Seagate Technology Holdings PLC $STX Stock Holdings Increased by NFSG Corp

NFSG Corp raised its holdings in Seagate Technology Holdings PLC (NASDAQ:STX) by 58,328.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,090 shares of the data storage provider’s stock after acquiring an additional 4,083 shares during the quarter. NFSG Corp’s holdings in Seagate Technology were worth $3,772,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in STX. V Square Quantitative Management LLC lifted its stake in shares of Seagate Technology by 4.3% in the 3rd quarter. V Square Quantitative Management LLC now owns 4,069 shares of the data storage provider’s stock valued at $3,753,000 after purchasing an additional 169 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in Seagate Technology by 54.2% in the third quarter. AdvisorNet Financial Inc now owns 3,319 shares of the data storage provider’s stock worth $3,061,000 after purchasing an additional 1,166 shares in the last quarter. Community Financial Services Group LLC boosted its holdings in Seagate Technology by 11,515.7% in the third quarter. Community Financial Services Group LLC now owns 5,924 shares of the data storage provider’s stock worth $5,602,000 after purchasing an additional 5,873 shares in the last quarter. Saxony Capital Management LLC increased its position in Seagate Technology by 338.3% during the third quarter. Saxony Capital Management LLC now owns 1,955 shares of the data storage provider’s stock worth $1,803,000 after buying an additional 1,509 shares during the last quarter. Finally, Triasima Portfolio Management inc. acquired a new position in Seagate Technology during the third quarter worth $3,146,000. 92.87% of the stock is owned by institutional investors.

Seagate Technology Price Performance

Shares of Seagate Technology stock opened at $690.81 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.17 and a debt-to-equity ratio of 1.56. The firm has a fifty day simple moving average of $845.85 and a 200-day simple moving average of $802.60. The stock has a market capitalization of $157.08 billion, a price-to-earnings ratio of 49.77 and a beta of 2.06. Seagate Technology Holdings PLC has a 1-year low of $209.00 and a 1-year high of $1,145.00.

Seagate Technology (NASDAQ:STX) last posted its earnings results on Tuesday, July 28th. The data storage provider reported $5.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.10 by $0.61. The business had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.50 billion. Seagate Technology had a net margin of 26.11% and a return on equity of 369.98%. Seagate Technology’s revenue was up 48.5% compared to the same quarter last year. During the same period last year, the business posted $2.59 EPS. Seagate Technology has set its Q1 2027 guidance at 7.100-7.500 EPS. On average, sell-side analysts expect that Seagate Technology Holdings PLC will post 35.70 earnings per share for the current year.

Seagate Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Thursday, September 24th. Seagate Technology’s dividend payout ratio is 21.33%.

Trending Headlines about Seagate Technology

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

• Positive Sentiment: Seagate’s 44TB Mozaic 4 hard drives could support further gross-margin expansion. Higher storage density, improving production efficiency and strong cloud-provider demand may increase profitability as data-center storage needs grow. Can Seagate’s 44TB Mozaic 4 Drives Lift Gross Margins Further?
• Positive Sentiment: Analysts see a potentially long runway from surging data-storage demand tied to artificial intelligence and cloud computing. Seagate’s recent results, including strong sales growth, expanded operating margins and higher free cash flow, contrast with the sector’s recent share-price weakness. Seagate Could Have a Long Runway as Data Storage Demand Explodes
• Positive Sentiment: Seagate’s HAMR-based, high-capacity drives—including currently available 44TB products and a longer-term 100TB roadmap—could help data centers store more information with fewer drives and lower operating costs. This supports a cautious bullish view of the stock. Seagate’s Improving Earnings Support a Cautious Upside
• Neutral Sentiment: Seagate-specific coverage is focused on valuation and supply-chain concerns rather than a new earnings announcement. Investors are weighing the company’s strong operating outlook against elevated valuation risk and volatility.
• Negative Sentiment: A continuing technology and AI-stock sell-off is pressuring memory and storage shares. Broader concerns about competition, including potential Chinese supply, and a rival’s recent move have weakened sentiment across the hard-drive sector. AI Trade Takes Another Hit Thursday as Tech Sell-Off Continues

Analyst Ratings Changes

A number of brokerages have weighed in on STX. Weiss Ratings cut Seagate Technology from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 2nd. Wedbush upped their price target on Seagate Technology from $825.00 to $1,000.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Argus increased their price objective on Seagate Technology from $750.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, July 30th. TD Cowen increased their price objective on Seagate Technology from $850.00 to $1,000.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, Fox Advisors downgraded Seagate Technology from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 22nd. Twenty-two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $986.00.

Insider Activity

In other news, EVP John Morris sold 9,354 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $877.91, for a total value of $8,211,970.14. Following the sale, the executive vice president directly owned 22,693 shares of the company’s stock, valued at approximately $19,922,411.63. This trade represents a 29.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William D. Mosley sold 11,002 shares of Seagate Technology stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $935.60, for a total value of $10,293,471.20. Following the completion of the transaction, the chief executive officer owned 362,108 shares in the company, valued at $338,788,244.80. The trade was a 2.95% 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 have sold 466,959 shares of company stock valued at $378,840,741 over the last three months. 0.51% of the stock is currently owned by insiders.

Seagate Technology Company Profile

Seagate Technology Holdings plc is a data storage technology company that designs, manufactures and supplies solutions for storing, managing and accessing digital information. Its product portfolio is centered on hard disk drives (HDDs), including high-capacity drives used in cloud data centers, enterprise environments, surveillance systems, network-attached storage and personal computing.

The company also offers solid-state drives (SSDs), storage systems, external storage products and related services.