790 Shares in Seagate Technology Holdings PLC $STX Acquired by AIFG Consultants Ltd.

AIFG Consultants Ltd. purchased a new position in shares of Seagate Technology Holdings PLC (NASDAQ:STX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 790 shares of the data storage provider’s stock, valued at approximately $218,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Seagate Technology by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 28,140,287 shares of the data storage provider’s stock valued at $6,642,796,000 after purchasing an additional 442,749 shares during the last quarter. State Street Corp boosted its stake in shares of Seagate Technology by 3.1% in the third quarter. State Street Corp now owns 9,276,278 shares of the data storage provider’s stock valued at $2,196,420,000 after buying an additional 274,913 shares in the last quarter. WCM Investment Management LLC purchased a new stake in Seagate Technology during the third quarter worth $1,187,621,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Seagate Technology by 1,072.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,949,512 shares of the data storage provider’s stock worth $696,262,000 after acquiring an additional 2,697,957 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Seagate Technology by 1,510.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,008,516 shares of the data storage provider’s stock worth $553,125,000 after acquiring an additional 1,883,769 shares during the last quarter. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on STX. Wall Street Zen upgraded Seagate Technology from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Sanford C. Bernstein increased their price target on Seagate Technology from $620.00 to $1,000.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. KeyCorp set a $500.00 price objective on Seagate Technology in a research note on Wednesday, January 28th. Barclays upped their price objective on Seagate Technology from $625.00 to $750.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company increased their price target on Seagate Technology from $450.00 to $700.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Seagate Technology has an average rating of “Moderate Buy” and an average target price of $719.54.

More Seagate Technology News

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

• Positive Sentiment: Evercore raised its price target on Seagate Technology from $750 to $1,000 and reiterated an outperform rating, signaling confidence in further upside from current levels.
• Positive Sentiment: BofA Securities lifted its price target to $840 from $700 and kept a Buy rating after Seagate delivered strong fiscal third-quarter 2026 results, reinforcing optimism around earnings and demand. Seagate Technology Holdings Plc (STX) Poised for Robust Growth as a Top Tech Stock in Louis Navellier’s Portfolio
• Positive Sentiment: Market commentary notes Seagate has been one of the standout tech performers in 2026, with the stock hitting all-time highs amid a multi-quarter earnings inflection and strong sector appetite for memory-related names. Seagate Technology (STX) At Its All-Time High Following A Multi-Quarter Earnings Inflection
• Neutral Sentiment: Reports showing increased attention on memory-focused funds, such as the Roundhill Memory ETF, support broader investor enthusiasm for the storage and memory cycle, which may be helping sentiment toward Seagate.
• Negative Sentiment: There was a reported increase in short interest, but the filing data appears inconsistent and showed zero shares outstanding, so this looks unlikely to be a meaningful bearish catalyst.

Insider Buying and Selling at Seagate Technology

In related news, Director Stephanie Tilenius sold 1,580 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $766.61, for a total transaction of $1,211,243.80. Following the completion of the sale, the director directly owned 10,664 shares in the company, valued at approximately $8,175,129.04. This trade represents a 12.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John Christopher Morris sold 5,626 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $738.37, for a total value of $4,154,069.62. Following the sale, the executive vice president owned 11,954 shares of the company’s stock, valued at approximately $8,826,474.98. This represents a 32.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 102,723 shares of company stock valued at $53,301,684 in the last quarter. Corporate insiders own 0.79% of the company’s stock.

Seagate Technology Stock Performance

Shares of NASDAQ STX opened at $808.79 on Wednesday. The stock has a market capitalization of $181.35 billion, a price-to-earnings ratio of 76.74 and a beta of 1.98. The stock’s fifty day simple moving average is $500.14 and its 200 day simple moving average is $382.23. The company has a quick ratio of 0.85, a current ratio of 1.33 and a debt-to-equity ratio of 3.16. Seagate Technology Holdings PLC has a 52-week low of $101.55 and a 52-week high of $841.31.

Seagate Technology (NASDAQ:STX) last issued its earnings results on Tuesday, April 28th. The data storage provider reported $4.10 EPS for the quarter, topping the consensus estimate of $3.51 by $0.59. The business had revenue of $3.11 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Seagate Technology had a return on equity of 1,005.65% and a net margin of 21.60%.Seagate Technology’s revenue was up 44.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.90 earnings per share. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. As a group, sell-side analysts forecast that Seagate Technology Holdings PLC will post 14.1 earnings per share for the current fiscal year.

Seagate Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 24th will be issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Wednesday, June 24th. Seagate Technology’s dividend payout ratio (DPR) is currently 28.08%.

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.