Savvy Advisors Inc. Makes New Investment in Western Digital Corporation $WDC

Savvy Advisors Inc. bought a new stake in Western Digital Corporation (NASDAQ:WDC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,185 shares of the data storage provider’s stock, valued at approximately $382,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. ORG Partners LLC boosted its stake in Western Digital by 124.5% during the third 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. Cullen Frost Bankers Inc. boosted its holdings in Western Digital by 551.4% in the third 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. Grove Bank & Trust bought a new position in Western Digital in the third quarter worth approximately $30,000. Westfuller Advisors LLC acquired a new stake in Western Digital in the third quarter valued at approximately $30,000. Finally, Cornerstone Planning Group LLC increased its holdings in shares of Western Digital by 207.0% during the third quarter. Cornerstone Planning Group LLC now owns 264 shares of the data storage provider’s stock valued at $32,000 after acquiring an additional 178 shares in the last quarter. 92.51% of the stock is currently owned by institutional investors.

Western Digital Stock Down 0.9%

Western Digital stock opened at $281.58 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.19 and a current ratio of 1.46. The stock has a market cap of $95.47 billion, a PE ratio of 28.24, a price-to-earnings-growth ratio of 0.65 and a beta of 1.79. Western Digital Corporation has a fifty-two week low of $28.83 and a fifty-two week high of $307.50. The firm’s 50-day simple moving average is $216.93 and its 200 day simple moving average is $152.19.

Western Digital (NASDAQ:WDC) last posted its earnings results on Thursday, January 29th. The data storage provider reported $2.13 EPS for the quarter, topping the consensus estimate of $1.93 by $0.20. The firm had revenue of $3.02 billion for the quarter, compared to analysts’ expectations of $2.93 billion. Western Digital had a net margin of 35.52% and a return on equity of 41.53%. The company’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.77 EPS. Research analysts predict that Western Digital Corporation will post 4.89 EPS for the current fiscal year.

Western Digital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Thursday, March 5th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, March 5th. Western Digital’s dividend payout ratio is 5.02%.

Key Headlines Impacting Western Digital

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

• Positive Sentiment: Market recognition of WDC’s rally — coverage highlights WDC as the second-best performer in the S&P 500 for 2026 so far, underscoring momentum and investor interest in the stock. Read More.
• Positive Sentiment: Bullish investment thesis on AI storage upside — deep-dive pieces argue WDC is capturing enormous AI-driven demand, framing the recent gains as part of a multi-year opportunity. Read More.
• Positive Sentiment: Analyst momentum — WDC is appearing on Zacks’ Rank #1 (Strong Buy) lists and their best-growth lists, which can attract buy-side flows and momentum investors. Read More.
• Positive Sentiment: Positive media narratives around AI demand and product relevance — multiple outlets profile WDC as a critical supplier in the AI megatrend, reinforcing the growth story. Read More.
• Neutral Sentiment: Investor access / upcoming presentation — WDC will present at the Morgan Stanley TMT Conference on March 3; the webcast gives management a chance to update investors and could influence guidance/expectations. Read More.
• Negative Sentiment: Valuation and risk warnings after a massive rally — analysts note a ~300%+ one-year gain and ask whether risks (cyclical demand, supply, buyback sustainability, valuation) are building, which can prompt profit-taking and increased short-term volatility. Read More.

Insider Activity

In related news, insider Cynthia L. Tregillis sold 6,780 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $270.49, for a total transaction of $1,833,922.20. Following the completion of the transaction, the insider owned 136,538 shares in the company, valued at approximately $36,932,163.62. This represents a 4.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kimberly Alexy sold 1,768 shares of Western Digital stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $154.00, for a total transaction of $272,272.00. Following the completion of the sale, the director directly owned 3,585 shares in the company, valued at approximately $552,090. This represents a 33.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 70,522 shares of company stock worth $17,661,708. 0.18% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Citigroup lifted their price target on shares of Western Digital to $325.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Wedbush reiterated an “outperform” rating and set a $325.00 price objective on shares of Western Digital in a report on Monday, February 9th. Rosenblatt Securities reissued a “buy” rating and set a $340.00 target price on shares of Western Digital in a research report on Wednesday, February 4th. Cantor Fitzgerald raised their price target on shares of Western Digital to $325.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Finally, China Renaissance began coverage on Western Digital in a research note on Friday, December 5th. They set a “buy” rating and a $193.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $265.58.

About Western Digital

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.