Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Tyler Technologies, Inc. (NYSE:TYL – Free Report) by 66.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,940 shares of the technology company’s stock after purchasing an additional 15,600 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund owned about 0.09% of Tyler Technologies worth $13,332,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC increased its position in shares of Tyler Technologies by 0.6% in the second quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock valued at $1,754,000 after buying an additional 19 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of Tyler Technologies by 2.0% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock worth $611,000 after buying an additional 23 shares in the last quarter. Signaturefd LLC boosted its position in shares of Tyler Technologies by 4.4% in the 4th quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock worth $291,000 after buying an additional 27 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in Tyler Technologies by 35.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock valued at $54,000 after acquiring an additional 27 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its stake in Tyler Technologies by 7.0% in the 4th quarter. Apollon Wealth Management LLC now owns 445 shares of the technology company’s stock valued at $202,000 after acquiring an additional 29 shares during the last quarter. 93.30% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the stock. Barclays raised their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. lowered their price target on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Citizens Jmp reissued a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research note on Tuesday, April 28th. Truist Financial set a $440.00 price objective on Tyler Technologies in a research report on Friday, May 1st. Finally, Cantor Fitzgerald upped their target price on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Thirteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $472.38.
Tyler Technologies Trading Down 0.1%
Tyler Technologies stock opened at $317.63 on Friday. The stock has a 50-day moving average price of $309.26 and a 200 day moving average price of $354.32. Tyler Technologies, Inc. has a 52 week low of $270.71 and a 52 week high of $621.34. The stock has a market cap of $13.39 billion, a PE ratio of 43.87, a P/E/G ratio of 2.11 and a beta of 0.82.
Tyler Technologies (NYSE:TYL – Get Free Report) last issued its quarterly 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 business had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, equities analysts predict that Tyler Technologies, Inc. will post 10.04 EPS for the current year.
Tyler Technologies Company 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.
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