Aaron Wealth Advisors LLC Invests $305,000 in Seagate Technology Holdings PLC $STX

Aaron Wealth Advisors LLC bought a new stake in shares of Seagate Technology Holdings PLC (NASDAQ:STX) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 779 shares of the data storage provider’s stock, valued at approximately $305,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. State Street Corp lifted its stake in Seagate Technology by 1.0% in the fourth quarter. State Street Corp now owns 9,370,805 shares of the data storage provider’s stock worth $2,587,535,000 after purchasing an additional 94,527 shares during the last quarter. Morgan Stanley grew its stake in Seagate Technology by 5.1% in the fourth quarter. Morgan Stanley now owns 5,317,516 shares of the data storage provider’s stock worth $1,464,391,000 after purchasing an additional 258,151 shares in the last quarter. Geode Capital Management LLC increased its holdings in Seagate Technology by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 4,896,815 shares of the data storage provider’s stock worth $1,343,683,000 after purchasing an additional 234,436 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Seagate Technology by 8.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,193,063 shares of the data storage provider’s stock valued at $879,338,000 after purchasing an additional 243,551 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in Seagate Technology by 1,510.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,008,516 shares of the data storage provider’s stock valued at $553,125,000 after purchasing an additional 1,883,769 shares in the last quarter. 92.87% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

STX has been the topic of a number of recent research reports. The Goldman Sachs Group increased their price target on Seagate Technology from $385.00 to $700.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Citigroup upped their price objective on shares of Seagate Technology from $740.00 to $1,150.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. increased their target price on shares of Seagate Technology from $775.00 to $920.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Fox Advisors downgraded shares of Seagate Technology from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 22nd. Finally, Mizuho raised their target price on shares of Seagate Technology from $875.00 to $1,090.00 and gave the company an “outperform” rating in a research report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Seagate Technology has a consensus rating of “Moderate Buy” and a consensus price target of $874.52.

Insider Activity at Seagate Technology

In other news, CEO William D. Mosley sold 30,000 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $751.29, for a total value of $22,538,700.00. Following the transaction, the chief executive officer directly owned 339,591 shares of the company’s stock, valued at approximately $255,131,322.39. This represents a 8.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Gianluca Romano sold 22,488 shares of Seagate Technology stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $774.22, for a total value of $17,410,659.36. Following the sale, the chief financial officer directly owned 42,847 shares of the company’s stock, valued at $33,173,004.34. This trade represents a 34.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 141,069 shares of company stock worth $107,161,712. 0.79% of the stock is owned by company insiders.

Seagate Technology News Roundup

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

• Positive Sentiment: Cantor Fitzgerald raised its price target on Seagate Technology to $1,300 from $1,000 and kept an overweight rating, signaling confidence that the stock still has room to run. Benzinga report on Cantor Fitzgerald upgrade
• Positive Sentiment: Melius Research initiated coverage with a buy rating and a $1,600 price target, reinforcing the view that Seagate could benefit further from AI infrastructure spending and tight memory supply. Yahoo Finance company news for Jun 29, 2026
• Positive Sentiment: Multiple articles highlighted Seagate as one of the leading AI infrastructure and memory stocks, with commentary pointing to strong earnings trends and structural demand from cloud and AI customers. Zacks article on AI infrastructure stocks
• Positive Sentiment: Seagate’s plan to redeem $150.7 million of exchangeable notes due 2028 should modestly improve the balance sheet and reduce future debt-related risk. Yahoo Finance article on debt redemption
• Neutral Sentiment: Some commentary suggested the stock may already reflect a lot of the good news, with one Seeking Alpha piece arguing Seagate is performing well but leaves limited upside from current levels. Seeking Alpha article on Seagate valuation
• Neutral Sentiment: Another market note said Seagate has benefited from a broader memory shortage and stronger pricing, but the article focused more on the industry backdrop than on a new company-specific catalyst. MarketBeat article on memory stocks

Seagate Technology Stock Performance

Shares of Seagate Technology stock opened at $968.53 on Tuesday. The company has a market capitalization of $217.17 billion, a PE ratio of 91.89 and a beta of 2.04. The company has a 50-day simple moving average of $827.45 and a two-hundred day simple moving average of $535.71. Seagate Technology Holdings PLC has a one year low of $138.30 and a one year high of $1,145.00. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.85 and a current ratio of 1.33.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings results on Tuesday, April 28th. The data storage provider reported $4.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.51 by $0.59. Seagate Technology had a return on equity of 1,005.65% and a net margin of 21.60%.The business had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same period in the prior year, the firm posted $1.90 earnings per share. The business’s quarterly revenue was up 44.1% on a year-over-year basis. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. Research analysts expect that Seagate Technology Holdings PLC will post 14.14 EPS for the current fiscal year.

Seagate Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 24th will be given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 24th. Seagate Technology’s payout ratio is currently 28.08%.

Seagate Technology 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.