Q3 EPS Estimates for Seagate Technology Decreased by Wedbush

Seagate Technology Holdings plc (NASDAQ:STX) – Analysts at Wedbush reduced their Q3 2025 EPS estimates for Seagate Technology in a research note issued to investors on Wednesday, January 22nd. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings of $1.55 per share for the quarter, down from their prior forecast of $1.62. Wedbush currently has a “Outperform” rating and a $150.00 target price on the stock. The consensus estimate for Seagate Technology’s current full-year earnings is $6.92 per share. Wedbush also issued estimates for Seagate Technology’s Q4 2025 earnings at $2.37 EPS, FY2025 earnings at $7.14 EPS, Q1 2026 earnings at $2.62 EPS, Q2 2026 earnings at $3.02 EPS, Q4 2026 earnings at $4.02 EPS and FY2026 earnings at $13.14 EPS.

A number of other brokerages have also issued reports on STX. Wells Fargo & Company dropped their price target on Seagate Technology from $120.00 to $110.00 and set an “equal weight” rating for the company in a research report on Thursday, January 16th. UBS Group raised their price target 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. Barclays boosted their price target on shares of Seagate Technology from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 22nd. Benchmark raised shares of Seagate Technology from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research note on Wednesday, January 22nd. Finally, Susquehanna upped their price target on Seagate Technology from $65.00 to $68.00 and gave the company a “negative” rating in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, Seagate Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $122.56.

Seagate Technology Trading Down 3.1 %

NASDAQ:STX opened at $100.27 on Monday. The stock has a 50 day moving average of $95.17 and a two-hundred day moving average of $100.28. Seagate Technology has a 12 month low of $82.31 and a 12 month high of $115.32. The firm has a market cap of $21.21 billion, a P/E ratio of 18.33 and a beta of 1.06.

Institutional Investors Weigh In On Seagate Technology

A number of hedge funds and other institutional investors have recently modified their holdings of STX. Kestra Private Wealth Services LLC boosted its holdings in Seagate Technology by 3.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 28,173 shares of the data storage provider’s stock valued at $2,432,000 after purchasing an additional 818 shares in the last quarter. Entropy Technologies LP grew its position in shares of Seagate Technology by 434.0% in the 4th quarter. Entropy Technologies LP now owns 40,677 shares of the data storage provider’s stock valued at $3,511,000 after buying an additional 33,060 shares during the last quarter. Empowered Funds LLC raised its stake in Seagate Technology by 460.8% during the 4th quarter. Empowered Funds LLC now owns 18,361 shares of the data storage provider’s stock worth $1,585,000 after acquiring an additional 15,087 shares in the last quarter. Apollon Wealth Management LLC lifted its position in Seagate Technology by 5.7% in the fourth quarter. Apollon Wealth Management LLC now owns 12,887 shares of the data storage provider’s stock valued at $1,112,000 after acquiring an additional 693 shares during the last quarter. Finally, MWA Asset Management boosted its stake in Seagate Technology by 0.5% in the fourth quarter. MWA Asset Management now owns 19,636 shares of the data storage provider’s stock valued at $1,695,000 after acquiring an additional 104 shares in the last quarter. 92.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Seagate Technology

In other Seagate Technology news, SVP Kian Fatt Chong sold 9,182 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.50, for a total transaction of $968,701.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO William D. Mosley sold 20,000 shares of Seagate Technology stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $102.83, for a total value of $2,056,600.00. Following the completion of the transaction, the chief executive officer now owns 622,497 shares of the company’s stock, valued at $64,011,366.51. The trade was a 3.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,073 shares of company stock valued at $5,106,149 in the last three months. 0.81% of the stock is owned by corporate insiders.

Seagate Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend is Wednesday, March 19th. Seagate Technology’s dividend payout ratio (DPR) is 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.