Blair William & Co. IL Grows Holdings in Seagate Technology Holdings PLC $STX

Blair William & Co. IL grew its holdings in Seagate Technology Holdings PLC (NASDAQ:STX) by 33.5% during the second quarter, HoldingsChannel.com reports. The firm owned 3,786 shares of the data storage provider’s stock after acquiring an additional 951 shares during the quarter. Blair William & Co. IL’s holdings in Seagate Technology were worth $546,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wayfinding Financial LLC purchased a new stake in Seagate Technology in the first quarter worth $31,000. Bruce G. Allen Investments LLC increased its stake in Seagate Technology by 28.1% in the second quarter. Bruce G. Allen Investments LLC now owns 419 shares of the data storage provider’s stock worth $60,000 after purchasing an additional 92 shares during the period. TD Private Client Wealth LLC increased its stake in Seagate Technology by 30.2% in the second quarter. TD Private Client Wealth LLC now owns 457 shares of the data storage provider’s stock worth $66,000 after purchasing an additional 106 shares during the period. Golden State Wealth Management LLC increased its stake in Seagate Technology by 2,200.0% in the first quarter. Golden State Wealth Management LLC now owns 460 shares of the data storage provider’s stock worth $39,000 after purchasing an additional 440 shares during the period. Finally, Olistico Wealth LLC purchased a new stake in Seagate Technology in the second quarter worth $68,000. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Seagate Technology Stock Performance

Shares of NASDAQ STX opened at $225.40 on Friday. Seagate Technology Holdings PLC has a fifty-two week low of $63.19 and a fifty-two week high of $264.83. The company has a market cap of $48.00 billion, a PE ratio of 33.29, a P/E/G ratio of 1.01 and a beta of 1.63. The business has a 50-day simple moving average of $198.09 and a two-hundred day simple moving average of $145.03.

Seagate Technology (NASDAQ:STX) last released its earnings results on Tuesday, July 29th. The data storage provider reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.14. Seagate Technology had a negative return on equity of 169.60% and a net margin of 16.15%.The firm had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the previous year, the company posted $1.05 earnings per share. The company’s revenue was up 29.5% compared to the same quarter last year. Seagate Technology has set its Q1 2026 guidance at 2.100-2.500 EPS. On average, sell-side analysts predict that Seagate Technology Holdings PLC will post 6.83 earnings per share for the current fiscal year.

Seagate Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Tuesday, September 30th were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.3%. Seagate Technology’s payout ratio is 42.54%.

Analyst Ratings Changes

Several equities analysts have recently commented on STX shares. Barclays raised their price target on Seagate Technology from $180.00 to $200.00 and gave the company an “equal weight” rating in a research note on Thursday, September 11th. Mizuho raised their price target on Seagate Technology from $245.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday. Wells Fargo & Company raised their price target on Seagate Technology from $160.00 to $240.00 and gave the company an “equal weight” rating in a research note on Monday, October 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Seagate Technology in a research note on Wednesday, October 8th. Finally, Sanford C. Bernstein started coverage on Seagate Technology in a research note on Tuesday, September 16th. They set an “outperform” rating and a $250.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Seagate Technology has a consensus rating of “Moderate Buy” and a consensus target price of $229.40.

Insider Activity

In related news, CEO William D. Mosley sold 20,000 shares of Seagate Technology stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $249.90, for a total transaction of $4,998,000.00. Following the completion of the sale, the chief executive officer owned 485,668 shares of the company’s stock, valued at $121,368,433.20. The trade was a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jay L. Geldmacher sold 2,500 shares of Seagate Technology stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $150.50, for a total value of $376,250.00. Following the sale, the director directly owned 352 shares of the company’s stock, valued at $52,976. This trade represents a 87.66% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 75,620 shares of company stock valued at $14,464,056. 0.79% of the stock is owned by insiders.

Seagate Technology Profile

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.