BDF Gestion Acquires New Holdings in Western Digital Corporation $WDC

BDF Gestion bought a new position in shares of Western Digital Corporation (NASDAQ:WDC) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 6,733 shares of the data storage provider’s stock, valued at approximately $1,160,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. ORG Partners LLC increased its position in Western Digital by 124.5% in the 3rd quarter. ORG Partners LLC now owns 211 shares of the data storage provider’s stock valued at $25,000 after acquiring an additional 117 shares during the period. Rakuten Securities Inc. lifted its holdings in shares of Western Digital by 4,070.0% during the second quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock worth $27,000 after purchasing an additional 407 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in shares of Western Digital by 551.4% during the third quarter. Cullen Frost Bankers Inc. now owns 241 shares of the data storage provider’s stock worth $29,000 after purchasing an additional 204 shares during the period. Grove Bank & Trust bought a new stake in shares of Western Digital in the third quarter worth $30,000. Finally, Westfuller Advisors LLC acquired a new stake in Western Digital in the third quarter valued at $30,000. 92.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on WDC shares. Morgan Stanley raised their target price on Western Digital from $260.00 to $306.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. New Street Research set a $250.00 price target on Western Digital in a research report on Tuesday, February 3rd. Evercore reissued an “outperform” rating and issued a $230.00 price target on shares of Western Digital in a research note on Friday, January 16th. Wedbush reaffirmed an “outperform” rating and issued a $325.00 price objective on shares of Western Digital in a research note on Monday, February 9th. Finally, Argus set a $300.00 target price on Western Digital in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.58.

Western Digital Stock Up 2.1%

WDC stock opened at $301.05 on Wednesday. The stock’s 50 day simple moving average is $269.02 and its 200 day simple moving average is $190.51. The company has a market cap of $102.07 billion, a P/E ratio of 30.20, a price-to-earnings-growth ratio of 0.68 and a beta of 1.76. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.19 and a current ratio of 1.46. Western Digital Corporation has a fifty-two week low of $28.83 and a fifty-two week high of $319.62.

Western Digital (NASDAQ:WDC) last announced its quarterly earnings data on Thursday, January 29th. The data storage provider reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.20. The firm had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.93 billion. Western Digital had a return on equity of 41.53% and a net margin of 35.52%.The company’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.77 earnings per share. On average, research analysts expect that Western Digital Corporation will post 4.89 earnings per share for the current fiscal year.

Western Digital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Thursday, March 5th were given a $0.125 dividend. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $0.50 annualized dividend and a yield of 0.2%. Western Digital’s dividend payout ratio (DPR) is presently 5.02%.

Insider Buying and Selling at Western Digital

In other Western Digital news, Director Matthew E. Massengill sold 36,926 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $260.43, for a total value of $9,616,638.18. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Irving Tan sold 20,000 shares of Western Digital stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $255.44, for a total transaction of $5,108,800.00. Following the transaction, the chief executive officer owned 623,586 shares of the company’s stock, valued at $159,288,807.84. This represents a 3.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 92,795 shares of company stock worth $24,265,884. Company insiders own 0.18% of the company’s stock.

Western Digital News Summary

Here are the key news stories impacting Western Digital this week:

• Positive Sentiment: Fundamentals: WDC’s January quarter beat estimates (EPS and revenue) and showed strong revenue growth and margins, giving investors a fundamental reason to bid the stock higher.
• Positive Sentiment: AI/storage tailwind: Analysts and market writeups highlight memory & storage stocks benefiting from the AI build‑out, a structural demand driver that supports further upside for WDC. Why Memory Stocks Are Winning the AI Boom While Big Tech Struggles
• Positive Sentiment: Analyst / media bullishness: Recent pieces laying out reasons WDC could keep climbing add to positive sentiment and attract momentum buyers. 2 Reasons Why Western Digital Stock Could Keep Climbing In 2026
• Positive Sentiment: Market reaction coverage: Market headlines pointing out WDC’s intraday gain help reinforce buying interest. Western Digital (WDC) Increases Despite Market Slip: Here’s What You Need to Know
• Neutral Sentiment: Short‑interest reporting appears unreliable: several feeds flagged a “large increase” in short interest but the numeric entries show zeros/NaN — this looks like a data glitch and shouldn’t be read as a true short‑squeeze signal.
• Neutral Sentiment: Volume and retail signals: Today’s advance occurred on below‑average volume, and isolated retail discounts (e.g., a WD Elements promo) are unlikely to materially change demand trends. Western Digital WD Elements Desktop External Hard Drive drops to $548.25
• Negative Sentiment: Valuation & positioning risk: WDC is trading near its highs and at an elevated P/E versus historical levels — that raises pullback risk if AI demand growth or margin assumptions disappoint.

Western Digital Profile

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments.