Hsbc Holdings PLC Makes New Investment in Tyler Technologies, Inc. $TYL

Hsbc Holdings PLC acquired a new stake in Tyler Technologies, Inc. (NYSE:TYL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 72,808 shares of the technology company’s stock, valued at approximately $21,280,000. Hsbc Holdings PLC owned about 0.18% of Tyler Technologies at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. DV Equities LLC bought a new stake in shares of Tyler Technologies during the fourth quarter worth $27,000. Elyxium Wealth LLC bought a new position in shares of Tyler Technologies in the 4th quarter valued at $29,000. Bayban bought a new position in shares of Tyler Technologies in the 4th quarter valued at $30,000. Cornerstone Planning Group LLC boosted its holdings in shares of Tyler Technologies by 3,900.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after acquiring an additional 78 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of Tyler Technologies during the 2nd quarter valued at $35,000. Institutional investors and hedge funds own 93.30% of the company’s stock.

Insider Buying and Selling at Tyler Technologies

In other news, COO Jeffrey David Puckett sold 8,500 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the completion of the transaction, the chief operating officer directly owned 7,784 shares in the company, valued at $2,774,528.96. This trade represents a 52.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TYL shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. TD Cowen cut their price target on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. DA Davidson restated a “buy” rating and set a $460.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. Barclays upped their price objective on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Finally, Piper Sandler dropped their price objective on shares of Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Tyler Technologies presently has an average rating of “Moderate Buy” and an average price target of $456.72.

Tyler Technologies Stock Performance

Shares of Tyler Technologies stock opened at $370.37 on Friday. The stock has a market cap of $15.17 billion, a price-to-earnings ratio of 49.12, a P/E/G ratio of 2.32 and a beta of 0.81. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve month high of $566.58. The company’s fifty day moving average is $314.86 and its 200 day moving average is $323.65. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46.

Tyler Technologies (NYSE:TYL) last announced its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.03. The business had revenue of $645.10 million during the quarter, compared to analyst estimates of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.Tyler Technologies’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period last year, the company earned $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Sell-side analysts forecast that Tyler Technologies, Inc. will post 10.13 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.