WINTON GROUP Ltd Has $7.97 Million Stock Position in Seagate Technology Holdings PLC $STX

WINTON GROUP Ltd raised its holdings in Seagate Technology Holdings PLC (NASDAQ:STX) by 143.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,256 shares of the data storage provider’s stock after purchasing an additional 4,865 shares during the quarter. WINTON GROUP Ltd’s holdings in Seagate Technology were worth $7,967,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of STX. Rakuten Securities Inc. boosted its stake in Seagate Technology by 884.2% in the second quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock valued at $27,000 after buying an additional 168 shares in the last quarter. Retirement Wealth Solutions LLC lifted its stake in Seagate Technology by 70.6% in the 2nd quarter. Retirement Wealth Solutions LLC now owns 29 shares of the data storage provider’s stock valued at $28,000 after purchasing an additional 12 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Seagate Technology by 23.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 80 shares of the data storage provider’s stock worth $31,000 after buying an additional 15 shares in the last quarter. Quarry LP bought a new stake in Seagate Technology during the 4th quarter worth $31,000. Finally, WealthCollab LLC grew its position in Seagate Technology by 27.4% during the 1st quarter. WealthCollab LLC now owns 93 shares of the data storage provider’s stock worth $36,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 92.87% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on STX. Barclays raised their price objective on shares of Seagate Technology from $1,000.00 to $1,250.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Wells Fargo & Company upped their target price on Seagate Technology from $1,100.00 to $1,180.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. TD Cowen boosted their price target on shares of Seagate Technology from $850.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Cantor Fitzgerald reiterated an “overweight” rating and set a $1,300.00 price target on shares of Seagate Technology in a report on Wednesday, July 29th. Finally, Rosenblatt Securities raised their target price on Seagate Technology from $1,300.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $986.00.

Seagate Technology Stock Down 2.0%

Shares of NASDAQ:STX opened at $885.92 on Thursday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.17 and a current ratio of 1.67. Seagate Technology Holdings PLC has a 52-week low of $189.90 and a 52-week high of $1,145.00. The business’s 50 day simple moving average is $847.74 and its two-hundred day simple moving average is $721.54. The firm has a market cap of $200.79 billion, a P/E ratio of 63.83 and a beta of 2.06.

Seagate Technology (NASDAQ:STX) last released its quarterly earnings data on Tuesday, July 28th. The data storage provider reported $5.71 EPS for the quarter, beating the consensus estimate of $5.10 by $0.61. Seagate Technology had a return on equity of 369.98% and a net margin of 26.11%.The firm had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter in the previous year, the company posted $2.59 earnings per share. The company’s quarterly revenue was up 48.5% on a year-over-year basis. Seagate Technology has set its Q1 2027 guidance at 7.100-7.500 EPS. As a group, research analysts forecast that Seagate Technology Holdings PLC will post 35.7 EPS for the current fiscal year.

Seagate Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Thursday, September 24th will be issued a dividend of $0.74 per share. The ex-dividend date is Thursday, September 24th. This represents a $2.96 annualized dividend and a yield of 0.3%. Seagate Technology’s dividend payout ratio is presently 21.33%.

Insider Buying and Selling at Seagate Technology

In related news, EVP Ban Teh sold 9,862 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $852.97, for a total value of $8,411,990.14. Following the sale, the executive vice president owned 5,210 shares in the company, valued at $4,443,973.70. This represents a 65.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William Mosley sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $816.28, for a total transaction of $24,488,400.00. Following the completion of the transaction, the chief executive officer directly owned 295,168 shares in the company, valued at approximately $240,939,735.04. The trade was a 9.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 186,323 shares of company stock valued at $157,393,279 over the last ninety days. 0.79% of the stock is currently owned by corporate insiders.

Key Stories Impacting Seagate Technology

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

• Positive Sentiment: Seagate’s HAMR technology and Mozaic platform are increasing drive capacity, exabyte shipments and operating efficiency. Rising demand for high-capacity storage from AI data centers supports the company’s growth outlook. Seagate’s HAMR Bet is Paying Off
• Positive Sentiment: Analysts and market commentators continue to see additional upside, citing strong demand visibility and reports that much of Seagate’s expected drive production is already committed. Bull of the Day: Seagate Technology Here’s the One Storage Stock I’d Buy With $2,000
• Positive Sentiment: A recent price-target discussion argues that Seagate could eventually reach $1,000 if its capacity expansion, AI-driven demand and execution remain on track, reinforcing the bullish long-term narrative. Price Prediction: Seagate Stock Will Hit $1000 on This Date
• Neutral Sentiment: Management’s presentation at Citi’s 2026 Global TMT Conference gives investors another opportunity to assess demand, HAMR adoption and the company’s outlook, but the available report does not identify a material new announcement. Citi’s 2026 Global TMT Conference Transcript
• Neutral Sentiment: Seagate completed redemption of its exchangeable notes. The transaction removes the related debt obligation, although the immediate effect on earnings and valuation is not specified. Seagate Completes Redemption of Exchangeable Notes
• Negative Sentiment: STX has already delivered an exceptional one-year gain and trades at a demanding valuation. That makes the shares vulnerable to profit-taking and less-forgiving reactions even while the long-term AI-storage thesis remains intact.

About Seagate Technology

Seagate Technology Holdings plc is a data storage technology company that develops and manufactures mass-capacity storage solutions for businesses and consumers. Its product portfolio is centered on hard disk drives (HDDs), which are used in cloud data centers, enterprise systems, network-attached storage, video and imaging applications, and personal computing.

The company also offers solid-state drives (SSDs), external storage products, storage systems, and related data-management and recovery services.