FDx Advisors Inc. Invests $555,000 in Seagate Technology Holdings PLC $STX

FDx Advisors Inc. acquired a new position in Seagate Technology Holdings PLC (NASDAQ:STX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,168 shares of the data storage provider’s stock, valued at approximately $555,000.

A number of other institutional investors also recently bought and sold shares of the company. Harbor Asset Planning Inc. bought a new position in shares of Seagate Technology in the 2nd quarter worth approximately $27,000. Rakuten Securities Inc. increased its holdings in Seagate Technology by 884.2% during the second quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock valued at $27,000 after buying an additional 168 shares during the last quarter. MTM Investment Management LLC bought a new position in Seagate Technology in the second quarter worth approximately $29,000. First Horizon Corp purchased a new stake in shares of Seagate Technology in the 3rd quarter worth $33,000. Finally, GoalVest Advisory LLC increased its stake in shares of Seagate Technology by 30.6% in the 2nd quarter. GoalVest Advisory LLC now owns 320 shares of the data storage provider’s stock worth $46,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 92.87% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on STX shares. Exane BNP Paribas raised Seagate Technology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. UBS Group increased their target price on Seagate Technology from $335.00 to $385.00 and gave the stock a “neutral” rating in a research report on Wednesday. BNP Paribas Exane raised Seagate Technology from a “neutral” rating to an “outperform” rating and set a $380.00 price target on the stock in a report on Wednesday, January 21st. Morgan Stanley upped their price target on Seagate Technology from $337.00 to $372.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. Finally, Wedbush lifted their price objective on shares of Seagate Technology from $290.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Seagate Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $417.57.

Key Seagate Technology News

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

• Positive Sentiment: Q2 beat and raised guidance — Seagate topped EPS and revenue expectations and issued stronger Q3 EPS guidance, which is the primary fundamental catalyst for the rally. Seagate Q2 Highlights
• Positive Sentiment: “Sold out through 2026” demand commentary — Management said AI-driven data-center demand has Seagate effectively sold out, supporting revenue visibility and pricing power for nearline HDD capacity. Seagate Sold Out Through 2026
• Positive Sentiment: Earnings-estimate momentum — Analysts have been raising earnings estimates for STX, supporting further upside expectations. Earnings Estimates Rising for Seagate (STX)
• Positive Sentiment: Multiple price-target/rating upgrades — Several brokers (Argus, Citigroup, Evercore, Robert W. Baird, Cantor, etc.) raised targets and/or upgraded ratings after the print, amplifying momentum and institutional flows. Argus Adjusts Price Target on Seagate
• Neutral Sentiment: Dividend maintained — Company declared a quarterly dividend (modest yield ~0.7%); shareholder-friendly but not a primary driver of the move.
• Neutral Sentiment: Mixed analyst views remain — while many houses hiked targets, a subset of major banks still show more conservative targets, indicating differing views on how sustainable the rally and valuations are. Analyst Rating Coverage
• Negative Sentiment: Valuation/overbought warnings — Some commentary flags STX as potentially overbought with premium valuations after the run, which could invite profit-taking or a pullback. Seagate Suffers From AI Success
• Negative Sentiment: Insider sale — An EVP recently sold a small block of shares; while small relative to market cap, insider selling can be read negatively by some investors. SEC Form 4

Insider Activity at Seagate Technology

In other news, CFO Gianluca Romano sold 54,021 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $285.16, for a total value of $15,404,628.36. Following the completion of the sale, the chief financial officer owned 56,293 shares in the company, valued at approximately $16,052,511.88. This trade represents a 48.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William D. Mosley sold 20,000 shares of Seagate Technology stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $285.56, for a total transaction of $5,711,200.00. Following the transaction, the chief executive officer directly owned 429,895 shares of the company’s stock, valued at approximately $122,760,816.20. This represents a 4.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 124,902 shares of company stock worth $34,819,987 in the last ninety days. Corporate insiders own 0.79% of the company’s stock.

Seagate Technology Stock Performance

Seagate Technology stock opened at $407.69 on Friday. The company’s 50-day moving average price is $304.66 and its 200-day moving average price is $239.04. The company has a quick ratio of 0.62, a current ratio of 1.12 and a debt-to-equity ratio of 7.63. The company has a market cap of $87.07 billion, a PE ratio of 46.12, a price-to-earnings-growth ratio of 1.06 and a beta of 1.60. Seagate Technology Holdings PLC has a twelve month low of $63.19 and a twelve month high of $457.84.

Seagate Technology (NASDAQ:STX) last released its quarterly earnings results on Tuesday, January 27th. The data storage provider reported $3.11 EPS for the quarter, topping the consensus estimate of $2.77 by $0.34. Seagate Technology had a negative return on equity of 936.38% and a net margin of 19.59%.The company had revenue of $2.83 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter last year, the business posted $2.03 earnings per share. The firm’s revenue was up 21.5% on a year-over-year basis. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. On average, equities research analysts forecast that Seagate Technology Holdings PLC will post 6.83 EPS for the current fiscal year.

Seagate Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 25th will be given a dividend of $0.74 per share. 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 payout ratio is currently 33.48%.

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.