Seagate Technology Holdings PLC $STX Stock: Vise Technologies Inc. Raises Position

Vise Technologies Inc. increased its stake in Seagate Technology Holdings PLC (NASDAQ:STX) by 14.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,069 shares of the data storage provider’s stock after buying an additional 1,145 shares during the quarter. Vise Technologies Inc.’s holdings in Seagate Technology were worth $8,365,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Global Assets Advisory LLC raised its stake in shares of Seagate Technology by 8.2% in the third quarter. Global Assets Advisory LLC now owns 302 shares of the data storage provider’s stock valued at $272,000 after acquiring an additional 23 shares during the period. Americana Partners LLC boosted its stake in shares of Seagate Technology by 203.7% during the 3rd quarter. Americana Partners LLC now owns 6,851 shares of the data storage provider’s stock worth $6,319,000 after purchasing an additional 4,595 shares during the period. Aprio Wealth Management LLC boosted its stake in shares of Seagate Technology by 11.2% during the 3rd quarter. Aprio Wealth Management LLC now owns 1,009 shares of the data storage provider’s stock worth $931,000 after purchasing an additional 102 shares during the period. State of Wyoming purchased a new position in shares of Seagate Technology during the 3rd quarter worth about $424,000. Finally, Petros Family Wealth LLC grew its holdings in Seagate Technology by 52.2% during the 3rd quarter. Petros Family Wealth LLC now owns 274 shares of the data storage provider’s stock valued at $161,000 after purchasing an additional 94 shares during the last quarter. 92.87% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Seagate Technology

In other Seagate Technology news, EVP John Morris sold 15,466 shares of the stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $772.15, for a total transaction of $11,942,071.90. Following the transaction, the executive vice president directly owned 31,132 shares of the company’s stock, valued at $24,038,573.80. This trade represents a 33.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Ban Teh sold 52,730 shares of Seagate Technology stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $782.08, for a total transaction of $41,239,078.40. Following the completion of the sale, the executive vice president owned 5,810 shares in the company, valued at approximately $4,543,884.80. This trade represents a 90.08% decrease in their position. 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. Over the last ninety days, insiders have sold 436,644 shares of company stock valued at $353,934,542. Insiders own 0.51% of the company’s stock.

Key Seagate Technology News

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

• Positive Sentiment: Seagate reported fiscal Q1 2027 revenue of approximately $4.23 billion, up 61% year over year, and non-GAAP EPS of $7.68, exceeding the $7.44 consensus estimate. Record free cash flow of roughly $1.5 billion, stronger pricing and robust mass-capacity demand support the company’s AI and cloud-storage growth outlook. Seagate Q1 Earnings Ride Record Cash Flow and AI Demand
• Positive Sentiment: Analysts continue to highlight Seagate’s exposure to expanding data-center capacity needs. Some commentary favors STX over Western Digital because of its higher return on equity, lower forward valuation and record cash generation. Western Digital vs. Seagate
• Positive Sentiment: Seagate announced a dividend increase, adding to its appeal for income-oriented investors during market volatility and ongoing inflation and interest-rate uncertainty. Stocks That Declared Dividend Hikes
• Positive Sentiment: Wedbush maintained an “Outperform” rating, while Morgan Stanley reportedly reduced its target but still sees substantial potential upside, indicating that some analysts view the pullback as an opportunity. Wedbush Outperform Rating
• Neutral Sentiment: The earnings response has been muted because elevated expectations appear to have been largely priced into STX after its substantial prior run. Investors are weighing excellent results against valuation, future growth assumptions and the sustainability of AI-driven demand. Post-Earnings Pullback
• Negative Sentiment: Seagate is declining alongside Sandisk, Western Digital and Micron in a broader semiconductor and memory-stock selloff, suggesting sector-wide profit-taking is outweighing the company’s earnings beat. Storage and Memory Stocks Sell Off
• Negative Sentiment: TD Cowen, Morgan Stanley, Citigroup, Susquehanna and Wells Fargo lowered their price targets or forecasts. Summit Insights also downgraded the stock, creating near-term pressure even though several firms remain constructive. TD Cowen Cuts Seagate Price Target

Seagate Technology Price Performance

Shares of Seagate Technology stock opened at $644.58 on Monday. The company has a quick ratio of 1.25, a current ratio of 1.82 and a debt-to-equity ratio of 0.68. Seagate Technology Holdings PLC has a twelve month low of $228.61 and a twelve month high of $1,145.00. The business has a 50-day moving average price of $799.09 and a 200 day moving average price of $688.41. The firm has a market cap of $146.57 billion, a PE ratio of 33.85 and a beta of 2.06.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings results on Tuesday, October 27th. The data storage provider reported $7.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.44 by $0.24. The company had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.15 billion. Seagate Technology had a return on equity of 252.47% and a net margin of 31.86%. Seagate Technology’s revenue for the quarter was up 61.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.61 earnings per share. Sell-side analysts predict that Seagate Technology Holdings PLC will post 37.44 earnings per share for the current fiscal year.

Seagate Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Wednesday, December 23rd will be given a dividend of $0.76 per share. This is a positive change from Seagate Technology’s previous quarterly dividend of $0.74. The ex-dividend date is Wednesday, December 23rd. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.5%. Seagate Technology’s payout ratio is 15.97%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on STX shares. Wells Fargo & Company reduced their price objective on shares of Seagate Technology from $865.00 to $820.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 28th. Wall Street Zen upgraded Seagate Technology from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 26th. Citigroup dropped their target price on shares of Seagate Technology from $1,300.00 to $1,050.00 and set a “buy” rating on the stock in a research report on Wednesday, October 28th. TD Cowen cut their price target on shares of Seagate Technology from $1,000.00 to $900.00 and set a “buy” rating on the stock in a research note on Wednesday, October 28th. Finally, Evercore restated an “outperform” rating on shares of Seagate Technology in a research note on Wednesday. Twenty-three analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,000.88.

Seagate Technology Company Profile

Seagate Technology Holdings plc (NASDAQ: STX) is a data storage company that develops and manufactures mass-capacity storage products and solutions. Its portfolio is centered on hard disk drives (HDDs) used in cloud data centers, enterprise systems, network-attached storage, video and imaging applications, and personal computers.

The company also provides storage-related services and solutions designed to help organizations store, manage, protect, and access large volumes of digital information.