Evolve Private Wealth LLC Acquires Shares of 1,524 Tyler Technologies, Inc. $TYL

Evolve Private Wealth LLC bought a new position in Tyler Technologies, Inc. (NYSE:TYL) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,524 shares of the technology company’s stock, valued at approximately $446,000.

Several other institutional investors and hedge funds have also made changes to their positions in TYL. BlackRock Inc. purchased a new position in Tyler Technologies during the second quarter worth approximately $1,129,890,000. Norges Bank purchased a new stake in Tyler Technologies in the 4th quarter valued at $921,035,000. Van ECK Associates Corp grew its holdings in Tyler Technologies by 43.2% in the 4th quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock valued at $552,596,000 after buying an additional 367,203 shares in the last quarter. Deutsche Bank AG acquired a new stake in shares of Tyler Technologies in the 2nd quarter worth $88,645,000. Finally, Principal Financial Group Inc. increased its stake in shares of Tyler Technologies by 20.1% in the 1st quarter. Principal Financial Group Inc. now owns 1,745,625 shares of the technology company’s stock worth $597,681,000 after acquiring an additional 291,564 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Price Performance

NYSE:TYL opened at $349.82 on Wednesday. Tyler Technologies, Inc. has a 52 week low of $270.71 and a 52 week high of $566.58. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $14.32 billion, a P/E ratio of 46.39, a P/E/G ratio of 2.34 and a beta of 0.81. The stock’s fifty day moving average is $311.74 and its two-hundred day moving average is $323.41.

Tyler Technologies (NYSE:TYL) last announced its quarterly 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. The business had revenue of $645.10 million for the quarter, compared to analyst estimates of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities analysts expect that Tyler Technologies, Inc. will post 10.13 EPS for the current year.

Wall Street Analysts Forecast Growth

TYL has been the topic of several analyst reports. BTIG Research reduced their price target on Tyler Technologies from $420.00 to $400.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Weiss Ratings reissued a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. JPMorgan Chase & Co. cut their price objective on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. TD Cowen reduced their target price on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Finally, UBS Group set a $395.00 target price on shares of Tyler Technologies in a report on Saturday, August 1st. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $456.72.

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.