Pacer Advisors Inc. Buys 5,451 Shares of Tyler Technologies, Inc. $TYL

by · The Markets Daily

Pacer Advisors Inc. raised its stake in Tyler Technologies, Inc. (NYSE:TYL – Free Report) by 21.1% in the 4th quarter, HoldingsChannel reports. The fund owned 31,252 shares of the technology company’s stock after buying an additional 5,451 shares during the quarter. Pacer Advisors Inc.’s holdings in Tyler Technologies were worth $14,187,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TYL. Cerity Partners LLC lifted its position in shares of Tyler Technologies by 0.6% during the second quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock worth $1,754,000 after purchasing an additional 19 shares in the last quarter. Coldstream Capital Management Inc. grew its stake in shares of Tyler Technologies by 2.0% during the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock valued at $611,000 after purchasing an additional 23 shares during the last quarter. Mesirow Financial Investment Management Inc. increased its holdings in shares of Tyler Technologies by 0.8% in the third quarter. Mesirow Financial Investment Management Inc. now owns 3,008 shares of the technology company’s stock valued at $1,573,000 after purchasing an additional 25 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Tyler Technologies by 4.4% in the fourth quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock valued at $291,000 after purchasing an additional 27 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in Tyler Technologies by 35.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock worth $54,000 after purchasing an additional 27 shares during the last quarter. 93.30% of the stock is owned by institutional investors.

Tyler Technologies Price Performance

TYL opened at $279.18 on Friday. The company has a market cap of $11.77 billion, a price-to-earnings ratio of 38.56, a price-to-earnings-growth ratio of 1.86 and a beta of 0.82. The firm has a 50 day simple moving average of $317.27 and a 200 day simple moving average of $365.97. Tyler Technologies, Inc. has a fifty-two week low of $274.09 and a fifty-two week high of $621.34.

Tyler Technologies (NYSE:TYL – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The firm had revenue of $613.50 million for the quarter, compared to analysts’ expectations of $608.66 million. During the same period last year, the firm earned $2.78 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, analysts expect that Tyler Technologies, Inc. will post 10.01 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on TYL. DA Davidson reaffirmed a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a report on Wednesday, June 10th. Barclays lifted their target price on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Citizens Jmp restated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a research report on Tuesday, April 28th. Cantor Fitzgerald upped their price target on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, BTIG Research reiterated a “buy” rating and issued a $420.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. Twelve 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 data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $468.87.

View Our Latest Report on TYL

Tyler Technologies Profile

(Free Report)

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.

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