25,393 Shares in Tyler Technologies, Inc. $TYL Acquired by Korea Investment CORP

Korea Investment CORP purchased a new position in Tyler Technologies, Inc. (NYSE:TYL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,393 shares of the technology company’s stock, valued at approximately $7,426,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TYL. American Capital Management Inc. grew its position in Tyler Technologies by 348.9% in the first quarter. American Capital Management Inc. now owns 98,942 shares of the technology company’s stock valued at $33,876,000 after acquiring an additional 76,903 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Tyler Technologies by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock worth $660,089,000 after acquiring an additional 43,421 shares during the last quarter. Edgestream Partners L.P. bought a new position in shares of Tyler Technologies in the first quarter worth about $2,739,000. TimesSquare Capital Management LLC boosted its stake in shares of 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 purchasing an additional 7,913 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Tyler Technologies in the 4th quarter valued at approximately $921,035,000. Institutional investors and hedge funds own 93.30% of the company’s stock.

Tyler Technologies Trading Up 1.5%

Shares of Tyler Technologies stock opened at $355.84 on Tuesday. The stock has a market capitalization of $14.57 billion, a PE ratio of 47.19, a price-to-earnings-growth ratio of 2.31 and a beta of 0.81. Tyler Technologies, Inc. has a 52 week low of $270.71 and a 52 week high of $566.58. The stock has a 50 day moving average price of $310.71 and a two-hundred day moving average price of $323.36. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $3.05 by $0.03. The firm had revenue of $645.10 million for the quarter, compared to analyst estimates of $647.95 million. Tyler Technologies had a net margin of 13.36% and a return on equity of 11.15%. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the firm earned $2.91 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, equities analysts anticipate that Tyler Technologies, Inc. will post 10.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Zacks Research raised Tyler Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. BTIG Research reduced their price target on Tyler Technologies from $420.00 to $400.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Robert W. Baird set a $455.00 price objective on Tyler Technologies in a research note on Friday, May 1st. Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a report on Friday, May 1st. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a research report on Tuesday, April 28th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued 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 has a consensus rating of “Moderate Buy” and an average 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.