Blair William & Co. IL Lowers Stake in Tyler Technologies, Inc. $TYL

Blair William & Co. IL cut its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 412,858 shares of the technology company’s stock after selling 11,850 shares during the quarter. Blair William & Co. IL owned about 0.96% of Tyler Technologies worth $187,417,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of TYL. Vanguard Group Inc. grew its holdings in shares of Tyler Technologies by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company’s stock worth $3,036,963,000 after purchasing an additional 234,916 shares during the period. Norges Bank purchased a new position in Tyler Technologies in the fourth quarter valued at approximately $921,035,000. State Street Corp raised its holdings in Tyler Technologies by 1.8% in the third quarter. State Street Corp now owns 1,947,850 shares of the technology company’s stock valued at $1,019,037,000 after buying an additional 34,178 shares during the period. Principal Financial Group Inc. lifted its position in Tyler Technologies by 3.1% during the fourth 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 in the last quarter. Finally, Geode Capital Management LLC lifted its position in Tyler Technologies by 1.1% during the fourth 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 in the last quarter. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on TYL. Weiss Ratings lowered shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Truist Financial set a $440.00 target price on shares of Tyler Technologies in a report on Friday, May 1st. DA Davidson reiterated a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. Citizens Jmp reissued a “market outperform” rating and issued a $500.00 price objective on shares of Tyler Technologies in a research report on Tuesday, April 28th. Finally, Cantor Fitzgerald boosted their price objective on Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Twelve investment 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $468.87.

Tyler Technologies Trading Up 2.9%

Shares of TYL stock opened at $298.14 on Wednesday. The company has a market capitalization of $12.57 billion, a PE ratio of 41.18, a price-to-earnings-growth ratio of 1.93 and a beta of 0.82. The firm has a fifty day simple moving average of $320.32 and a 200-day simple moving average of $369.17. Tyler Technologies, Inc. has a twelve month low of $283.71 and a twelve month high of $621.34.

Tyler Technologies (NYSE:TYL) last released 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 firm had revenue of $613.50 million for the quarter, compared to the consensus estimate of $608.66 million. During the same quarter in the previous year, the firm posted $2.78 EPS. The firm’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. Equities research analysts predict that Tyler Technologies, Inc. will post 10.02 EPS for the current 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.