Sone Capital Management LLC Invests $5.51 Million in Tyler Technologies, Inc. $TYL

Sone Capital Management LLC bought a new position in shares of Tyler Technologies, Inc. (NYSE:TYL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,839 shares of the technology company’s stock, valued at approximately $5,510,000.

Other large investors have also recently bought and sold shares of the company. DV Equities LLC acquired a new stake in Tyler Technologies in the 4th quarter worth $27,000. Elyxium Wealth LLC bought a new position in shares of Tyler Technologies during the 4th quarter worth about $29,000. Advisors Asset Management Inc. acquired a new position in shares of Tyler Technologies during the first quarter valued at about $38,000. Bayban acquired a new position in shares of Tyler Technologies during the fourth quarter valued at about $30,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Tyler Technologies by 137.9% in the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after buying an additional 40 shares during the period. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Stock Up 1.5%

Shares of TYL opened at $355.84 on Tuesday. 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 company has a 50-day moving average price of $310.71 and a two-hundred day moving average price of $323.36. The stock has a market cap of $14.57 billion, a price-to-earnings ratio of 47.19, a P/E/G ratio of 2.31 and a beta of 0.81. Tyler Technologies, Inc. has a 12 month low of $270.71 and a 12 month high of $566.58.

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 the consensus estimate of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company had revenue of $645.10 million for the quarter, compared to analyst estimates of $647.95 million. During the same period in the prior year, the company posted $2.91 EPS. The company’s revenue was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities analysts predict that Tyler Technologies, Inc. will post 10.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TYL. Barclays boosted their price target on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. TD Cowen decreased their price objective on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Monday, July 27th. Cantor Fitzgerald boosted their price objective on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Guggenheim initiated coverage on Tyler Technologies in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 target price for the company. Finally, DA Davidson reaffirmed a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently 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.