Landscape Capital Management L.L.C. Increases Holdings in Western Digital Corporation $WDC

Posted by Latisha Jones on Mar 13th, 2026

Landscape Capital Management L.L.C. raised its holdings in shares of Western Digital Corporation (NASDAQ:WDC – Free Report) by 65.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,089 shares of the data storage provider’s stock after acquiring an additional 28,078 shares during the quarter. Western Digital makes up 0.5% of Landscape Capital Management L.L.C.’s investment portfolio, making the stock its 29th biggest holding. Landscape Capital Management L.L.C.’s holdings in Western Digital were worth $8,535,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Western Digital by 0.6% in the third quarter. Vanguard Group Inc. now owns 43,282,393 shares of the data storage provider’s stock valued at $5,196,484,000 after purchasing an additional 243,177 shares in the last quarter. Geode Capital Management LLC raised its holdings in Western Digital by 2.0% during the second quarter. Geode Capital Management LLC now owns 9,305,289 shares of the data storage provider’s stock worth $593,045,000 after purchasing an additional 186,030 shares in the last quarter. WCM Investment Management LLC purchased a new stake in shares of Western Digital during the 3rd quarter worth approximately $791,317,000. Holocene Advisors LP boosted its holdings in shares of Western Digital by 8.5% in the 2nd quarter. Holocene Advisors LP now owns 5,535,972 shares of the data storage provider’s stock valued at $354,247,000 after buying an additional 431,419 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Western Digital by 11.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,804,907 shares of the data storage provider’s stock valued at $456,737,000 after buying an additional 402,981 shares in the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

Western Digital Stock Performance

WDC stock traded up $8.46 on Friday, hitting $269.64. The company’s stock had a trading volume of 1,961,786 shares, compared to its average volume of 9,918,915. The stock has a market cap of $91.42 billion, a price-to-earnings ratio of 27.08, a price-to-earnings-growth ratio of 0.62 and a beta of 1.76. The firm has a 50 day moving average of $253.54 and a two-hundred day moving average of $177.10. The company has a current ratio of 1.46, a quick ratio of 1.19 and a debt-to-equity ratio of 0.34. Western Digital Corporation has a 1 year low of $28.83 and a 1 year high of $309.90.

Western Digital (NASDAQ:WDC – Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The data storage provider reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.20. Western Digital had a net margin of 35.52% and a return on equity of 41.53%. The company had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same period last year, the firm posted $1.77 EPS. Western Digital’s revenue for the quarter was up 25.2% on a year-over-year basis. Equities analysts predict that Western Digital Corporation will post 4.89 EPS for the current fiscal year.

Western Digital Dividend Announcement

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

Key Stories Impacting Western Digital

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

Positive Sentiment: Analysts highlight WDC’s outperformance versus the broader Technology sector over the past year and strong forward optimism, supporting investor confidence in further upside. How Is Western Digital’s Stock Performance Compared to Other Technology Stocks?
Positive Sentiment: Jim Cramer named WDC as a buy on pullbacks tied to oil-driven market dips, which can attract retail/institutional dip-buying interest when broader risk events ease. Cramer: Buy Western Digital, Micron, Seagate on oil-driven dips
Positive Sentiment: VDURA announced plans to combine scalable WD Ultrastar hybrid platforms with cloud‑scale AI file architectures — a product/partner development that underpins revenue and AI-storage demand narratives. VDURA to Combine Scalable WD Ultrastar Hybrid Storage Platforms with Cloud-Scale AI File Architecture
Positive Sentiment: Brokerage coverage remains constructive (average recommendation ~Buy); continued analyst backing helps sustain demand for WDC shares. Western Digital (WDC) Is Considered a Good Investment by Brokers: Is That True?
Neutral Sentiment: Industry write-ups and stock‑selection pieces flag WDC among storage winners as cloud, AI and data growth drive demand — supportive context but not new company‑specific catalysts. 3 Storage Devices Stocks to Buy as the Industry Gains Momentum
Neutral Sentiment: Recent coverage notes the stock’s massive one‑year rally (~540%), prompting questions about remaining upside — this frames sentiment but leaves valuation debate open. Western Digital Surges 540% in a Year: Is the Stock Worth Buying?
Negative Sentiment: A Zacks report highlighted a recent sharper-than-market pullback (WDC down intraday/at prior close), signaling short‑term volatility and profit‑taking risk after the big run. Western Digital (WDC) Falls More Steeply Than Broader Market: What Investors Need to Know
Negative Sentiment: An insider (Vidyadhara Gubbi) sold ~8.5k shares — not unusually large for a company of WDC’s size but can be cited by short‑term traders as a reason to trim holdings. Vidyadhara Gubbi Sells 8,518 Shares of Western Digital (NASDAQ:WDC) Stock
Negative Sentiment: Broader market pressure from a jump in oil and risk‑off moves can drag tech and storage stocks, creating day‑to‑day volatility independent of company fundamentals. Dow Jones Futures Fall As Oil Prices Run Past $90; Oracle, Nvidia Lift These AI Names

Insider Buying and Selling

In other Western Digital news, Director Matthew E. Massengill sold 36,926 shares of Western Digital stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $260.43, for a total value of $9,616,638.18. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Cynthia L. Tregillis sold 9,324 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were 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 in the company, 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. Over the last 90 days, insiders have sold 92,795 shares of company stock worth $24,265,884. Insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Susquehanna reiterated a “neutral” rating and set a $285.00 price target on shares of Western Digital in a research note on Friday, February 6th. The Goldman Sachs Group set a $250.00 price objective on shares of Western Digital in a research note on Tuesday, February 3rd. Wall Street Zen lowered Western Digital from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. China Renaissance started coverage on Western Digital in a research report on Friday, December 5th. They set a “buy” rating and a $193.00 target price on the stock. Finally, Truist Financial set a $310.00 target price on Western Digital in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $265.58.

Read Our Latest Report on Western Digital

About Western Digital

(Free Report)

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.