Q3 EPS Estimates for Seagate Technology Cut by Wedbush

Seagate Technology Holdings plc (NASDAQ:STX) – Analysts at Wedbush cut their Q3 2025 earnings per share (EPS) estimates for Seagate Technology in a note issued to investors on Wednesday, January 22nd. Wedbush analyst M. Bryson now expects that the data storage provider will post earnings per share of $1.55 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.

Other analysts have also recently issued reports about the stock. UBS Group upped their target price on shares of Seagate Technology from $95.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, January 22nd. Benchmark raised Seagate Technology from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research report on Wednesday, January 22nd. The Goldman Sachs Group lowered their price target on Seagate Technology from $112.00 to $99.00 and set a “neutral” rating for the company in a research report on Friday, January 10th. Cantor Fitzgerald reiterated a “neutral” rating and set a $120.00 price objective on shares of Seagate Technology in a research report on Wednesday, January 22nd. Finally, Citigroup raised their target price on shares of Seagate Technology from $120.00 to $125.00 and gave the stock a “buy” rating in a 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 given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $122.56.

Seagate Technology Stock Performance

NASDAQ STX opened at $100.27 on Monday. Seagate Technology has a one year low of $82.31 and a one year high of $115.32. The stock has a 50 day moving average price of $95.17 and a 200-day moving average price of $100.28. The company has a market capitalization of $21.21 billion, a P/E ratio of 18.33 and a beta of 1.06.

Institutional Investors Weigh In On Seagate Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STX. Sequoia Financial Advisors LLC lifted its holdings in Seagate Technology by 3.6% in the third quarter. Sequoia Financial Advisors LLC now owns 2,560 shares of the data storage provider’s stock valued at $281,000 after acquiring an additional 89 shares during the period. Affinity Capital Advisors LLC increased its holdings in Seagate Technology by 1.5% in the third quarter. Affinity Capital Advisors LLC now owns 6,620 shares of the data storage provider’s stock valued at $725,000 after buying an additional 100 shares in the last quarter. Berkshire Bank boosted its stake in shares of Seagate Technology by 2.6% during the 4th quarter. Berkshire Bank now owns 4,118 shares of the data storage provider’s stock worth $355,000 after acquiring an additional 103 shares in the last quarter. MWA Asset Management increased its stake in shares of Seagate Technology by 0.5% in the 4th quarter. MWA Asset Management now owns 19,636 shares of the data storage provider’s stock valued at $1,695,000 after purchasing an additional 104 shares in the last quarter. Finally, My Legacy Advisors LLC raised its holdings in Seagate Technology by 3.9% in the 4th quarter. My Legacy Advisors LLC now owns 3,113 shares of the data storage provider’s stock worth $294,000 after purchasing an additional 118 shares during the period. 92.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO William D. Mosley sold 20,000 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $99.53, for a total transaction of $1,990,600.00. Following the sale, the chief executive officer now directly owns 642,497 shares of the company’s stock, valued at $63,947,726.41. The trade was a 3.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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. Insiders sold a total of 50,073 shares of company stock worth $5,106,149 in the last 90 days. 0.81% of the stock is owned by corporate insiders.

Seagate Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend is Wednesday, March 19th. Seagate Technology’s payout ratio is currently 52.65%.

Seagate Technology Company Profile

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.