Zacks Research Issues Negative Outlook for STX Earnings

Seagate Technology Holdings plc (NASDAQ:STX) – Stock analysts at Zacks Research reduced their Q3 2025 earnings estimates for Seagate Technology in a research note issued on Tuesday, February 11th. Zacks Research analyst R. Department now forecasts that the data storage provider will earn $1.50 per share for the quarter, down from their previous estimate of $1.59. 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 FY2025 earnings at $6.69 EPS, Q1 2026 earnings at $2.01 EPS, Q2 2026 earnings at $2.26 EPS, Q4 2026 earnings at $2.82 EPS, FY2026 earnings at $9.59 EPS, Q1 2027 earnings at $2.21 EPS and FY2027 earnings at $10.83 EPS.

A number of other equities research analysts also recently issued reports on STX. Citigroup increased their price objective on shares of Seagate Technology from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. Summit Insights upgraded shares of Seagate Technology from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Benchmark upgraded shares of Seagate Technology from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research note on Wednesday, January 22nd. Northland Securities reiterated an “outperform” rating and set a $160.00 price objective (up from $144.00) on shares of Seagate Technology in a research note on Wednesday, January 22nd. Finally, UBS Group increased their price objective on shares of Seagate Technology from $95.00 to $105.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $122.56.

Seagate Technology Stock Performance

STX stock opened at $101.47 on Friday. The company has a market capitalization of $21.48 billion, a PE ratio of 18.55 and a beta of 1.07. Seagate Technology has a 52 week low of $82.31 and a 52 week high of $115.32. The company’s 50-day simple moving average is $94.57 and its 200 day simple moving average is $99.63.

Institutional Trading of Seagate Technology

Large investors have recently modified their holdings of the stock. Ashton Thomas Securities LLC acquired a new stake in shares of Seagate Technology during the 3rd quarter worth approximately $26,000. Advisors Asset Management Inc. grew its position in Seagate Technology by 177.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 403 shares of the data storage provider’s stock valued at $44,000 after purchasing an additional 258 shares during the period. JFS Wealth Advisors LLC grew its position in Seagate Technology by 232.5% in the 3rd quarter. JFS Wealth Advisors LLC now owns 419 shares of the data storage provider’s stock valued at $46,000 after purchasing an additional 293 shares during the period. Harvest Fund Management Co. Ltd acquired a new stake in Seagate Technology in the 3rd quarter valued at $53,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Seagate Technology in the 3rd quarter valued at $54,000. Institutional investors and hedge funds own 92.87% of the company’s stock.

Insider Activity at Seagate Technology

In other Seagate Technology news, CEO William D. Mosley sold 20,000 shares of the 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 of the company’s stock, valued at approximately $64,011,366.51. This represents a 3.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Yolanda Lee Conyers sold 750 shares of the 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 sale, the director now directly owns 6,555 shares of the company’s stock, valued at $667,430.10. This represents a 10.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,891 shares of company stock worth $2,146,848 in the last quarter. 0.81% of the stock is owned by insiders.

Seagate Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be issued a $0.72 dividend. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $2.88 dividend on an annualized basis and a yield of 2.84%. Seagate Technology’s dividend payout ratio (DPR) is presently 52.65%.

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.