Seagate Technology Holdings PLC (NASDAQ:STX) Receives Average Recommendation of “Moderate Buy” from Brokerages

Seagate Technology Holdings PLC (NASDAQ:STX) has earned an average recommendation of “Moderate Buy” from the twenty-five ratings firms that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, eighteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $430.6087.

A number of research firms recently weighed in on STX. Zacks Research lowered shares of Seagate Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. China Renaissance upped their price target on shares of Seagate Technology from $325.00 to $452.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. The Goldman Sachs Group increased their price objective on Seagate Technology from $310.00 to $385.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Evercore ISI boosted their target price on Seagate Technology from $330.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company upped their target price on Seagate Technology from $360.00 to $450.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 28th.

Insiders Place Their Bets

In other news, EVP Ban Seng Teh sold 20,195 shares of the stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $442.29, for a total value of $8,932,046.55. Following the transaction, the executive vice president owned 3,092 shares of the company’s stock, valued at $1,367,560.68. This represents a 86.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Gianluca Romano sold 54,021 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $285.16, for a total transaction of $15,404,628.36. Following the sale, the chief financial officer owned 56,293 shares in the company, valued at approximately $16,052,511.88. This trade represents a 48.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 137,976 shares of company stock worth $45,330,378. 0.79% of the stock is owned by corporate insiders.

Institutional Trading of Seagate Technology

Institutional investors have recently added to or reduced their stakes in the business. National Pension Service grew its holdings in shares of Seagate Technology by 28.0% in the third quarter. National Pension Service now owns 250,121 shares of the data storage provider’s stock worth $59,044,000 after acquiring an additional 54,722 shares during the period. Vision Financial Markets LLC bought a new position in Seagate Technology in the second quarter valued at about $173,000. Tokio Marine Asset Management Co. Ltd. purchased a new position in Seagate Technology in the third quarter worth about $1,864,000. Nordea Investment Management AB grew its stake in shares of Seagate Technology by 18.0% during the 2nd quarter. Nordea Investment Management AB now owns 18,422 shares of the data storage provider’s stock valued at $2,632,000 after purchasing an additional 2,808 shares during the period. Finally, Central Asset Investments & Management Holdings HK Ltd grew its stake in shares of Seagate Technology by 185.8% during the 2nd quarter. Central Asset Investments & Management Holdings HK Ltd now owns 18,734 shares of the data storage provider’s stock valued at $2,704,000 after purchasing an additional 12,178 shares during the period. 92.87% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Seagate Technology

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

• Positive Sentiment: Big analyst price‑target increases: Cantor Fitzgerald raised its target substantially to $650 and kept an overweight rating, signaling sizable upside from current levels. Cantor Fitzgerald $650 PT
• Positive Sentiment: BNP Paribas Exane also lifted its target to $530 and moved to an outperform/strong‑buy view, reinforcing the bullish analyst narrative that AI storage demand supports a valuation rerating. BNP Paribas PT $530
• Neutral Sentiment: Momentum and earnings coverage: Zacks and other outlets highlight STX as a momentum/AI‑tailwind name and flag it as a candidate to beat estimates — media attention can amplify flows but is secondary to guidance and macro/regulatory developments. Zacks earnings radar
• Negative Sentiment: Insider selling has spiked: CEO William Mosley sold 20,000 shares (~$8.6M) and other executives/directors have sold recently — which investors often read as a short‑term negative signal. SEC filings are available. CEO Form 4
• Negative Sentiment: Regulatory/valuation concern driving selling pressure: Coverage (Forbes, Yahoo) links recent intraday weakness to renewed worries about AI chip export restrictions to China and the optics of high‑profile insider sales, prompting investors to trim positions. Forbes: How Low Can STX Go? Yahoo: CEO share sale

Seagate Technology Stock Performance

NASDAQ:STX opened at $405.45 on Friday. The business’s fifty day moving average is $317.49 and its 200 day moving average is $246.12. The firm has a market cap of $88.42 billion, a price-to-earnings ratio of 45.87, a PEG ratio of 0.94 and a beta of 1.62. The company has a debt-to-equity ratio of 7.63, a quick ratio of 0.72 and a current ratio of 1.12. Seagate Technology has a 52-week low of $63.19 and a 52-week high of $459.41.

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

Seagate Technology Announces Dividend

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

About Seagate Technology

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.