Northland Capmk Issues Optimistic Forecast for STX Earnings

Seagate Technology Holdings plc (NASDAQ:STX) – Analysts at Northland Capmk boosted their Q2 2025 EPS estimates for Seagate Technology in a note issued to investors on Wednesday, October 23rd. Northland Capmk analyst G. Richard now anticipates that the data storage provider will post earnings per share of $1.69 for the quarter, up from their previous forecast of $1.53. The consensus estimate for Seagate Technology’s current full-year earnings is $7.35 per share. Northland Capmk also issued estimates for Seagate Technology’s Q3 2025 earnings at $1.77 EPS, Q4 2025 earnings at $1.81 EPS, FY2025 earnings at $6.67 EPS, Q1 2026 earnings at $1.96 EPS, Q2 2026 earnings at $2.40 EPS, Q3 2026 earnings at $2.41 EPS, Q4 2026 earnings at $2.55 EPS and FY2026 earnings at $9.34 EPS.

A number of other research analysts also recently commented on the company. Susquehanna boosted their target price on Seagate Technology from $55.00 to $65.00 and gave the company a “negative” rating in a research note on Wednesday, July 24th. Citigroup raised their price target on shares of Seagate Technology from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Rosenblatt Securities increased their target price on shares of Seagate Technology from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Robert W. Baird upped their price target on Seagate Technology from $100.00 to $120.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 24th. Finally, Morgan Stanley boosted their target price on Seagate Technology from $115.00 to $133.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $118.83.

Seagate Technology Stock Up 0.0 %

STX stock opened at $101.33 on Monday. The company has a 50 day moving average of $105.10 and a two-hundred day moving average of $99.92. Seagate Technology has a 12-month low of $66.93 and a 12-month high of $115.32. The company has a market cap of $21.28 billion, a price-to-earnings ratio of -78.55 and a beta of 1.04.

Seagate Technology (NASDAQ:STX) last posted its quarterly earnings results on Tuesday, October 22nd. The data storage provider reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.28. Seagate Technology had a negative return on equity of 32.19% and a net margin of 11.34%. The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same period in the previous year, the firm earned ($0.34) earnings per share. Seagate Technology’s quarterly revenue was up 49.1% on a year-over-year basis.

Institutional Trading of Seagate Technology

A number of large investors have recently made changes to their positions in STX. Vestor Capital LLC increased its position in shares of Seagate Technology by 55.5% during the third quarter. Vestor Capital LLC now owns 689 shares of the data storage provider’s stock worth $75,000 after acquiring an additional 246 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Seagate Technology by 13.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 73,064 shares of the data storage provider’s stock worth $8,003,000 after purchasing an additional 8,944 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Seagate Technology by 5.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,954 shares of the data storage provider’s stock valued at $543,000 after purchasing an additional 250 shares during the period. Gladstone Institutional Advisory LLC lifted its holdings in shares of Seagate Technology by 25.6% in the third quarter. Gladstone Institutional Advisory LLC now owns 5,078 shares of the data storage provider’s stock valued at $556,000 after purchasing an additional 1,036 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of Seagate Technology by 2.0% during the third quarter. US Bancorp DE now owns 17,508 shares of the data storage provider’s stock worth $1,918,000 after buying an additional 335 shares in the last quarter. Institutional investors own 92.87% of the company’s stock.

Insiders Place Their Bets

In related news, Director Yolanda Lee Conyers sold 750 shares of Seagate Technology stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $96.10, for a total value of $72,075.00. Following the completion of the transaction, the director now directly owns 3,034 shares of the company’s stock, valued at $291,567.40. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Seagate Technology news, CEO William D. Mosley sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $93.46, for a total transaction of $1,869,200.00. Following the transaction, the chief executive officer now owns 654,270 shares in the company, valued at approximately $61,148,074.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Yolanda Lee Conyers sold 750 shares of the company’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $96.10, for a total value of $72,075.00. Following the completion of the sale, the director now directly owns 3,034 shares of the company’s stock, valued at approximately $291,567.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 218,398 shares of company stock valued at $23,238,106. 0.89% of the stock is currently owned by insiders.

Seagate Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Sunday, December 15th will be issued a dividend of $0.72 per share. This is an increase from Seagate Technology’s previous quarterly dividend of $0.70. This represents a $2.88 annualized dividend and a yield of 2.84%. The ex-dividend date is Friday, December 13th. Seagate Technology’s dividend payout ratio (DPR) is currently -223.26%.

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.