Tyler Technologies, Inc. $TYL Position Increased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Tyler Technologies, Inc. (NYSE:TYL) by 13.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,775 shares of the technology company’s stock after purchasing an additional 48,832 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.98% of Tyler Technologies worth $117,211,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Tyler Technologies during the 2nd quarter worth about $1,129,890,000. Norges Bank bought a new stake in shares of Tyler Technologies in the 4th quarter valued at approximately $921,035,000. Bank of America Corp DE bought a new stake in shares of Tyler Technologies in the 2nd quarter valued at approximately $116,831,000. Van ECK Associates Corp increased its holdings in Tyler Technologies by 43.2% in the fourth quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock worth $552,596,000 after buying an additional 367,203 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in Tyler Technologies in the second quarter worth approximately $88,645,000. 93.30% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Tyler Technologies news, COO Jeffrey David Puckett sold 8,500 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the completion of the transaction, the chief operating officer owned 7,784 shares of the company’s stock, valued at $2,774,528.96. The trade was a 52.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Tyler Technologies Stock Up 1.1%

Shares of Tyler Technologies stock opened at $376.30 on Wednesday. Tyler Technologies, Inc. has a 12-month low of $270.71 and a 12-month high of $566.58. 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 stock has a 50 day moving average price of $320.73 and a two-hundred day moving average price of $324.16. The stock has a market capitalization of $15.41 billion, a P/E ratio of 49.91, a PEG ratio of 2.45 and a beta of 0.83.

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. TD Cowen reduced their target price on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Monday, July 27th. UBS Group set a $395.00 price target on shares of Tyler Technologies in a research note on Saturday, August 1st. Barclays raised their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. 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, 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 for the company. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $456.72.

About Tyler Technologies

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.