Zacks Research Issues Pessimistic Forecast for STX Earnings

Seagate Technology Holdings plc (NASDAQ:STX) – Research analysts at Zacks Research dropped their Q4 2025 earnings per share estimates for Seagate Technology in a report issued on Tuesday, February 11th. Zacks Research analyst R. Department now anticipates that the data storage provider will post earnings per share of $1.96 for the quarter, down from their prior estimate of $2.09. The consensus estimate for Seagate Technology’s current full-year earnings is $6.82 per share. Zacks Research also issued estimates for Seagate Technology’s Q2 2027 earnings at $2.67 EPS.

Other equities research analysts also recently issued research reports about the company. Bank of America raised their price target on Seagate Technology from $124.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. Rosenblatt Securities raised their target price on shares of Seagate Technology from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. The Goldman Sachs Group decreased their price target on shares of Seagate Technology from $112.00 to $99.00 and set a “neutral” rating on the stock in a research note on Friday, January 10th. Evercore ISI raised their price objective on shares of Seagate Technology from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $120.00 target price on shares of Seagate Technology in a research report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $122.56.

Seagate Technology Stock Up 1.4 %

STX opened at $99.21 on Thursday. Seagate Technology has a 12-month low of $82.31 and a 12-month high of $115.32. The business has a 50 day moving average of $94.44 and a 200-day moving average of $99.63. The stock has a market cap of $21.00 billion, a price-to-earnings ratio of 18.14 and a beta of 1.07.

Seagate Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be given a dividend of $0.72 per share. The ex-dividend date is Wednesday, March 19th. This represents a $2.88 annualized dividend and a dividend yield of 2.90%. Seagate Technology’s dividend payout ratio is 52.65%.

Insider Activity at Seagate Technology

In related news, Director Yolanda Lee Conyers sold 750 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $101.82, for a total transaction of $76,365.00. Following the completion of the transaction, the director now directly owns 6,555 shares in the company, valued at $667,430.10. This represents a 10.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO William D. Mosley sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $102.83, for a total transaction of $2,056,600.00. Following the completion of the sale, the chief executive officer now owns 622,497 shares in the company, valued at $64,011,366.51. This represents a 3.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,891 shares of company stock valued at $2,146,848 over the last three months. 0.81% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of STX. Vanguard Group Inc. grew its position in Seagate Technology by 6.9% during the 4th quarter. Vanguard Group Inc. now owns 27,974,117 shares of the data storage provider’s stock worth $2,414,446,000 after acquiring an additional 1,814,821 shares during the last quarter. Sanders Capital LLC grew its holdings in shares of Seagate Technology by 0.9% during the third quarter. Sanders Capital LLC now owns 16,367,591 shares of the data storage provider’s stock worth $1,792,742,000 after purchasing an additional 150,115 shares during the last quarter. State Street Corp increased its stake in shares of Seagate Technology by 6.8% in the third quarter. State Street Corp now owns 8,502,674 shares of the data storage provider’s stock valued at $937,081,000 after buying an additional 541,585 shares during the period. Geode Capital Management LLC raised its holdings in Seagate Technology by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 4,295,225 shares of the data storage provider’s stock valued at $370,013,000 after buying an additional 132,713 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in Seagate Technology by 5.7% during the 4th quarter. Franklin Resources Inc. now owns 1,879,855 shares of the data storage provider’s stock worth $162,250,000 after buying an additional 101,044 shares during the period. 92.87% of the stock is currently owned by institutional investors.

About Seagate Technology

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.