Danske Bank A S Makes New $9.88 Million Investment in Tyler Technologies, Inc. $TYL

Danske Bank A S purchased a new position in shares of Tyler Technologies, Inc. (NYSE:TYL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 33,789 shares of the technology company’s stock, valued at approximately $9,882,000. Danske Bank A S owned 0.08% of Tyler Technologies at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Diversify Advisory Services LLC acquired a new position in shares of Tyler Technologies in the second quarter valued at approximately $670,000. Wealthfront Advisers LLC acquired a new stake in shares of Tyler Technologies in the second quarter valued at approximately $643,000. Summit Creek Advisors LLC acquired a new stake in Tyler Technologies in the 2nd quarter valued at $204,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Tyler Technologies during the 2nd quarter worth about $114,000. Finally, Meeder Advisory Services Inc. bought a new stake in Tyler Technologies during the 2nd quarter worth about $418,000. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TYL has been the topic of a number of recent research reports. DA Davidson reaffirmed a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Guggenheim began coverage on Tyler Technologies in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 price target for the company. BTIG Research lowered their price target on Tyler Technologies from $420.00 to $400.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. JPMorgan Chase & Co. dropped their price objective on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. Finally, Truist Financial set a $440.00 price objective on Tyler Technologies in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $456.72.

Tyler Technologies Price Performance

Shares of NYSE TYL opened at $350.75 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average price is $309.38 and its two-hundred day moving average price is $323.47. The company has a market cap of $14.36 billion, a PE ratio of 46.52, a price-to-earnings-growth ratio of 2.29 and a beta of 0.81. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve month high of $566.95.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, beating 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 business’s revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm posted $2.91 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, analysts predict that Tyler Technologies, Inc. will post 10.12 EPS for the current year.

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.