Clearbridge Investments LLC bought a new stake in shares of Tyler Technologies, Inc. (NYSE:TYL – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 33,131 shares of the technology company’s stock, valued at approximately $15,040,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. ICICI Prudential Asset Management Co Ltd bought a new position in shares of Tyler Technologies in the 3rd quarter worth approximately $2,111,000. Principal Financial Group Inc. raised its position in shares of Tyler Technologies by 3.1% in the 4th quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock worth $660,089,000 after acquiring an additional 43,421 shares in the last quarter. CenterBook Partners LP bought a new position in shares of Tyler Technologies in the 3rd quarter worth approximately $1,882,000. Van ECK Associates Corp raised its position in shares of Tyler Technologies by 55.1% in the 3rd quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company’s stock worth $444,740,000 after acquiring an additional 301,885 shares in the last quarter. Finally, Krilogy Financial LLC bought a new position in shares of Tyler Technologies in the 3rd quarter worth approximately $1,703,000. Hedge funds and other institutional investors own 93.30% of the company’s stock.
Analyst Upgrades and Downgrades
TYL has been the topic of a number of research reports. Truist Financial set a $440.00 target price on shares of Tyler Technologies in a report on Friday, May 1st. Weiss Ratings cut shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Stifel Nicolaus dropped their target price on shares of Tyler Technologies from $550.00 to $400.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Citizens Jmp restated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a report on Tuesday, April 28th. Finally, The Goldman Sachs Group set a $420.00 target price on shares of Tyler Technologies in a research note on Friday, February 13th. Twelve research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $468.87.
Tyler Technologies Trading Down 1.7%
Tyler Technologies stock opened at $303.56 on Thursday. The business’s fifty day simple moving average is $323.72 and its two-hundred day simple moving average is $373.97. Tyler Technologies, Inc. has a 12 month low of $283.71 and a 12 month high of $621.34. The company has a market capitalization of $12.80 billion, a price-to-earnings ratio of 41.93, a price-to-earnings-growth ratio of 2.08 and a beta of 0.82.
Tyler Technologies (NYSE:TYL – Get Free Report) last released its earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping the consensus estimate of $3.01 by $0.08. The business had revenue of $613.50 million for the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, equities research analysts predict that Tyler Technologies, Inc. will post 9.91 EPS for the current year.
Trending Headlines about Tyler Technologies
Here are the key news stories impacting Tyler Technologies this week:
- Positive Sentiment: BTIG reiterated its Buy rating on Tyler Technologies and said the company looks like a “much stronger company” after its Investor Day, signaling improved confidence in the business outlook. Tyler Technologies investor day reinforces belief it’s a ‘much stronger company,’ BTIG says
- Positive Sentiment: DA Davidson also reaffirmed its Buy rating and raised its price target to $460, implying significant upside from recent trading levels and reinforcing bullish sentiment. DA Davidson reiterates Buy on Tyler Technologies
- Positive Sentiment: Zacks described Tyler Technologies as a strong growth stock, adding to the narrative that the company has attractive earnings and growth characteristics for investors. Here’s Why Tyler Technologies (TYL) is a Strong Growth Stock
- Neutral Sentiment: Tyler Technologies released its 2026 Investor Day presentation and related transcript/slides, which likely gave investors more detail on strategy and execution but did not include a fresh earnings or guidance update. Tyler Technologies Shares 2026 Investor Day Presentation
- Neutral Sentiment: A Zacks comparison piece weighed Tyler Technologies against NetEase for value investors, which is more of a valuation discussion than a direct stock-moving catalyst. NTES vs. TYL: Which Stock Should Value Investors Buy Now?
About Tyler Technologies
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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