Seagate Technology Holdings PLC $STX Shares Sold by Kwmg LLC

Kwmg LLC trimmed its position in Seagate Technology Holdings PLC (NASDAQ:STX) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,930 shares of the data storage provider’s stock after selling 9,194 shares during the quarter. Seagate Technology comprises 1.3% of Kwmg LLC’s investment portfolio, making the stock its 26th biggest position. Kwmg LLC’s holdings in Seagate Technology were worth $14,576,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in STX. National Pension Service lifted its stake in shares of Seagate Technology by 28.0% in the 3rd quarter. National Pension Service now owns 250,121 shares of the data storage provider’s stock valued at $59,044,000 after purchasing an additional 54,722 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. acquired a new position in Seagate Technology in the third quarter valued at about $1,864,000. Keystone Investors PTE Ltd. lifted its position in Seagate Technology by 55.7% in the third quarter. Keystone Investors PTE Ltd. now owns 50,321 shares of the data storage provider’s stock valued at $11,879,000 after buying an additional 18,000 shares during the last quarter. Estate Counselors LLC purchased a new position in Seagate Technology during the third quarter worth about $2,557,000. Finally, Vision Financial Markets LLC increased its position in shares of Seagate Technology by 341.7% during the third quarter. Vision Financial Markets LLC now owns 5,300 shares of the data storage provider’s stock valued at $1,251,000 after acquiring an additional 4,100 shares during the last quarter. Institutional investors and hedge funds own 92.87% of the company’s stock.

Seagate Technology Stock Performance

NASDAQ:STX opened at $423.12 on Thursday. Seagate Technology Holdings PLC has a 52 week low of $63.19 and a 52 week high of $459.84. The company has a fifty day simple moving average of $401.01 and a two-hundred day simple moving average of $311.55. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 7.63. The company has a market cap of $92.27 billion, a price-to-earnings ratio of 47.86, a price-to-earnings-growth ratio of 0.87 and a beta of 1.61.

Seagate Technology (NASDAQ:STX) last announced its quarterly earnings data on Tuesday, January 27th. The data storage provider reported $3.11 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.73 billion. During the same period last year, the firm earned $2.03 earnings per share. The company’s revenue for the quarter 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 earnings per share for the current fiscal year.

Seagate Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 25th will be issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, March 25th. Seagate Technology’s payout ratio is 33.48%.

Insider Buying and Selling

In other news, EVP James Ci Lee sold 673 shares of the firm’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $348.85, for a total value of $234,776.05. Following the sale, the executive vice president directly owned 257 shares in the company, valued at approximately $89,654.45. This trade represents a 72.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO William D. Mosley sold 24,584 shares of Seagate Technology stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $406.77, for a total transaction of $10,000,033.68. Following the sale, the chief executive officer directly owned 375,591 shares of the company’s stock, valued at approximately $152,779,151.07. This trade represents a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 113,635 shares of company stock worth $44,430,443. Corporate insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on STX. Wedbush upped their price objective on shares of Seagate Technology from $290.00 to $380.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Susquehanna raised Seagate Technology from a “negative” rating to a “neutral” rating and boosted their target price for the company from $150.00 to $280.00 in a research report on Friday, January 16th. Sanford C. Bernstein raised their price target on Seagate Technology from $500.00 to $620.00 and gave the stock an “outperform” rating in a research report on Tuesday. Benchmark lifted their price objective on Seagate Technology from $255.00 to $325.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Finally, KeyCorp set a $500.00 price objective on Seagate Technology in a report on Wednesday, January 28th. Nineteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $461.00.

Key Stories Impacting Seagate Technology

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

• Positive Sentiment: Sanford C. Bernstein raised its price target sharply to $620 and kept an Outperform rating, highlighting confidence in Seagate’s long-term demand and framing recent weakness as a buying opportunity. Bernstein $620 Target
• Positive Sentiment: JPMorgan initiated coverage with an Overweight (market-available reports indicate an upbeat stance), adding institutional analyst support that can lift sentiment and flows into the stock. JPMorgan Initiates Coverage
• Positive Sentiment: Recent quarterly results beat estimates (EPS and revenue) and management set solid next-quarter EPS guidance, which underpins the rally and the bullish analyst takes. Earnings & Analysis
• Neutral Sentiment: Several bullish commentaries argue the recent pullback is a buying opportunity; these are outlook/opinion pieces that can influence retail sentiment but are not new fundamentals. Opportunity Thesis
• Neutral Sentiment: MarketWatch and other outlets note Seagate outperformed peers on a strong trading day — useful for momentum traders but more descriptive than catalytic. Trading Day Report
• Negative Sentiment: Zacks downgraded STX from “strong-buy” to “hold,” which could temper momentum from recent upgrades and make some investors cautious. Zacks Downgrade
• Negative Sentiment: Analysts and commentaries flagged valuation concerns after the run-up — several pieces argue the stock is pricey versus the story, which raises risk for profit-taking. Valuation Skepticism
• Negative Sentiment: Sector-wide volatility—driven by reports of Nvidia design shifts and algorithm/quant trading (TurboQuant) that hit memory/storage names—adds risk of short-term pullbacks independent of Seagate’s fundamentals. Sector Volatility

Seagate Technology Company 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.