Tyler Technologies, Inc. $TYL Shares Bought by Swiss National Bank

Swiss National Bank lifted its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 6.5% in the 1st quarter, HoldingsChannel reports. The firm owned 126,240 shares of the technology company’s stock after purchasing an additional 7,680 shares during the quarter. Swiss National Bank’s holdings in Tyler Technologies were worth $43,222,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of TYL. Mediolanum International Funds Ltd grew its position in Tyler Technologies by 5.9% in the 1st quarter. Mediolanum International Funds Ltd now owns 3,138 shares of the technology company’s stock valued at $1,071,000 after buying an additional 174 shares in the last quarter. Heartland Advisors Inc. acquired a new position in Tyler Technologies during the 1st quarter valued at about $1,562,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Tyler Technologies by 75.0% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 147 shares of the technology company’s stock worth $50,000 after buying an additional 63 shares in the last quarter. Hamilton Point Investment Advisors LLC raised its position in shares of Tyler Technologies by 5.6% during the 1st quarter. Hamilton Point Investment Advisors LLC now owns 1,437 shares of the technology company’s stock worth $492,000 after buying an additional 76 shares in the last quarter. Finally, C WorldWide Group Holding A S lifted its stake in shares of Tyler Technologies by 26.1% in the 1st quarter. C WorldWide Group Holding A S now owns 29,433 shares of the technology company’s stock worth $10,077,000 after acquiring an additional 6,095 shares during the period. 93.30% of the stock is owned by institutional investors and hedge funds.

Tyler Technologies Trading Down 5.3%

NYSE:TYL opened at $283.96 on Thursday. The company has a 50-day moving average of $304.41 and a 200-day moving average of $340.17. The firm has a market cap of $11.97 billion, a price-to-earnings ratio of 39.22, a price-to-earnings-growth ratio of 1.99 and a beta of 0.82. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve 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 analysts’ consensus estimates of $3.01 by $0.08. The business had revenue of $613.50 million for the quarter, compared to analysts’ expectations 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 period in the previous year, the firm posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, research analysts forecast that Tyler Technologies, Inc. will post 10.04 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TYL. Cantor Fitzgerald increased their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, May 1st. 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 report on Tuesday, June 23rd. Guggenheim initiated coverage on Tyler Technologies in a research note on Wednesday. They set a “buy” rating for the company. DA Davidson reiterated a “buy” rating and set a $460.00 price target on shares of Tyler Technologies in a research report on Wednesday, June 10th. Finally, Robert W. Baird set a $455.00 price target on Tyler Technologies in a research report on Friday, May 1st. Fourteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Tyler Technologies currently has an average rating of “Moderate Buy” and an average target price of $470.47.

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.