Personal CFO Solutions LLC Purchases 3,228 Shares of Seagate Technology Holdings PLC $STX

Personal CFO Solutions LLC increased its holdings in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 107.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,220 shares of the data storage provider’s stock after buying an additional 3,228 shares during the quarter. Personal CFO Solutions LLC’s holdings in Seagate Technology were worth $1,468,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Rakuten Securities Inc. increased its holdings in shares of Seagate Technology by 884.2% in the second quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock worth $27,000 after acquiring an additional 168 shares in the last quarter. MTM Investment Management LLC bought a new position in shares of Seagate Technology during the 2nd quarter valued at about $29,000. First Horizon Corp acquired a new position in shares of Seagate Technology in the 3rd quarter valued at approximately $33,000. Raiffeisen Bank International AG acquired a new position in shares of Seagate Technology in the 3rd quarter valued at approximately $33,000. Finally, Physician Wealth Advisors Inc. increased 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 purchasing an additional 45 shares in the last quarter. 92.87% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on STX shares. Citigroup lifted their price target on shares of Seagate Technology from $460.00 to $480.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Loop Capital raised their price objective on shares of Seagate Technology from $465.00 to $700.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Seagate Technology in a research report on Wednesday, February 4th. Wells Fargo & Company increased their target price on Seagate Technology from $360.00 to $450.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 28th. Finally, Mizuho lifted their price target on Seagate Technology from $440.00 to $475.00 and gave the company an “outperform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $447.35.

Seagate Technology Price Performance

Shares of NASDAQ STX opened at $411.11 on Friday. The stock has a market capitalization of $89.65 billion, a price-to-earnings ratio of 46.51, a PEG ratio of 0.91 and a beta of 1.62. The business has a 50-day moving average of $347.93 and a 200-day moving average of $266.48. 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 Holdings PLC has a fifty-two week low of $63.19 and a fifty-two week high of $459.84.

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

Seagate Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 25th will be paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, March 25th. Seagate Technology’s dividend payout ratio is 33.48%.

Insider Buying and Selling at Seagate Technology

In other Seagate Technology news, EVP James Ci Lee sold 673 shares of the stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $348.85, for a total transaction of $234,776.05. Following the transaction, the executive vice president owned 257 shares in the company, valued at $89,654.45. This represents a 72.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Yolanda Lee Conyers sold 750 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $272.91, for a total value of $204,682.50. Following the transaction, the director owned 5,601 shares in the company, valued at approximately $1,528,568.91. This trade represents a 11.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 83,955 shares of company stock worth $29,925,749. 0.79% of the stock is currently owned by corporate insiders.

Seagate Technology Company Profile

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.