Hanson & Doremus Investment Management Sells 2,613 Shares of Seagate Technology Holdings PLC $STX

Posted by Brian Himes on Jun 23rd, 2026

Hanson & Doremus Investment Management decreased its holdings in shares of Seagate Technology Holdings PLC (NASDAQ:STX – Free Report) by 7.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,263 shares of the data storage provider’s stock after selling 2,613 shares during the period. Seagate Technology makes up about 1.5% of Hanson & Doremus Investment Management’s holdings, making the stock its 13th largest holding. Hanson & Doremus Investment Management’s holdings in Seagate Technology were worth $13,031,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC grew its holdings in shares of Seagate Technology by 124.4% during the fourth quarter. Salomon & Ludwin LLC now owns 92 shares of the data storage provider’s stock worth $27,000 after purchasing an additional 51 shares in the last quarter. Rakuten Securities Inc. raised its stake in Seagate Technology by 884.2% in the second quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock valued at $27,000 after purchasing an additional 168 shares in the last quarter. Armstrong Advisory Group Inc. bought a new stake in Seagate Technology during the fourth quarter valued at approximately $28,000. Avion Wealth lifted its position in Seagate Technology by 343.5% during the fourth quarter. Avion Wealth now owns 102 shares of the data storage provider’s stock valued at $28,000 after purchasing an additional 79 shares during the last quarter. Finally, Concord Wealth Partners purchased a new position in Seagate Technology in the 4th quarter worth approximately $28,000. 92.87% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Seagate Technology news, CFO Gianluca Romano sold 903 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $880.19, for a total transaction of $794,811.57. Following the sale, the chief financial officer owned 42,860 shares in the company, valued at approximately $37,724,943.40. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William D. Mosley sold 1,768 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $880.19, for a total transaction of $1,556,175.92. Following the sale, the chief executive officer owned 327,517 shares in the company, valued at $288,277,188.23. The trade was a 0.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 141,069 shares of company stock worth $107,161,712 in the last ninety days. Corporate insiders own 0.79% of the company’s stock.

Analysts Set New Price Targets

STX has been the subject of several analyst reports. Rosenblatt Securities upped their price target on shares of Seagate Technology from $500.00 to $1,000.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen raised Seagate Technology from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Barclays increased their target price on Seagate Technology from $750.00 to $1,000.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Morgan Stanley lifted their price target on Seagate Technology from $767.00 to $1,035.00 and gave the stock an “overweight” rating in a research note on Monday, June 15th. Finally, Wedbush increased their price objective on Seagate Technology from $700.00 to $825.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Seagate Technology currently has a consensus rating of “Moderate Buy” and an average target price of $831.79.

Check Out Our Latest Research Report on Seagate Technology

Seagate Technology Stock Performance

STX stock opened at $1,094.04 on Tuesday. The stock’s 50 day simple moving average is $781.00 and its 200 day simple moving average is $510.69. The company has a current ratio of 1.33, a quick ratio of 0.85 and a debt-to-equity ratio of 3.16. Seagate Technology Holdings PLC has a 12-month low of $130.92 and a 12-month high of $1,145.00. The stock has a market capitalization of $245.32 billion, a PE ratio of 103.80 and a beta of 2.04.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $3.51 by $0.59. Seagate Technology had a net margin of 21.60% and a return on equity of 1,005.65%. The company had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter last year, the firm posted $1.90 earnings per share. The firm’s revenue was up 44.1% compared to the same quarter last year. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. As a group, research analysts forecast that Seagate Technology Holdings PLC will post 14.14 earnings per share for the current fiscal year.

Seagate Technology Dividend Announcement

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

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.