Goldman Sachs Group Inc. Has $172.02 Million Stake in Tyler Technologies, Inc. $TYL

Goldman Sachs Group Inc. lifted its stake in shares of Tyler Technologies, Inc. (NYSE:TYL) by 7.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 378,937 shares of the technology company’s stock after buying an additional 25,859 shares during the quarter. Goldman Sachs Group Inc. owned about 0.88% of Tyler Technologies worth $172,018,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of TYL. Advisors Asset Management Inc. acquired a new stake in shares of Tyler Technologies during the 1st quarter worth approximately $38,000. NewEdge Advisors LLC boosted its holdings in Tyler Technologies by 17.8% during the 1st quarter. NewEdge Advisors LLC now owns 251 shares of the technology company’s stock worth $146,000 after acquiring an additional 38 shares during the last quarter. Woodline Partners LP purchased a new position in Tyler Technologies during the 1st quarter worth $2,102,000. Geneos Wealth Management Inc. boosted its holdings in Tyler Technologies by 137.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after acquiring an additional 40 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Tyler Technologies by 12.5% during the 2nd quarter. American Century Companies Inc. now owns 621 shares of the technology company’s stock worth $368,000 after acquiring an additional 69 shares during the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Wall Street Analyst Weigh In

TYL has been the topic of a number of analyst reports. Robert W. Baird set a $455.00 price objective on shares of Tyler Technologies in a report on Friday, May 1st. Barclays boosted their price objective on Tyler Technologies from $410.00 to $420.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. DA Davidson restated a “buy” rating and issued a $460.00 price objective on shares of Tyler Technologies in a research note on Wednesday, May 13th. Citizens Jmp reaffirmed a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a report on Tuesday, April 28th. Finally, Weiss Ratings lowered Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Twelve analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $468.53.

Tyler Technologies Trading Up 0.2%

Shares of NYSE TYL opened at $312.62 on Monday. The firm has a market capitalization of $13.18 billion, a price-to-earnings ratio of 43.18, a PEG ratio of 2.10 and a beta of 0.83. The business has a 50-day moving average of $325.74 and a 200-day moving average of $377.37. Tyler Technologies, Inc. has a 12 month low of $283.71 and a 12 month high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its 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. The business had revenue of $613.50 million during the quarter, compared to analyst estimates of $608.66 million. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.Tyler Technologies’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, analysts predict that Tyler Technologies, Inc. will post 9.91 earnings per share for the current year.

Insider Transactions at Tyler Technologies

In other Tyler Technologies news, Director Glenn A. Carter sold 1,624 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $349.14, for a total value of $567,003.36. Following the completion of the sale, the director owned 5,298 shares of the company’s stock, valued at $1,849,743.72. This represents a 23.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

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.