Seagate Technology (STX) to Release Quarterly Earnings on Tuesday

Seagate Technology (NASDAQ:STX) is anticipated to issue its Q2 2026 results before the market opens on Tuesday, January 20th. Analysts expect the company to announce earnings of $2.77 per share for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, February 5, 2026 at 12:00 AM ET.

Seagate Technology Stock Up 5.7%

Shares of STX stock opened at $321.48 on Tuesday. The firm has a 50 day moving average of $279.23 and a two-hundred day moving average of $218.98. The stock has a market capitalization of $68.66 billion, a PE ratio of 41.27, a P/E/G ratio of 1.19 and a beta of 1.60. Seagate Technology has a 52 week low of $63.19 and a 52 week high of $332.00.

Seagate Technology Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Wednesday, December 24th were issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 0.9%. This is a boost from Seagate Technology’s previous quarterly dividend of $0.72. The ex-dividend date was Wednesday, December 24th. Seagate Technology’s dividend payout ratio (DPR) is 38.00%.

Insider Transactions at Seagate Technology

In other Seagate Technology news, Director Stephanie Tilenius sold 2,046 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $266.41, for a total value of $545,074.86. Following the transaction, the director directly owned 12,244 shares in the company, valued at $3,261,924.04. This represents a 14.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kian Fatt Chong sold 7,078 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $272.14, for a total transaction of $1,926,206.92. The SEC filing for this sale provides additional information. Insiders sold a total of 131,145 shares of company stock valued at $36,425,168 over the last three months. 0.79% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Seagate Technology

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. CIBC Bancorp USA Inc. acquired a new position in Seagate Technology in the third quarter valued at $6,923,000. Centaurus Financial Inc. acquired a new stake in shares of Seagate Technology during the third quarter worth about $309,000. Sunbelt Securities Inc. lifted its holdings in shares of Seagate Technology by 11.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,395 shares of the data storage provider’s stock valued at $329,000 after purchasing an additional 142 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Seagate Technology by 23.5% in the 3rd quarter. Captrust Financial Advisors now owns 32,297 shares of the data storage provider’s stock valued at $7,624,000 after purchasing an additional 6,138 shares during the period. Finally, Coldstream Capital Management Inc. grew its stake in Seagate Technology by 75.1% during the 3rd quarter. Coldstream Capital Management Inc. now owns 8,553 shares of the data storage provider’s stock worth $2,020,000 after buying an additional 3,667 shares during the last quarter. 92.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

STX has been the topic of several recent research reports. Susquehanna upped their price target on Seagate Technology from $80.00 to $150.00 and gave the stock a “negative” rating in a report on Wednesday, October 29th. China Renaissance initiated coverage on Seagate Technology in a research report on Friday, December 5th. They set a “buy” rating and a $325.00 price objective for the company. Cantor Fitzgerald upped their target price on shares of Seagate Technology from $280.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Argus raised their target price on shares of Seagate Technology from $170.00 to $300.00 and gave the company a “strong-buy” rating in a report on Thursday, October 30th. Finally, Citigroup lifted their price target on shares of Seagate Technology from $275.00 to $320.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $293.13.

Seagate Technology Company 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.