TD Waterhouse Canada Inc. Has $6.73 Million Stock Holdings in Seagate Technology Holdings PLC $STX

TD Waterhouse Canada Inc. cut its holdings in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 84.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,453 shares of the data storage provider’s stock after selling 134,060 shares during the period. TD Waterhouse Canada Inc.’s holdings in Seagate Technology were worth $6,731,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Rakuten Securities Inc. boosted its position in Seagate Technology by 884.2% during the 2nd quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock worth $27,000 after buying an additional 168 shares during the period. Armstrong Advisory Group Inc. acquired a new stake in Seagate Technology during the 4th quarter worth approximately $28,000. Avion Wealth boosted its position in Seagate Technology by 343.5% during the 4th quarter. Avion Wealth now owns 102 shares of the data storage provider’s stock worth $28,000 after buying an additional 79 shares during the period. First Horizon Corp acquired a new stake in Seagate Technology during the 3rd quarter worth approximately $33,000. Finally, Raiffeisen Bank International AG acquired a new stake in Seagate Technology during the 3rd quarter worth approximately $33,000. 92.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

STX has been the topic of several recent research reports. Barclays lifted their target price on shares of Seagate Technology from $370.00 to $425.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 28th. Rosenblatt Securities raised their price target on shares of Seagate Technology from $370.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Wells Fargo & Company raised their price target on shares of Seagate Technology from $360.00 to $450.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 28th. Wedbush raised their price target on shares of Seagate Technology from $290.00 to $380.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Finally, China Renaissance raised their price target on shares of Seagate Technology from $325.00 to $452.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Nineteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $505.79.

Key Headlines Impacting Seagate Technology

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

• Positive Sentiment: Wall Street earnings preview: Analysts expect Seagate to report strong growth and the setup points toward a likely earnings beat when STX reports next week — a near-term catalyst that can support the stock. Seagate (STX) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Bank of America raised its price target to $605 and boosted Seagate’s forward revenue and EPS estimates, signaling increased confidence in sustained demand into fiscal 2026 — a clear analyst endorsement that supports upside. Seagate Technology price target boosted by Bank of America ahead of quarterly report
• Positive Sentiment: AI/data-center theme: Industry pieces name Seagate as a primary beneficiary of the multi-year AI data-center buildout, reinforcing secular demand for storage capacity that underpins revenue visibility. 5 Stocks Positioned to Win the AI Data Center Buildout (STX)
• Positive Sentiment: Sector momentum: Forecasts on AI parts continue to point to upside for storage names like STX as data-center buildouts and component demand trend higher. SNDK, WDC and STX Forecasts – AI Parts Look to Rally
• Neutral Sentiment: Broad-market context: The Nasdaq’s recent win streak ended, creating short-term tech-sector volatility that could temper momentum for high-beta names like STX even as company-specific drivers remain positive. Nasdaq Finally Snaps Longest Win Streak Since 1992
• Negative Sentiment: UBS raised its price target to $515 but kept a Neutral rating — that PT sits below the current market level and may cap near-term upside while signaling some caution from a major desk. Benzinga coverage of UBS price-target move
• Negative Sentiment: Valuation and leverage concerns: Commentary highlighting STX’s large run (reported ~616% Y/Y) warns that the stock’s valuation looks stretched and that the company’s debt profile remains a risk if growth cools — key downsides investors should weigh. Seagate’s Massive 616% Run in a Year: Time to Buy, Sell, or Stay Put?

Seagate Technology Stock Up 3.7%

Seagate Technology stock opened at $559.90 on Wednesday. The company has a debt-to-equity ratio of 7.63, a quick ratio of 0.72 and a current ratio of 1.12. Seagate Technology Holdings PLC has a 52-week low of $74.60 and a 52-week high of $567.70. The firm has a 50 day moving average price of $428.10 and a two-hundred day moving average price of $339.13. The firm has a market cap of $122.10 billion, a price-to-earnings ratio of 63.34, a PEG ratio of 1.17 and a beta of 1.61.

Seagate Technology (NASDAQ:STX) last released its quarterly earnings results on Tuesday, January 27th. The data storage provider reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm 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 earned $2.03 EPS. The company’s revenue was up 21.5% compared to the same quarter last year. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. Equities analysts predict that Seagate Technology Holdings PLC will post 12.13 EPS for the current year.

Seagate Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 25th were given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Wednesday, March 25th. Seagate Technology’s payout ratio is presently 33.48%.

Insider Activity at Seagate Technology

In other news, CEO William D. Mosley sold 24,584 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $406.77, for a total transaction of $10,000,033.68. Following the transaction, the chief executive officer owned 375,591 shares of the company’s stock, valued at $152,779,151.07. This represents a 6.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ban Seng Teh sold 20,195 shares of the stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $442.29, for a total transaction of $8,932,046.55. Following the transaction, the executive vice president directly owned 3,092 shares in the company, valued at $1,367,560.68. This trade represents a 86.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 112,223 shares of company stock worth $46,711,217 over the last ninety days. 0.79% of the stock is owned by corporate insiders.

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.