Engineers Gate Manager LP Cuts Stock Position in Teradata Corporation $TDC

Key Points

• Engineers Gate Manager LP reduced its Teradata position by 41.6% in the second quarter, selling 39,142 shares and retaining 54,890 shares valued at approximately $1.9 million. Institutional investors collectively own 90.31% of Teradata.
• Teradata exceeded quarterly expectations, reporting $0.69 in adjusted earnings per share versus the $0.56 analyst consensus and revenue of $410 million versus estimates of $396.13 million. The company provided third-quarter 2026 EPS guidance of $0.55–$0.59.
• Analyst sentiment is mixed, with three Buy ratings, six Holds, and one Sell; the consensus rating is Hold with an average price target of $34.78, compared with the stock’s reported price of $29.40.

Engineers Gate Manager LP trimmed its holdings in shares of Teradata Corporation (NYSE:TDC - Free Report) by 41.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,890 shares of the technology company's stock after selling 39,142 shares during the quarter. Engineers Gate Manager LP owned approximately 0.06% of Teradata worth $1,902,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Integrated Wealth Concepts LLC purchased a new stake in Teradata in the 2nd quarter worth $272,000. NewEdge Advisors LLC lifted its holdings in Teradata by 18.0% during the second quarter. NewEdge Advisors LLC now owns 23,192 shares of the technology company's stock valued at $804,000 after purchasing an additional 3,530 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of Teradata in the second quarter valued at about $20,687,000. Allworth Financial LP grew its position in shares of Teradata by 69.5% in the second quarter. Allworth Financial LP now owns 6,018 shares of the technology company's stock valued at $209,000 after purchasing an additional 2,468 shares during the period. Finally, Waverly Advisors LLC purchased a new stake in shares of Teradata during the second quarter worth about $271,000. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Price Performance

Shares of NYSE TDC opened at $29.40 on Wednesday. The firm has a 50-day simple moving average of $29.20 and a 200-day simple moving average of $29.69. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 6.19, a price-to-earnings-growth ratio of 2.18 and a beta of 0.58. Teradata Corporation has a 52 week low of $20.33 and a 52 week high of $41.78.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. Teradata had a net margin of 27.08% and a return on equity of 47.25%. 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 business posted $0.47 earnings per share. Teradata's quarterly 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. On average, equities analysts predict that Teradata Corporation will post 1.79 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on TDC. Weiss Ratings restated a "hold (c)" rating on shares of Teradata in a research report on Wednesday, June 24th. Citigroup cut their price objective on Teradata from $39.00 to $36.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Zacks Research cut Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 20th. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, Citizens Jmp reaffirmed a "market outperform" rating and issued a $49.00 price target on shares of Teradata in a research note on Wednesday, June 10th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently 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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