Artisan Partners Limited Partnership Has $181.21 Million Holdings in Tyler Technologies, Inc. $TYL

Artisan Partners Limited Partnership cut its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 24.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 399,177 shares of the technology company’s stock after selling 127,751 shares during the period. Artisan Partners Limited Partnership’s holdings in Tyler Technologies were worth $181,206,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Tyler Technologies by 4.2% in the third quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company’s stock valued at $3,036,963,000 after acquiring an additional 234,916 shares in the last quarter. Norges Bank acquired a new position in shares of Tyler Technologies in the fourth quarter valued at about $921,035,000. State Street Corp grew its stake in shares of Tyler Technologies by 1.8% in the third quarter. State Street Corp now owns 1,947,850 shares of the technology company’s stock valued at $1,019,037,000 after acquiring an additional 34,178 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Tyler Technologies by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock valued at $660,089,000 after acquiring an additional 43,421 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Tyler Technologies by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 1,228,686 shares of the technology company’s stock valued at $556,725,000 after acquiring an additional 13,608 shares in the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on TYL. Weiss Ratings downgraded shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Robert W. Baird set a $455.00 price objective on shares of Tyler Technologies in a research note on Friday, May 1st. Cantor Fitzgerald increased their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. BTIG Research reiterated a “buy” rating and set a $420.00 price objective on shares of Tyler Technologies in a research note on Wednesday, June 10th. Finally, 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. Twelve equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $468.87.

Tyler Technologies Stock Up 2.9%

Shares of Tyler Technologies stock opened at $298.14 on Wednesday. The company has a market capitalization of $12.57 billion, a price-to-earnings ratio of 41.18, a PEG ratio of 1.93 and a beta of 0.82. Tyler Technologies, Inc. has a 12-month low of $283.71 and a 12-month high of $621.34. The firm’s 50-day moving average price is $320.32 and its two-hundred day moving average price is $369.17.

Tyler Technologies (NYSE:TYL) last posted its earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. The firm had revenue of $613.50 million during 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%. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, sell-side analysts expect that Tyler Technologies, Inc. will post 10.02 earnings per share 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.