One Wealth Advisors LLC Acquires 2,126 Shares of Western Digital Corporation $WDC

One Wealth Advisors LLC raised its holdings in shares of Western Digital Corporation (NASDAQ:WDC) by 99.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,273 shares of the data storage provider’s stock after buying an additional 2,126 shares during the period. One Wealth Advisors LLC’s holdings in Western Digital were worth $736,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. ORG Partners LLC grew its stake in shares of Western Digital by 124.5% during the 3rd quarter. ORG Partners LLC now owns 211 shares of the data storage provider’s stock worth $25,000 after acquiring an additional 117 shares in the last quarter. Rakuten Securities Inc. grew its stake in shares of Western Digital by 4,070.0% during the 2nd quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock worth $27,000 after acquiring an additional 407 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of Western Digital by 551.4% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 241 shares of the data storage provider’s stock worth $29,000 after acquiring an additional 204 shares in the last quarter. Westfuller Advisors LLC bought a new position in shares of Western Digital during the 3rd quarter worth approximately $30,000. Finally, Avion Wealth grew its stake in shares of Western Digital by 163.8% during the 4th quarter. Avion Wealth now owns 182 shares of the data storage provider’s stock worth $31,000 after acquiring an additional 113 shares in the last quarter. 92.51% of the stock is owned by institutional investors.

Western Digital Stock Down 0.6%

WDC opened at $432.03 on Friday. Western Digital Corporation has a 1-year low of $43.60 and a 1-year high of $446.62. The stock’s fifty day simple moving average is $314.33 and its 200 day simple moving average is $233.19. The company has a current ratio of 1.46, a quick ratio of 1.19 and a debt-to-equity ratio of 0.34. The stock has a market cap of $146.48 billion, a PE ratio of 43.33, a price-to-earnings-growth ratio of 0.90 and a beta of 2.10.

Western Digital (NASDAQ:WDC) last posted its quarterly earnings results on Thursday, April 30th. The data storage provider reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.39 by $0.33. Western Digital had a return on equity of 49.24% and a net margin of 55.29%.The business had revenue of $3.34 billion for the quarter, compared to analysts’ expectations of $3.25 billion. During the same quarter in the prior year, the business earned $1.36 EPS. The firm’s revenue for the quarter was up 45.5% on a year-over-year basis. Western Digital has set its Q4 2026 guidance at 3.100-3.400 EPS. As a group, research analysts expect that Western Digital Corporation will post 8.61 earnings per share for the current year.

Western Digital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, June 5th will be paid a $0.15 dividend. This is a boost from Western Digital’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, June 5th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Western Digital’s dividend payout ratio (DPR) is currently 5.02%.

Western Digital News Roundup

Here are the key news stories impacting Western Digital this week:

• Positive Sentiment: WDC beat expectations: Q3 EPS $2.72 and revenue $3.34B, both above consensus, and management raised FY‑Q4 guidance (EPS and revenue) — this underpins the bullish case for continued AI/cloud storage demand. Earnings & press materials
• Positive Sentiment: Multiple analyst upgrades/target raises followed the quarter — Citi hiked its target to $500 (Buy) citing stronger visibility into AI-driven HDD demand, lifting investor optimism. Citi raises target to $500
• Positive Sentiment: Other firms (Rosenblatt, TD Cowen and others) boosted targets or reiterated Buy as AI/data‑center demand drives margin expansion and share‑buyback capacity; the company also announced a quarterly dividend increase, signalling confidence in cash flow.
• Neutral Sentiment: Industry signal — peers (SanDisk/Seagate) also reported strong results and demand commentary, confirming sector‑wide AI storage tailwinds but raising questions about how much of that is already priced in. Reuters: sector demand
• Negative Sentiment: Market reaction was mixed — the stock slipped after the beat as some traders engaged in “buy the rumor, sell the news” profit‑taking following an enormous YTD run; elevated expectations mean strong results may not produce further immediate upside. Yahoo: stock falls despite beat
• Negative Sentiment: Not all analyst moves are bullish: UBS raised its target to $375 but kept a Neutral rating — that level implies downside from current prices and provides a near‑term anchor for traders focused on risk management. Benzinga: UBS target

Insiders Place Their Bets

In related news, insider Cynthia L. Tregillis sold 363 shares of the stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $377.09, for a total value of $136,883.67. Following the sale, the insider owned 120,023 shares in the company, valued at approximately $45,259,473.07. This represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew E. Massengill sold 36,926 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $260.43, for a total value of $9,616,638.18. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,711 shares of company stock worth $24,300,404 in the last quarter. Insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on WDC shares. Wall Street Zen upgraded Western Digital from a “hold” rating to a “buy” rating in a research note on Saturday. Susquehanna reiterated a “neutral” rating and set a $285.00 price objective on shares of Western Digital in a research note on Friday, February 6th. Sanford C. Bernstein upgraded Western Digital from a “market perform” rating to an “outperform” rating and set a $340.00 price objective on the stock in a research note on Tuesday, March 31st. Argus set a $300.00 price objective on Western Digital in a research note on Tuesday, February 3rd. Finally, Bank of America upped their price objective on Western Digital to $495.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $389.74.

Western Digital Company Profile

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments.