Q3 EPS Estimates for Seagate Technology Cut by Wedbush

Seagate Technology Holdings plc (NASDAQ:STX) – Equities research analysts at Wedbush decreased their Q3 2025 earnings estimates for shares of Seagate Technology in a research note issued on Wednesday, January 22nd. Wedbush analyst M. Bryson now forecasts that the data storage provider will post earnings of $1.55 per share for the quarter, down from their previous estimate of $1.62. Wedbush has a “Outperform” rating and a $150.00 price objective 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.

Several other research analysts have also recently issued reports on the stock. Summit Insights raised shares of Seagate Technology from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Barclays raised their target price on Seagate Technology from $95.00 to $105.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 22nd. Bank of America boosted their price target on Seagate Technology from $124.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. Morgan Stanley dropped their price objective on shares of Seagate Technology from $133.00 to $129.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Finally, UBS Group increased their price target on shares of Seagate Technology from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $122.56.

Seagate Technology Stock Down 4.4 %

Shares of NASDAQ STX opened at $103.48 on Monday. Seagate Technology has a 52 week low of $82.31 and a 52 week high of $115.32. The business’s 50 day moving average price is $95.00 and its 200 day moving average price is $100.35. The firm has a market cap of $21.89 billion, a P/E ratio of 18.92 and a beta of 1.06.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Sei Investments Co. grew its holdings in shares of Seagate Technology by 33.7% in the second quarter. Sei Investments Co. now owns 14,484 shares of the data storage provider’s stock valued at $1,496,000 after purchasing an additional 3,647 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Seagate Technology by 26.1% in the second quarter. Thrivent Financial for Lutherans now owns 10,475 shares of the data storage provider’s stock valued at $1,081,000 after purchasing an additional 2,165 shares during the period. AQR Capital Management LLC increased its holdings in Seagate Technology by 519.1% during the 2nd quarter. AQR Capital Management LLC now owns 323,401 shares of the data storage provider’s stock worth $33,398,000 after purchasing an additional 271,160 shares during the period. APG Asset Management N.V. raised its position in Seagate Technology by 19.6% in the 2nd quarter. APG Asset Management N.V. now owns 228,392 shares of the data storage provider’s stock valued at $22,007,000 after purchasing an additional 37,446 shares in the last quarter. Finally, MBB Public Markets I LLC purchased a new position in shares of Seagate Technology in the 2nd quarter valued at about $1,505,000. 92.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Seagate Technology news, SVP Kian Fatt Chong sold 9,182 shares of Seagate Technology stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $105.50, for a total transaction of $968,701.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO William D. Mosley sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $99.53, for a total transaction of $1,990,600.00. Following the completion of the transaction, the chief executive officer now owns 642,497 shares in the company, valued at approximately $63,947,726.41. This represents a 3.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,073 shares of company stock worth $5,106,149. Insiders own 0.81% of the company’s stock.

Seagate Technology Announces Dividend

The company 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. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Wednesday, March 19th. Seagate Technology’s dividend payout ratio is currently 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.