The Manufacturers Life Insurance Company Lowers Stock Holdings in Tyler Technologies, Inc. $TYL

The Manufacturers Life Insurance Company reduced its stake in Tyler Technologies, Inc. (NYSE:TYL) by 7.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,609 shares of the technology company’s stock after selling 1,859 shares during the period. The Manufacturers Life Insurance Company owned 0.05% of Tyler Technologies worth $7,741,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of TYL. Cerity Partners LLC boosted its holdings in shares of Tyler Technologies by 0.6% in the second quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock valued at $1,754,000 after purchasing an additional 19 shares during the period. Coldstream Capital Management Inc. increased its holdings in Tyler Technologies by 2.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock worth $611,000 after purchasing an additional 23 shares during the period. Signaturefd LLC increased its holdings in Tyler Technologies by 4.4% during the 4th quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock worth $291,000 after purchasing an additional 27 shares during the period. Brown Brothers Harriman & Co. raised its position in Tyler Technologies by 35.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock valued at $54,000 after purchasing an additional 27 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its position in Tyler Technologies by 7.0% during the 4th quarter. Apollon Wealth Management LLC now owns 445 shares of the technology company’s stock valued at $202,000 after purchasing an additional 29 shares in the last quarter. 93.30% of the stock is owned by hedge funds and other institutional investors.

Tyler Technologies Price Performance

NYSE TYL opened at $312.73 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55. The stock’s fifty day moving average price is $304.55 and its 200 day moving average price is $331.79. Tyler Technologies, Inc. has a 1 year low of $270.71 and a 1 year high of $621.34. The company has a market cap of $12.81 billion, a price-to-earnings ratio of 41.48, a PEG ratio of 2.03 and a beta of 0.81.

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. The company had revenue of $645.10 million during the quarter, compared to analysts’ expectations of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The firm’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, equities research analysts forecast that Tyler Technologies, Inc. will post 10.04 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TYL. UBS Group set a $395.00 price target on Tyler Technologies in a research report on Saturday. Robert W. Baird set a $455.00 price objective on Tyler Technologies in a report on Friday, May 1st. TD Cowen lowered their price objective on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Monday, July 27th. DA Davidson reiterated a “buy” rating and set a $460.00 target price on shares of Tyler Technologies in a report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. cut their target price on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Tyler Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target 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.