Engineers Gate Manager LP Reduces Stake in Teradata Corporation $TDC

Engineers Gate Manager LP cut its stake in Teradata Corporation (NYSE:TDC) by 41.6% in the second quarter, Holdings Channel reports. The fund owned 54,890 shares of the technology company’s stock after selling 39,142 shares during the period. Engineers Gate Manager LP’s holdings in Teradata were worth $1,902,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Teradata during the 2nd quarter valued at about $30,000. Financial Management Professionals Inc. purchased a new position in Teradata during the second quarter worth about $36,000. Elevation Wealth Partners LLC raised its stake in Teradata by 587.2% during the second 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. Nykredit A S acquired a new position in Teradata in the 2nd quarter valued at about $44,000. Finally, Global Retirement Partners LLC acquired a new position in Teradata in the 2nd quarter valued at about $46,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of TDC stock opened at $29.40 on Wednesday. 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 fifty day moving average price of $29.20 and a 200 day moving average price of $29.69. The company has a market cap of $2.73 billion, a P/E ratio of 6.19, a PEG ratio of 2.18 and a beta of 0.58. Teradata Corporation has a 12 month low of $20.33 and a 12 month high of $41.78.

Teradata (NYSE:TDC) last posted its earnings results on Tuesday, August 4th. The technology company reported $0.69 EPS for the quarter, beating 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 firm had revenue of $410.00 million for the quarter, compared to analyst estimates of $396.13 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. 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. Sell-side analysts predict that Teradata Corporation will post 1.79 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TDC has been the subject of a number of recent analyst reports. Citigroup cut their price target on shares of Teradata from $39.00 to $36.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Zacks Research lowered Teradata from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Barclays dropped their price objective on shares of Teradata from $28.00 to $27.00 and set an “underweight” rating for the company in a report on Wednesday, August 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Teradata in a research note on Wednesday, June 24th. Finally, Royal Bank Of Canada restated 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $34.78.

Teradata Profile

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.