HTG Investment Advisors Inc. Makes New Investment in Seagate Technology Holdings PLC $STX

HTG Investment Advisors Inc. acquired a new position in shares of Seagate Technology Holdings PLC (NASDAQ:STX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 800 shares of the data storage provider’s stock, valued at approximately $220,000.

Other institutional investors have also recently bought and sold shares of the company. WCM Investment Management LLC acquired a new stake in shares of Seagate Technology during the 3rd quarter valued at about $1,187,621,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Seagate Technology by 1,072.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,949,512 shares of the data storage provider’s stock valued at $696,262,000 after buying an additional 2,697,957 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of 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 buying an additional 1,883,769 shares during the last quarter. Soroban Capital Partners LP lifted its holdings in shares of Seagate Technology by 1,468.1% during the 2nd quarter. Soroban Capital Partners LP now owns 1,417,600 shares of the data storage provider’s stock valued at $204,602,000 after buying an additional 1,327,197 shares during the last quarter. Finally, Trivest Advisors Ltd acquired a new stake in shares of Seagate Technology during the 3rd quarter valued at about $170,435,000. 92.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on STX. Loop Capital lifted their price target on Seagate Technology from $700.00 to $800.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. The Goldman Sachs Group lifted their price target on Seagate Technology from $385.00 to $700.00 and gave the company a “buy” rating in a report on Wednesday. Cantor Fitzgerald lifted their price target on Seagate Technology from $700.00 to $1,000.00 and gave the company an “overweight” rating in a report on Wednesday. Evercore lifted their price target on Seagate Technology from $550.00 to $750.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Robert W. Baird lifted their price target on Seagate Technology from $270.00 to $505.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Twenty analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Seagate Technology has a consensus rating of “Moderate Buy” and a consensus target price of $709.13.

Insider Buying and Selling

In related news, EVP Kian Fatt Chong sold 5,846 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $416.48, for a total value of $2,434,742.08. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO William D. Mosley sold 24,584 shares of the firm’s stock in a transaction that occurred on 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. The trade was a 6.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 90,430 shares of company stock worth $37,129,976 over the last three months. 0.79% of the stock is owned by company insiders.

Key Headlines Impacting Seagate Technology

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

• Positive Sentiment: Q3 earnings beat and AI-driven guidance—Seagate reported a big EPS/revenue beat and raised forward outlook, which investors interpret as confirmation that AI data-center spending is lifting demand for high-performance HDD and enterprise storage. Seagate stock surges after Q3 earnings — why the rally may continue
• Positive Sentiment: Large price-target upgrades—Sanford C. Bernstein lifted its PT to $1,000 (outperform) and Argus bumped its PT to $750 (buy), signaling strong sell‑side conviction that STX will benefit from the AI capex cycle. Bernstein adjusts Seagate price target to $1,000 Argus raises Seagate PT to $750
• Positive Sentiment: Industry confirmation of AI storage demand—Peers (Sandisk, Western Digital) and multiple analyst notes say Big Tech will spend heavily on AI infrastructure through 2026, boosting demand for storage components. That macro tailwind is central to the bullish thesis for STX. Sandisk joins Western Digital, Seagate in signaling strong AI storage demand
• Positive Sentiment: High-profile endorsements and coverage—Jim Cramer and multiple analyst blogs are spotlighting Seagate as a direct beneficiary of constrained supply vs. booming demand for AI storage, attracting retail and institutional attention. Jim Cramer Says “Seagate’s Been a Horse for Ages Now”
• Neutral Sentiment: Company product/service news—Seagate refreshed storage product lines aimed at high-resolution media and AI workflows, reinforcing the growth story but not an immediate earnings surprise. Seagate launches refreshed storage lineup
• Neutral Sentiment: Sector volatility—After Seagate-led rallies, peers have shown volatile post-earnings trading (e.g., Sandisk/WDC slipped despite strong forecasts), highlighting event-driven swings even as structural demand remains. Red-Hot AI Stock Western Digital Slides Late Despite Earnings Beat
• Neutral Sentiment: Media/attention items—Stories on “AI tokens” and pieces asking whether it’s too late to buy reflect heightened retail interest and sentiment momentum, which can amplify moves but add noise. Seagate stock has everyone talking about AI tokens Is It Too Late To Consider Seagate After Its Recent AI Storage-Fueled Surge?
• Negative Sentiment: Valuation and cycle risk—Analyst commentaries warn Seagate may be trading at peak earnings multiples tied to a hyperscaler capex cycle that could slow after FY26/FY27; that raises downside risk if AI capex moderates. Seagate: The Biggest Risk Is Buying At The Top Of The Industry Capex Cycle

Seagate Technology Stock Up 7.9%

Shares of STX stock opened at $726.93 on Friday. The stock’s 50 day simple moving average is $454.23 and its 200 day simple moving average is $356.06. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.72 and a current ratio of 1.33. Seagate Technology Holdings PLC has a twelve month low of $91.29 and a twelve month high of $728.00. The company has a market capitalization of $158.52 billion, a price-to-earnings ratio of 68.97, a PEG ratio of 1.09 and a beta of 1.61.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings data on Tuesday, April 28th. The data storage provider reported $4.10 earnings per share for the quarter, beating 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 last year, the business earned $1.90 EPS. The firm’s revenue was up 44.1% compared to the same quarter last year. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. As a group, research analysts predict that Seagate Technology Holdings PLC will post 12.47 EPS for the current year.

Seagate Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 24th will be paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, June 24th. Seagate Technology’s dividend payout ratio (DPR) is presently 28.08%.

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.