Delta Global Management LP Makes New Investment in Tyler Technologies, Inc. $TYL

Delta Global Management LP bought a new stake in Tyler Technologies, Inc. (NYSE:TYL) during the 1st quarter, HoldingsChannel reports. The fund bought 5,732 shares of the technology company’s stock, valued at approximately $1,963,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC raised 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 in the last quarter. DV Equities LLC purchased a new stake in Tyler Technologies in the 4th quarter valued at approximately $27,000. Elyxium Wealth LLC purchased a new stake in Tyler Technologies in the 4th quarter valued at approximately $29,000. Bayban acquired a new position in Tyler Technologies during the 4th quarter worth approximately $30,000. Finally, Cornerstone Planning Group LLC increased its position in Tyler Technologies by 3,900.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after purchasing an additional 78 shares during the period. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Trading Up 0.1%

Shares of Tyler Technologies stock opened at $297.55 on Monday. The company has a 50-day moving average of $303.92 and a two-hundred day moving average of $338.12. Tyler Technologies, Inc. has a 12-month low of $270.71 and a 12-month high of $621.34. The stock has a market cap of $12.55 billion, a PE ratio of 41.10, a price-to-earnings-growth ratio of 1.97 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 the consensus estimate of $3.01 by $0.08. The business 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 company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, sell-side analysts forecast that Tyler Technologies, Inc. will post 10.04 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on TYL shares. Truist Financial set a $440.00 price target on Tyler Technologies in a report on Friday, May 1st. 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 report on Tuesday, June 23rd. DA Davidson reiterated a “buy” rating and issued a $460.00 price objective on shares of Tyler Technologies in a research report 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 boosted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $470.47.

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.