Tyler Technologies, Inc. $TYL Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 24.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,957 shares of the technology company’s stock after buying an additional 2,178 shares during the period. Janney Montgomery Scott LLC’s holdings in Tyler Technologies were worth $3,751,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Principal Financial Group Inc. increased its stake in shares of Tyler Technologies by 3.1% in the 4th 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. Van ECK Associates Corp boosted its position in shares of Tyler Technologies by 55.1% during the 3rd quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company’s stock valued at $444,740,000 after acquiring an additional 301,885 shares during the last quarter. TimesSquare Capital Management LLC grew its holdings in shares of Tyler Technologies by 7.6% in the fourth quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock valued at $50,707,000 after purchasing an additional 7,913 shares during the period. Comerica Bank raised its stake in Tyler Technologies by 67.2% during the fourth quarter. Comerica Bank now owns 29,571 shares of the technology company’s stock worth $13,424,000 after purchasing an additional 11,889 shares during the period. Finally, UBS Group AG boosted its holdings in Tyler Technologies by 6.0% in 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. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TYL. Truist Financial set a $440.00 price target on shares of Tyler Technologies in a report on Friday, May 1st. Citizens Jmp reiterated a “market outperform” rating and issued a $500.00 price objective on shares of Tyler Technologies in a research report on Tuesday, April 28th. BTIG Research reiterated a “buy” rating and issued a $420.00 price objective on shares of Tyler Technologies in a research report on Wednesday, June 10th. JPMorgan Chase & Co. cut their target price on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Finally, Barclays lifted their target price on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Thirteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Tyler Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $472.38.

Tyler Technologies Stock Performance

Shares of TYL traded up $7.68 during mid-day trading on Tuesday, hitting $326.69. 43,565 shares of the company’s stock were exchanged, compared to its average volume of 703,771. The stock’s 50-day moving average is $308.93 and its 200-day moving average is $352.75. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $621.34. The company has a market cap of $13.78 billion, a price-to-earnings ratio of 45.14, a P/E/G ratio of 2.11 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last announced its 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 firm had revenue of $613.50 million for the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, equities research analysts anticipate that Tyler Technologies, Inc. will post 10.04 EPS for the current 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.