Strs Ohio Has $2.23 Million Stock Holdings in Tyler Technologies, Inc. $TYL

Strs Ohio trimmed its position in Tyler Technologies, Inc. (NYSE:TYL) by 51.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,529 shares of the technology company’s stock after selling 7,002 shares during the quarter. Strs Ohio’s holdings in Tyler Technologies were worth $2,235,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of TYL. Salomon & Ludwin LLC grew its holdings in Tyler Technologies by 6,100.0% during the fourth quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after purchasing an additional 61 shares during the period. DV Equities LLC acquired a new position in Tyler Technologies during the fourth quarter worth approximately $27,000. Elyxium Wealth LLC bought a new stake in Tyler Technologies in the fourth quarter valued at approximately $29,000. Bayban bought a new stake in Tyler Technologies in the fourth quarter valued at approximately $30,000. Finally, Cornerstone Planning Group LLC lifted its position in shares of Tyler Technologies by 3,900.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after buying an additional 78 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Trading Up 2.7%

Shares of NYSE:TYL traded up $8.47 during trading on Tuesday, reaching $327.48. 55,562 shares of the stock were exchanged, compared to its average volume of 703,771. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $621.34. The stock has a 50-day moving average price of $308.93 and a 200-day moving average price of $352.75. The firm has a market cap of $13.81 billion, a PE ratio of 45.16, a PEG ratio of 2.11 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last announced its earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. The company had revenue of $613.50 million for the quarter, compared to analyst estimates of $608.66 million. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, sell-side analysts expect that Tyler Technologies, Inc. will post 10.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TYL shares. Citizens Jmp reiterated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a research note on Tuesday, April 28th. Weiss Ratings cut Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Barclays raised 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. Cantor Fitzgerald upped their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a research report on Friday, May 1st. Thirteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Tyler Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $472.38.

Tyler Technologies 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.