BlackRock Inc. Invests $568 Million in Teradata Corporation $TDC

Key Points

• BlackRock acquired 16.4 million Teradata shares worth approximately $568 million during the second quarter, giving it a 17.42% stake. Institutional investors collectively own 90.31% of the company.
• Teradata exceeded quarterly expectations, reporting EPS of $0.69 versus the $0.56 consensus and revenue of $410 million, up 0.5% year over year. The company issued third-quarter EPS guidance of $0.55–$0.59 and full-year guidance of $2.65–$2.73.
• Wall Street’s consensus rating remains “Hold,” with a $34.78 average price target, while TDC recently traded at $27.52. Two insiders also sold shares under pre-arranged 10b5-1 trading plans.

BlackRock Inc. purchased a new position in shares of Teradata Corporation (NYSE:TDC - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,392,455 shares of the technology company's stock, valued at approximately $567,999,000. BlackRock Inc. owned about 17.42% of Teradata at the end of the most recent quarter.

Several other large investors have also made changes to their positions in TDC. Financial Management Professionals Inc. acquired a new stake in Teradata during the second quarter worth about $36,000. Elevation Wealth Partners LLC lifted its holdings in Teradata by 587.2% in the second quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company's stock valued at $41,000 after acquiring an additional 1,010 shares during the period. SJS Investment Consulting Inc. lifted its holdings 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 valued at $46,000 after acquiring an additional 1,806 shares during the period. Global Retirement Partners LLC purchased a new stake in Teradata in the 2nd quarter worth approximately $46,000. Finally, Parallel Advisors LLC boosted its position in Teradata by 197.5% in the 4th quarter. Parallel Advisors LLC now owns 1,529 shares of the technology company's stock worth $47,000 after purchasing an additional 1,015 shares in the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Stock Down 0.6%

TDC opened at $27.52 on Tuesday. The company has a market cap of $2.56 billion, a PE ratio of 5.79, a price-to-earnings-growth ratio of 2.07 and a beta of 0.60. Teradata Corporation has a twelve month low of $20.25 and a twelve month high of $41.78. The company has a 50-day moving average price of $30.72 and a 200 day moving average price of $29.98. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.08.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 47.25% and a net margin of 27.08%.The firm had revenue of $410.00 million for the quarter, compared to analyst estimates of $396.13 million. During the same period in the previous year, the company posted $0.47 earnings per share. The business's revenue was up .5% on a year-over-year basis. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. Sell-side analysts expect that Teradata Corporation will post 1.78 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TDC shares. Zacks Research lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 20th. Morgan Stanley restated an "equal weight" rating and set a $29.00 price target (down from $35.00) on shares of Teradata in a research report on Monday, August 10th. UBS Group lifted their price objective on shares of Teradata from $34.00 to $36.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. Citigroup decreased their price objective on shares of Teradata from $39.00 to $36.00 and set a "buy" rating for the company in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and set a $34.00 target price on shares of Teradata in a research note on Thursday, July 16th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $34.78.

Insider Transactions at Teradata

In other Teradata news, Director Timothy C. K. Chou sold 5,657 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $33.72, for a total value of $190,754.04. Following the completion of the sale, the director owned 39,210 shares in the company, valued at approximately $1,322,161.20. This represents a 12.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Richard J. Petley sold 17,227 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $35.00, for a total transaction of $602,945.00. Following the completion of the transaction, the executive directly owned 188,571 shares in the company, valued at $6,599,985. This trade represents a 8.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.96% of the company's stock.

Teradata Company 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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