Seagate Technology Holdings PLC (STX) to Issue Quarterly Dividend of $0.74 on October 7th

Posted by Brian Himes on Jul 30th, 2026

Seagate Technology Holdings PLC (NASDAQ:STX – Get Free Report) declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Thursday, September 24th will be given a dividend of 0.74 per share by the data storage provider on Wednesday, October 7th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 24th.

Seagate Technology has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 1 years. Seagate Technology has a payout ratio of 30.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Seagate Technology to earn $69.10 per share next year, which means the company should continue to be able to cover its $2.96 annual dividend with an expected future payout ratio of 4.3%.

Seagate Technology Trading Up 2.3%

Shares of STX opened at $764.43 on Thursday. The stock has a market capitalization of $171.41 billion, a PE ratio of 55.07 and a beta of 2.04. The company’s fifty day moving average is $895.22 and its 200 day moving average is $622.36. 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 has a fifty-two week low of $138.30 and a fifty-two week high of $1,145.00.

Seagate Technology (NASDAQ:STX – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The data storage provider reported $5.71 EPS for the quarter, beating the consensus estimate of $5.10 by $0.61. Seagate Technology had a net margin of 26.11% and a return on equity of 680.78%. The business had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.50 billion. During the same quarter last year, the business earned $2.59 earnings per share. Seagate Technology’s quarterly revenue was up 48.5% compared to the same quarter last year. Seagate Technology has set its Q1 2027 guidance at 7.100-7.500 EPS. Sell-side analysts expect that Seagate Technology will post 26.84 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on STX. UBS Group increased their price target on shares of Seagate Technology from $515.00 to $545.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Wedbush upped their price objective on Seagate Technology from $825.00 to $1,000.00 and gave the company an “outperform” rating in a research report on Wednesday. Argus raised their price objective on Seagate Technology from $450.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Wells Fargo & Company boosted their target price on Seagate Technology from $1,100.00 to $1,180.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Melius Research assumed coverage on Seagate Technology in a report on Monday, June 29th. They set a “buy” rating and a $1,600.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $970.00.

Read Our Latest Stock Report on Seagate Technology

About Seagate Technology

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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.