Western Digital Corporation $WDC Stock Position Lowered by Knights of Columbus Asset Advisors LLC

Posted by Brian Himes on Nov 12th, 2026

Knights of Columbus Asset Advisors LLC reduced its position in Western Digital Corporation (NASDAQ:WDC – Free Report) by 32.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 4,457 shares of the data storage provider’s stock after selling 2,182 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Western Digital were worth $2,026,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Dogwood Wealth Management LLC grew its stake in Western Digital by 28.6% during the 2nd quarter. Dogwood Wealth Management LLC now owns 90 shares of the data storage provider’s stock worth $57,000 after buying an additional 20 shares during the last quarter. Legacy Wealth Asset Management LLC lifted its stake in Western Digital by 1.0% in the second quarter. Legacy Wealth Asset Management LLC now owns 2,302 shares of the data storage provider’s stock valued at $1,470,000 after buying an additional 22 shares during the last quarter. Everpar Advisors LLC lifted its stake in Western Digital by 1.8% in the second quarter. Everpar Advisors LLC now owns 1,442 shares of the data storage provider’s stock valued at $921,000 after buying an additional 25 shares during the last quarter. Ares Financial Consulting LLC lifted its stake in Western Digital by 45.5% in the second quarter. Ares Financial Consulting LLC now owns 80 shares of the data storage provider’s stock valued at $51,000 after buying an additional 25 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Western Digital by 2.1% during the second quarter. Dynamic Advisor Solutions LLC now owns 1,390 shares of the data storage provider’s stock worth $888,000 after acquiring an additional 28 shares during the last quarter. 92.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WDC. TD Cowen reduced their price target on shares of Western Digital from $540.00 to $430.00 and set a “buy” rating for the company in a research report on Friday, October 23rd. Cantor Fitzgerald lowered their price objective on shares of Western Digital from $900.00 to $625.00 and set an “overweight” rating on the stock in a research report on Friday, October 23rd. Summit Insights downgraded shares of Western Digital from a “buy” rating to a “hold” rating in a research report on Thursday, August 6th. Argus dropped their price objective on shares of Western Digital from $600.00 to $500.00 and set a “buy” rating on the stock in a research note on Monday, October 26th. Finally, BNP Paribas Exane upped their target price on shares of Western Digital from $660.00 to $700.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $591.04.

Get Our Latest Research Report on WDC

Insider Buying and Selling at Western Digital

In other Western Digital news, insider Cynthia Tregillis sold 1,007 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $478.36, for a total transaction of $481,708.52. Following the completion of the transaction, the insider owned 112,155 shares in the company, valued at approximately $53,650,465.80. This represents a 0.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vidyadhara Gubbi sold 1,795 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $459.87, for a total transaction of $825,466.65. Following the transaction, the insider owned 80,571 shares of the company’s stock, valued at approximately $37,052,185.77. The trade was a 2.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,436 shares of company stock worth $2,440,664 over the last three months. 0.20% of the stock is currently owned by corporate insiders.

More Western Digital News

Investors following WDC have been watching these news items:

Positive Sentiment: Western Digital’s latest outlook calls for quarterly revenue of $5.1 billion and gross margins of up to 61%, reinforcing expectations for strong demand and profitability. Western Digital Stocks Climb as AI Storage Names Rebound
Positive Sentiment: A rebound across AI and storage hardware shares is helping WDC recover after a sharp pullback. Investors are also weighing its recent earnings beat, strong revenue growth, raised near-term outlook and dividend increase as signs of business momentum and cash generation. Why Western Digital Stock Is Up Today
Negative Sentiment: Risks include concerns about the sustainability and financing of AI infrastructure spending, which could affect expectations for data-center demand. A shareholder-law-firm investigation announced earlier this week is also a potential, though unsubstantiated, legal overhang. Shareholder Investigation Announcement

Western Digital Trading Up 8.3%

Shares of WDC stock opened at $313.31 on Thursday. The company has a market capitalization of $117.28 billion, a P/E ratio of 12.16, a price-to-earnings-growth ratio of 1.02 and a beta of 2.27. The business’s 50 day moving average is $397.39 and its two-hundred day moving average is $419.83. Western Digital Corporation has a twelve month low of $132.43 and a twelve month high of $799.87.

Western Digital (NASDAQ:WDC – Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The data storage provider reported $4.64 EPS for the quarter, topping the consensus estimate of $4.11 by $0.53. Western Digital had a return on equity of 55.62% and a net margin of 69.20%. The business had revenue of $4.38 billion during the quarter, compared to analysts’ expectations of $4.14 billion. During the same quarter in the prior year, the business earned $1.78 earnings per share. The company’s quarterly revenue was up 55.5% compared to the same quarter last year. As a group, equities analysts predict that Western Digital Corporation will post 23.62 earnings per share for the current fiscal year.

Western Digital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Friday, December 4th will be paid a $0.1750 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.70 annualized dividend and a yield of 0.2%. This is an increase from Western Digital’s previous quarterly dividend of $0.15. Western Digital’s dividend payout ratio is presently 2.72%.

Western Digital Company Profile

(Free Report)

Western Digital Corporation (NASDAQ: WDC) develops and supplies hard disk drives (HDDs) and related data-storage products. Its drives serve data centers and cloud providers, as well as businesses and consumers who need storage for computers, network-attached storage systems, surveillance and other applications. Its product brands include WD and Ultrastar. Founded in 1970, the company began as an electronics and semiconductor business before expanding into data storage. In February 2025, Western Digital completed the separation of its flash-memory business into the independently traded SanDisk Corporation, leaving Western Digital focused on HDDs.