Tyler Technologies, Inc. $TYL Shares Purchased by T. Rowe Price Investment Management Inc.

T. Rowe Price Investment Management Inc. lifted its position in Tyler Technologies, Inc. (NYSE:TYL) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,888,475 shares of the technology company’s stock after purchasing an additional 44,785 shares during the quarter. T. Rowe Price Investment Management Inc.’s holdings in Tyler Technologies were worth $857,274,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC boosted its holdings in Tyler Technologies by 6,100.0% in the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after purchasing an additional 61 shares during the last quarter. DV Equities LLC acquired a new stake in shares of Tyler Technologies during the 4th quarter worth approximately $27,000. Elyxium Wealth LLC acquired a new stake in shares of Tyler Technologies during the 4th quarter worth approximately $29,000. Cornerstone Planning Group LLC raised its position in shares of Tyler Technologies by 3,900.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after buying an additional 78 shares during the period. Finally, Sfam LLC purchased a new stake in shares of Tyler Technologies during the 4th quarter valued at approximately $37,000. 93.30% of the stock is owned by hedge funds and other institutional investors.

Tyler Technologies Price Performance

NYSE TYL opened at $279.18 on Friday. The company has a market cap of $11.77 billion, a P/E ratio of 38.56, a P/E/G ratio of 1.91 and a beta of 0.82. The stock has a 50-day moving average of $318.24 and a two-hundred day moving average of $366.58. Tyler Technologies, Inc. has a 1-year low of $274.09 and a 1-year high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $608.66 million. During the same quarter in the prior year, the company earned $2.78 earnings per share. The business’s quarterly revenue was up 8.5% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, analysts anticipate that Tyler Technologies, Inc. will post 10.02 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. 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. Truist Financial set a $440.00 price target on Tyler Technologies in a research note on Friday, May 1st. Weiss Ratings cut Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Cantor Fitzgerald raised their price objective on Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, BTIG Research restated a “buy” rating and issued a $420.00 price objective on shares of Tyler Technologies in a report on Wednesday, June 10th. Twelve analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Tyler Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $468.87.

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.