Caisse de depot et placement du Quebec Takes Position in Teradata Corporation $TDC

Key Points

• Caisse de dépôt et placement du Québec acquired 306,311 Teradata shares worth approximately $10.6 million, representing about 0.33% of the company. Institutional investors collectively own 90.31% of Teradata.
• Teradata reported quarterly EPS of $0.69, beating analyst estimates of $0.56, while revenue of $410 million also exceeded expectations. The company guided for third-quarter 2026 EPS of $0.55–$0.59 and full-year EPS of $2.65–$2.73.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $34.78 versus the stock’s cited price of $28.80. Analysts have also lowered several future EPS forecasts, while two insiders sold shares under pre-arranged trading plans.

Caisse de depot et placement du Quebec bought a new stake in shares of Teradata Corporation (NYSE:TDC - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 306,311 shares of the technology company's stock, valued at approximately $10,614,000. Caisse de depot et placement du Quebec owned approximately 0.33% of Teradata as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new position in Teradata in the 2nd quarter worth about $30,000. Financial Management Professionals Inc. purchased a new position in shares of Teradata during the second quarter worth approximately $36,000. Elevation Wealth Partners LLC raised 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 purchasing an additional 1,010 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Teradata in the second quarter worth about $46,000. Finally, Parallel Advisors LLC increased its stake 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 during the period. Institutional investors own 90.31% of the company's stock.

Teradata Stock Performance

Shares of NYSE TDC opened at $28.80 on Friday. 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 firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 6.06, a price-to-earnings-growth ratio of 2.13 and a beta of 0.60. Teradata Corporation has a 12-month low of $20.25 and a 12-month high of $41.78. The firm has a 50 day moving average of $30.44 and a 200 day moving average of $29.99.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, August 4th. The technology company reported $0.69 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 company had revenue of $410.00 million for the quarter, compared to analysts' expectations of $396.13 million. During the same period last year, the firm earned $0.47 EPS. Teradata's revenue for the quarter 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. On average, research analysts anticipate that Teradata Corporation will post 1.79 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TDC. 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. UBS Group raised their price objective on Teradata from $34.00 to $36.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 8th. Zacks Research cut shares of Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 20th. Finally, Citizens Jmp reiterated a "market outperform" rating and set a $49.00 target price on shares of Teradata in a research note on Wednesday, June 10th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $34.78.

Insiders Place Their Bets

In related news, Director Timothy C. K. Chou sold 5,657 shares of Teradata stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $33.72, for a total transaction of $190,754.04. Following the sale, the director owned 39,210 shares of the company's stock, valued at approximately $1,322,161.20. This trade represents a 12.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Richard J. Petley sold 17,227 shares of the business's stock in a transaction 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.96% of the company's stock.

Key Stories Impacting Teradata

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 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.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source