Pacer Advisors Inc. Boosts Stake in Tyler Technologies, Inc. $TYL

Pacer Advisors Inc. increased its holdings in Tyler Technologies, Inc. (NYSE:TYL) by 15.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 35,978 shares of the technology company’s stock after purchasing an additional 4,726 shares during the period. Pacer Advisors Inc.’s holdings in Tyler Technologies were worth $12,318,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of TYL. DV Equities LLC purchased a new position in shares of Tyler Technologies during the fourth quarter valued at approximately $27,000. Salomon & Ludwin LLC raised its stake in Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after buying an additional 61 shares during the last quarter. Elyxium Wealth LLC bought a new position in shares of Tyler Technologies during the 4th quarter valued at $29,000. Advisors Asset Management Inc. purchased a new position in shares of Tyler Technologies in the 1st quarter worth $38,000. Finally, Bayban bought a new stake in shares of Tyler Technologies in the fourth quarter worth $30,000. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Tyler Technologies Stock Up 2.4%

NYSE TYL opened at $312.73 on Wednesday. Tyler Technologies, Inc. has a 52 week low of $270.71 and a 52 week high of $621.34. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $12.81 billion, a P/E ratio of 41.48, a price-to-earnings-growth ratio of 2.03 and a beta of 0.81. The stock’s 50-day moving average price is $304.55 and its 200-day moving average price is $331.79.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.05 by $0.03. The company had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The firm’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, equities research analysts predict that Tyler Technologies, Inc. will post 10.04 earnings per share for the current year.

Wall Street Analyst Weigh In

TYL has been the topic of several research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Tyler Technologies in a research report on Tuesday, July 21st. Guggenheim began coverage on shares of Tyler Technologies in a report on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 price objective on the stock. Citizens Jmp reaffirmed a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a report on Tuesday, April 28th. Truist Financial set a $440.00 price target on shares of Tyler Technologies in a research report on Friday, May 1st. Finally, TD Cowen cut their price objective on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $456.72.

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.