Hsbc Holdings PLC Invests $21.28 Million in Tyler Technologies, Inc. $TYL

Hsbc Holdings PLC acquired a new stake in Tyler Technologies, Inc. (NYSE:TYL) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 72,808 shares of the technology company’s stock, valued at approximately $21,280,000.

Other large investors also recently modified their holdings of the company. DV Equities LLC acquired a new position in Tyler Technologies in the fourth quarter valued at $27,000. Elyxium Wealth LLC acquired a new stake in Tyler Technologies during the 4th quarter worth about $29,000. Bayban acquired a new stake in Tyler Technologies during the 4th quarter worth about $30,000. Cornerstone Planning Group LLC raised its position in shares of Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after acquiring an additional 78 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Tyler Technologies in the 2nd quarter worth about $35,000. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Price Performance

TYL stock opened at $370.37 on Friday. The stock has a market capitalization of $15.17 billion, a PE ratio of 49.12, a price-to-earnings-growth ratio of 2.32 and a beta of 0.81. The company’s 50-day moving average is $314.86 and its 200-day moving average is $323.65. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55. Tyler Technologies, Inc. has a 1 year low of $270.71 and a 1 year high of $566.58.

Tyler Technologies (NYSE:TYL) last issued its earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, beating the consensus estimate of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. During the same period last year, the business posted $2.91 EPS. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities research analysts expect that Tyler Technologies, Inc. will post 10.13 EPS for the current fiscal year.

Insider Transactions at Tyler Technologies

In other Tyler Technologies news, COO Jeffrey David Puckett sold 8,500 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $356.44, for a total value of $3,029,740.00. Following the completion of the sale, the chief operating officer owned 7,784 shares of the company’s stock, valued at approximately $2,774,528.96. This trade represents a 52.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on TYL. Robert W. Baird set a $455.00 target price on Tyler Technologies in a research report on Friday, May 1st. Barclays lifted their target price on Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Tyler Technologies in a research note on Tuesday, July 21st. Piper Sandler cut their price target on Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Finally, Zacks Research raised shares of Tyler Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $456.72.

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.