BDF Gestion Purchases New Position in Western Digital Corporation $WDC

BDF Gestion acquired a new position in shares of Western Digital Corporation (NASDAQ:WDC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,733 shares of the data storage provider’s stock, valued at approximately $1,160,000.

A number of other institutional investors also recently made changes to their positions in the company. ORG Partners LLC grew its position in shares of Western Digital by 124.5% in the third quarter. ORG Partners LLC now owns 211 shares of the data storage provider’s stock valued at $25,000 after purchasing an additional 117 shares during the last quarter. Rakuten Securities Inc. lifted its holdings in Western Digital by 4,070.0% during the 2nd quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock worth $27,000 after purchasing an additional 407 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in Western Digital by 551.4% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 241 shares of the data storage provider’s stock valued at $29,000 after purchasing an additional 204 shares during the period. Grove Bank & Trust bought a new stake in Western Digital in the 3rd quarter valued at $30,000. Finally, Westfuller Advisors LLC acquired a new position in Western Digital in the 3rd quarter valued at $30,000. Institutional investors own 92.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on WDC shares. China Renaissance assumed coverage on Western Digital in a research report on Friday, December 5th. They set a “buy” rating and a $193.00 price objective on the stock. Citigroup upped their price target on shares of Western Digital to $325.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Barclays raised their price target on shares of Western Digital from $240.00 to $325.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Robert W. Baird set a $310.00 price objective on shares of Western Digital in a research note on Monday, February 2nd. Finally, UBS Group set a $306.00 price objective on shares of Western Digital in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Western Digital has an average rating of “Moderate Buy” and a consensus target price of $265.58.

Western Digital Trading Up 2.1%

WDC opened at $301.05 on Wednesday. The company’s 50 day moving average is $269.02 and its 200-day moving average is $190.51. Western Digital Corporation has a 1-year low of $28.83 and a 1-year high of $319.62. The company has a current ratio of 1.46, a quick ratio of 1.19 and a debt-to-equity ratio of 0.34. The company has a market cap of $102.07 billion, a P/E ratio of 30.20, a PEG ratio of 0.68 and a beta of 1.76.

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

Western Digital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Thursday, March 5th were issued a dividend of $0.125 per share. The ex-dividend date was Thursday, March 5th. This represents a $0.50 annualized dividend and a dividend yield of 0.2%. Western Digital’s dividend payout ratio is 5.02%.

Key Stories Impacting Western Digital

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

• Positive Sentiment: Fundamentals: WDC’s January quarter beat estimates (EPS and revenue) and showed strong revenue growth and margins, giving investors a fundamental reason to bid the stock higher.
• Positive Sentiment: AI/storage tailwind: Analysts and market writeups highlight memory & storage stocks benefiting from the AI build‑out, a structural demand driver that supports further upside for WDC. Why Memory Stocks Are Winning the AI Boom While Big Tech Struggles
• Positive Sentiment: Analyst / media bullishness: Recent pieces laying out reasons WDC could keep climbing add to positive sentiment and attract momentum buyers. 2 Reasons Why Western Digital Stock Could Keep Climbing In 2026
• Positive Sentiment: Market reaction coverage: Market headlines pointing out WDC’s intraday gain help reinforce buying interest. Western Digital (WDC) Increases Despite Market Slip: Here’s What You Need to Know
• Neutral Sentiment: Short‑interest reporting appears unreliable: several feeds flagged a “large increase” in short interest but the numeric entries show zeros/NaN — this looks like a data glitch and shouldn’t be read as a true short‑squeeze signal.
• Neutral Sentiment: Volume and retail signals: Today’s advance occurred on below‑average volume, and isolated retail discounts (e.g., a WD Elements promo) are unlikely to materially change demand trends. Western Digital WD Elements Desktop External Hard Drive drops to $548.25
• Negative Sentiment: Valuation & positioning risk: WDC is trading near its highs and at an elevated P/E versus historical levels — that raises pullback risk if AI demand growth or margin assumptions disappoint.

Insider Activity at Western Digital

In related news, insider Vidyadhara K. Gubbi sold 10,148 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $270.31, for a total transaction of $2,743,105.88. Following the sale, the insider owned 107,794 shares in the company, valued at $29,137,796.14. The trade was a 8.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Cynthia L. Tregillis sold 9,324 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $268.27, for a total value of $2,501,349.48. Following the completion of the transaction, the insider directly owned 121,682 shares of the company’s stock, valued at approximately $32,643,630.14. The trade was a 7.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 92,795 shares of company stock valued at $24,265,884 over the last three months. 0.18% of the stock is currently owned by corporate insiders.

Western Digital 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.