Mutual Advisors LLC Acquires Shares of 1,177 Seagate Technology Holdings PLC $STX

Mutual Advisors LLC bought a new position in shares of Seagate Technology Holdings PLC (NASDAQ:STX) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,177 shares of the data storage provider’s stock, valued at approximately $266,000.

A number of other institutional investors have also made changes to their positions in STX. Integrated Wealth Concepts LLC lifted its stake in Seagate Technology by 168.0% during the first quarter. Integrated Wealth Concepts LLC now owns 7,177 shares of the data storage provider’s stock worth $610,000 after purchasing an additional 4,499 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Seagate Technology during the second quarter worth $262,000. Ameritas Advisory Services LLC bought a new position in shares of Seagate Technology in the 2nd quarter worth about $76,000. US Bancorp DE boosted its holdings in shares of Seagate Technology by 8.8% in the 2nd quarter. US Bancorp DE now owns 22,988 shares of the data storage provider’s stock valued at $3,318,000 after buying an additional 1,850 shares during the period. Finally, Blair William & Co. IL grew its position in shares of Seagate Technology by 33.5% during the 2nd quarter. Blair William & Co. IL now owns 3,786 shares of the data storage provider’s stock valued at $546,000 after buying an additional 951 shares during the last quarter. 92.87% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP James Ci Lee sold 673 shares of the business’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $348.85, for a total value of $234,776.05. Following the sale, the executive vice president owned 257 shares of the company’s stock, valued at approximately $89,654.45. The trade was a 72.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William D. Mosley sold 20,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.27, for a total value of $8,585,400.00. Following the transaction, the chief executive officer directly owned 410,056 shares of the company’s stock, valued at $176,024,739.12. This represents a 4.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 137,976 shares of company stock valued at $45,330,378 over the last 90 days. Corporate insiders own 0.79% of the company’s stock.

Seagate Technology Price Performance

Shares of STX opened at $429.32 on Monday. Seagate Technology Holdings PLC has a one year low of $63.19 and a one year high of $459.41. The stock’s fifty day moving average is $320.55 and its 200-day moving average is $249.45. The company has a debt-to-equity ratio of 7.63, a quick ratio of 0.72 and a current ratio of 1.12. The firm has a market capitalization of $93.62 billion, a price-to-earnings ratio of 48.57, a price-to-earnings-growth ratio of 0.96 and a beta of 1.62.

Seagate Technology (NASDAQ:STX) last posted its quarterly earnings data on Tuesday, January 27th. The data storage provider reported $3.11 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.34. The business had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.73 billion. Seagate Technology had a net margin of 19.59% and a negative return on equity of 936.38%. The company’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.03 earnings per share. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. Equities analysts anticipate that Seagate Technology Holdings PLC will post 6.83 EPS for the current year.

Seagate Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 25th will be paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, March 25th. Seagate Technology’s dividend payout ratio (DPR) is currently 33.48%.

Key Seagate Technology News

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

• Positive Sentiment: Major broker Citigroup raised its price target to $480 and maintained a “buy” rating, signaling incremental analyst conviction and supporting upside expectations. MarketScreener: Citigroup adjusts Seagate price target to $480
• Positive Sentiment: BNP Paribas Exane lifted its target sharply to $530 and kept an “outperform” rating, a sizable bullish signal that likely boosted investor confidence. MarketScreener: BNP Paribas adjusts Seagate price target to $530
• Positive Sentiment: Cantor Fitzgerald reportedly set a $650 price target—an aggressive bull-case that adds to the narrative of strong long-term upside from AI-related storage demand. AmericanBankingNews: Seagate Given New $650.00 Price Target at Cantor Fitzgerald
• Positive Sentiment: Industry media (Zacks) is including STX on growth and momentum lists, citing AI-driven memory/storage demand and strong earnings growth — reinforcing investor interest in Seagate as an AI beneficiary. Zacks: 5 Growth Stocks to Buy in February to Enhance Your Portfolio Returns
• Neutral Sentiment: Zacks also highlighted STX in pieces about stocks that could beat earnings and show price strength; useful signals but not direct catalysts. Zacks: These 2 Computer and Technology Stocks Could Beat Earnings
• Negative Sentiment: Analysis in Forbes pointed to a recent sharp one-day decline driven by renewed worries over AI chip export restrictions to China and notable insider selling — issues that can pressure valuation and sentiment. Forbes: How Low Can Seagate Stock Go?
• Negative Sentiment: A Yahoo Finance piece flagged a CEO share sale, prompting fresh scrutiny of insider selling and the AI-storage valuation story; investor concern over timing and optics can be a headwind. Yahoo Finance: Seagate CEO Share Sale Prompts Fresh Look At AI Storage Valuation

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Barclays lifted their target price on Seagate Technology from $370.00 to $425.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 28th. Citigroup boosted their price objective on Seagate Technology from $460.00 to $480.00 and gave the company a “buy” rating in a research report on Friday. The Goldman Sachs Group upped their price objective on Seagate Technology from $310.00 to $385.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Zacks Research cut Seagate Technology from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Finally, TD Cowen upped their price target on shares of Seagate Technology from $340.00 to $500.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Eighteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Seagate Technology presently has an average rating of “Moderate Buy” and a consensus target price of $431.48.

Seagate Technology Profile

Seagate Technology (NASDAQ: STX) is a global data storage company that designs, manufactures and sells a broad range of storage products and systems. The firm’s product portfolio includes traditional hard disk drives (HDDs), solid-state drives (SSDs), hybrid storage devices and integrated storage systems aimed at enterprise, cloud, OEM and consumer markets. Seagate also provides services that support its hardware offerings, including data recovery and storage management solutions.

Seagate’s products are used in a wide array of applications, from large-scale data centers and cloud infrastructure to desktop and portable consumer devices.