BDF Gestion Buys Shares of 4,262 Seagate Technology Holdings PLC $STX

BDF Gestion acquired a new stake in shares of Seagate Technology Holdings PLC (NASDAQ:STX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,262 shares of the data storage provider’s stock, valued at approximately $1,174,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sovereign Financial Group Inc. lifted its position in Seagate Technology by 3.2% in the 4th quarter. Sovereign Financial Group Inc. now owns 1,063 shares of the data storage provider’s stock valued at $293,000 after purchasing an additional 33 shares during the last quarter. West Family Investments Inc. grew its position in Seagate Technology by 2.7% in the 3rd quarter. West Family Investments Inc. now owns 1,428 shares of the data storage provider’s stock worth $337,000 after purchasing an additional 37 shares during the last quarter. United Community Bank grew its position in Seagate Technology by 35.2% in the 3rd quarter. United Community Bank now owns 169 shares of the data storage provider’s stock worth $40,000 after purchasing an additional 44 shares during the last quarter. Physician Wealth Advisors Inc. increased its stake in shares of Seagate Technology by 43.7% in the third quarter. Physician Wealth Advisors Inc. now owns 148 shares of the data storage provider’s stock valued at $35,000 after purchasing an additional 45 shares during the period. Finally, Sivia Capital Partners LLC increased its stake in shares of Seagate Technology by 2.6% in the third quarter. Sivia Capital Partners LLC now owns 1,865 shares of the data storage provider’s stock valued at $440,000 after purchasing an additional 47 shares during the period. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Trending Headlines about Seagate Technology

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

• Positive Sentiment: Strong demand tailwind: Memory and storage stocks (including Seagate) remain a favored trade as heavy AI/datacenter spending is boosting revenue expectations for the group — supports continued multiple expansion and investor appetite. Memory Is Wall Street’s Favorite Tech Trade
• Positive Sentiment: Momentum and valuation attention: Seagate’s strong recent share-price gains (noted 3‑month and YTD outperformance) are drawing fresh valuation-focused coverage that can attract momentum and growth-oriented flows. Valuation After Recent Share Price Momentum
• Positive Sentiment: Analyst support: Multiple firms have raised price targets and maintain overweight/buy views, raising the consensus target and reinforcing bullish investor narratives. MarketBeat Analyst Notes
• Positive Sentiment: Dividend confirmation: Seagate declared a quarterly dividend (record/ex‑dividend dates noted), which can support demand from income and dividend-focused investors. Dividend Announcement
• Neutral Sentiment: Options/volatility signal: Implied volatility is very high (IV Rank ~80%), making option strategies attractive for traders and indicating big expected moves — can amplify intraday swings but is not a directional fundamental. Seagate Stock Volatility & Options Strategy
• Neutral Sentiment: Short-interest data appears inconsistent/noisy in recent reports (values reported as zero/NaN) — current reads don’t provide a clear short-squeeze signal and should be treated cautiously until clarified. (No clean external link; data pulled from market feeds.)
• Negative Sentiment: Insider selling: CEO William Mosley sold ~24,584 shares (~$10M) in a March 19 filing — not uncommon for diversification but can be perceived negatively by some investors. CEO Insider Sale Filing

Seagate Technology Stock Performance

NASDAQ:STX opened at $424.96 on Wednesday. Seagate Technology Holdings PLC has a twelve month low of $63.19 and a twelve month high of $459.84. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 7.63. The company has a 50-day moving average of $393.13 and a 200-day moving average of $304.00. The firm has a market cap of $92.67 billion, a price-to-earnings ratio of 48.07, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61.

Seagate Technology (NASDAQ:STX) last released its earnings results on Tuesday, January 27th. The data storage provider reported $3.11 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $2.73 billion. During the same period in the previous year, the firm earned $2.03 EPS. The business’s revenue for the quarter was up 21.5% on a year-over-year basis. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. Analysts forecast that Seagate Technology Holdings PLC will post 6.83 earnings per share for the current fiscal year.

Seagate Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 25th will be issued a $0.74 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.96 annualized dividend and a dividend yield of 0.7%. Seagate Technology’s dividend payout ratio is currently 33.48%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on STX. Barclays boosted their price objective on Seagate Technology from $370.00 to $425.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 28th. Morgan Stanley lifted their target price on Seagate Technology from $337.00 to $372.00 and gave the company an “overweight” rating in a research note on Thursday, January 22nd. BNP Paribas Exane boosted their price target on Seagate Technology from $430.00 to $530.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Seagate Technology in a research note on Monday, December 29th. Finally, The Goldman Sachs Group raised their price target on Seagate Technology from $310.00 to $385.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $447.35.

Insider Buying and Selling

In related news, 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. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO William D. Mosley sold 24,584 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $406.77, for a total value of $10,000,033.68. Following the sale, the chief executive officer directly owned 375,591 shares in the company, valued at $152,779,151.07. This trade represents a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 113,635 shares of company stock valued at $44,430,443 in the last three months. Insiders own 0.79% of the company’s stock.

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.