Q3 EPS Forecast for Seagate Technology Reduced by Analyst

Seagate Technology Holdings plc (NASDAQ:STX - Free Report) - Research analysts at Zacks Research cut their Q3 2025 earnings estimates for shares of Seagate Technology in a note issued to investors on Tuesday, February 11th. Zacks Research analyst R. Department now forecasts that the data storage provider will post earnings of $1.50 per share for the quarter, down from their prior estimate of $1.59. The consensus estimate for Seagate Technology's current full-year earnings is $6.82 per share. Zacks Research also issued estimates for Seagate Technology's FY2025 earnings at $6.69 EPS, Q1 2026 earnings at $2.01 EPS, Q2 2026 earnings at $2.26 EPS, Q4 2026 earnings at $2.82 EPS, FY2026 earnings at $9.59 EPS, Q1 2027 earnings at $2.21 EPS and FY2027 earnings at $10.83 EPS.

Several other equities analysts have also issued reports on STX. Barclays boosted their price target on shares of Seagate Technology from $95.00 to $105.00 and gave the company an "equal weight" rating in a report on Wednesday, January 22nd. Susquehanna boosted their price target on shares of Seagate Technology from $65.00 to $68.00 and gave the company a "negative" rating in a report on Wednesday, January 22nd. Cantor Fitzgerald reissued a "neutral" rating and issued a $120.00 price target on shares of Seagate Technology in a report on Wednesday, January 22nd. Northland Securities reissued an "outperform" rating and issued a $160.00 price target (up previously from $144.00) on shares of Seagate Technology in a report on Wednesday, January 22nd. Finally, UBS Group boosted their price target on shares of Seagate Technology from $95.00 to $105.00 and gave the company a "neutral" rating in a report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $122.56.

Seagate Technology Stock Performance

STX traded up $1.63 during trading on Friday, reaching $103.10. 2,365,505 shares of the company's stock were exchanged, compared to its average volume of 3,302,789. The company's fifty day moving average price is $94.62 and its 200-day moving average price is $99.64. Seagate Technology has a fifty-two week low of $82.31 and a fifty-two week high of $115.32. The firm has a market capitalization of $21.83 billion, a PE ratio of 18.85 and a beta of 1.07.

Hedge Funds Weigh In On Seagate Technology

Large investors have recently modified their holdings of the stock. Ashton Thomas Securities LLC bought a new position in shares of Seagate Technology in the third quarter valued at about $26,000. Elequin Capital LP bought a new position in Seagate Technology during the fourth quarter worth about $27,000. Fourth Dimension Wealth LLC bought a new position in Seagate Technology during the fourth quarter worth about $27,000. Advisors Asset Management Inc. increased its position in Seagate Technology by 177.9% during the third quarter. Advisors Asset Management Inc. now owns 403 shares of the data storage provider's stock worth $44,000 after acquiring an additional 258 shares during the period. Finally, JFS Wealth Advisors LLC increased its position in Seagate Technology by 232.5% during the third quarter. JFS Wealth Advisors LLC now owns 419 shares of the data storage provider's stock worth $46,000 after acquiring an additional 293 shares during the period. 92.87% of the stock is owned by institutional investors.

Insider Buying and Selling at Seagate Technology

In other Seagate Technology news, CEO William D. Mosley sold 20,000 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $102.83, for a total value of $2,056,600.00. Following the completion of the sale, the chief executive officer now owns 622,497 shares in the company, valued at $64,011,366.51. This trade represents a 3.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Yolanda Lee Conyers sold 750 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $101.82, for a total transaction of $76,365.00. Following the completion of the sale, the director now owns 6,555 shares of the company's stock, valued at approximately $667,430.10. This represents a 10.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,891 shares of company stock worth $2,146,848 over the last quarter. 0.81% of the stock is currently owned by insiders.

Seagate Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be issued a dividend of $0.72 per share. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $2.88 dividend on an annualized basis and a yield of 2.79%. Seagate Technology's payout ratio is 52.65%.

About Seagate Technology

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.