Donalies Financial Planning LLC Buys Shares of 822 Seagate Technology Holdings PLC $STX

Donalies Financial Planning LLC bought a new stake in Seagate Technology Holdings PLC (NASDAQ:STX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 822 shares of the data storage provider’s stock, valued at approximately $226,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Gateway Investment Advisers LLC raised its position in Seagate Technology by 1.8% in the fourth quarter. Gateway Investment Advisers LLC now owns 1,399 shares of the data storage provider’s stock valued at $385,000 after purchasing an additional 25 shares during the period. Trajan Wealth LLC raised its position in Seagate Technology by 1.9% in the fourth quarter. Trajan Wealth LLC now owns 1,325 shares of the data storage provider’s stock valued at $365,000 after purchasing an additional 25 shares during the period. Fortis Capital Management LLC raised its position in Seagate Technology by 1.1% in the fourth quarter. Fortis Capital Management LLC now owns 2,557 shares of the data storage provider’s stock valued at $704,000 after purchasing an additional 27 shares during the period. EWA LLC raised its position in Seagate Technology by 2.1% in the fourth quarter. EWA LLC now owns 1,370 shares of the data storage provider’s stock valued at $377,000 after purchasing an additional 28 shares during the period. Finally, Icon Wealth Advisors LLC raised its position in Seagate Technology by 2.7% in the fourth quarter. Icon Wealth Advisors LLC now owns 1,060 shares of the data storage provider’s stock valued at $292,000 after purchasing an additional 28 shares during the period. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Insider Activity at Seagate Technology

In other news, CEO William D. Mosley sold 1,768 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $880.19, for a total value of $1,556,175.92. Following the transaction, the chief executive officer owned 327,517 shares in the company, valued at approximately $288,277,188.23. This represents a 0.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Gianluca Romano sold 903 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $880.19, for a total value of $794,811.57. Following the completion of the transaction, the chief financial officer owned 42,860 shares in the company, valued at approximately $37,724,943.40. The trade was a 2.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 165,653 shares of company stock worth $117,161,746 over the last quarter. 0.79% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on STX. TD Cowen boosted their price objective on Seagate Technology from $500.00 to $850.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Morgan Stanley boosted their price objective on Seagate Technology from $767.00 to $1,035.00 and gave the company an “overweight” rating in a report on Monday. Wall Street Zen upgraded Seagate Technology from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Seagate Technology in a report on Friday, March 27th. Finally, The Goldman Sachs Group boosted their price objective on Seagate Technology from $385.00 to $700.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $831.79.

Seagate Technology Price Performance

Shares of NASDAQ STX opened at $1,031.34 on Wednesday. The stock’s 50-day moving average is $733.37 and its two-hundred day moving average is $488.05. The company has a debt-to-equity ratio of 3.16, a current ratio of 1.33 and a quick ratio of 0.85. Seagate Technology Holdings PLC has a 1-year low of $130.00 and a 1-year high of $1,097.00. The company has a market cap of $231.26 billion, a price-to-earnings ratio of 97.85 and a beta of 2.04.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings results on Tuesday, April 28th. The data storage provider reported $4.10 earnings per share for the quarter, topping the consensus estimate of $3.51 by $0.59. Seagate Technology had a return on equity of 1,005.65% and a net margin of 21.60%.The company had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the prior year, the business earned $1.90 EPS. Seagate Technology’s revenue was up 44.1% on a year-over-year basis. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. Analysts forecast that Seagate Technology Holdings PLC will post 14.14 EPS for the current fiscal year.

Seagate Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 24th will be issued a dividend of $0.74 per share. The ex-dividend date is Wednesday, June 24th. This represents a $2.96 annualized dividend and a yield of 0.3%. Seagate Technology’s dividend payout ratio is 28.08%.

Key Seagate Technology News

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

• Positive Sentiment: Morgan Stanley raised its price target on Seagate Technology (STX) to $1,035 and reiterated an Overweight rating, citing stronger HDD pricing and prolonged supply shortages. Benzinga reference
• Positive Sentiment: Investor enthusiasm remains high for AI-driven storage demand, with Seagate viewed as a major beneficiary of data-center spending and tightening memory supply. Yahoo Finance reference
• Positive Sentiment: Broader gains in tech and memory stocks, plus reduced geopolitical stress after the U.S.-Iran ceasefire, have improved sentiment for Seagate and its peers. Yahoo Finance reference
• Neutral Sentiment: Several Seagate executives disclosed insider sales, including the CEO and CFO, but the transactions were relatively routine and some were made under Rule 10b5-1 plans.

About Seagate Technology

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.