Zacks Research Has Pessimistic Outlook of STX Q4 Earnings

Seagate Technology Holdings plc (NASDAQ:STX) – Zacks Research cut their Q4 2025 earnings per share (EPS) estimates for shares of Seagate Technology in a report issued on Tuesday, February 11th. Zacks Research analyst R. Department now forecasts that the data storage provider will post earnings of $1.96 per share for the quarter, down from their prior estimate of $2.09. 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 Q2 2027 earnings at $2.67 EPS.

A number of other research analysts also recently issued reports on STX. Mizuho dropped their price target on shares of Seagate Technology from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. StockNews.com raised shares of Seagate Technology from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Summit Insights raised Seagate Technology from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Wedbush reissued an “outperform” rating and issued a $150.00 price objective on shares of Seagate Technology in a research note on Wednesday, January 22nd. Finally, Wells Fargo & Company decreased their target price on Seagate Technology from $120.00 to $110.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $122.56.

Seagate Technology Price Performance

Seagate Technology stock opened at $99.21 on Thursday. The firm has a market cap of $21.00 billion, a P/E ratio of 18.14 and a beta of 1.07. The stock’s 50 day moving average is $94.44 and its 200 day moving average is $99.63. Seagate Technology has a one year low of $82.31 and a one year high of $115.32.

Seagate Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders 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 2.90%. The ex-dividend date of this dividend is Wednesday, March 19th. Seagate Technology’s dividend payout ratio is 52.65%.

Insider Activity

In other news, CEO William D. Mosley sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was 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 directly owns 622,497 shares of the company’s stock, valued at $64,011,366.51. This represents a 3.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Yolanda Lee Conyers sold 750 shares of Seagate Technology stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $101.82, for a total value of $76,365.00. Following the sale, the director now owns 6,555 shares in the company, valued at $667,430.10. This trade represents a 10.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 20,891 shares of company stock worth $2,146,848 over the last quarter. Insiders own 0.81% of the company’s stock.

Hedge Funds Weigh In On Seagate Technology

Several institutional investors have recently added to or reduced their stakes in STX. Vanguard Group Inc. boosted its stake in Seagate Technology by 6.9% in the fourth quarter. Vanguard Group Inc. now owns 27,974,117 shares of the data storage provider’s stock valued at $2,414,446,000 after acquiring an additional 1,814,821 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Seagate Technology in the 3rd quarter worth approximately $133,031,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Seagate Technology by 341.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,308,958 shares of the data storage provider’s stock valued at $143,370,000 after purchasing an additional 1,012,638 shares during the last quarter. State Street Corp grew its holdings in Seagate Technology by 6.8% during the third quarter. State Street Corp now owns 8,502,674 shares of the data storage provider’s stock valued at $937,081,000 after purchasing an additional 541,585 shares during the period. Finally, National Pension Service bought a new position in Seagate Technology during the fourth quarter valued at $43,436,000. Institutional investors own 92.87% of the company’s stock.

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.