Louisiana State Employees Retirement System Acquires Shares of 2,200 Tyler Technologies, Inc. $TYL

Louisiana State Employees Retirement System purchased a new stake in Tyler Technologies, Inc. (NYSE:TYL) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,200 shares of the technology company’s stock, valued at approximately $753,000.

A number of other institutional investors have also made changes to their positions in the stock. Advisors Asset Management Inc. bought a new stake in shares of Tyler Technologies during the first quarter worth $38,000. NewEdge Advisors LLC lifted its holdings in shares of Tyler Technologies by 17.8% in the first quarter. NewEdge Advisors LLC now owns 251 shares of the technology company’s stock valued at $146,000 after purchasing an additional 38 shares in the last quarter. Woodline Partners LP acquired a new position in shares of Tyler Technologies during the first quarter worth about $2,102,000. Geneos Wealth Management Inc. grew its holdings in shares of Tyler Technologies by 137.9% during the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after buying an additional 40 shares in the last quarter. Finally, American Century Companies Inc. raised its position in Tyler Technologies by 12.5% in the 2nd quarter. American Century Companies Inc. now owns 621 shares of the technology company’s stock valued at $368,000 after buying an additional 69 shares during the last quarter. 93.30% of the stock is owned by institutional investors and hedge funds.

Tyler Technologies Trading Up 2.5%

Tyler Technologies stock traded up $7.98 during trading on Tuesday, hitting $326.99. 22,672 shares of the company were exchanged, compared to its average volume of 703,668. The business’s 50 day moving average is $308.93 and its 200 day moving average is $352.75. Tyler Technologies, Inc. has a 52 week low of $270.71 and a 52 week high of $621.34. The company has a market capitalization of $13.79 billion, a P/E ratio of 44.89, a PEG ratio of 2.11 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $613.50 million for the quarter, compared to the consensus estimate of $608.66 million. During the same period in the previous year, the firm earned $2.78 EPS. The business’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 expect that Tyler Technologies, Inc. will post 10.04 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Robert W. Baird set a $455.00 price target on Tyler Technologies in a research note on Friday, May 1st. Cantor Fitzgerald increased their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. BTIG Research reissued a “buy” rating and issued a $420.00 price objective on shares of Tyler Technologies in a research note on Wednesday, June 10th. Barclays boosted their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Finally, Citizens Jmp restated a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a report on Tuesday, April 28th. Thirteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Tyler Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $472.38.

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.