Madison Asset Management LLC Purchases Shares of 138,684 Tyler Technologies, Inc. $TYL

Key Points

• Madison Asset Management acquired 138,684 shares of Tyler Technologies in the second quarter, valued at approximately $40.6 million and representing about 0.34% of the company. Institutional investors collectively own 93.3% of Tyler Technologies.
• Tyler Technologies reported quarterly EPS of $3.08, slightly exceeding analyst estimates, while revenue rose 8.2% year over year to $645.1 million. The company issued fiscal 2026 EPS guidance of $12.95–$13.20.
• Analysts maintain a generally positive outlook, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $456.72.

Madison Asset Management LLC acquired a new position in shares of Tyler Technologies, Inc. (NYSE:TYL - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 138,684 shares of the technology company's stock, valued at approximately $40,560,000. Madison Asset Management LLC owned approximately 0.34% of Tyler Technologies as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. BlackRock Inc. purchased a new stake in Tyler Technologies during the second quarter worth approximately $1,129,890,000. Norges Bank purchased a new position in Tyler Technologies in the fourth quarter valued at approximately $921,035,000. State Street Corp increased its stake in Tyler Technologies by 1.8% in the third quarter. State Street Corp now owns 1,947,850 shares of the technology company's stock valued at $1,019,037,000 after purchasing an additional 34,178 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in Tyler Technologies by 2.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,888,475 shares of the technology company's stock worth $857,274,000 after purchasing an additional 44,785 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in Tyler Technologies by 20.1% during the first quarter. Principal Financial Group Inc. now owns 1,745,625 shares of the technology company's stock worth $597,681,000 after purchasing an additional 291,564 shares in the last quarter. Hedge funds and other institutional investors own 93.30% of the company's stock.

Tyler Technologies Price Performance

TYL stock opened at $347.43 on Thursday. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $14.23 billion, a P/E ratio of 46.08, a PEG ratio of 2.19 and a beta of 0.81. The business has a 50 day simple moving average of $307.27 and a 200-day simple moving average of $323.43. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve month high of $575.93.

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. BTIG Research lowered their target price on shares of Tyler Technologies from $420.00 to $400.00 and set a "buy" rating for the company in a report on Thursday, July 30th. UBS Group set a $395.00 price target on shares of Tyler Technologies in a research note on Saturday, August 1st. Cantor Fitzgerald boosted their price target 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. Zacks Research upgraded shares of Tyler Technologies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. Finally, Barclays raised their price objective on Tyler Technologies from $420.00 to $425.00 and gave the stock an "overweight" rating in a report on Wednesday, June 10th. Two equities research 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 stock. According to data from MarketBeat, Tyler Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $456.72.

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.

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