Capital City Trust Co. FL Acquires Shares of 1,133 Seagate Technology Holdings PLC $STX

Capital City Trust Co. FL bought a new position in shares of Seagate Technology Holdings PLC (NASDAQ:STX) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 1,133 shares of the data storage provider’s stock, valued at approximately $312,000.

A number of other large investors have also modified their holdings of STX. Salomon & Ludwin LLC lifted its stake in shares of Seagate Technology by 124.4% in the fourth quarter. Salomon & Ludwin LLC now owns 92 shares of the data storage provider’s stock worth $27,000 after buying an additional 51 shares in the last quarter. Rakuten Securities Inc. grew its stake in Seagate Technology by 884.2% during the 2nd quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock valued at $27,000 after acquiring an additional 168 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in Seagate Technology during the 4th quarter valued at about $28,000. Avion Wealth raised its holdings in Seagate Technology by 343.5% in the 4th quarter. Avion Wealth now owns 102 shares of the data storage provider’s stock valued at $28,000 after acquiring an additional 79 shares during the last quarter. Finally, Concord Wealth Partners acquired a new stake in Seagate Technology in the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Key Seagate Technology News

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

• Positive Sentiment: Seagate is being highlighted by analysts and market commentary as a large-cap growth name benefiting from AI demand, with recent reports also pointing to strong earnings, higher price targets, and bullish calls that support the stock’s momentum. The Zacks Analyst Blog Highlights Micron Technology, Ciena, Seagate Technology, Five Below and Murphy USA
• Positive Sentiment: Seagate’s recent earnings beat and AI-focused storage push continue to underpin investor confidence, especially after management reported stronger revenue and profit and maintained shareholder returns through dividends and buybacks. Seagate (STX) Is Up 22.2% After Strong Q3 Results And AI Storage Push Has The Bull Case Changed?
• Positive Sentiment: Recent analyst upgrades and target increases from firms including Morgan Stanley and Goldman Sachs are reinforcing the view that Seagate has room for a higher valuation. Morgan Stanley Calls Seagate Technology Holdings (STX) a “Top Pick”
• Neutral Sentiment: A Finbold piece names Seagate among 2026’s best-performing S&P 500 stocks, which reflects strong relative performance but adds little new fundamental news. These are the top 3 best-performing S&P500 stock of 2026
• Neutral Sentiment: Seagate’s quarterly dividend announcement is supportive for income investors, but it is not likely to be a major near-term stock driver on its own. Seagate Technology stock and dividend details
• Negative Sentiment: Multiple insiders sold shares over the past couple of days, including a director and two executives, which can raise caution even though the trades were reportedly made under pre-arranged 10b5-1 plans. Stephanie Tilenius Sells 1,580 Shares of Seagate Technology (NASDAQ:STX) Stock
• Negative Sentiment: Additional insider selling from EVP James Ci Lee and EVP John Christopher Morris adds to the recent sell-side headline flow around the stock. James Ci Lee Sells 697 Shares of Seagate Technology (NASDAQ:STX) Stock

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. BNP Paribas Exane boosted their target price on Seagate Technology from $530.00 to $860.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Mizuho increased their price target on Seagate Technology from $565.00 to $700.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Barclays boosted their price objective on Seagate Technology from $625.00 to $750.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Bank of America upped their target price on Seagate Technology from $700.00 to $840.00 and gave the company a “buy” rating in a report on Monday, April 27th. Finally, Rosenblatt Securities raised their target price on Seagate Technology from $500.00 to $1,000.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $709.13.

Seagate Technology Stock Up 2.1%

Shares of NASDAQ STX opened at $782.64 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.33 and a debt-to-equity ratio of 3.16. The business’s 50 day moving average is $476.41 and its two-hundred day moving average is $369.68. Seagate Technology Holdings PLC has a 52-week low of $95.63 and a 52-week high of $802.13. The firm has a market cap of $175.49 billion, a price-to-earnings ratio of 74.25 and a beta of 1.98.

Seagate Technology (NASDAQ:STX) last released its quarterly earnings results on Tuesday, April 28th. The data storage provider reported $4.10 EPS for the quarter, topping the consensus estimate of $3.51 by $0.59. Seagate Technology had a return on equity of 1,005.65% and a net margin of 21.60%.The business had revenue of $3.11 billion during the quarter, compared to analyst estimates of $2.96 billion. During the same period last year, the business posted $1.90 earnings per share. The company’s quarterly revenue was up 44.1% on a year-over-year basis. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. Research analysts predict that Seagate Technology Holdings PLC will post 14.1 EPS for the current year.

Seagate Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 24th will be given a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, June 24th. Seagate Technology’s payout ratio is currently 28.08%.

Insider Buying and Selling

In other news, CFO Gianluca Romano sold 22,488 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $774.22, for a total value of $17,410,659.36. Following the completion of the transaction, the chief financial officer owned 42,847 shares of the company’s stock, valued at approximately $33,173,004.34. This trade represents a 34.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephanie Tilenius sold 1,580 shares of Seagate Technology stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $766.61, for a total transaction of $1,211,243.80. Following the completion of the transaction, the director owned 10,664 shares of the company’s stock, valued at $8,175,129.04. This trade represents a 12.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 102,723 shares of company stock worth $53,301,684 over the last 90 days. 0.79% of the stock is owned by insiders.

Seagate Technology 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.