Tyler Technologies, Inc. $TYL Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 13.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,405 shares of the technology company’s stock after purchasing an additional 8,637 shares during the period. Hsbc Holdings PLC’s holdings in Tyler Technologies were worth $24,455,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TYL. Principal Financial Group Inc. grew its holdings in Tyler Technologies by 3.1% during the 4th 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 increased its stake in Tyler Technologies by 7.6% during the 4th quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock worth $50,707,000 after buying an additional 7,913 shares during the period. Norges Bank acquired a new position in Tyler Technologies in the 4th quarter worth $921,035,000. Comerica Bank lifted its holdings in Tyler Technologies by 67.2% in the 4th quarter. Comerica Bank now owns 29,571 shares of the technology company’s stock worth $13,424,000 after buying an additional 11,889 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in Tyler Technologies by 127.9% in the 4th quarter. SG Americas Securities LLC now owns 33,775 shares of the technology company’s stock valued at $15,332,000 after buying an additional 18,952 shares during the last quarter. 93.30% of the stock is owned by institutional investors and hedge funds.

Tyler Technologies Stock Performance

NYSE TYL opened at $299.88 on Wednesday. Tyler Technologies, Inc. has a one year low of $270.71 and a one year high of $621.34. The company has a 50-day simple moving average of $304.71 and a 200-day simple moving average of $341.36. The firm has a market capitalization of $12.65 billion, a PE ratio of 41.42, a price-to-earnings-growth ratio of 2.11 and a beta of 0.82.

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TYL. JPMorgan Chase & Co. lowered their target price on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Cantor Fitzgerald boosted 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. BTIG Research reissued a “buy” rating and issued a $420.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. Robert W. Baird set a $455.00 price target on Tyler Technologies in a report on Friday, May 1st. Finally, Citizens Jmp restated a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research note on Tuesday, April 28th. Thirteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $472.38.

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.