Pacer Advisors Inc. Has $14.19 Million Stock Position in Tyler Technologies, Inc. $TYL

Pacer Advisors Inc. boosted its stake in shares of Tyler Technologies, Inc. (NYSE:TYL) by 21.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,252 shares of the technology company’s stock after purchasing an additional 5,451 shares during the quarter. Pacer Advisors Inc. owned 0.07% of Tyler Technologies worth $14,187,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Tyler Technologies in the fourth quarter valued at $921,035,000. State Street Corp boosted its stake in Tyler Technologies by 1.8% during the third quarter. State Street Corp now owns 1,947,850 shares of the technology company’s stock worth $1,019,037,000 after buying an additional 34,178 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Tyler Technologies by 2.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,888,475 shares of the technology company’s stock valued at $857,274,000 after buying an additional 44,785 shares during the period. Principal Financial Group Inc. increased its holdings in 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 valued at $660,089,000 after buying an additional 43,421 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Tyler Technologies by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 1,228,686 shares of the technology company’s stock valued at $556,725,000 after buying an additional 13,608 shares during the period. 93.30% of the stock is owned by institutional investors.

Tyler Technologies Trading Up 0.1%

NYSE:TYL opened at $279.18 on Friday. Tyler Technologies, Inc. has a 1 year low of $274.09 and a 1 year high of $621.34. The firm has a 50 day moving average of $317.27 and a 200-day moving average of $365.97. The stock has a market capitalization of $11.77 billion, a P/E ratio of 38.56, a price-to-earnings-growth ratio of 1.86 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last announced 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. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The business had revenue of $613.50 million for the quarter, compared to the consensus estimate of $608.66 million. During the same period in the previous year, the business earned $2.78 EPS. Tyler Technologies’s revenue was up 8.5% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, analysts forecast that Tyler Technologies, Inc. will post 10.01 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. BTIG Research reiterated a “buy” rating and issued a $420.00 price objective on shares of Tyler Technologies in a research note on Wednesday, June 10th. Barclays raised their target price on Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Robert W. Baird set a $455.00 price target on Tyler Technologies in a research report on Friday, May 1st. Truist Financial set a $440.00 price objective on Tyler Technologies in a research note on Friday, May 1st. Finally, Cantor Fitzgerald lifted their price objective on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Twelve investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $468.87.

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.