Stephens Investment Management Group LLC Boosts Stake in Tyler Technologies, Inc. $TYL

Stephens Investment Management Group LLC boosted its position in shares of Tyler Technologies, Inc. (NYSE:TYL) by 5.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 143,322 shares of the technology company’s stock after buying an additional 7,798 shares during the period. Stephens Investment Management Group LLC’s holdings in Tyler Technologies were worth $49,071,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TYL. Advisors Asset Management Inc. bought a new position in shares of Tyler Technologies during the 1st quarter valued at approximately $38,000. NewEdge Advisors LLC increased its position in Tyler Technologies by 17.8% in the first quarter. NewEdge Advisors LLC now owns 251 shares of the technology company’s stock worth $146,000 after purchasing an additional 38 shares during the last quarter. Woodline Partners LP bought a new stake in Tyler Technologies in the first quarter worth $2,102,000. Geneos Wealth Management Inc. raised its stake in Tyler Technologies by 137.9% during the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after purchasing an additional 40 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Tyler Technologies by 12.5% during the second quarter. American Century Companies Inc. now owns 621 shares of the technology company’s stock valued at $368,000 after purchasing an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Weiss Ratings downgraded shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Robert W. Baird set a $455.00 target price on shares of Tyler Technologies in a research report on Friday, May 1st. DA Davidson reaffirmed a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. Finally, Barclays lifted their price target on Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Thirteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Tyler Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $472.38.

Tyler Technologies Stock Performance

NYSE:TYL opened at $317.63 on Friday. The firm has a market capitalization of $13.39 billion, a PE ratio of 43.87, a PEG ratio of 2.11 and a beta of 0.82. The stock’s fifty day moving average is $309.26 and its 200 day moving average is $354.32. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $621.34.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 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 company had revenue of $613.50 million during the quarter, compared to analyst estimates of $608.66 million. During the same period in the previous year, the firm earned $2.78 earnings per share. Tyler Technologies’s quarterly revenue 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 EPS for the current year.

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.