Seagate Technology (STX) – Research Analysts’ Weekly Ratings Updates

Seagate Technology (NASDAQ: STX) recently received a number of ratings updates from brokerages and research firms:

• 10/28/2026 – Seagate Technology had its price target lowered by UBS Group from $780.00 to $750.00. They now have a “neutral” rating on the stock.
• 10/28/2026 – Seagate Technology had its “outperform” rating reaffirmed by Evercore.
• 10/28/2026 – Seagate Technology was given a new $1,350.00 price target by Robert W. Baird.
• 10/28/2026 – Seagate Technology had its price target lowered by Citigroup from $1,300.00 to $1,050.00. They now have a “buy” rating on the stock.
• 10/28/2026 – Seagate Technology had its price target lowered by Wells Fargo & Company from $865.00 to $820.00. They now have an “overweight” rating on the stock.
• 10/28/2026 – Seagate Technology was downgraded by Summit Insights from “buy” to “hold”.
• 10/28/2026 – Seagate Technology had its price target lowered by TD Cowen from $1,000.00 to $900.00. They now have a “buy” rating on the stock.
• 10/28/2026 – Seagate Technology had its price target lowered by Susquehanna from $925.00 to $765.00. They now have a “neutral” rating on the stock.
• 10/28/2026 – Seagate Technology had its “outperform” rating reaffirmed by Wedbush. They now have a $1,000.00 price target on the stock.
• 10/28/2026 – Seagate Technology had its price target lowered by Morgan Stanley from $1,200.00 to $1,148.00. They now have an “overweight” rating on the stock.
• 10/26/2026 – Seagate Technology had its price target lowered by Rosenblatt Securities from $1,400.00 to $1,100.00. They now have a “buy” rating on the stock.
• 10/26/2026 – Seagate Technology had its price target lowered by Cantor Fitzgerald from $1,300.00 to $1,000.00. They now have an “overweight” rating on the stock.
• 10/21/2026 – Seagate Technology had its price target raised by Bank of America from $1,150.00 to $1,200.00. They now have a “buy” rating on the stock.
• 10/20/2026 – Seagate Technology had its price target raised by Morgan Stanley from $1,187.00 to $1,200.00. They now have an “overweight” rating on the stock.
• 10/16/2026 – Seagate Technology was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/16/2026 – Seagate Technology had its price target lowered by Wells Fargo & Company from $1,180.00 to $865.00. They now have an “overweight” rating on the stock.
• 10/2/2026 – Seagate Technology was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 9/28/2026 – Seagate Technology was downgraded by Zacks Research from “strong-buy” to “hold”.
• 9/26/2026 – Seagate Technology was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 9/21/2026 – Seagate Technology had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 9/6/2026 – Seagate Technology was downgraded by Wall Street Zen from “strong-buy” to “buy”.

Seagate Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Wednesday, December 23rd will be paid a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.4%. This is a positive change from Seagate Technology’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend is Wednesday, December 23rd. Seagate Technology’s dividend payout ratio is currently 21.33%.

Insider Activity

In related news, CEO William Mosley sold 11,002 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $935.60, for a total value of $10,293,471.20. Following the transaction, the chief executive officer directly owned 362,108 shares of the company’s stock, valued at approximately $338,788,244.80. The trade was a 2.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Gianluca Romano sold 49,984 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $772.16, for a total value of $38,595,645.44. Following the completion of the transaction, the chief financial officer directly owned 70,756 shares in the company, valued at approximately $54,634,952.96. This represents a 41.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 466,812 shares of company stock valued at $378,583,042 in the last three months. 0.51% of the stock is currently owned by insiders.

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.