Van ECK Associates Corp Grows Holdings in Tyler Technologies, Inc. $TYL

Van ECK Associates Corp grew its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 43.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,217,306 shares of the technology company’s stock after acquiring an additional 367,203 shares during the quarter. Van ECK Associates Corp’s holdings in Tyler Technologies were worth $552,596,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Boston Family Office LLC increased its stake in shares of Tyler Technologies by 9.6% during the fourth quarter. Boston Family Office LLC now owns 4,198 shares of the technology company’s stock valued at $1,906,000 after buying an additional 369 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Tyler Technologies by 8.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 358,115 shares of the technology company’s stock valued at $162,566,000 after buying an additional 29,055 shares during the period. Wells Fargo & Company MN increased its stake in shares of Tyler Technologies by 3.0% during the fourth quarter. Wells Fargo & Company MN now owns 139,593 shares of the technology company’s stock valued at $63,368,000 after buying an additional 4,125 shares during the period. Van Lanschot Kempen Investment Management N.V. increased its stake in shares of Tyler Technologies by 0.7% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 14,113 shares of the technology company’s stock valued at $6,407,000 after buying an additional 99 shares during the period. Finally, Korea Investment CORP increased its stake in shares of Tyler Technologies by 12.1% during the fourth quarter. Korea Investment CORP now owns 26,396 shares of the technology company’s stock valued at $11,982,000 after buying an additional 2,842 shares during the period. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Tyler Technologies Stock Performance

Shares of NYSE TYL opened at $297.95 on Friday. The company has a market cap of $12.56 billion, a PE ratio of 41.15, a P/E/G ratio of 1.97 and a beta of 0.82. The business has a 50-day simple moving average of $322.10 and a two-hundred day simple moving average of $372.20. Tyler Technologies, Inc. has a fifty-two week low of $283.71 and a fifty-two week 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 for the quarter, topping the consensus estimate 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 return on equity of 10.74% and a net margin of 13.26%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company earned $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, sell-side analysts predict that Tyler Technologies, Inc. will post 10.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TYL. Robert W. Baird set a $455.00 price target on Tyler Technologies in a research note on Friday, May 1st. Citizens Jmp restated a “market outperform” rating and set a $500.00 price target on shares of Tyler Technologies in a research note on Tuesday, April 28th. DA Davidson restated a “buy” rating and set a $460.00 price target on shares of Tyler Technologies in a research note on Wednesday. Wells Fargo & Company cut their price target on Tyler Technologies from $420.00 to $335.00 and set an “equal weight” rating on the stock in a research note on Friday, February 13th. Finally, TD Cowen cut their price target on Tyler Technologies from $600.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. 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 company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $468.87.

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.