Hsbc Holdings PLC Reduces Stock Holdings in Tyler Technologies, Inc. $TYL

Hsbc Holdings PLC reduced its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,768 shares of the technology company’s stock after selling 3,274 shares during the period. Hsbc Holdings PLC’s holdings in Tyler Technologies were worth $28,513,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC boosted its holdings in Tyler Technologies by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock valued at $1,754,000 after purchasing an additional 19 shares during the last quarter. Coldstream Capital Management Inc. raised its position in Tyler Technologies by 2.0% in the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock valued at $611,000 after purchasing an additional 23 shares during the period. Signaturefd LLC lifted its stake in shares of Tyler Technologies by 4.4% in the 4th quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock valued at $291,000 after purchasing an additional 27 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Tyler Technologies by 35.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock worth $54,000 after purchasing an additional 27 shares during the period. Finally, Apollon Wealth Management LLC increased its position in shares of Tyler Technologies by 7.0% during the 4th quarter. Apollon Wealth Management LLC now owns 445 shares of the technology company’s stock worth $202,000 after purchasing an additional 29 shares during the last quarter. 93.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TYL shares. BTIG Research reaffirmed a “buy” rating and issued a $420.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. DA Davidson reaffirmed a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a research report on Wednesday, June 10th. JPMorgan Chase & Co. dropped their target price on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Truist Financial set a $440.00 target price on Tyler Technologies in a research report on Friday, May 1st. Finally, Weiss Ratings cut Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Thirteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Tyler Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $472.38.

Tyler Technologies Price Performance

NYSE TYL opened at $319.19 on Tuesday. The company has a market cap of $13.46 billion, a P/E ratio of 44.09, a P/E/G ratio of 2.11 and a beta of 0.82. The stock has a 50-day moving average of $308.93 and a two-hundred day moving average of $352.75. Tyler Technologies, Inc. has a 1-year low of $270.71 and a 1-year high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.08. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The business had revenue of $613.50 million for the quarter, compared to analysts’ expectations of $608.66 million. During the same quarter in the prior year, the company earned $2.78 earnings per share. The business’s quarterly revenue 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, analysts anticipate that Tyler Technologies, Inc. will post 10.04 EPS for the current fiscal 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.