Bank of New York Mellon Corp Invests $24.73 Million in Teradata Corporation $TDC

Key Points

• Bank of New York Mellon acquired 713,658 Teradata shares worth approximately $24.73 million, giving it a 0.76% stake. Institutional investors and hedge funds collectively own 90.31% of the company.
• Teradata exceeded quarterly expectations with $0.69 in EPS versus the $0.56 consensus and revenue of $410 million, ahead of estimates. The company issued fiscal 2026 EPS guidance of $2.65–$2.73.
• Analyst sentiment remains cautious: Teradata has an average “Hold” rating and a $34.78 consensus price target, while several firms recently lowered their targets and longer-term earnings forecasts.

Bank of New York Mellon Corp bought a new stake in Teradata Corporation (NYSE:TDC - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 713,658 shares of the technology company's stock, valued at approximately $24,728,000. Bank of New York Mellon Corp owned 0.76% of Teradata at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. AQR Capital Management LLC boosted its stake in shares of Teradata by 175.3% during the second quarter. AQR Capital Management LLC now owns 3,913,277 shares of the technology company's stock worth $86,914,000 after buying an additional 2,491,938 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new position in Teradata during the fourth quarter worth about $67,125,000. Defiance ETFs LLC purchased a new position in shares of Teradata during the 4th quarter worth approximately $38,968,000. Quantinno Capital Management LP raised its position in Teradata by 1,158.9% in the first quarter. Quantinno Capital Management LP now owns 1,294,502 shares of the technology company's stock worth $33,178,000 after acquiring an additional 1,191,677 shares in the last quarter. Finally, Morgan Stanley lifted its stake in shares of Teradata by 56.3% in the fourth quarter. Morgan Stanley now owns 3,151,388 shares of the technology company's stock valued at $95,928,000 after purchasing an additional 1,134,722 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

Insider Activity at Teradata

In other Teradata news, Director Timothy C. K. Chou sold 5,657 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $33.72, for a total transaction of $190,754.04. Following the transaction, the director directly owned 39,210 shares in the company, valued at $1,322,161.20. This represents a 12.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.96% of the company's stock.

Teradata Stock Up 0.1%

Shares of Teradata stock opened at $28.80 on Monday. The business has a 50-day moving average of $30.44 and a 200-day moving average of $30.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of $2.68 billion, a PE ratio of 6.06, a P/E/G ratio of 2.13 and a beta of 0.60. Teradata Corporation has a 1-year low of $20.25 and a 1-year high of $41.78.

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

Analysts Set New Price Targets

A number of analysts have commented on the company. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 8th. Barclays lowered their target price on shares of Teradata from $28.00 to $27.00 and set an "underweight" rating for the company in a research note on Wednesday, August 5th. Morgan Stanley reaffirmed an "equal weight" rating and set a $29.00 price objective (down from $35.00) on shares of Teradata in a research note on Monday, August 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Teradata in a research report on Wednesday, June 24th. Finally, UBS Group lifted their price target on shares of Teradata from $34.00 to $36.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Teradata currently has an average rating of "Hold" and a consensus price target of $34.78.

More Teradata News

Here are the key news stories impacting Teradata this week:

• Positive Sentiment: Zacks Research raised its fiscal 2026 EPS forecast to $1.79 from $1.76, slightly above the current consensus estimate of $1.78. This provides a modest positive signal for near-term earnings expectations.
• Neutral Sentiment: Zacks Research maintained a Hold rating on Teradata. Its updated projections call for fiscal 2027 EPS of $1.86 and fiscal 2028 EPS of $1.93, indicating continued earnings growth but limited analyst conviction.
• Neutral Sentiment: Teradata was included among software stocks trading higher in a broader market move involving Manhattan Associates, Agilysys, Guidewire Software and Pegasystems. The report did not identify a company-specific catalyst. Manhattan Associates, Agilysys, Guidewire Software, Pegasystems, and Teradata stocks trade up
• Negative Sentiment: Zacks lowered several future EPS forecasts: Q3 2026 to $0.35 from $0.39, Q4 2026 to $0.36 from $0.38, Q1 2027 to $0.46 from $0.48, Q3 2027 to $0.43 from $0.44, Q4 2027 to $0.53 from $0.54, and fiscal 2027 to $1.86 from $1.89.
• Negative Sentiment: The firm also reduced its Q1 2028 EPS estimate to $0.47 from $0.49, Q2 2028 to $0.48 from $0.49, and fiscal 2028 to $1.93 from $1.97. The broad downward revisions suggest analysts see some pressure on Teradata’s earnings trajectory beyond fiscal 2026.

Teradata Profile

Teradata Corporation is a global provider of enterprise analytics and data management solutions designed to help organizations unlock value from their data assets. The company offers both cloud-based and on-premises platforms that support data warehousing, big data analytics, and machine learning. Through its flagship analytics ecosystem, Teradata enables businesses to integrate, analyze, and manage large volumes of structured and unstructured data at scale.

Central to Teradata's product suite is the Teradata Vantage analytics platform, which unifies diverse data types across multiple environments—including public and private clouds—into a single, coherent architecture.

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