Seagate Technology Holdings PLC $STX Shares Acquired by Brookstone Capital Management

Brookstone Capital Management boosted its holdings in Seagate Technology Holdings PLC (NASDAQ:STX) by 20.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,176 shares of the data storage provider’s stock after acquiring an additional 2,031 shares during the quarter. Brookstone Capital Management’s holdings in Seagate Technology were worth $3,353,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. National Pension Service increased its stake in shares of Seagate Technology by 28.0% during the third quarter. National Pension Service now owns 250,121 shares of the data storage provider’s stock valued at $59,044,000 after acquiring an additional 54,722 shares during the period. Tokio Marine Asset Management Co. Ltd. acquired a new stake in Seagate Technology in the third quarter worth approximately $1,864,000. Keystone Investors PTE Ltd. boosted its stake in Seagate Technology by 55.7% during the 3rd quarter. Keystone Investors PTE Ltd. now owns 50,321 shares of the data storage provider’s stock valued at $11,879,000 after purchasing an additional 18,000 shares in the last quarter. Estate Counselors LLC bought a new position in Seagate Technology during the 3rd quarter valued at $2,557,000. Finally, Vision Financial Markets LLC increased its position in shares of Seagate Technology by 341.7% during the 3rd quarter. Vision Financial Markets LLC now owns 5,300 shares of the data storage provider’s stock valued at $1,251,000 after purchasing an additional 4,100 shares during the period. Institutional investors own 92.87% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Rosenblatt Securities upped their price objective on Seagate Technology from $370.00 to $500.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. JPMorgan Chase & Co. began coverage on Seagate Technology in a report on Monday. They set an “overweight” rating and a $525.00 target price on the stock. The Goldman Sachs Group boosted their price target on shares of Seagate Technology from $310.00 to $385.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Wells Fargo & Company upped their price target on shares of Seagate Technology from $360.00 to $450.00 and gave the company an “equal weight” rating in a report on Wednesday, January 28th. Finally, Morgan Stanley lifted their price objective on shares of Seagate Technology from $337.00 to $372.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $461.00.

More Seagate Technology News

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

• Positive Sentiment: Sanford C. Bernstein analyst expects STX shares to rise, which can drive bullish flows and sentiment. Seagate Technology (NASDAQ:STX) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says
• Positive Sentiment: Seeking Alpha reports HAMR (heat-assisted magnetic recording) has moved from roadmap to production, tightening supply for high‑capacity drives and supporting margin expansion and large hyperscaler commitments — a key fundamental driver for near‑term revenue and mix improvement. Seagate: HAMR Has Matured Into A Supply Story
• Positive Sentiment: Market commentary highlights STX outperforming peers on a strong trading day, reinforcing momentum following recent quarterly beats and bullish coverage. Seagate Technology Holdings PLC stock outperforms competitors on strong trading day
• Positive Sentiment: Bernstein commentary noted Seagate (and peers) offer entry points after volatility, supporting buying interest from value/momentum traders. Seagate, SanDisk, WDC provide entry points after TurboQuant prompts plunge: Bernstein
• Neutral Sentiment: JPMorgan initiated coverage on STX (initiation may increase analyst visibility but tone wasn’t specified in the summary). JPMorgan Chase & Co. Initiates Coverage on Seagate Technology (NASDAQ:STX)
• Neutral Sentiment: Macro/industry pieces on AI-driven NAND and data growth signal broader demand tailwinds for storage infrastructure — supportive for long-term demand but indirect for HDD near‑term pricing. Will Rising AI Storage Needs Fuel Micron’s NAND Growth Through FY27?
• Neutral Sentiment: CEO William Mosley sold 20,000 shares under a pre-arranged Rule 10b5‑1 plan (disclosed to the SEC); planned insider sales are usually less alarming than ad‑hoc disposals. SEC filing: Mosley Form 4
• Negative Sentiment: Zacks downgraded Seagate from “strong‑buy” to “hold,” which can temper buy-side enthusiasm and weigh on sentiment. Zacks Downgrades Seagate
• Negative Sentiment: A Seeking Alpha piece warns the company may be richly valued at current levels despite being a good business, highlighting valuation risk for near‑term investors. Seagate: Good Company, But I Don’t Trust The Story At This Price

Seagate Technology Stock Performance

Shares of NASDAQ STX opened at $429.36 on Friday. The stock’s fifty day simple moving average is $402.67 and its 200 day simple moving average is $312.36. The stock has a market capitalization of $93.63 billion, a price-to-earnings ratio of 48.57, a PEG ratio of 0.94 and a beta of 1.61. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 7.63. Seagate Technology Holdings PLC has a 52-week low of $63.19 and a 52-week high of $459.84.

Seagate Technology (NASDAQ:STX) last announced its earnings results on Tuesday, January 27th. The data storage provider reported $3.11 EPS for the quarter, beating the consensus estimate of $2.77 by $0.34. The business had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.73 billion. Seagate Technology had a negative return on equity of 936.38% and a net margin of 19.59%.Seagate Technology’s revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.03 earnings per share. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. As a group, sell-side analysts forecast that Seagate Technology Holdings PLC will post 6.83 earnings per share for the current fiscal year.

Seagate Technology Dividend Announcement

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

Insider Buying and Selling

In other Seagate Technology news, CEO William D. Mosley sold 24,584 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $406.77, for a total value of $10,000,033.68. Following the completion of the transaction, 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. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP James Ci Lee sold 673 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $348.85, for a total transaction of $234,776.05. Following the sale, the executive vice president owned 257 shares in the company, valued at $89,654.45. This represents a 72.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 113,635 shares of company stock valued at $47,133,843. Company insiders own 0.79% of the company’s stock.

About Seagate Technology

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.