Q4 EPS Estimate for Seagate Technology Decreased by Analyst

Seagate Technology Holdings plc (NASDAQ:STX - Free Report) - Zacks Research dropped their Q4 2025 earnings per share (EPS) estimates for Seagate Technology in a research report issued to clients and investors on Tuesday, February 11th. Zacks Research analyst R. Department now expects that the data storage provider will post earnings per share of $1.96 for the quarter, down from their previous forecast of $2.09. 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 Q2 2027 earnings at $2.67 EPS.

A number of other analysts also recently issued reports on STX. Cantor Fitzgerald reissued a "neutral" rating and set a $120.00 price target on shares of Seagate Technology in a report on Wednesday, January 22nd. The Goldman Sachs Group reduced their price target on Seagate Technology from $112.00 to $99.00 and set a "neutral" rating for the company in a report on Friday, January 10th. Bank of America upped their price target on Seagate Technology from $124.00 to $130.00 and gave the stock a "buy" rating in a report on Wednesday, January 22nd. Susquehanna upped their price target on Seagate Technology from $65.00 to $68.00 and gave the stock a "negative" rating in a report on Wednesday, January 22nd. Finally, Summit Insights raised Seagate Technology from a "hold" rating to a "buy" rating in a report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, Seagate Technology has a consensus rating of "Moderate Buy" and an average target price of $122.56.

Seagate Technology Stock Down 0.0 %

Shares of NASDAQ STX traded down $0.01 during midday trading on Thursday, reaching $101.47. 2,234,988 shares of the stock were exchanged, compared to its average volume of 3,666,116. The firm has a market cap of $21.48 billion, a price-to-earnings ratio of 18.55 and a beta of 1.07. The firm has a 50-day simple moving average of $94.57 and a two-hundred day simple moving average of $99.62. Seagate Technology has a twelve month low of $82.31 and a twelve month high of $115.32.

Seagate Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Wednesday, March 19th. Seagate Technology's dividend payout ratio is currently 52.65%.

Insider Transactions at Seagate Technology

In related news, Director Yolanda Lee Conyers sold 750 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $101.82, for a total value of $76,365.00. Following the transaction, the director now owns 6,555 shares of the company's stock, valued at $667,430.10. This represents a 10.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 transaction, the chief executive officer now directly owns 622,497 shares in the company, valued at $64,011,366.51. This trade represents a 3.11 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,891 shares of company stock valued at $2,146,848. 0.81% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Seagate Technology

Several large investors have recently bought and sold shares of STX. Ashton Thomas Securities LLC acquired a new position in Seagate Technology in the third quarter valued at approximately $26,000. 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 buying an additional 258 shares during the period. JFS Wealth Advisors LLC grew its position in Seagate Technology by 232.5% during the 3rd quarter. JFS Wealth Advisors LLC now owns 419 shares of the data storage provider's stock worth $46,000 after purchasing an additional 293 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new position in Seagate Technology during the 3rd quarter worth $53,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Seagate Technology during the 3rd quarter worth $54,000. Hedge funds and other institutional investors own 92.87% of the company's stock.

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.