WINTON GROUP Ltd Has $3.94 Million Stock Position in Seagate Technology Holdings PLC $STX

Key Points

• WINTON GROUP cut its Seagate stake by 68.9%, selling 36,956 shares and retaining 16,696 shares worth $3.94M, while overall institutional ownership is 92.87% as firms like Vanguard and State Street increased or added large positions.
• Seagate beat estimates with $3.11 EPS vs. $2.77 and revenue of $2.83B (+21.5% YoY), set Q3 2026 guidance of 3.20–3.60 EPS, and the stock jumped ~6.1% amid multiple analyst price-target upgrades (consensus target $447.35).
• The company declared a quarterly dividend of $0.74 per share (annual $2.96, yield 0.8%), even as insiders sold roughly 89,051 shares (~$34.4M) last quarter, including recent sales by the EVP and CEO.

WINTON GROUP Ltd lowered its position in Seagate Technology Holdings PLC (NASDAQ:STX - Free Report) by 68.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,696 shares of the data storage provider's stock after selling 36,956 shares during the quarter. WINTON GROUP Ltd's holdings in Seagate Technology were worth $3,941,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Seagate Technology by 1.6% during the third quarter. Vanguard Group Inc. now owns 28,140,287 shares of the data storage provider's stock valued at $6,642,796,000 after purchasing an additional 442,749 shares during the period. State Street Corp raised its stake in shares of Seagate Technology by 5.0% in the second quarter. State Street Corp now owns 9,001,365 shares of the data storage provider's stock valued at $1,305,499,000 after purchasing an additional 432,455 shares in the last quarter. WCM Investment Management LLC bought a new position in Seagate Technology in the third quarter worth $1,187,621,000. Geode Capital Management LLC lifted its position in Seagate Technology by 1.9% in the second quarter. Geode Capital Management LLC now owns 4,567,181 shares of the data storage provider's stock worth $656,066,000 after purchasing an additional 85,660 shares during the period. Finally, Soroban Capital Partners LP boosted its stake in Seagate Technology by 1,468.1% during the second quarter. Soroban Capital Partners LP now owns 1,417,600 shares of the data storage provider's stock worth $204,602,000 after buying an additional 1,327,197 shares in the last quarter. Institutional investors and hedge funds own 92.87% of the company's stock.

Seagate Technology Trading Up 6.1%

Shares of STX opened at $374.33 on Tuesday. The company has a debt-to-equity ratio of 7.63, a quick ratio of 0.72 and a current ratio of 1.12. The company has a market cap of $81.63 billion, a price-to-earnings ratio of 42.35, a PEG ratio of 0.78 and a beta of 1.61. The stock has a fifty day moving average price of $370.05 and a two-hundred day moving average price of $286.06. Seagate Technology Holdings PLC has a 52-week low of $63.19 and a 52-week high of $459.84.

Seagate Technology (NASDAQ:STX - Get Free Report) last announced 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 company had revenue of $2.83 billion for the quarter, compared to analysts' expectations of $2.73 billion. During the same quarter in the prior year, the business earned $2.03 earnings per share. The business's revenue for the quarter was up 21.5% on a year-over-year basis. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. Analysts predict that Seagate Technology Holdings PLC will post 6.83 EPS for the current fiscal year.

Seagate Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 25th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.96 dividend on an annualized basis and a yield of 0.8%. Seagate Technology's dividend payout ratio is currently 33.48%.

Insider Activity

In other Seagate Technology news, EVP Ban Seng Teh sold 20,195 shares of the firm's stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $442.29, for a total value of $8,932,046.55. Following the completion of the sale, the executive vice president owned 3,092 shares in the company, valued at approximately $1,367,560.68. This trade represents a 86.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO William D. Mosley sold 20,000 shares of the business's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $384.76, for a total transaction of $7,695,200.00. Following the completion of the transaction, the chief executive officer directly owned 395,897 shares of the company's stock, valued at approximately $152,325,329.72. This represents a 4.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 89,051 shares of company stock worth $34,430,409. 0.79% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

STX has been the subject of a number of recent research reports. Loop Capital increased their price objective on shares of Seagate Technology from $465.00 to $700.00 and gave the company a "buy" rating in a research note on Monday, February 9th. Citigroup lifted their target price on shares of Seagate Technology from $460.00 to $480.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Robert W. Baird upped their target price on shares of Seagate Technology from $270.00 to $505.00 and gave the company an "outperform" rating in a research note on Thursday, January 29th. Jefferies Financial Group restated a "hold" rating on shares of Seagate Technology in a research note on Wednesday, February 4th. Finally, KeyCorp set a $500.00 price objective on Seagate Technology in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $447.35.

Seagate Technology 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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