Q3 EPS Estimates for Seagate Technology Reduced by Wedbush

Seagate Technology Holdings plc (NASDAQ:STX) – Wedbush cut their Q3 2025 earnings per share (EPS) estimates for Seagate Technology in a research note issued to investors 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.

Other equities research analysts also recently issued research reports about the company. Evercore ISI upped their price target on Seagate Technology from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Northland Securities restated an “outperform” rating and issued a $160.00 target price (up previously from $144.00) on shares of Seagate Technology in a research note on Wednesday, January 22nd. UBS Group lifted their price target on Seagate Technology from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, January 22nd. 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 report on Thursday, January 16th. Finally, The Goldman Sachs Group cut their price target on shares of Seagate Technology from $112.00 to $99.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $122.56.

Seagate Technology Stock Performance

Shares of NASDAQ STX opened at $108.19 on Monday. The firm’s 50-day simple moving average is $95.00 and its 200 day simple moving average is $100.35. The stock has a market cap of $22.89 billion, a price-to-earnings ratio of 19.78 and a beta of 1.06. Seagate Technology has a fifty-two week low of $82.31 and a fifty-two week high of $115.32.

Hedge Funds Weigh In On Seagate Technology

Several hedge funds and other institutional investors have recently modified their holdings of STX. Ashton Thomas Securities LLC bought a new stake in shares of Seagate Technology in the 3rd quarter worth approximately $26,000. Quarry LP purchased a new position in shares of Seagate Technology in the 2nd quarter worth about $27,000. Advisors Asset Management Inc. raised its position in shares of Seagate Technology by 177.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 403 shares of the data storage provider’s stock worth $44,000 after purchasing an additional 258 shares during the last quarter. JFS Wealth Advisors LLC grew its position in Seagate Technology by 232.5% during the 3rd quarter. JFS Wealth Advisors LLC now owns 419 shares of the data storage provider’s stock valued at $46,000 after purchasing an additional 293 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new stake in Seagate Technology during the 3rd quarter valued at about $53,000. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Insider Transactions at Seagate Technology

In related news, Director Yolanda Lee Conyers sold 750 shares of the firm’s stock in a transaction dated 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 directly owns 6,555 shares of the company’s stock, valued at $667,430.10. This trade represents a 10.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Kian Fatt Chong sold 9,182 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.50, for a total value of $968,701.00. The disclosure for this sale can be found here. In the last three months, insiders sold 50,073 shares of company stock worth $5,106,149. 0.81% of the stock is currently owned by corporate insiders.

Seagate Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend is Wednesday, March 19th. Seagate Technology’s dividend payout ratio (DPR) 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.