22,334 Shares in Tyler Technologies, Inc. $TYL Purchased by Cornerstone Advisors LLC

Cornerstone Advisors LLC acquired a new position in shares of Tyler Technologies, Inc. (NYSE:TYL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,334 shares of the technology company’s stock, valued at approximately $6,532,000. Cornerstone Advisors LLC owned about 0.05% of Tyler Technologies at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC raised its stake in shares of Tyler Technologies by 6,100.0% during the fourth quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after buying an additional 61 shares during the last quarter. DV Equities LLC acquired a new stake in Tyler Technologies during the 4th quarter worth $27,000. Elyxium Wealth LLC bought a new stake in shares of Tyler Technologies during the 4th quarter valued at $29,000. Bayban acquired a new position in shares of Tyler Technologies in the 4th quarter valued at $30,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after purchasing an additional 78 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Truist Financial set a $440.00 price objective on Tyler Technologies in a report on Friday, May 1st. TD Cowen lowered their price target on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Monday, July 27th. Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a research report on Friday, May 1st. Piper Sandler decreased their price objective on shares of Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Finally, UBS Group set a $395.00 target price on shares of Tyler Technologies in a report on Saturday, August 1st. Two research analysts have 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $456.72.

Tyler Technologies Price Performance

TYL stock opened at $320.68 on Tuesday. The stock has a 50-day moving average price of $305.90 and a two-hundred day moving average price of $324.27. Tyler Technologies, Inc. has a 1 year low of $270.71 and a 1 year high of $576.91. The stock has a market cap of $13.13 billion, a PE ratio of 42.53, a price-to-earnings-growth ratio of 2.17 and a beta of 0.81. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46.

Tyler Technologies (NYSE:TYL) last released its earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, beating the consensus estimate of $3.05 by $0.03. The firm had revenue of $645.10 million for the quarter, compared to analysts’ expectations of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities analysts forecast that Tyler Technologies, Inc. will post 10.12 EPS for the current fiscal 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.