UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $117.21 Million Holdings in Tyler Technologies, Inc. $TYL

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 13.9% in the 2nd quarter, Holdings Channel reports. The fund owned 400,775 shares of the technology company’s stock after purchasing an additional 48,832 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Tyler Technologies were worth $117,211,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Cerity Partners LLC increased its position in Tyler Technologies by 0.6% during the second quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after acquiring an additional 19 shares during the period. Coldstream Capital Management Inc. boosted its holdings in Tyler Technologies by 2.0% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock valued at $611,000 after purchasing an additional 23 shares during the period. Brown Brothers Harriman & Co. grew its position in Tyler Technologies by 35.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock worth $54,000 after purchasing an additional 27 shares during the last quarter. Glenmede Investment Management LP grew its position in Tyler Technologies by 4.9% in the 3rd quarter. Glenmede Investment Management LP now owns 615 shares of the technology company’s stock worth $322,000 after purchasing an additional 29 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Tyler Technologies by 17.8% during the 1st quarter. Blue Trust Inc. now owns 199 shares of the technology company’s stock worth $68,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 93.30% of the company’s stock.

Tyler Technologies Price Performance

Shares of Tyler Technologies stock opened at $376.30 on Wednesday. The firm has a market cap of $15.41 billion, a P/E ratio of 49.91, a price-to-earnings-growth ratio of 2.45 and a beta of 0.83. The firm’s 50-day simple moving average is $320.73 and its 200-day simple moving average is $324.16. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve month high of $566.58. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55.

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

Insider Activity

In related news, COO Jeffrey David Puckett sold 8,500 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was 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 owned 7,784 shares in the company, valued at $2,774,528.96. This trade represents a 52.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

TYL has been the subject of several research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Tyler Technologies in a research note on Tuesday, July 21st. TD Cowen lowered their price target on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Barclays upped their price target on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. DA Davidson reissued a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a report on Wednesday, June 10th. Finally, UBS Group set a $395.00 price objective on Tyler Technologies in a report on Saturday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $456.72.

About Tyler Technologies

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.