Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Position in Tyler Technologies, Inc. $TYL

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Tyler Technologies, Inc. (NYSE:TYL) by 66.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,940 shares of the technology company’s stock after purchasing an additional 15,600 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Tyler Technologies were worth $13,332,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Elevation Point Wealth Partners LLC purchased a new stake in Tyler Technologies during the first quarter valued at about $345,000. Keybank National Association OH grew its position in Tyler Technologies by 37.4% in the first quarter. Keybank National Association OH now owns 1,763 shares of the technology company’s stock valued at $604,000 after acquiring an additional 480 shares in the last quarter. CHICAGO TRUST Co NA grew its holdings in Tyler Technologies by 87.3% during the 1st quarter. CHICAGO TRUST Co NA now owns 2,583 shares of the technology company’s stock valued at $884,000 after purchasing an additional 1,204 shares in the last quarter. Conestoga Capital Advisors LLC increased its stake in Tyler Technologies by 6.9% during the 1st quarter. Conestoga Capital Advisors LLC now owns 114,908 shares of the technology company’s stock worth $39,342,000 after buying an additional 7,442 shares during the period. Finally, IFM Investors Pty Ltd lifted its holdings in Tyler Technologies by 2.9% in the 1st quarter. IFM Investors Pty Ltd now owns 12,254 shares of the technology company’s stock worth $4,196,000 after buying an additional 350 shares in the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Analysts Set New Price Targets

TYL has been the subject of a number of analyst reports. Cantor Fitzgerald upped their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. DA Davidson reiterated a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a research note on Wednesday, June 10th. BTIG Research restated a “buy” rating and set a $420.00 price objective on shares of Tyler Technologies in a research note on Wednesday, June 10th. Truist Financial set a $440.00 price objective on Tyler Technologies in a report on Friday, May 1st. Finally, Robert W. Baird set a $455.00 target price on Tyler Technologies in a research report on Friday, May 1st. Thirteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $472.38.

Tyler Technologies Price Performance

Shares of TYL stock opened at $317.63 on Friday. The firm has a market cap of $13.39 billion, a P/E ratio of 43.87, a P/E/G ratio of 2.11 and a beta of 0.82. Tyler Technologies, Inc. has a 1-year low of $270.71 and a 1-year high of $621.34. The firm has a fifty day moving average of $309.26 and a two-hundred day moving average of $354.32.

Tyler Technologies (NYSE:TYL) last issued its earnings results 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 business had revenue of $613.50 million for the quarter, compared to analyst estimates of $608.66 million. During the same quarter in the prior year, the business posted $2.78 EPS. The company’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. On average, sell-side analysts expect that Tyler Technologies, Inc. will post 10.04 EPS for the current 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.