Deutsche Bank AG Acquires New Position in Tyler Technologies, Inc. $TYL

Deutsche Bank AG acquired a new position in shares of Tyler Technologies, Inc. (NYSE:TYL) during the second quarter, HoldingsChannel reports. The fund acquired 303,100 shares of the technology company’s stock, valued at approximately $88,645,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American Capital Management Inc. raised its holdings in Tyler Technologies by 348.9% during the first quarter. American Capital Management Inc. now owns 98,942 shares of the technology company’s stock worth $33,876,000 after purchasing an additional 76,903 shares during the last quarter. Principal Financial Group Inc. grew its holdings in 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 valued at $660,089,000 after purchasing an additional 43,421 shares during the last quarter. Edgestream Partners L.P. purchased a new position in shares of Tyler Technologies in the first quarter valued at $2,739,000. TimesSquare Capital Management LLC increased its position in shares of Tyler Technologies by 7.6% in the fourth quarter. TimesSquare Capital Management LLC now owns 111,702 shares of the technology company’s stock valued at $50,707,000 after buying an additional 7,913 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Tyler Technologies during the 4th quarter worth $921,035,000. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Cantor Fitzgerald boosted their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. UBS Group set a $395.00 target price on shares of Tyler Technologies in a report on Saturday, August 1st. TD Cowen cut 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 report on Monday, July 27th. Zacks Research raised shares of Tyler Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Finally, BTIG Research lowered their price target on shares of Tyler Technologies from $420.00 to $400.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $456.72.

Tyler Technologies Stock Performance

NYSE TYL opened at $348.26 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $569.27. The business has a fifty day moving average of $308.32 and a 200-day moving average of $323.28. The stock has a market cap of $14.26 billion, a price-to-earnings ratio of 46.19, a price-to-earnings-growth ratio of 2.29 and a beta of 0.81.

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

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.