B. Metzler seel. Sohn & Co. AG Purchases 22,209 Shares of Western Digital Corporation $WDC

B. Metzler seel. Sohn & Co. AG boosted its position in shares of Western Digital Corporation (NASDAQ:WDC) by 65.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 56,187 shares of the data storage provider’s stock after purchasing an additional 22,209 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Western Digital were worth $6,746,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Dynamic Technology Lab Private Ltd purchased a new position in Western Digital in the third quarter worth about $1,396,000. Vinva Investment Management Ltd grew its holdings in shares of Western Digital by 737.5% during the third quarter. Vinva Investment Management Ltd now owns 91,590 shares of the data storage provider’s stock valued at $10,692,000 after buying an additional 80,654 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Western Digital by 2.6% during the third quarter. Parallel Advisors LLC now owns 5,667 shares of the data storage provider’s stock valued at $680,000 after buying an additional 143 shares during the last quarter. Natixis Advisors LLC increased its position in shares of Western Digital by 59.5% during the third quarter. Natixis Advisors LLC now owns 365,604 shares of the data storage provider’s stock valued at $43,895,000 after acquiring an additional 136,424 shares in the last quarter. Finally, Korea Investment CORP increased its position in shares of Western Digital by 29.9% during the third quarter. Korea Investment CORP now owns 358,512 shares of the data storage provider’s stock valued at $43,043,000 after acquiring an additional 82,434 shares in the last quarter. 92.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WDC. Loop Capital upped their price objective on Western Digital to $250.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Cantor Fitzgerald lifted their target price on Western Digital to $325.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Weiss Ratings upgraded Western Digital from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 2nd. New Street Research set a $250.00 price target on Western Digital in a report on Tuesday, February 3rd. Finally, Wells Fargo & Company increased their price objective on Western Digital from $260.00 to $335.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $265.58.

Western Digital Stock Down 5.3%

NASDAQ WDC opened at $245.25 on Monday. Western Digital Corporation has a 52 week low of $28.83 and a 52 week high of $309.90. The company has a quick ratio of 1.19, a current ratio of 1.46 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $83.15 billion, a P/E ratio of 24.60, a price-to-earnings-growth ratio of 0.56 and a beta of 1.76. The stock’s 50-day moving average price is $246.38 and its 200-day moving average price is $173.21.

Western Digital (NASDAQ:WDC) last announced its quarterly earnings data on Thursday, January 29th. The data storage provider reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $0.20. The company had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.93 billion. Western Digital had a return on equity of 41.53% and a net margin of 35.52%.The firm’s revenue was up 25.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.77 EPS. On average, equities research analysts predict that Western Digital Corporation will post 4.89 earnings per share for the current year.

Western Digital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Thursday, March 5th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, March 5th. Western Digital’s dividend payout ratio is presently 5.02%.

Key Headlines Impacting Western Digital

Here are the key news stories impacting Western Digital this week:

• Positive Sentiment: Company completed the spin‑off of its flash business and repositioned as a pure‑play HDD supplier, reportedly selling a ~$3.1B stake and securing long‑term hyperscaler agreements that fully book HDD production through at least 2028 — this improves cash, reduces leverage and gives multi‑year revenue visibility. Western Digital Bets On Pure HDD Future With Hyperscaler AI Demand
• Positive Sentiment: Management and analysts highlight sold‑out nearline/HDD capacity for 2026 and guidance pointing to material revenue and margin expansion driven by AI (video, large‑model data), underpinning a structural re‑rating story. Western Digital: AI’s Unsung Storage Backbone
• Neutral Sentiment: Options flow and institutional activity show heightened trading interest — large option bets and increased analyst coverage keep liquidity high but also increase short‑term volatility. Western Digital’s Options: A Look at What the Big Money is Thinking
• Neutral Sentiment: Consumer retail promotions and pricing anomalies (e.g., SSD deals) create short‑term retail noise but have limited impact on the enterprise HDD thesis that’s driving the stock. This 2TB WD SN850X is cheaper from Walmart than the equivalent 1TB model in a strange deal
• Negative Sentiment: Multiple insider sales were disclosed (senior execs sold shares on March 4), which can sap near‑term sentiment even if sales are for diversification; investors often view clustered executive selling as a caution flag. Western Digital (NASDAQ:WDC) Insider Sells $2,501,349.48 in Stock
• Negative Sentiment: Analysts warn of valuation and cyclical peak risk — some argue recent gains price in peak AI storage demand and a pullback or normalization in hyperscaler buying could trigger downside. Market anxiety after a very large prior run (and a recent sharp sell‑off episode) contributes to heavier profit‑taking. Western Digital: Strong AI Tailwinds, But Valuation Signals Cyclical Peak Risk What Drove WDC Stock’s Historic 490% Jump

Insider Activity

In related news, insider Vidyadhara K. Gubbi sold 10,148 shares of Western Digital stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $270.31, for a total transaction of $2,743,105.88. Following the transaction, the insider owned 107,794 shares in the company, valued at approximately $29,137,796.14. The trade was a 8.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Matthew E. Massengill sold 36,926 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $260.43, for a total transaction of $9,616,638.18. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 84,277 shares of company stock valued at $22,091,068. Company insiders own 0.18% of the company’s stock.

Western Digital Company Profile

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments.