Kopion Asset Management LLC lifted its holdings in Tyler Technologies, Inc. (NYSE:TYL – Free Report) by 411.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,605 shares of the technology company’s stock after purchasing an additional 15,771 shares during the period. Tyler Technologies comprises approximately 3.6% of Kopion Asset Management LLC’s holdings, making the stock its 14th biggest position. Kopion Asset Management LLC’s holdings in Tyler Technologies were worth $5,734,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. American Capital Management Inc. increased its stake in shares of Tyler Technologies by 348.9% in the 1st quarter. American Capital Management Inc. now owns 98,942 shares of the technology company’s stock worth $33,876,000 after purchasing an additional 76,903 shares in the last quarter. Principal Financial Group Inc. lifted its position in Tyler Technologies by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock valued at $660,089,000 after purchasing an additional 43,421 shares in the last quarter. TimesSquare Capital Management LLC lifted its position in Tyler Technologies by 7.6% during the fourth quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock valued at $50,707,000 after purchasing an additional 7,913 shares in the last quarter. Edgestream Partners L.P. bought a new stake in Tyler Technologies during the first quarter valued at about $2,739,000. Finally, Norges Bank bought a new stake in Tyler Technologies during the fourth quarter valued at about $921,035,000. Hedge funds and other institutional investors own 93.30% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have commented on TYL shares. UBS Group set a $395.00 price target on Tyler Technologies in a research report on Saturday. Guggenheim started coverage on Tyler Technologies in a research report on Wednesday, July 22nd. They set a “buy” rating and a $440.00 price objective on the stock. DA Davidson reiterated a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a research note on Wednesday, June 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Tyler Technologies in a report on Tuesday, July 21st. Finally, Barclays raised their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $456.72.
Tyler Technologies Trading Up 2.4%
Shares of Tyler Technologies stock opened at $312.73 on Wednesday. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $621.34. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55. The company has a market capitalization of $12.81 billion, a P/E ratio of 41.48, a P/E/G ratio of 2.03 and a beta of 0.81. The company has a fifty day moving average of $304.55 and a 200 day moving average of $331.79.
Tyler Technologies (NYSE:TYL – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.03. The business had revenue of $645.10 million for 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 business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm earned $2.91 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, sell-side analysts anticipate that Tyler Technologies, Inc. will post 10.04 earnings per share for the current fiscal year.
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.
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