Baird Financial Group Inc. Purchases New Shares in Teradata Corporation $TDC

Key Points

• Baird Financial Group acquired 597,012 Teradata shares worth approximately $20.7 million in the second quarter, giving it a 0.64% stake. Institutional investors and hedge funds collectively own 90.31% of TDC.
• Teradata exceeded quarterly expectations, reporting adjusted EPS of $0.69 versus the $0.56 consensus and revenue of $410 million versus estimates of $396.13 million. The company issued third-quarter EPS guidance of $0.55–$0.59 and full-year guidance of $2.65–$2.73.
• Analyst sentiment remains cautious, with an overall “Hold” rating and an average price target of $34.78; recent actions included Morgan Stanley lowering its target to $29 and Barclays reducing its target to $27 with an underweight rating.

Baird Financial Group Inc. acquired a new position in Teradata Corporation (NYSE:TDC - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 597,012 shares of the technology company's stock, valued at approximately $20,687,000. Baird Financial Group Inc. owned 0.64% of Teradata as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in Teradata during the 2nd quarter worth approximately $567,999,000. California State Teachers Retirement System increased its holdings in Teradata by 3,446.0% during the 2nd quarter. California State Teachers Retirement System now owns 3,308,555 shares of the technology company's stock worth $114,641,000 after purchasing an additional 3,215,251 shares in the last quarter. AQR Capital Management LLC increased its holdings in Teradata by 175.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,913,277 shares of the technology company's stock worth $86,914,000 after purchasing an additional 2,491,938 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Teradata in the 4th quarter valued at about $67,125,000. Finally, Bank of America Corp DE bought a new position in shares of Teradata during the 2nd quarter worth approximately $44,869,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Stock Performance

NYSE:TDC opened at $27.86 on Friday. The stock's 50-day moving average is $29.48 and its 200-day moving average is $29.69. Teradata Corporation has a 1-year low of $20.33 and a 1-year high of $41.78. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.08. The stock has a market cap of $2.59 billion, a P/E ratio of 5.86, a price-to-earnings-growth ratio of 2.03 and a beta of 0.58.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.13. The business had revenue of $410.00 million for the quarter, compared to analyst estimates of $396.13 million. Teradata had a net margin of 27.08% and a return on equity of 47.25%. Teradata's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.47 earnings per share. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. Equities research analysts anticipate that Teradata Corporation will post 1.79 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on TDC. Morgan Stanley reaffirmed an "equal weight" rating and issued a $29.00 target price (down from $35.00) on shares of Teradata in a research report on Monday, August 10th. Citizens Jmp reissued a "market outperform" rating and set a $49.00 target price on shares of Teradata in a report on Wednesday, June 10th. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 8th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $34.00 price objective on shares of Teradata in a research report on Thursday, July 16th. Finally, Barclays dropped their price objective on Teradata from $28.00 to $27.00 and set an "underweight" rating for the company in a research report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $34.78.

About Teradata

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.

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