BDF Gestion Invests $1.17 Million in Seagate Technology Holdings PLC $STX

BDF Gestion acquired a new position in Seagate Technology Holdings PLC (NASDAQ:STX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,262 shares of the data storage provider’s stock, valued at approximately $1,174,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Rakuten Securities Inc. grew its position in shares of Seagate Technology by 884.2% during the 2nd quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock valued at $27,000 after acquiring an additional 168 shares during the period. Armstrong Advisory Group Inc. purchased a new stake in shares of Seagate Technology in the 4th quarter worth $28,000. First Horizon Corp bought a new position in Seagate Technology in the 3rd quarter worth $33,000. Raiffeisen Bank International AG bought a new position in Seagate Technology in the 3rd quarter worth $33,000. Finally, Physician Wealth Advisors Inc. lifted its position in Seagate Technology by 43.7% during the third quarter. Physician Wealth Advisors Inc. now owns 148 shares of the data storage provider’s stock valued at $35,000 after purchasing an additional 45 shares in the last quarter. 92.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on STX. Robert W. Baird upped their price target on Seagate Technology from $270.00 to $505.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Seagate Technology in a research report on Wednesday, February 4th. Wells Fargo & Company boosted their price objective on Seagate Technology from $360.00 to $450.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 28th. Rosenblatt Securities increased their target price on shares of Seagate Technology from $370.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Finally, Susquehanna upgraded shares of Seagate Technology from a “negative” rating to a “neutral” rating and raised their target price for the stock from $150.00 to $280.00 in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Seagate Technology has a consensus rating of “Moderate Buy” and an average price target of $447.35.

Key Headlines Impacting Seagate Technology

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

• Positive Sentiment: Strong demand tailwind: Memory and storage stocks (including Seagate) remain a favored trade as heavy AI/datacenter spending is boosting revenue expectations for the group — supports continued multiple expansion and investor appetite. Memory Is Wall Street’s Favorite Tech Trade
• Positive Sentiment: Momentum and valuation attention: Seagate’s strong recent share-price gains (noted 3‑month and YTD outperformance) are drawing fresh valuation-focused coverage that can attract momentum and growth-oriented flows. Valuation After Recent Share Price Momentum
• Positive Sentiment: Analyst support: Multiple firms have raised price targets and maintain overweight/buy views, raising the consensus target and reinforcing bullish investor narratives. MarketBeat Analyst Notes
• Positive Sentiment: Dividend confirmation: Seagate declared a quarterly dividend (record/ex‑dividend dates noted), which can support demand from income and dividend-focused investors. Dividend Announcement
• Neutral Sentiment: Options/volatility signal: Implied volatility is very high (IV Rank ~80%), making option strategies attractive for traders and indicating big expected moves — can amplify intraday swings but is not a directional fundamental. Seagate Stock Volatility & Options Strategy
• Neutral Sentiment: Short-interest data appears inconsistent/noisy in recent reports (values reported as zero/NaN) — current reads don’t provide a clear short-squeeze signal and should be treated cautiously until clarified. (No clean external link; data pulled from market feeds.)
• Negative Sentiment: Insider selling: CEO William Mosley sold ~24,584 shares (~$10M) in a March 19 filing — not uncommon for diversification but can be perceived negatively by some investors. CEO Insider Sale Filing

Seagate Technology Stock Performance

Shares of NASDAQ STX opened at $424.96 on Wednesday. The company has a market cap of $92.67 billion, a P/E ratio of 48.07, a P/E/G ratio of 0.90 and a beta of 1.61. Seagate Technology Holdings PLC has a 52-week low of $63.19 and a 52-week high of $459.84. 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’s fifty day moving average is $393.13 and its two-hundred day moving average is $304.00.

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

Seagate Technology Announces Dividend

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

Insider Buying and Selling at Seagate Technology

In related news, EVP Ban Seng Teh sold 20,195 shares of Seagate Technology stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $442.29, for a total transaction of $8,932,046.55. Following the completion of the transaction, the executive vice president directly owned 3,092 shares of the company’s stock, valued at approximately $1,367,560.68. The trade was a 86.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William D. Mosley sold 24,584 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $406.77, for a total value of $10,000,033.68. Following the completion of the transaction, the chief executive officer directly owned 375,591 shares in the company, valued at $152,779,151.07. This trade represents a 6.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 113,635 shares of company stock valued at $44,430,443. Insiders own 0.79% of the company’s stock.

Seagate Technology Company 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.