Seagate Technology Holdings PLC (STX) – What Are Analysts Thinking About This Stock?

Shares of Seagate Technology Holdings PLC (NASDAQ:STX) have been assigned a consensus rating of “Moderate Buy” from the twenty-seven ratings firms that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and twenty-two have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $973.92.

STX has been the subject of several research reports. Zacks Research lowered shares of Seagate Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Citigroup increased their price objective on shares of Seagate Technology from $1,240.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Bank of America increased their price objective on shares of Seagate Technology from $1,000.00 to $1,150.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Wall Street Zen raised shares of Seagate Technology from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 26th. Finally, JPMorgan Chase & Co. lifted their target price on Seagate Technology from $1,095.00 to $1,240.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th.

Insider Buying and Selling

In related news, CEO William Mosley sold 11,002 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $935.60, for a total transaction of $10,293,471.20. Following the completion of the transaction, the chief executive officer directly owned 362,108 shares in the company, valued at $338,788,244.80. This represents a 2.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ban Teh sold 52,730 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $782.08, for a total value of $41,239,078.40. Following the completion of the sale, the executive vice president directly owned 5,810 shares in the company, valued at $4,543,884.80. This represents a 90.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 466,959 shares of company stock worth $378,840,741. Company insiders own 0.51% of the company’s stock.

Hedge Funds Weigh In On Seagate Technology

Several hedge funds and other institutional investors have recently modified their holdings of STX. Benchmark Financial Wealth Advisors LLC boosted its position in shares of Seagate Technology by 6.1% in the third quarter. Benchmark Financial Wealth Advisors LLC now owns 645 shares of the data storage provider’s stock worth $595,000 after buying an additional 37 shares during the period. Carnegie Investment Counsel raised its position in Seagate Technology by 119.0% during the third quarter. Carnegie Investment Counsel now owns 530 shares of the data storage provider’s stock valued at $489,000 after buying an additional 288 shares during the period. Robeco Institutional Asset Management B.V. raised its position in Seagate Technology by 12.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 90,715 shares of the data storage provider’s stock valued at $83,670,000 after buying an additional 10,023 shares during the period. Diversify Advisory Services LLC lifted its stake in Seagate Technology by 135.7% in the 3rd quarter. Diversify Advisory Services LLC now owns 4,248 shares of the data storage provider’s stock worth $3,918,000 after acquiring an additional 2,446 shares in the last quarter. Finally, Revisor Wealth Management LLC purchased a new stake in Seagate Technology in the 3rd quarter worth about $308,000. Institutional investors and hedge funds own 92.87% of the company’s stock.

Seagate Technology Stock Performance

Shares of STX opened at $675.13 on Wednesday. The business’s fifty day moving average price is $836.66 and its 200 day moving average price is $808.22. Seagate Technology has a 12-month low of $209.00 and a 12-month high of $1,145.00. The stock has a market capitalization of $153.52 billion, a PE ratio of 44.62 and a beta of 2.06. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.67 and a quick ratio of 1.17.

Seagate Technology (NASDAQ:STX) last released its quarterly earnings data on Tuesday, July 28th. The data storage provider reported $5.71 EPS for the quarter, topping analysts’ consensus estimates of $5.10 by $0.61. Seagate Technology had a net margin of 26.11% and a return on equity of 369.98%. The firm had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter in the previous year, the company posted $2.59 earnings per share. The firm’s revenue was up 48.5% on a year-over-year basis. Seagate Technology has set its Q1 2027 guidance at 7.100-7.500 EPS. Equities research analysts forecast that Seagate Technology will post 35.70 EPS for the current year.

Seagate Technology Announces Dividend

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

Seagate Technology News Summary

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

• Positive Sentiment: Morgan Stanley expects Seagate to deliver strong quarterly results and better-than-expected forward guidance, prompting the analyst to describe the stock as an aggressive-buying opportunity. Seagate, Western Digital stocks gain as this analyst sees 80% upside
• Positive Sentiment: The higher price target reinforces investor confidence in Seagate’s earnings potential and suggests Morgan Stanley views the recent selloff as excessive. STX Stock Adds 2% After Morgan Stanley Hikes Price Target
• Positive Sentiment: Seagate has historically been a standout performer within the technology hardware, storage and peripherals industry, having outperformed 19 of 20 peers over the five years through October 16, 2026. Is Seagate Stock Still Leading Its Industry?

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.