Fisher Funds Management LTD Invests $8.83 Million in Tyler Technologies, Inc. $TYL

Fisher Funds Management LTD acquired a new stake in Tyler Technologies, Inc. (NYSE:TYL) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 25,778 shares of the technology company’s stock, valued at approximately $8,826,000.

A number of other large investors have also added to or reduced their stakes in TYL. Salomon & Ludwin LLC boosted its position in Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after buying an additional 61 shares during the period. DV Equities LLC acquired a new position in Tyler Technologies in the 4th quarter valued at approximately $27,000. Elyxium Wealth LLC acquired a new position in Tyler Technologies in the 4th quarter valued at approximately $29,000. Bayban bought a new position in shares of Tyler Technologies during the fourth quarter valued at $30,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of Tyler Technologies by 3,900.0% during the fourth 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 during the last quarter. Institutional investors own 93.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a report on Friday, May 1st. Cantor Fitzgerald increased 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. 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. Weiss Ratings downgraded Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Finally, DA Davidson reiterated a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a research report on Wednesday, June 10th. Twelve analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $468.87.

Tyler Technologies Price Performance

Shares of Tyler Technologies stock opened at $279.18 on Monday. The stock’s 50-day moving average is $317.27 and its 200 day moving average is $365.26. Tyler Technologies, Inc. has a one year low of $274.09 and a one year high of $621.34. The firm has a market cap of $11.77 billion, a price-to-earnings ratio of 38.56, a PEG ratio of 1.86 and a beta of 0.83.

Tyler Technologies (NYSE:TYL) last issued its earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $608.66 million. During the same period in the previous year, the company posted $2.78 earnings per share. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. 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 10.01 EPS for the current fiscal year.

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.