National Pension Service Grows Stake in Seagate Technology Holdings PLC $STX

National Pension Service lifted its stake in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 28.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 250,121 shares of the data storage provider’s stock after acquiring an additional 54,722 shares during the period. National Pension Service’s holdings in Seagate Technology were worth $59,044,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of STX. Sivia Capital Partners LLC lifted its position in shares of Seagate Technology by 2.6% during the third quarter. Sivia Capital Partners LLC now owns 1,865 shares of the data storage provider’s stock worth $440,000 after purchasing an additional 47 shares in the last quarter. Magnus Financial Group LLC increased its stake in Seagate Technology by 2.9% during the 3rd quarter. Magnus Financial Group LLC now owns 1,755 shares of the data storage provider’s stock worth $414,000 after buying an additional 49 shares during the period. Lee Johnson Capital Management LLC increased its stake in Seagate Technology by 0.9% during the 3rd quarter. Lee Johnson Capital Management LLC now owns 5,546 shares of the data storage provider’s stock worth $1,309,000 after buying an additional 50 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in Seagate Technology by 3.8% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,446 shares of the data storage provider’s stock worth $341,000 after buying an additional 53 shares in the last quarter. Finally, Cornerstone Wealth Group LLC boosted its position in Seagate Technology by 1.7% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 3,510 shares of the data storage provider’s stock valued at $829,000 after buying an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Seagate Technology News Summary

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

• Positive Sentiment: Q2 beat and raised guidance — Seagate topped EPS and revenue expectations and issued stronger Q3 EPS guidance, which is the primary fundamental catalyst for the rally. Seagate Q2 Highlights
• Positive Sentiment: “Sold out through 2026” demand commentary — Management said AI-driven data-center demand has Seagate effectively sold out, supporting revenue visibility and pricing power for nearline HDD capacity. Seagate Sold Out Through 2026
• Positive Sentiment: Earnings-estimate momentum — Analysts have been raising earnings estimates for STX, supporting further upside expectations. Earnings Estimates Rising for Seagate (STX)
• Positive Sentiment: Multiple price-target/rating upgrades — Several brokers (Argus, Citigroup, Evercore, Robert W. Baird, Cantor, etc.) raised targets and/or upgraded ratings after the print, amplifying momentum and institutional flows. Argus Adjusts Price Target on Seagate
• Neutral Sentiment: Dividend maintained — Company declared a quarterly dividend (modest yield ~0.7%); shareholder-friendly but not a primary driver of the move.
• Neutral Sentiment: Mixed analyst views remain — while many houses hiked targets, a subset of major banks still show more conservative targets, indicating differing views on how sustainable the rally and valuations are. Analyst Rating Coverage
• Negative Sentiment: Valuation/overbought warnings — Some commentary flags STX as potentially overbought with premium valuations after the run, which could invite profit-taking or a pullback. Seagate Suffers From AI Success
• Negative Sentiment: Insider sale — An EVP recently sold a small block of shares; while small relative to market cap, insider selling can be read negatively by some investors. SEC Form 4

Seagate Technology Stock Performance

Shares of STX opened at $407.69 on Monday. The firm has a fifty day moving average of $304.66 and a 200-day moving average of $239.69. The company has a market cap of $87.07 billion, a price-to-earnings ratio of 46.12, a price-to-earnings-growth ratio of 0.94 and a beta of 1.62. The company has a debt-to-equity ratio of 7.63, a quick ratio of 0.72 and a current ratio of 1.12. Seagate Technology Holdings PLC has a 1 year low of $63.19 and a 1 year high of $457.84.

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

Seagate Technology Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently commented on STX shares. Exane BNP Paribas upgraded Seagate Technology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Evercore ISI upped their target price on Seagate Technology from $330.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Morgan Stanley increased their target price on Seagate Technology from $337.00 to $372.00 and gave the company an “overweight” rating in a research note on Thursday, January 22nd. Argus lifted their price target on shares of Seagate Technology from $300.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Citigroup upped their price target on shares of Seagate Technology from $385.00 to $460.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $417.57.

Insider Buying and Selling

In other news, CEO William D. Mosley sold 20,000 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $285.56, for a total transaction of $5,711,200.00. Following the completion of the sale, the chief executive officer directly owned 429,895 shares of the company’s stock, valued at $122,760,816.20. This represents a 4.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Ban Seng Teh sold 6,000 shares of the company’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $270.00, for a total transaction of $1,620,000.00. Following the sale, the executive vice president directly owned 12,041 shares of the company’s stock, valued at $3,251,070. This represents a 33.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 102,856 shares of company stock worth $29,018,513. 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.