OMERS ADMINISTRATION Corp Acquires New Holdings in Tyler Technologies, Inc. $TYL

OMERS ADMINISTRATION Corp bought a new stake in Tyler Technologies, Inc. (NYSE:TYL) in the second quarter, Holdings Channel.com reports. The institutional investor bought 2,277 shares of the technology company’s stock, valued at approximately $666,000.

Several other large investors also recently added to or reduced their stakes in TYL. DV Equities LLC bought a new position in shares of Tyler Technologies during the 4th quarter valued at $27,000. Elyxium Wealth LLC bought a new stake in Tyler Technologies in the fourth quarter worth $29,000. Bayban bought a new stake in Tyler Technologies in the fourth quarter worth $30,000. Cornerstone Planning Group LLC increased its position in Tyler Technologies by 3,900.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after buying an additional 78 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in Tyler Technologies during the second quarter worth $35,000. 93.30% of the stock is owned by institutional investors.

Tyler Technologies Stock Performance

Shares of NYSE TYL opened at $370.37 on Friday. 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 business’s 50 day moving average is $314.86 and its two-hundred day moving average is $323.65. The company has a market cap of $15.17 billion, a P/E ratio of 49.12, a P/E/G ratio of 2.32 and a beta of 0.81. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $566.58.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company had revenue of $645.10 million during the quarter, compared to analyst estimates of $647.95 million. During the same period in the previous year, the company earned $2.91 earnings per share. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, equities analysts expect that Tyler Technologies, Inc. will post 10.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. BTIG Research reduced their price target on Tyler Technologies from $420.00 to $400.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Zacks Research raised Tyler Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Piper Sandler cut their price objective on Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Robert W. Baird set a $455.00 target price on Tyler Technologies in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. decreased 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. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $456.72.

Insider Buying and Selling

In related news, COO Jeffrey David Puckett sold 8,500 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the completion of the transaction, the chief operating officer directly owned 7,784 shares in the company, valued at $2,774,528.96. This represents a 52.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is currently owned by insiders.

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.