1st. Barclays boosted their target price on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Zacks Research upgraded Tyler Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $456.72.
Tyler Technologies Price Performance
TYL stock opened at $350.75 on Friday. Tyler Technologies, Inc. has a 1 year low of $270.71 and a 1 year high of $566.95. The company has a market cap of $14.36 billion, a P/E ratio of 46.52, a PEG ratio of 2.29 and a beta of 0.81. The firm has a 50-day moving average of $309.38 and a 200 day moving average of $323.47. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55.
Tyler Technologies (NYSE:TYL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The business had revenue of $645.10 million for the quarter, compared to analysts’ expectations of $647.95 million. During the same period in the previous year, the firm posted $2.91 EPS. The business’s revenue was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, sell-side analysts forecast that Tyler Technologies, Inc. will post 10.12 EPS for the current year.
Tyler Technologies 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.
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