Tyler Technologies, Inc. (NYSE:TYL) Given Consensus Rating of “Moderate Buy” by Analysts

Tyler Technologies, Inc. (NYSE:TYL) has been given a consensus recommendation of “Moderate Buy” by the fifteen ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $468.8667.

A number of analysts recently commented on the company. Robert W. Baird set a $455.00 price target on Tyler Technologies in a research note on Friday, May 1st. BTIG Research reaffirmed a “buy” rating and issued a $420.00 price target on shares of Tyler Technologies in a research note on Wednesday, June 10th. Truist Financial set a $440.00 price target on Tyler Technologies in a research note on Friday, May 1st. Cantor Fitzgerald raised their price target on Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Barclays raised their price target on Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday.

Tyler Technologies Stock Down 0.3%

Shares of TYL stock opened at $297.95 on Wednesday. The stock has a fifty day moving average of $322.10 and a 200 day moving average of $371.63. Tyler Technologies has a 52 week low of $283.71 and a 52 week high of $621.34. The firm has a market capitalization of $12.56 billion, a price-to-earnings ratio of 41.15, a PEG ratio of 1.99 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The company had revenue of $613.50 million during the quarter, compared to analyst estimates of $608.66 million. During the same quarter last year, the firm posted $2.78 earnings per share. The firm’s revenue was up 8.5% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Equities research analysts anticipate that Tyler Technologies will post 10.02 earnings per share for the current year.

Hedge Funds Weigh In On Tyler Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Tyler Technologies by 4.2% during the third quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company’s stock valued at $3,036,963,000 after buying an additional 234,916 shares during the period. Norges Bank purchased a new position in Tyler Technologies during the fourth quarter valued at $921,035,000. State Street Corp lifted its position in Tyler Technologies by 1.8% during the third quarter. State Street Corp now owns 1,947,850 shares of the technology company’s stock valued at $1,019,037,000 after buying an additional 34,178 shares during the period. T. Rowe Price Investment Management Inc. lifted its position in Tyler Technologies by 2.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,888,475 shares of the technology company’s stock valued at $857,274,000 after buying an additional 44,785 shares during the period. Finally, Principal Financial Group Inc. lifted its position in Tyler Technologies by 20.1% during the first quarter. Principal Financial Group Inc. now owns 1,745,625 shares of the technology company’s stock valued at $597,681,000 after buying an additional 291,564 shares during the period. Hedge funds and other institutional investors own 93.30% of the company’s stock.

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.