Global Retirement Partners LLC Has $623,000 Holdings in Seagate Technology Holdings PLC $STX

Posted by Francis Steltz on May 28th, 2026

Global Retirement Partners LLC increased its stake in shares of Seagate Technology Holdings PLC (NASDAQ:STX – Free Report) by 154.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,263 shares of the data storage provider’s stock after purchasing an additional 1,375 shares during the period. Global Retirement Partners LLC’s holdings in Seagate Technology were worth $623,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in STX. WCM Investment Management LLC acquired a new stake in shares of Seagate Technology during the third quarter worth $1,187,621,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Seagate Technology by 1,072.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,949,512 shares of the data storage provider’s stock valued at $696,262,000 after purchasing an additional 2,697,957 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Seagate Technology by 1,510.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,008,516 shares of the data storage provider’s stock valued at $553,125,000 after purchasing an additional 1,883,769 shares in the last quarter. Soroban Capital Partners LP lifted its holdings in shares of Seagate Technology by 1,468.1% in the second quarter. Soroban Capital Partners LP now owns 1,417,600 shares of the data storage provider’s stock valued at $204,602,000 after purchasing an additional 1,327,197 shares in the last quarter. Finally, Trivest Advisors Ltd bought a new stake in Seagate Technology during the third quarter worth about $170,435,000. 92.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Ban Seng Teh sold 8,003 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $817.28, for a total value of $6,540,691.84. Following the completion of the sale, the executive vice president directly owned 3,691 shares in the company, valued at $3,016,580.48. This trade represents a 68.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Gianluca Romano sold 1,902 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $770.00, for a total value of $1,464,540.00. Following the completion of the sale, the chief financial officer owned 40,945 shares of the company’s stock, valued at approximately $31,527,650. This represents a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 142,437 shares of company stock worth $86,093,575 over the last 90 days. 0.79% of the stock is owned by company insiders.

Seagate Technology News Roundup

Here are the key news stories impacting Seagate Technology this week:

Positive Sentiment: Barclays raised its price target on Seagate Technology to $1,000 from $750 and reiterated an overweight rating, signaling continued confidence in the company’s growth outlook and suggesting more upside potential for the shares. Benzinga
Positive Sentiment: Analysts are highlighting Seagate’s AI-driven storage demand, strong cash flow, and HAMR technology as key growth drivers, with comparisons suggesting STX is better positioned than some peers facing softer IT spending and cloud headwinds. Zacks
Positive Sentiment: A Zacks piece on memory and storage stocks points to booming AI demand and tighter chip supply as supportive for Seagate, reinforcing the bullish narrative around storage hardware beneficiaries. Zacks
Neutral Sentiment: Seagate presented at TD Cowen’s technology conference, but no major new catalyst was included in the transcript headline alone, so the near-term stock impact appears limited unless management offered fresh guidance or commentary. Seeking Alpha
Neutral Sentiment: Seagate’s note exchange activity to retire some convertible debt could improve its capital structure, but the deal also used ordinary shares, making the overall market reaction less clear. Yahoo Finance
Negative Sentiment: The same debt-related article notes insider selling under pre-arranged plans, which can sometimes weigh on sentiment even if the sales are not necessarily a sign of trouble. Yahoo Finance

Seagate Technology Stock Up 2.9%

Shares of STX opened at $870.66 on Thursday. The stock has a market capitalization of $195.23 billion, a price-to-earnings ratio of 82.61 and a beta of 1.98. Seagate Technology Holdings PLC has a 52 week low of $116.28 and a 52 week high of $888.95. The stock has a fifty day moving average of $593.37 and a 200-day moving average of $424.63. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.85 and a current ratio of 1.33.

Seagate Technology (NASDAQ:STX – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The data storage provider reported $4.10 earnings per share for the quarter, beating analysts’ consensus estimates of $3.51 by $0.59. The business had revenue of $3.11 billion during the quarter, compared to the consensus estimate of $2.96 billion. Seagate Technology had a return on equity of 1,005.65% and a net margin of 21.60%.Seagate Technology’s quarterly revenue was up 44.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.90 earnings per share. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. As a group, sell-side analysts anticipate that Seagate Technology Holdings PLC will post 14.1 earnings per share for the current fiscal year.

Seagate Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 24th will be issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, June 24th. Seagate Technology’s dividend payout ratio (DPR) is presently 28.08%.

Analysts Set New Price Targets

Several analysts recently issued reports on STX shares. Argus upped their target price on Seagate Technology from $450.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. UBS Group boosted their price target on Seagate Technology from $515.00 to $545.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Loop Capital upped their target price on Seagate Technology from $950.00 to $1,140.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Barclays upped their target price on Seagate Technology from $750.00 to $1,000.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Morgan Stanley boosted their price target on Seagate Technology from $582.00 to $767.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $746.63.

Get Our Latest Analysis on STX

About Seagate Technology

(Free Report)

Seagate Technology (NASDAQ: STX) is a global data storage company that designs, manufactures and sells a broad range of storage products and systems. The firm’s product portfolio includes traditional hard disk drives (HDDs), solid-state drives (SSDs), hybrid storage devices and integrated storage systems aimed at enterprise, cloud, OEM and consumer markets. Seagate also provides services that support its hardware offerings, including data recovery and storage management solutions.

Seagate’s products are used in a wide array of applications, from large-scale data centers and cloud infrastructure to desktop and portable consumer devices.