1,851 Shares in Seagate Technology Holdings PLC $STX Acquired by Net Worth Advisory Group

Net Worth Advisory Group acquired a new stake in shares of Seagate Technology Holdings PLC (NASDAQ:STX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,851 shares of the data storage provider’s stock, valued at approximately $510,000.

Other large investors have also recently bought and sold shares of the company. Sovereign Financial Group Inc. boosted its position in shares of Seagate Technology by 3.2% during the fourth quarter. Sovereign Financial Group Inc. now owns 1,063 shares of the data storage provider’s stock worth $293,000 after purchasing an additional 33 shares in the last quarter. West Family Investments Inc. grew its holdings in shares of Seagate Technology by 2.7% in the 3rd quarter. West Family Investments Inc. now owns 1,428 shares of the data storage provider’s stock valued at $337,000 after buying an additional 37 shares during the period. Capital Investment Advisors LLC increased its position in shares of Seagate Technology by 1.9% in the 4th quarter. Capital Investment Advisors LLC now owns 1,950 shares of the data storage provider’s stock valued at $537,000 after buying an additional 37 shares in the last quarter. United Community Bank raised its stake in Seagate Technology by 35.2% during the 3rd quarter. United Community Bank now owns 169 shares of the data storage provider’s stock worth $40,000 after buying an additional 44 shares during the period. Finally, Physician Wealth Advisors Inc. raised its stake in Seagate Technology by 43.7% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 148 shares of the data storage provider’s stock worth $35,000 after buying an additional 45 shares during the period. Institutional investors own 92.87% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on STX shares. Cantor Fitzgerald boosted their target price on Seagate Technology from $500.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. UBS Group raised their price target on Seagate Technology from $385.00 to $440.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Barclays lifted their price objective on Seagate Technology from $370.00 to $425.00 and gave the company an “equal weight” rating in a report on Wednesday, January 28th. Jefferies Financial Group reiterated a “hold” rating on shares of Seagate Technology in a research report on Wednesday, February 4th. Finally, Robert W. Baird increased their target price on Seagate Technology from $270.00 to $505.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $447.35.

Key Stories Impacting Seagate Technology

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

• Positive Sentiment: Zacks highlights Seagate as a “strong growth stock,” pointing to its growth scores and investor-friendly metrics that support a growth-oriented thesis for STX. Here’s Why Seagate (STX) is a Strong Growth Stock
• Positive Sentiment: MarketBeat flags Seagate among the most upgraded stocks in 2026, signaling rising analyst optimism which can support upward price momentum and investor interest. Analyst Optimism: MarketBeat’s Most Upgraded Stocks of 2026
• Positive Sentiment: Seagate joined the AR Alliance (SPIE), expanding partnerships across optics/AR suppliers — a strategic tie that could open new enterprise and edge storage opportunities over time. Twelve New Member Companies join the AR Alliance
• Neutral Sentiment: Comparative research pieces (Zacks/Yahoo) weigh Seagate against IBM for enterprise storage exposure — they underline different plays on the AI/data boom (Seagate: HAMR, cash flow; IBM: hybrid cloud/AI platform). This frames STX as a hardware/capacity play versus platform peers. Seagate vs. IBM: Which Enterprise Storage Stock is the Better Bet? Seagate vs. IBM (Zacks)
• Negative Sentiment: Alphabet’s new TurboQuant and related research prompted concerns that models will need less memory, triggering sector selling (Micron and peers) and briefly pressuring STX. Coverage notes an immediate negative read-through for storage/memory demand assumptions. Did Alphabet Just End the AI Memory Boom?
• Negative Sentiment: News pieces report an afternoon slide in STX shares after Google’s TurboQuant disclosure, and broader sell-side/commentary warns macro/interest‑rate pressures continue to weigh on hardware names. These dynamics increase short-term volatility risk. Why Seagate (STX) Shares Are Sliding Today SNDK, WDC and STX Forecasts – FXEmpire

Seagate Technology Stock Performance

STX opened at $380.07 on Friday. The company has a market capitalization of $82.88 billion, a price-to-earnings ratio of 42.99, a P/E/G ratio of 0.85 and a beta of 1.61. The business’s 50-day moving average price is $397.40 and its two-hundred day moving average price is $307.41. Seagate Technology Holdings PLC has a 1 year low of $63.19 and a 1 year high of $459.84. The company has a debt-to-equity ratio of 7.63, a current ratio of 1.12 and a quick ratio of 0.72.

Seagate Technology (NASDAQ:STX) last posted its quarterly earnings data on Tuesday, January 27th. The data storage provider reported $3.11 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.34. Seagate Technology had a negative return on equity of 936.38% and a net margin of 19.59%.The company had revenue of $2.83 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the prior year, the firm earned $2.03 earnings per share. Seagate Technology’s revenue for the quarter was up 21.5% compared to the same quarter last year. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. Equities analysts expect that Seagate Technology Holdings PLC will post 6.83 EPS for the current fiscal year.

Seagate Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 25th will be paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, March 25th. Seagate Technology’s dividend payout ratio (DPR) is currently 33.48%.

Insider Buying and Selling

In other news, EVP Ban Seng Teh sold 20,195 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $442.29, for a total value of $8,932,046.55. Following the sale, the executive vice president owned 3,092 shares of the company’s stock, valued at $1,367,560.68. The trade was a 86.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Kian Fatt Chong sold 5,846 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $416.48, for a total transaction of $2,434,742.08. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 113,635 shares of company stock valued at $44,430,443 over the last ninety days. Insiders own 0.79% of the company’s stock.

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.