Private Trust Co. NA Has $237,000 Holdings in Seagate Technology Holdings PLC $STX

Private Trust Co. NA boosted its stake in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 72.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,643 shares of the data storage provider’s stock after buying an additional 692 shares during the quarter. Private Trust Co. NA’s holdings in Seagate Technology were worth $237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Personal CFO Solutions LLC acquired a new position in Seagate Technology during the 1st quarter valued at $223,000. Amalgamated Bank raised its stake in Seagate Technology by 0.8% during the 1st quarter. Amalgamated Bank now owns 29,964 shares of the data storage provider’s stock valued at $2,545,000 after purchasing an additional 243 shares during the last quarter. Retirement Planning Co of New England Inc. acquired a new position in Seagate Technology during the 1st quarter valued at $272,000. Alps Advisors Inc. raised its stake in Seagate Technology by 10.2% during the 1st quarter. Alps Advisors Inc. now owns 278,831 shares of the data storage provider’s stock valued at $23,687,000 after purchasing an additional 25,817 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in Seagate Technology by 21.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 61,263 shares of the data storage provider’s stock valued at $8,886,000 after purchasing an additional 10,847 shares during the last quarter. 92.87% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Seagate Technology news, CEO William D. Mosley sold 20,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $249.90, for a total transaction of $4,998,000.00. Following the sale, the chief executive officer owned 485,668 shares of the company’s stock, valued at $121,368,433.20. This represents a 3.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John Christopher Morris sold 377 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $211.26, for a total transaction of $79,645.02. Following the sale, the executive vice president directly owned 13,238 shares in the company, valued at approximately $2,796,659.88. This represents a 2.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 75,620 shares of company stock worth $14,464,056 in the last quarter. 0.79% of the stock is owned by corporate insiders.

Seagate Technology Stock Performance

STX opened at $214.40 on Tuesday. The firm’s 50-day simple moving average is $199.34 and its 200-day simple moving average is $146.99. Seagate Technology Holdings PLC has a twelve month low of $63.19 and a twelve month high of $264.83. The firm has a market cap of $45.66 billion, a price-to-earnings ratio of 31.67, a PEG ratio of 1.01 and a beta of 1.63.

Seagate Technology (NASDAQ:STX) last posted its earnings results on Tuesday, July 29th. The data storage provider reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.14. Seagate Technology had a net margin of 16.15% and a negative return on equity of 169.60%. The business had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The firm’s quarterly revenue was up 29.5% compared to the same quarter last year. Seagate Technology has set its Q1 2026 guidance at 2.100-2.500 EPS. As a group, sell-side analysts anticipate that Seagate Technology Holdings PLC will post 6.83 EPS for the current fiscal year.

Seagate Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Tuesday, September 30th were issued a $0.72 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.88 annualized dividend and a dividend yield of 1.3%. Seagate Technology’s dividend payout ratio is presently 42.54%.

Analyst Ratings Changes

STX has been the topic of several analyst reports. Robert W. Baird boosted their price target on shares of Seagate Technology from $120.00 to $188.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Barclays boosted their price target on shares of Seagate Technology from $180.00 to $200.00 and gave the company an “equal weight” rating in a report on Thursday, September 11th. Evercore ISI boosted their price target on shares of Seagate Technology from $160.00 to $330.00 and gave the company an “outperform” rating in a report on Monday, October 13th. Bank of America boosted their price target on shares of Seagate Technology from $215.00 to $255.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. Finally, Benchmark boosted their price target on shares of Seagate Technology from $165.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Seagate Technology currently has an average rating of “Moderate Buy” and a consensus price target of $233.40.

Seagate Technology 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.