Tyler Technologies, Inc. $TYL Stock Holdings Lifted by Principal Financial Group Inc.

Key Points

• Principal Financial Group raised its stake in Tyler Technologies by 3.1% to 1,454,061 shares, representing about 3.38% of the company and valued at roughly $660.1 million.
• Several large institutions (Vanguard, VanEck, Wellington, Two Sigma) also increased holdings, leaving 93.30% of TYL owned by institutional investors.
• Analysts have cut some price targets but remain broadly positive — consensus is a Moderate Buy with an average target of $468.53 — and Tyler recently beat quarterly EPS expectations ($3.09 vs. $3.01) while guiding FY2026 EPS to $12.50–$12.75.

Principal Financial Group Inc. lifted its holdings in Tyler Technologies, Inc. (NYSE:TYL - Free Report) by 3.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,454,061 shares of the technology company's stock after buying an additional 43,421 shares during the quarter. Principal Financial Group Inc. owned approximately 3.38% of Tyler Technologies worth $660,089,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of TYL. Van ECK Associates Corp lifted its position in Tyler Technologies by 55.1% in the 3rd quarter. Van ECK Associates Corp now owns 850,103 shares of the technology company's stock valued at $444,740,000 after purchasing an additional 301,885 shares during the last quarter. Wellington Management Group LLP lifted its position in Tyler Technologies by 72.5% in the 3rd quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company's stock valued at $314,302,000 after purchasing an additional 252,488 shares during the last quarter. Impax Asset Management Group plc bought a new stake in Tyler Technologies in the 4th quarter valued at about $106,740,000. Vanguard Group Inc. lifted its position in Tyler Technologies by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company's stock valued at $3,036,963,000 after purchasing an additional 234,916 shares during the last quarter. Finally, Two Sigma Investments LP lifted its position in Tyler Technologies by 189.6% in the 3rd quarter. Two Sigma Investments LP now owns 290,511 shares of the technology company's stock valued at $151,984,000 after purchasing an additional 190,210 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Piper Sandler reiterated an "overweight" rating and issued a $543.00 price objective (down from $671.00) on shares of Tyler Technologies in a research report on Friday, February 13th. DA Davidson reiterated a "buy" rating and issued a $460.00 price objective on shares of Tyler Technologies in a research report on Monday. TD Cowen cut their price objective on shares of Tyler Technologies from $600.00 to $500.00 and set a "buy" rating on the stock in a research report on Friday, February 13th. Oppenheimer cut their price objective on shares of Tyler Technologies from $510.00 to $450.00 and set an "outperform" rating on the stock in a research report on Friday, February 13th. Finally, Stifel Nicolaus dropped their price target on shares of Tyler Technologies from $550.00 to $400.00 and set a "buy" rating on the stock in a research report on Friday, February 13th. Twelve equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Tyler Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $468.53.

Tyler Technologies Price Performance

Shares of TYL opened at $327.71 on Tuesday. The firm's 50 day moving average is $342.47 and its 200-day moving average is $406.38. The stock has a market capitalization of $13.82 billion, a P/E ratio of 45.26, a P/E/G ratio of 2.25 and a beta of 0.86. Tyler Technologies, Inc. has a 12-month low of $283.71 and a 12-month high of $621.34.

Tyler Technologies (NYSE:TYL - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.08. The company had revenue of $613.50 million for the quarter, compared to analysts' expectations of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The business's revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, equities research analysts forecast that Tyler Technologies, Inc. will post 9.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Andrew D. Teed bought 1,600 shares of the company's stock in a transaction dated Monday, February 23rd. The shares were acquired at an average cost of $309.91 per share, with a total value of $495,856.00. Following the completion of the transaction, the director directly owned 5,118 shares in the company, valued at approximately $1,586,119.38. The trade was a 45.48% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Abigail Marshall Diaz-Pedrosa bought 610 shares of the company's stock in a transaction dated Friday, February 20th. The stock was purchased at an average cost of $325.08 per share, for a total transaction of $198,298.80. Following the completion of the transaction, the insider owned 1,123 shares of the company's stock, valued at $365,064.84. This represents a 118.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 7,298 shares of company stock valued at $2,658,721 over the last 90 days. 1.10% of the stock is owned by corporate insiders.

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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