Seagate Technology Holdings PLC $STX Stock Holdings Lifted by MBL Wealth LLC

MBL Wealth LLC lifted its stake in Seagate Technology Holdings PLC (NASDAQ:STX) by 131.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,829 shares of the data storage provider’s stock after purchasing an additional 1,038 shares during the period. MBL Wealth LLC’s holdings in Seagate Technology were worth $1,687,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in STX. Retirement Wealth Solutions LLC boosted its position in Seagate Technology by 70.6% in the 2nd quarter. Retirement Wealth Solutions LLC now owns 29 shares of the data storage provider’s stock valued at $28,000 after buying an additional 12 shares during the period. Bridgewater Advisors Inc. grew its stake in Seagate Technology by 0.9% in the 1st quarter. Bridgewater Advisors Inc. now owns 1,477 shares of the data storage provider’s stock worth $579,000 after acquiring an additional 13 shares in the last quarter. Baker Tilly Wealth Management LLC grew its stake in Seagate Technology by 4.6% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 319 shares of the data storage provider’s stock worth $295,000 after acquiring an additional 14 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Seagate Technology by 23.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 80 shares of the data storage provider’s stock worth $31,000 after acquiring an additional 15 shares during the period. Finally, One River Asset Management LLC increased its position in shares of Seagate Technology by 50.0% during the third quarter. One River Asset Management LLC now owns 45 shares of the data storage provider’s stock worth $42,000 after acquiring an additional 15 shares during the period. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Wall Street Analyst Weigh In

STX has been the subject of several research analyst reports. Barclays lifted their price target on shares of Seagate Technology from $1,000.00 to $1,250.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Wedbush boosted their price target on Seagate Technology from $825.00 to $1,000.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. increased their price objective on Seagate Technology from $1,095.00 to $1,240.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Susquehanna raised their price objective on Seagate Technology from $775.00 to $875.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Finally, Rosenblatt Securities raised their price objective on Seagate Technology from $1,300.00 to $1,400.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Twenty-two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $975.92.

Seagate Technology Stock Down 7.9%

NASDAQ:STX opened at $642.14 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.67 and a quick ratio of 1.17. Seagate Technology Holdings PLC has a 1-year low of $217.67 and a 1-year high of $1,145.00. The company has a 50-day moving average of $827.45 and a 200 day moving average of $811.60. The firm has a market cap of $146.02 billion, a PE ratio of 46.26 and a beta of 2.06.

Seagate Technology (NASDAQ:STX) last posted its earnings results on Tuesday, July 28th. The data storage provider reported $5.71 EPS for the quarter, beating analysts’ consensus estimates of $5.10 by $0.61. Seagate Technology had a net margin of 26.11% and a return on equity of 369.98%. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter last year, the firm posted $2.59 EPS. The company’s revenue for the quarter was up 48.5% on a year-over-year basis. Seagate Technology has set its Q1 2027 guidance at 7.100-7.500 EPS. As a group, research analysts anticipate that Seagate Technology Holdings PLC will post 35.79 EPS for the current fiscal year.

Seagate Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.74 per share. The ex-dividend date was Thursday, September 24th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.5%. Seagate Technology’s dividend payout ratio (DPR) is currently 21.33%.

Insider Buying and Selling at Seagate Technology

In other Seagate Technology news, CFO Gianluca Romano sold 49,984 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $772.16, for a total transaction of $38,595,645.44. Following the completion of the sale, the chief financial officer owned 70,756 shares in the company, valued at $54,634,952.96. This represents a 41.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP John Morris sold 15,466 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $772.15, for a total value of $11,942,071.90. Following the sale, the executive vice president owned 31,132 shares of the company’s stock, valued at approximately $24,038,573.80. This represents a 33.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 466,959 shares of company stock valued at $378,840,741. 0.51% of the stock is owned by corporate insiders.

More Seagate Technology News

Here are the key news stories impacting Seagate Technology this week:

• Positive Sentiment: Bank of America raised its price target on Seagate to $1,200 from $1,150 and reiterated a Buy rating, citing HDD demand that is exceeding long-term expectations. The bank expects fiscal Q1 2027 revenue near the high end of guidance and earnings above management’s projected range. Seagate price target raised as Bank of America sees strong demand for hard drives
• Positive Sentiment: J.P. Morgan and other analysts issued bullish views, while Morgan Stanley reportedly expects further share-price appreciation. Zacks also upgraded STX to a Buy and added it to its Strong Buy list, reflecting improving earnings expectations. Seagate Tech Gets a Buy from J.P. Morgan
• Positive Sentiment: The earnings preview highlights favorable storage pricing, constrained HDD capacity, and rising nearline and AI-oriented demand. Analysts are looking for Seagate to build on its recent earnings beat, including its latest $5.71-per-share result versus a $5.10 consensus estimate. STX Stock Earnings Preview
• Neutral Sentiment: Seagate’s strong rally—reported at roughly 155% for the year—has prompted investors to consider taking profits. This creates near-term volatility even though the fundamental outlook remains constructive. Micron and Seagate profit-taking analysis

Seagate Technology Profile

Seagate Technology Holdings plc (NASDAQ: STX) is a data storage company that develops and manufactures mass-capacity storage products and solutions. Its portfolio is centered on hard disk drives (HDDs) used in cloud data centers, enterprise systems, network-attached storage, video and imaging applications, and personal computers.

The company also provides storage-related services and solutions designed to help organizations store, manage, protect, and access large volumes of digital information.