Teradata Corporation $TDC Shares Purchased by Invesco Ltd.

Key Points

• Invesco Ltd. increased its stake in Teradata Corporation by 83.4%, purchasing 207,268 additional shares, bringing its total ownership to 455,700 shares valued at approximately $10.24 million.
• Teradata reported a quarterly earnings per share (EPS) of $0.47, exceeding analyst expectations, although revenue decreased 6.4% year-over-year.
• Analysts have downgraded Teradata's stock ratings, with changes from "buy" to "hold," and revised price targets, reflecting a consensus rating of "Hold" with an average target of $26.86.

Invesco Ltd. raised its position in shares of Teradata Corporation (NYSE:TDC - Free Report) by 83.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 455,700 shares of the technology company's stock after buying an additional 207,268 shares during the quarter. Invesco Ltd. owned about 0.48% of Teradata worth $10,244,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Teradata by 5.6% during the first quarter. Vanguard Group Inc. now owns 13,774,843 shares of the technology company's stock valued at $309,658,000 after buying an additional 728,333 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Teradata by 12.4% during the fourth quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock valued at $169,756,000 after buying an additional 599,394 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Teradata by 17.2% during the fourth quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company's stock valued at $88,029,000 after buying an additional 416,585 shares during the last quarter. LSV Asset Management raised its position in shares of Teradata by 95.6% in the 1st quarter. LSV Asset Management now owns 1,588,999 shares of the technology company's stock valued at $35,721,000 after purchasing an additional 776,799 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Teradata by 10.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,339,577 shares of the technology company's stock valued at $30,114,000 after purchasing an additional 121,923 shares during the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TDC. UBS Group decreased their price objective on shares of Teradata from $24.00 to $23.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. Guggenheim decreased their price objective on shares of Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Northland Capmk lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Northland Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective for the company. in a research report on Wednesday, May 7th. Finally, Wall Street Zen lowered shares of Teradata from a "buy" rating to a "hold" rating in a research report on Saturday, August 23rd. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $26.86.

Teradata Stock Performance

Shares of NYSE TDC traded up $0.01 during midday trading on Thursday, reaching $21.11. 765,469 shares of the stock were exchanged, compared to its average volume of 1,252,027. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 4.89 and a beta of 0.83. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $33.69. The firm has a 50-day simple moving average of $21.60 and a two-hundred day simple moving average of $22.21. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.78.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.06. The business had revenue of $408.00 million for the quarter, compared to analysts' expectations of $399.73 million. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The business's revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the company earned $0.64 EPS. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. As a group, analysts anticipate that Teradata Corporation will post 1.31 EPS for the current fiscal year.

Teradata Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.