Quantum Capital Management LLC NJ Has $41.24 Million Position in Tyler Technologies, Inc. $TYL

Quantum Capital Management LLC NJ grew its position in Tyler Technologies, Inc. (NYSE:TYL) by 65.0% in the first quarter, HoldingsChannel.com reports. The fund owned 120,460 shares of the technology company’s stock after buying an additional 47,471 shares during the period. Tyler Technologies comprises about 5.3% of Quantum Capital Management LLC NJ’s portfolio, making the stock its 12th biggest holding. Quantum Capital Management LLC NJ’s holdings in Tyler Technologies were worth $41,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of TYL. Norges Bank acquired a new stake in Tyler Technologies in the 4th quarter valued at about $921,035,000. State Street Corp grew its holdings in Tyler Technologies by 1.8% during the third quarter. State Street Corp now owns 1,947,850 shares of the technology company’s stock worth $1,019,037,000 after purchasing an additional 34,178 shares during the period. T. Rowe Price Investment Management Inc. increased its position 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 buying an additional 44,785 shares during the last quarter. Principal Financial Group Inc. increased its position 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 buying an additional 291,564 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Tyler Technologies by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 1,228,686 shares of the technology company’s stock valued at $556,725,000 after buying an additional 13,608 shares during the period. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TYL shares. Weiss Ratings cut Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Citizens Jmp reissued a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a report on Tuesday, April 28th. DA Davidson reissued a “buy” rating and set a $460.00 target price on shares of Tyler Technologies in a report on Wednesday, June 10th. Robert W. Baird set a $455.00 price target on Tyler Technologies in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. cut their price target on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Fourteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Tyler Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $470.47.

Tyler Technologies Stock Performance

Shares of TYL opened at $283.96 on Thursday. The firm has a market cap of $11.97 billion, a P/E ratio of 39.22, a price-to-earnings-growth ratio of 1.99 and a beta of 0.82. Tyler Technologies, Inc. has a 52 week low of $270.71 and a 52 week high of $621.34. The firm’s 50-day simple moving average is $304.41 and its 200 day simple moving average is $340.17.

Tyler Technologies (NYSE:TYL) last issued 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. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The firm had revenue of $613.50 million during the quarter, compared to the consensus estimate of $608.66 million. During the same period last year, the business posted $2.78 earnings per share. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, equities analysts forecast that Tyler Technologies, Inc. will post 10.04 earnings per share 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.