Strs Ohio Has $2.23 Million Holdings in Tyler Technologies, Inc. $TYL

Strs Ohio trimmed its holdings in shares of Tyler Technologies, Inc. (NYSE:TYL) by 51.7% during the first quarter, Holdings Channel.com reports. The fund owned 6,529 shares of the technology company’s stock after selling 7,002 shares during the quarter. Strs Ohio’s holdings in Tyler Technologies were worth $2,235,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Principal Financial Group Inc. grew its position in Tyler Technologies by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock worth $660,089,000 after buying an additional 43,421 shares in the last quarter. Van ECK Associates Corp raised its holdings in Tyler Technologies by 55.1% in the 3rd quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company’s stock valued at $444,740,000 after acquiring an additional 301,885 shares in the last quarter. TimesSquare Capital Management LLC raised its holdings in Tyler Technologies by 7.6% in the 4th quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock valued at $50,707,000 after acquiring an additional 7,913 shares in the last quarter. Comerica Bank lifted its position in shares of Tyler Technologies by 67.2% during the 4th quarter. Comerica Bank now owns 29,571 shares of the technology company’s stock valued at $13,424,000 after acquiring an additional 11,889 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of Tyler Technologies by 127.9% during the 4th quarter. SG Americas Securities LLC now owns 33,775 shares of the technology company’s stock valued at $15,332,000 after acquiring an additional 18,952 shares during the period. Institutional investors and hedge funds own 93.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on TYL shares. DA Davidson restated a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a research report on Wednesday, June 10th. Cantor Fitzgerald upped 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. Barclays increased their price objective on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Truist Financial set a $440.00 target price on shares of Tyler Technologies in a report on Friday, May 1st. Finally, Weiss Ratings cut shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Thirteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $472.38.

Tyler Technologies Stock Up 2.7%

Shares of TYL stock traded up $8.47 during trading hours on Tuesday, reaching $327.48. The company’s stock had a trading volume of 55,562 shares, compared to its average volume of 703,771. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $621.34. The firm’s 50 day simple moving average is $308.93 and its 200-day simple moving average is $352.75. The company has a market capitalization of $13.81 billion, a price-to-earnings ratio of 45.16, a PEG ratio of 2.11 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The company had revenue of $613.50 million during the quarter, compared to analysts’ expectations of $608.66 million. During the same quarter in the previous year, the firm earned $2.78 EPS. Tyler Technologies’s 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. Sell-side analysts predict that Tyler Technologies, Inc. will post 10.04 earnings per share 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.