United Capital Financial Advisors LLC Makes New $1.14 Million Investment in Tyler Technologies, Inc. $TYL

United Capital Financial Advisors LLC acquired a new position in shares of Tyler Technologies, Inc. (NYSE:TYL) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,898 shares of the technology company’s stock, valued at approximately $1,140,000.

A number of other hedge funds have also modified their holdings of TYL. BlackRock Inc. purchased a new position in Tyler Technologies during the second quarter worth $1,129,890,000. Norges Bank acquired a new stake in shares of Tyler Technologies in the fourth quarter worth approximately $921,035,000. Bank of America Corp DE acquired a new position in shares of Tyler Technologies in the 2nd quarter valued at $116,831,000. Van ECK Associates Corp grew its position in Tyler Technologies by 43.2% during the fourth quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock valued at $552,596,000 after acquiring an additional 367,203 shares during the period. Finally, Deutsche Bank AG purchased a new stake in shares of Tyler Technologies during the 2nd quarter worth about $88,645,000. 93.30% of the stock is owned by hedge funds and other institutional investors.

Tyler Technologies Stock Up 2.4%

Shares of Tyler Technologies stock opened at $378.87 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. Tyler Technologies, Inc. has a 12-month low of $270.71 and a 12-month high of $566.58. The firm has a market capitalization of $15.51 billion, a PE ratio of 50.25, a price-to-earnings-growth ratio of 2.49 and a beta of 0.81. The stock’s fifty day moving average is $316.86 and its 200-day moving average is $324.04.

Tyler Technologies (NYSE:TYL) last released its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, topping the consensus estimate of $3.05 by $0.03. The business had revenue of $645.10 million for the quarter, compared to the consensus estimate of $647.95 million. Tyler Technologies had a net margin of 13.36% and a return on equity of 11.15%. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. 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. Equities analysts anticipate that Tyler Technologies, Inc. will post 10.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TYL has been the subject of several recent research reports. Zacks Research upgraded Tyler Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Piper Sandler decreased their price objective on shares of Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating for the company in a report on Friday, July 31st. UBS Group set a $395.00 price target on Tyler Technologies in a research report on Saturday, August 1st. BTIG Research cut their price target on Tyler Technologies from $420.00 to $400.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Finally, DA Davidson restated a “buy” rating and set a $460.00 price target on shares of Tyler Technologies in a research report on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $456.72.

Insider Activity at Tyler Technologies

In other news, COO Jeffrey David Puckett sold 8,500 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $356.44, for a total value of $3,029,740.00. Following the transaction, the chief operating officer directly owned 7,784 shares of the company’s stock, valued at approximately $2,774,528.96. This represents a 52.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.10% of the stock is currently owned by corporate insiders.

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.