Bank of New York Mellon Corp Cuts Holdings in Teradata Corporation $TDC

Bank of New York Mellon Corp lessened its position in shares of Teradata Corporation (NYSE:TDC) by 28.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 626,096 shares of the technology company’s stock after selling 245,369 shares during the period. Bank of New York Mellon Corp owned approximately 0.65% of Teradata worth $13,968,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in shares of Teradata by 63.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 149,462 shares of the technology company’s stock valued at $3,360,000 after purchasing an additional 58,040 shares in the last quarter. New York State Common Retirement Fund lifted its position in Teradata by 11.6% during the first quarter. New York State Common Retirement Fund now owns 62,457 shares of the technology company’s stock valued at $1,404,000 after buying an additional 6,500 shares in the last quarter. Allianz Asset Management GmbH grew its stake in Teradata by 21.7% during the first quarter. Allianz Asset Management GmbH now owns 892,228 shares of the technology company’s stock worth $20,057,000 after buying an additional 158,804 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Teradata in the first quarter worth $2,323,000. Finally, Cetera Investment Advisers raised its stake in shares of Teradata by 13.8% in the 1st quarter. Cetera Investment Advisers now owns 10,255 shares of the technology company’s stock valued at $231,000 after acquiring an additional 1,246 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TDC shares. Evercore ISI upped their price target on shares of Teradata from $25.00 to $28.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 5th. TD Cowen upped their target price on Teradata from $24.00 to $25.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Zacks Research upgraded Teradata from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Wall Street Zen raised Teradata from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th. Finally, Citizens Jmp raised shares of Teradata from a “market perform” rating to an “outperform” rating and set a $42.00 price objective for the company in a research report on Monday, November 10th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Teradata currently has an average rating of “Hold” and an average price target of $28.11.

Teradata Stock Performance

Shares of TDC opened at $26.10 on Tuesday. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 3.72 and a beta of 0.71. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 2.21. The business’s 50 day moving average is $22.61 and its two-hundred day moving average is $22.08. Teradata Corporation has a 52-week low of $18.43 and a 52-week high of $33.20.

Teradata (NYSE:TDC) last released its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.19. The business had revenue of $416.00 million during the quarter, compared to the consensus estimate of $406.30 million. Teradata had a net margin of 7.15% and a return on equity of 83.22%. The business’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 earnings per share. Teradata has set its Q4 2025 guidance at 0.530-0.570 EPS. FY 2025 guidance at 2.380-2.420 EPS. Analysts forecast that Teradata Corporation will post 1.31 EPS for the current fiscal year.

About Teradata

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.