Seagate Technology Holdings PLC $STX Shares Acquired by Vision Financial Markets LLC

Vision Financial Markets LLC boosted its holdings in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 341.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,300 shares of the data storage provider’s stock after acquiring an additional 4,100 shares during the period. Seagate Technology accounts for approximately 1.1% of Vision Financial Markets LLC’s investment portfolio, making the stock its 19th biggest position. Vision Financial Markets LLC’s holdings in Seagate Technology were worth $1,251,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Integrated Wealth Concepts LLC boosted its stake in Seagate Technology by 168.0% during the first quarter. Integrated Wealth Concepts LLC now owns 7,177 shares of the data storage provider’s stock worth $610,000 after buying an additional 4,499 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Seagate Technology in the second quarter valued at about $262,000. US Bancorp DE grew its holdings in shares of Seagate Technology by 8.8% in the second quarter. US Bancorp DE now owns 22,988 shares of the data storage provider’s stock valued at $3,318,000 after purchasing an additional 1,850 shares during the period. Blair William & Co. IL raised its stake in Seagate Technology by 33.5% during the second quarter. Blair William & Co. IL now owns 3,786 shares of the data storage provider’s stock worth $546,000 after purchasing an additional 951 shares during the period. Finally, Callan Family Office LLC acquired a new position in Seagate Technology in the 2nd quarter valued at about $208,000. 92.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Loop Capital upped their price objective on Seagate Technology from $465.00 to $700.00 and gave the company a “buy” rating in a report on Monday. Benchmark upped their price target on Seagate Technology from $255.00 to $325.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Evercore raised their price objective on Seagate Technology from $330.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Zacks Research lowered shares of Seagate Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Finally, Citigroup increased their target price on shares of Seagate Technology from $460.00 to $480.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Eighteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $444.09.

Insider Buying and Selling at Seagate Technology

In other Seagate Technology news, Director Yolanda Lee Conyers sold 750 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $272.91, for a total transaction of $204,682.50. Following the completion of the transaction, the director owned 5,601 shares in the company, valued at approximately $1,528,568.91. This represents a 11.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William D. Mosley sold 20,000 shares of Seagate Technology stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.27, for a total transaction of $8,585,400.00. Following the completion of the sale, the chief executive officer directly owned 410,056 shares in the company, valued at approximately $176,024,739.12. The trade was a 4.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 83,955 shares of company stock valued at $29,925,749. Corporate insiders own 0.79% of the company’s stock.

Seagate Technology Price Performance

STX stock opened at $396.23 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 7.63. The company has a market capitalization of $86.41 billion, a P/E ratio of 44.82, a PEG ratio of 0.95 and a beta of 1.62. The business has a 50 day simple moving average of $326.23 and a 200-day simple moving average of $253.10. Seagate Technology Holdings PLC has a twelve month low of $63.19 and a twelve month high of $459.41.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings results on Tuesday, January 27th. The data storage provider reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.83 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same quarter in the prior year, the business earned $2.03 EPS. Seagate Technology’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. As a group, equities analysts anticipate that Seagate Technology Holdings PLC 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. Stockholders of record on Wednesday, March 25th will be issued a $0.74 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.7%. Seagate Technology’s payout ratio is presently 33.48%.

Seagate Technology 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.