WINTON GROUP Ltd Boosts Stock Holdings in Seagate Technology Holdings PLC $STX

WINTON GROUP Ltd lifted its position in Seagate Technology Holdings PLC (NASDAQ:STX) by 143.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,256 shares of the data storage provider’s stock after acquiring an additional 4,865 shares during the quarter. WINTON GROUP Ltd’s holdings in Seagate Technology were worth $7,967,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in STX. Integrated Wealth Concepts LLC grew its position in Seagate Technology by 168.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 7,177 shares of the data storage provider’s stock worth $610,000 after purchasing an additional 4,499 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Seagate Technology in the second quarter valued at approximately $262,000. Cerity Partners LLC grew its holdings in shares of Seagate Technology by 25.8% in the second quarter. Cerity Partners LLC now owns 36,682 shares of the data storage provider’s stock valued at $5,294,000 after acquiring an additional 7,517 shares in the last quarter. Sei Investments Co. increased its position in shares of Seagate Technology by 64.8% during the second quarter. Sei Investments Co. now owns 8,543 shares of the data storage provider’s stock valued at $1,233,000 after acquiring an additional 3,358 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Seagate Technology by 0.4% during the second quarter. The Manufacturers Life Insurance Company now owns 127,887 shares of the data storage provider’s stock valued at $18,458,000 after acquiring an additional 462 shares during the last quarter. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Insider Buying and Selling at Seagate Technology

In other news, EVP James Lee sold 9,013 shares of Seagate Technology stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $794.84, for a total value of $7,163,892.92. Following the completion of the transaction, the executive vice president owned 347 shares in the company, valued at $275,809.48. This trade represents a 96.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Gianluca Romano sold 14,091 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $811.25, for a total transaction of $11,431,323.75. Following the sale, the chief financial officer owned 21,543 shares in the company, valued at $17,476,758.75. The trade was a 39.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 186,323 shares of company stock worth $157,393,279 over the last three months. Company insiders own 0.79% of the company’s stock.

Seagate Technology News Roundup

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.

Seagate Technology Stock Performance

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

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings results on Tuesday, July 28th. The data storage provider reported $5.71 EPS for the quarter, beating analysts’ consensus estimates of $5.10 by $0.61. The firm had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.50 billion. Seagate Technology had a return on equity of 369.98% and a net margin of 26.11%.The business’s revenue for the quarter was up 48.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.59 EPS. Seagate Technology has set its Q1 2027 guidance at 7.100-7.500 EPS. On average, analysts expect that Seagate Technology Holdings PLC will post 35.7 earnings per share for the current year.

Seagate Technology Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on STX. Wedbush boosted their price objective on Seagate Technology from $825.00 to $1,000.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Bank of America raised their target price on Seagate Technology from $1,000.00 to $1,150.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Barclays lifted their target price on Seagate Technology from $1,000.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Rosenblatt Securities increased their price target on shares of Seagate Technology from $1,300.00 to $1,400.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, China Renaissance raised their price objective on shares of Seagate Technology from $802.00 to $983.00 in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $986.00.

Seagate Technology Profile

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.