Tyler Technologies, Inc. (NYSE:TYL) Stock Rated “Moderate Buy” by Wall Street Brokerages

Tyler Technologies, Inc. (NYSE:TYL) has earned an average recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $453.89.

A number of research firms recently weighed in on TYL. JPMorgan Chase & Co. decreased their target price on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. TD Cowen reduced their price objective on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Piper Sandler initiated coverage on Tyler Technologies in a research report on Monday, September 28th. They set an “overweight” rating and a $450.00 price objective for the company. The Goldman Sachs Group cut shares of Tyler Technologies from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $395.00 to $345.00 in a research note on Thursday, October 8th. Finally, Zacks Research downgraded Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd.

Tyler Technologies Stock Down 0.7%

NYSE:TYL opened at $361.07 on Tuesday. Tyler Technologies has a 1 year low of $270.71 and a 1 year high of $524.43. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46. The stock has a market cap of $14.79 billion, a price-to-earnings ratio of 47.89, a PEG ratio of 2.38 and a beta of 0.85. The stock has a 50-day moving average price of $342.67 and a two-hundred day moving average price of $324.53.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data 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. Tyler Technologies had a net margin of 13.36% and a return on equity of 11.15%. The company had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. During the same quarter in the prior year, the firm earned $2.91 earnings per share. The firm’s revenue was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, equities analysts expect that Tyler Technologies will post 10.13 earnings per share for the current year.

Insider Activity at Tyler Technologies

In other news, CEO H. Moore, Jr. sold 9,250 shares of Tyler Technologies stock in a transaction on Friday, August 28th. The shares were sold at an average price of $372.79, for a total value of $3,448,307.50. Following the completion of the sale, the chief executive officer owned 100,392 shares in the company, valued at $37,425,133.68. The trade was a 8.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Jeffrey Puckett sold 8,500 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $356.44, for a total value of $3,029,740.00. Following the completion of the transaction, the chief operating officer owned 7,784 shares in the company, valued at approximately $2,774,528.96. The trade was a 52.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Tyler Technologies during the 2nd quarter valued at $1,129,890,000. T. Rowe Price Investment Management Inc. grew its position in Tyler Technologies by 2.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,888,475 shares of the technology company’s stock worth $857,274,000 after acquiring an additional 44,785 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Tyler Technologies by 20.1% during the 1st quarter. Principal Financial Group Inc. now owns 1,745,625 shares of the technology company’s stock valued at $597,681,000 after purchasing an additional 291,564 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Tyler Technologies by 10.5% during the first quarter. Bank of America Corp DE now owns 405,095 shares of the technology company’s stock worth $138,696,000 after acquiring an additional 38,508 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Tyler Technologies by 13.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 400,775 shares of the technology company’s stock worth $117,211,000 after purchasing an additional 48,832 shares during the period. 93.30% of the stock is owned by institutional investors.

About Tyler Technologies

Tyler Technologies, Inc (NYSE: TYL) provides integrated software and technology services for the public sector. Its solutions are designed for state and local governments, courts, public safety agencies, schools, and other public-sector organizations, helping them manage administrative operations, deliver services, and engage with residents.

The company’s offerings include enterprise resource planning software, court and justice systems, public safety applications, property tax and assessment tools, permitting and licensing solutions, digital government platforms, data and analytics products, and payment services.