Janus Henderson Group PLC Sells 228,579 Shares of Tyler Technologies, Inc. $TYL

Janus Henderson Group PLC trimmed its holdings in shares of Tyler Technologies, Inc. (NYSE:TYL) by 58.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 162,378 shares of the technology company’s stock after selling 228,579 shares during the period. Janus Henderson Group PLC’s holdings in Tyler Technologies were worth $55,594,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Tyler Technologies in the fourth quarter valued at about $921,035,000. Van ECK Associates Corp boosted its position in Tyler Technologies by 43.2% during the fourth quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock valued at $552,596,000 after purchasing an additional 367,203 shares during the last quarter. Principal Financial Group Inc. boosted 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 valued at $597,681,000 after purchasing an additional 291,564 shares during the last quarter. Wellington Management Group LLP grew its stake in Tyler Technologies by 72.5% in the third 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 in the last quarter. Finally, Impax Asset Management Group plc bought a new position in Tyler Technologies in the fourth quarter valued at approximately $106,740,000. Institutional investors own 93.30% of the company’s stock.

Tyler Technologies Stock Down 4.0%

Tyler Technologies stock opened at $310.33 on Friday. The company’s 50-day moving average price is $304.60 and its two-hundred day moving average price is $334.53. The company has a quick ratio of 1.00, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The stock has a market cap of $12.71 billion, a P/E ratio of 41.16, a P/E/G ratio of 2.06 and a beta of 0.82. Tyler Technologies, Inc. has a twelve month low of $270.71 and a twelve month high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company had revenue of $645.10 million during the quarter, compared to analysts’ expectations of $647.95 million. During the same quarter in the previous year, the company posted $2.91 earnings per share. The business’s 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, analysts expect that Tyler Technologies, Inc. will post 10.06 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TYL shares. Robert W. Baird set a $455.00 price objective on Tyler Technologies in a research note on Friday, May 1st. Citizens Jmp reissued a “market outperform” rating and issued a $500.00 target price on shares of Tyler Technologies in a research note on Tuesday, April 28th. DA Davidson reaffirmed a “buy” rating and set a $460.00 price target on shares of Tyler Technologies in a research report on Wednesday, June 10th. Guggenheim initiated coverage on shares of Tyler Technologies in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 price target for the company. Finally, TD Cowen decreased their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $456.72.

More 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

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.