1,618 Shares in Tyler Technologies, Inc. $TYL Purchased by Equitable Trust Co.

Equitable Trust Co. acquired a new position in Tyler Technologies, Inc. (NYSE:TYL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,618 shares of the technology company’s stock, valued at approximately $554,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. 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 worth $660,089,000 after acquiring an additional 43,421 shares during the last quarter. TimesSquare Capital Management LLC boosted its stake in Tyler Technologies by 7.6% in the 4th quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock worth $50,707,000 after purchasing an additional 7,913 shares in the last quarter. Comerica Bank increased its stake in Tyler Technologies by 67.2% during the 4th quarter. Comerica Bank now owns 29,571 shares of the technology company’s stock valued at $13,424,000 after purchasing an additional 11,889 shares in the last quarter. SG Americas Securities LLC raised its holdings in Tyler Technologies by 127.9% in the 4th quarter. SG Americas Securities LLC now owns 33,775 shares of the technology company’s stock worth $15,332,000 after acquiring an additional 18,952 shares during the last quarter. Finally, UBS Group AG boosted its stake in Tyler Technologies by 6.0% during the 4th quarter. UBS Group AG now owns 224,644 shares of the technology company’s stock valued at $101,977,000 after purchasing an additional 12,673 shares during the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TYL shares. DA Davidson reissued a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Robert W. Baird set a $455.00 target price on Tyler Technologies in a research report on Friday, May 1st. BTIG Research reissued a “buy” rating and set a $420.00 price objective on shares of Tyler Technologies in a research report on Wednesday, June 10th. Truist Financial set a $440.00 target price on shares of Tyler Technologies in a report on Friday, May 1st. Finally, Weiss Ratings cut shares of 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 assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Tyler Technologies has a consensus rating of “Moderate Buy” and an average price target of $472.38.

Tyler Technologies Price Performance

Shares of TYL traded down $1.24 during mid-day trading on Friday, reaching $309.77. 354,635 shares of the company’s stock traded hands, compared to its average volume of 815,753. The stock’s 50-day moving average is $306.54 and its two-hundred day moving average is $349.52. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $621.34. The stock has a market cap of $13.06 billion, a P/E ratio of 42.79, a P/E/G ratio of 2.05 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating 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 company had revenue of $613.50 million during the quarter, compared to analysts’ expectations of $608.66 million. During the same quarter 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. Research analysts predict that Tyler Technologies, Inc. will post 10.04 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.