General American Investors Co. Inc. grew its position in shares of Tyler Technologies, Inc. (NYSE:TYL – Free Report) by 5.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 46,681 shares of the technology company’s stock after buying an additional 2,300 shares during the period. Tyler Technologies accounts for 1.2% of General American Investors Co. Inc.’s holdings, making the stock its 23rd biggest holding. General American Investors Co. Inc.’s holdings in Tyler Technologies were worth $21,191,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the company. Cerity Partners LLC raised its position in Tyler Technologies by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after buying an additional 19 shares during the last quarter. Coldstream Capital Management Inc. raised its position 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 buying an additional 23 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its position in Tyler Technologies by 0.8% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 3,008 shares of the technology company’s stock worth $1,573,000 after buying an additional 25 shares during the last quarter. Signaturefd LLC raised its position 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 buying an additional 27 shares during the last quarter. Finally, 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 worth $54,000 after buying an additional 27 shares during the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. Robert W. Baird set a $455.00 price objective on shares of Tyler Technologies in a research report on Friday, May 1st. Cantor Fitzgerald upped their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Citizens Jmp restated a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research report on Tuesday, April 28th. Weiss Ratings downgraded shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Finally, Truist Financial set a $440.00 price target on shares of Tyler Technologies in a research note on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $468.87.
Tyler Technologies Stock Up 0.8%
Shares of TYL opened at $297.95 on Friday. The company has a 50-day simple moving average of $322.10 and a 200-day simple moving average of $372.20. The company has a market capitalization of $12.56 billion, a PE ratio of 41.15, a P/E/G ratio of 1.99 and a beta of 0.82. Tyler Technologies, Inc. has a 52-week low of $283.71 and a 52-week high of $621.34.
Tyler Technologies (NYSE:TYL – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. The business had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The business’s revenue was up 8.5% compared to the same quarter last year. During the same quarter last 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 anticipate that Tyler Technologies, Inc. will post 10.02 EPS for the current year.
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.
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