Net Worth Advisory Group Acquires Shares of 1,851 Seagate Technology Holdings PLC $STX

Net Worth Advisory Group acquired a new stake in Seagate Technology Holdings PLC (NASDAQ:STX) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,851 shares of the data storage provider’s stock, valued at approximately $510,000.

Other hedge funds have also modified their holdings of the company. National Pension Service boosted its holdings in shares of Seagate Technology by 28.0% in the 3rd quarter. National Pension Service now owns 250,121 shares of the data storage provider’s stock worth $59,044,000 after acquiring an additional 54,722 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. acquired a new stake in Seagate Technology during the 3rd quarter valued at $1,864,000. Keystone Investors PTE Ltd. increased its holdings in Seagate Technology by 55.7% during the 3rd quarter. Keystone Investors PTE Ltd. now owns 50,321 shares of the data storage provider’s stock valued at $11,879,000 after purchasing an additional 18,000 shares in the last quarter. Estate Counselors LLC bought a new position in Seagate Technology in the 3rd quarter valued at $2,557,000. Finally, Vision Financial Markets LLC raised its position in Seagate Technology by 341.7% in the 3rd quarter. Vision Financial Markets LLC now owns 5,300 shares of the data storage provider’s stock valued at $1,251,000 after purchasing an additional 4,100 shares during the last quarter. 92.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Morgan Stanley increased their target price on Seagate Technology from $337.00 to $372.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Seagate Technology in a report on Wednesday, February 4th. The Goldman Sachs Group upped their price target on shares of Seagate Technology from $310.00 to $385.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Benchmark increased their price objective on shares of Seagate Technology from $255.00 to $325.00 and gave the stock a “buy” rating in a report on Tuesday, December 16th. Finally, Susquehanna upgraded shares of Seagate Technology from a “negative” rating to a “neutral” rating and raised their price objective for the company from $150.00 to $280.00 in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $447.35.

Key Stories Impacting Seagate Technology

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

• Positive Sentiment: Zacks highlights Seagate as a “strong growth stock,” pointing to its growth scores and investor-friendly metrics that support a growth-oriented thesis for STX. Here’s Why Seagate (STX) is a Strong Growth Stock
• Positive Sentiment: MarketBeat flags Seagate among the most upgraded stocks in 2026, signaling rising analyst optimism which can support upward price momentum and investor interest. Analyst Optimism: MarketBeat’s Most Upgraded Stocks of 2026
• Positive Sentiment: Seagate joined the AR Alliance (SPIE), expanding partnerships across optics/AR suppliers — a strategic tie that could open new enterprise and edge storage opportunities over time. Twelve New Member Companies join the AR Alliance
• Neutral Sentiment: Comparative research pieces (Zacks/Yahoo) weigh Seagate against IBM for enterprise storage exposure — they underline different plays on the AI/data boom (Seagate: HAMR, cash flow; IBM: hybrid cloud/AI platform). This frames STX as a hardware/capacity play versus platform peers. Seagate vs. IBM: Which Enterprise Storage Stock is the Better Bet? Seagate vs. IBM (Zacks)
• Negative Sentiment: Alphabet’s new TurboQuant and related research prompted concerns that models will need less memory, triggering sector selling (Micron and peers) and briefly pressuring STX. Coverage notes an immediate negative read-through for storage/memory demand assumptions. Did Alphabet Just End the AI Memory Boom?
• Negative Sentiment: News pieces report an afternoon slide in STX shares after Google’s TurboQuant disclosure, and broader sell-side/commentary warns macro/interest‑rate pressures continue to weigh on hardware names. These dynamics increase short-term volatility risk. Why Seagate (STX) Shares Are Sliding Today SNDK, WDC and STX Forecasts – FXEmpire

Seagate Technology Stock Performance

Seagate Technology stock opened at $380.07 on Friday. The company has a market cap of $82.88 billion, a PE ratio of 42.99, a PEG ratio of 0.85 and a beta of 1.61. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 7.63. Seagate Technology Holdings PLC has a 1 year low of $63.19 and a 1 year high of $459.84. The company’s 50-day moving average is $397.40 and its two-hundred day moving average is $307.41.

Seagate Technology (NASDAQ:STX) last announced its quarterly earnings data on Tuesday, January 27th. The data storage provider reported $3.11 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.34. Seagate Technology had a net margin of 19.59% and a negative return on equity of 936.38%. The business had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same period in the prior year, the business posted $2.03 earnings per share. Seagate Technology’s revenue 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. Equities analysts anticipate that Seagate Technology Holdings PLC will post 6.83 earnings per share for the current year.

Seagate Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 25th will be paid a $0.74 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.8%. Seagate Technology’s dividend payout ratio is 33.48%.

Insider Buying and Selling

In other news, Director Jay L. Geldmacher sold 925 shares of the firm’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $448.02, for a total value of $414,418.50. Following the transaction, the director directly owned 223 shares in the company, valued at $99,908.46. This trade represents a 80.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kian Fatt Chong sold 5,846 shares of Seagate Technology stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $416.48, for a total value of $2,434,742.08. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 113,635 shares of company stock worth $44,430,443 over the last 90 days. 0.79% of the stock is currently owned by corporate insiders.

About Seagate Technology

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.