Vanguard Group Inc. Has $7.74 Billion Stock Holdings in Seagate Technology Holdings PLC $STX

Key Points

• Vanguard Group trimmed its stake by 0.1% to 28,119,431 shares and now owns about 13.17% of Seagate, a holding valued at roughly $7.74 billion.
• Wall Street sentiment is broadly positive — brokers including Barclays upgraded STX to Buy and firms like Loop Capital raised targets (to $800) as analysts point to AI‑driven data‑storage demand and Seagate's new high‑capacity products.
• At the same time insiders have been net sellers: the EVP and CEO sold sizable blocks and insiders disposed of 111,550 shares worth $46.48M over the last quarter, leaving insiders with about 0.79% ownership.

Vanguard Group Inc. reduced its position in shares of Seagate Technology Holdings PLC (NASDAQ:STX - Free Report) by 0.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,119,431 shares of the data storage provider's stock after selling 20,856 shares during the period. Vanguard Group Inc. owned about 13.17% of Seagate Technology worth $7,743,810,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its holdings in Seagate Technology by 168.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 7,177 shares of the data storage provider's stock worth $610,000 after acquiring an additional 4,499 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Seagate Technology during the second quarter valued at $262,000. Cerity Partners LLC lifted its holdings in shares of Seagate Technology by 25.8% during the second quarter. Cerity Partners LLC now owns 36,682 shares of the data storage provider's stock worth $5,294,000 after purchasing an additional 7,517 shares during the period. Sei Investments Co. lifted its holdings in shares of Seagate Technology by 64.8% during the second quarter. Sei Investments Co. now owns 8,543 shares of the data storage provider's stock worth $1,233,000 after purchasing an additional 3,358 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Seagate Technology by 0.4% in the second quarter. The Manufacturers Life Insurance Company now owns 127,887 shares of the data storage provider's stock worth $18,458,000 after purchasing an additional 462 shares during the last quarter. Institutional investors and hedge funds own 92.87% of the company's stock.

Seagate Technology News Summary

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

• Positive Sentiment: Barclays upgraded STX to a Buy, citing additional upside in an AI‑driven rally and suggesting there's "another leg" to the move — a key driver of today’s bullish sentiment. Seagate Stock Upgraded To Buy
• Positive Sentiment: Loop Capital raised its price target on Seagate from $700 to $800 and maintained a Buy rating — a material upward revision that supports higher analyst-driven demand. Loop Capital Adjusts Price Target
• Positive Sentiment: Additional broker upgrades and positive notes (UBS/other outlets) are reinforcing the buy-side view that Seagate can capture share of growing data-storage demand tied to AI, gaming and creator workflows. Seagate Raised to Overweight at Barclays / UBS coverage
• Positive Sentiment: Seagate unveiled new high‑capacity consumer and prosumer storage products targeted at AI, gaming and creators — positioning the company to monetize rising data-demand and potentially lift revenue growth. Product details and positioning covered across BusinessWire, Forbes, Zacks and Yahoo. Seagate Introduces Storage Built for Consumer Data Explosion
• Neutral Sentiment: New single‑stock leveraged ETFs (Defiance’s 2x STXL and Tradr’s 200% ETFs) on STX were launched this week — these products increase speculative flows and intraday liquidity/volatility but don't change Seagate's fundamentals. Traders should expect larger short-term swings. Defiance Launches STXL
• Neutral Sentiment: Broader tech/mega-cap momentum (Apple and other Magnificent Seven names in earnings focus) is supporting sector sentiment; this macro tailwind can lift STX but is not a company‑specific catalyst. Apple Stock, Back In Growth Mode

Insider Activity at Seagate Technology

In related news, EVP Ban Seng Teh sold 20,195 shares of the stock in a transaction on Thursday, January 29th. The shares were 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 of the company's stock, valued at $1,367,560.68. This represents a 86.72% decrease in their ownership of the stock. The sale 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 24,584 shares of the firm's stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $406.77, for a total transaction of $10,000,033.68. Following the completion of the sale, the chief executive officer owned 375,591 shares of the company's stock, valued at $152,779,151.07. The trade was a 6.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 111,550 shares of company stock worth $46,476,441 over the last quarter. 0.79% of the stock is currently owned by insiders.

Seagate Technology Price Performance

Shares of NASDAQ:STX opened at $586.25 on Monday. Seagate Technology Holdings PLC has a 1 year low of $80.56 and a 1 year high of $607.89. The company has a debt-to-equity ratio of 7.63, a current ratio of 1.12 and a quick ratio of 0.72. The business's 50-day moving average is $437.89 and its 200-day moving average is $346.60. The company has a market capitalization of $127.84 billion, a price-to-earnings ratio of 66.32, a P/E/G ratio of 0.97 and a beta of 1.61.

Seagate Technology (NASDAQ:STX - Get Free Report) last released its 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 business had revenue of $2.83 billion during the quarter, compared to analysts' expectations of $2.73 billion. During the same quarter last year, the firm 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. Equities research analysts predict that Seagate Technology Holdings PLC will post 12.13 earnings per share for the current year.

Seagate Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 25th were paid a $0.74 dividend. The ex-dividend date was Wednesday, March 25th. This represents a $2.96 annualized dividend and a dividend yield of 0.5%. Seagate Technology's payout ratio is currently 33.48%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on STX. BNP Paribas Exane increased their price objective on Seagate Technology from $430.00 to $530.00 and gave the company an "outperform" rating in a report on Wednesday, February 4th. Zacks Research lowered Seagate Technology from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 30th. Citigroup increased their price target on Seagate Technology from $480.00 to $595.00 and gave the company a "buy" rating in a research note on Monday, April 13th. Evercore raised their price objective on Seagate Technology from $450.00 to $550.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 8th. Finally, Wells Fargo & Company lifted their price objective on Seagate Technology from $360.00 to $450.00 and gave the stock an "equal weight" rating in a research note on Wednesday, January 28th. Twenty investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $518.29.

Seagate Technology Company 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.

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