Handelsbanken Fonder AB Decreases Stake in Tyler Technologies, Inc. $TYL

Key Points

• Handelsbanken Fonder AB cut its Tyler Technologies stake by 61.7% in the second quarter, selling 23,150 shares and retaining 14,351 shares valued at approximately $4.2 million.
• Tyler Technologies reported quarterly EPS of $3.08, slightly ahead of analyst expectations, while revenue rose 8.2% year over year to $645.1 million. The company issued fiscal 2026 EPS guidance of $12.95 to $13.20.
• Wall Street remains broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $456.72, well above the reported share price of $328.81.

Handelsbanken Fonder AB cut its position in shares of Tyler Technologies, Inc. (NYSE:TYL - Free Report) by 61.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,351 shares of the technology company's stock after selling 23,150 shares during the period. Handelsbanken Fonder AB's holdings in Tyler Technologies were worth $4,197,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TYL. DV Equities LLC purchased a new stake in Tyler Technologies during the fourth quarter valued at $27,000. Salomon & Ludwin LLC grew its stake in shares of Tyler Technologies by 6,100.0% in the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company's stock worth $27,000 after buying an additional 61 shares in the last quarter. Elyxium Wealth LLC purchased a new position in shares of Tyler Technologies in the 4th quarter worth $29,000. Advisors Asset Management Inc. bought a new stake in shares of Tyler Technologies in the 1st quarter worth about $38,000. Finally, Bayban purchased a new stake in shares of Tyler Technologies during the 4th quarter valued at about $30,000. Institutional investors own 93.30% of the company's stock.

Tyler Technologies Trading Down 0.0%

Shares of NYSE TYL opened at $328.81 on Friday. Tyler Technologies, Inc. has a fifty-two week low of $270.71 and a fifty-two week high of $578.19. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55. The company has a market cap of $13.46 billion, a price-to-earnings ratio of 43.61, a PEG ratio of 2.17 and a beta of 0.81. The business's 50 day moving average price is $305.56 and its 200-day moving average price is $325.81.

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

Wall Street Analysts Forecast Growth

TYL has been the subject of several recent research reports. Zacks Research upgraded Tyler Technologies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th. Guggenheim assumed coverage on Tyler Technologies in a research note on Wednesday, July 22nd. They issued a "buy" rating and a $440.00 price objective for the company. DA Davidson reissued a "buy" rating and set a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. JPMorgan Chase & Co. lowered their price target on Tyler Technologies from $650.00 to $525.00 and set an "overweight" rating for the company in a research report on Tuesday, June 23rd. Finally, Cantor Fitzgerald lifted their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the stock a "neutral" rating in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Tyler Technologies has a consensus rating of "Moderate Buy" and a consensus 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.

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