Baird Financial Group Inc. bought a new position in Teradata Corporation (NYSE:TDC – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 597,012 shares of the technology company’s stock, valued at approximately $20,687,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. purchased a new position in Teradata during the second quarter worth about $30,000. Financial Management Professionals Inc. purchased a new position in shares of Teradata during the 2nd quarter valued at about $36,000. Elevation Wealth Partners LLC lifted its position in Teradata by 587.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company’s stock worth $41,000 after buying an additional 1,010 shares during the last quarter. Nykredit A S bought a new stake in Teradata in the 2nd quarter worth approximately $44,000. Finally, SJS Investment Consulting Inc. boosted its stake in Teradata by 25,800.0% in the first quarter. SJS Investment Consulting Inc. now owns 1,813 shares of the technology company’s stock worth $46,000 after buying an additional 1,806 shares in the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on TDC. Royal Bank Of Canada restated a “sector perform” rating and set a $34.00 target price on shares of Teradata in a report on Thursday, July 16th. UBS Group raised their price objective on shares of Teradata from $34.00 to $36.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Morgan Stanley reiterated an “equal weight” rating and set a $29.00 target price (down from $35.00) on shares of Teradata in a report on Monday, August 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Teradata in a research report on Wednesday, June 24th. Finally, Citigroup lowered their target price on Teradata from $39.00 to $36.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $34.78.
Teradata Price Performance
Shares of NYSE:TDC opened at $27.86 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 0.91. Teradata Corporation has a fifty-two week low of $20.33 and a fifty-two week high of $41.78. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of 5.86, a price-to-earnings-growth ratio of 2.03 and a beta of 0.58. The business has a 50-day simple moving average of $29.48 and a two-hundred day simple moving average of $29.69.
Teradata (NYSE:TDC – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. The firm had revenue of $410.00 million for the quarter, compared to analysts’ expectations of $396.13 million. Teradata had a net margin of 27.08% and a return on equity of 47.25%. The business’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.47 EPS. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. On average, analysts expect that Teradata Corporation will post 1.79 earnings per share for the current year.
Teradata Company Profile
Teradata Corporation (NYSE: TDC) is a data and analytics company that provides cloud-based and enterprise data-management solutions. Its platform is designed to help organizations collect, integrate, govern and analyze data from multiple sources, supporting business intelligence, advanced analytics and artificial intelligence initiatives.
The company’s offerings include Teradata Vantage, its analytics and data-platform technology, and VantageCloud, a cloud-based version available through public, private and hybrid cloud environments.
Read More
- Five stocks we like better than Teradata
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Want to see what other hedge funds are holding TDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradata Corporation (NYSE:TDC – Free Report).
Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.
