Tyler Technologies, Inc. $TYL Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors reduced its Tyler Technologies stake by 20.6% in the first quarter, selling 42,000 shares and retaining 161,749 shares worth approximately $55.4 million. Institutional investors collectively own 93.3% of the company.
• Tyler Technologies’ second-quarter adjusted earnings of $3.08 per share beat estimates, while revenue rose 8.2% year over year to $645.1 million but slightly missed expectations. Management reaffirmed its 2026 EPS guidance of $12.95–$13.20 and authorized a new $1.5 billion share-repurchase program.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and a $456.72 price target, although several firms recently lowered their targets. Shares opened at $310.33, down 4.0%, amid concerns about the company’s premium valuation and unchanged guidance.

Dimensional Fund Advisors LP reduced its stake in Tyler Technologies, Inc. (NYSE:TYL - Free Report) by 20.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 161,749 shares of the technology company's stock after selling 42,000 shares during the period. Dimensional Fund Advisors LP owned 0.38% of Tyler Technologies worth $55,380,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC raised its stake in Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company's stock worth $27,000 after acquiring an additional 61 shares in the last quarter. DV Equities LLC purchased a new stake in Tyler Technologies in the fourth quarter valued at $27,000. Elyxium Wealth LLC acquired a new position in Tyler Technologies in the fourth quarter valued at $29,000. Bayban acquired a new position in Tyler Technologies in the fourth quarter valued at $30,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Tyler Technologies by 3,900.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company's stock worth $34,000 after purchasing an additional 78 shares during 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 topic of a number of research analyst reports. Truist Financial set a $440.00 target price on Tyler Technologies in a research report on Friday, May 1st. BTIG Research cut their target price on shares of Tyler Technologies from $420.00 to $400.00 and set a "buy" rating on the stock in a report on Thursday. TD Cowen reduced their price target 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. Cantor Fitzgerald upped 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. Finally, Citizens Jmp reissued a "market outperform" rating and set a $500.00 price objective on shares of Tyler Technologies in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Tyler Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $456.72.

Key Tyler Technologies News

Here are the key news stories impacting Tyler Technologies this week:

• Positive Sentiment: Tyler Technologies acquired CODY Systems, a public-safety software provider. The deal expands Tyler’s government technology portfolio and could create additional cross-selling and recurring-revenue opportunities. Tyler Technologies Acquires CODY Systems
• Positive Sentiment: BTIG maintained a Buy rating while lowering its price target to $400 from $420, and Piper Sandler maintained an Overweight rating while reducing its target to $491 from $543. Both targets still imply substantial upside based on the supplied reference price. Benzinga analyst updates
• Positive Sentiment: Second-quarter adjusted earnings of $3.08 per share exceeded consensus, while revenue increased 8.2% year over year. Management also highlighted record SaaS and total bookings, strong recurring-revenue growth, cloud momentum and healthy free cash flow. Tyler Technologies Q2 Earnings Beat Estimates
• Neutral Sentiment: Management reaffirmed its 2026 outlook of $12.95–$13.20 in earnings per share rather than raising guidance, while targeting 85% maintenance conversion to cloud by 2030. Cloud-living pilots are expected in 2027, with referenceable clients in 2028, indicating potential benefits are still several years away. Tyler outlines cloud-living pilots
• Negative Sentiment: Quarterly revenue of $645.1 million fell modestly short of estimates near $648 million. Investors appeared to view the earnings beat as insufficient for a premium-valued stock, particularly because management did not increase its full-year forecast. Tyler also announced a new $1.5 billion share-repurchase authorization, which supports the stock but may not offset near-term growth concerns. Why Tyler Technologies Stock Got Thrashed

Tyler Technologies Trading Down 4.0%

NYSE:TYL opened at $310.33 on Friday. The firm has a market cap of $12.71 billion, a P/E ratio of 41.16, a PEG ratio of 2.06 and a beta of 0.82. The company has a current ratio of 1.55, a quick ratio of 1.00 and a debt-to-equity ratio of 0.46. The stock's 50 day simple moving average is $304.60 and its 200-day simple moving average is $334.53. Tyler Technologies, Inc. has a 12-month low of $270.71 and a 12-month high of $621.34.

Tyler Technologies (NYSE:TYL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, topping 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 firm had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. During the same period last year, the company earned $2.91 earnings per share. The company's revenue for the quarter was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Equities analysts anticipate that Tyler Technologies, Inc. will post 10.06 EPS for the current year.

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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