Mn Services Vermogensbeheer B.V. Buys 1,100 Shares of Seagate Technology Holdings PLC $STX

09 Oct 2026, 09:04 by Sarita Garza · The Markets Daily

Mn Services Vermogensbeheer B.V. raised its stake in Seagate Technology Holdings PLC (NASDAQ:STX – Free Report) by 1.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 64,800 shares of the data storage provider’s stock after buying an additional 1,100 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Seagate Technology were worth $59,768,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of STX. Wellington Management Group LLP grew its position in shares of Seagate Technology by 2,655.9% during the second quarter. Wellington Management Group LLP now owns 2,414,136 shares of the data storage provider’s stock worth $2,329,641,000 after acquiring an additional 2,326,538 shares during the last quarter. Janus Henderson Group PLC lifted its position in Seagate Technology by 3,872.1% in the 1st quarter. Janus Henderson Group PLC now owns 967,528 shares of the data storage provider’s stock valued at $378,985,000 after purchasing an additional 943,170 shares during the last quarter. Deutsche Bank AG boosted its stake in Seagate Technology by 102.0% during the 4th quarter. Deutsche Bank AG now owns 1,599,962 shares of the data storage provider’s stock valued at $440,614,000 after purchasing an additional 807,962 shares during the period. Amanah Holdings Trust acquired a new position in Seagate Technology during the 4th quarter valued at about $79,801,000. Finally, Swedbank AB grew its position in Seagate Technology by 67.6% in the 1st quarter. Swedbank AB now owns 709,160 shares of the data storage provider’s stock worth $277,821,000 after purchasing an additional 285,949 shares during the last quarter. Institutional investors and hedge funds own 92.87% of the company’s stock.

Insider Buying and Selling at Seagate Technology

In other Seagate Technology news, CEO William D. Mosley sold 11,002 shares of Seagate Technology stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $935.60, for a total value of $10,293,471.20. Following the transaction, the chief executive officer owned 362,108 shares in the company, valued at approximately $338,788,244.80. The trade was a 2.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Gianluca Romano sold 49,984 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $772.16, for a total value of $38,595,645.44. Following the completion of the transaction, the chief financial officer directly owned 70,756 shares in the company, valued at $54,634,952.96. This represents a 41.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 466,959 shares of company stock valued at $378,840,741 in the last ninety days. Company insiders own 0.51% of the company’s stock.

Seagate Technology Trading Down 4.1%

Shares of Seagate Technology stock opened at $774.83 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.67 and a debt-to-equity ratio of 1.56. The firm has a market cap of $176.19 billion, a price-to-earnings ratio of 55.82 and a beta of 2.06. The business has a fifty day simple moving average of $856.56 and a 200-day simple moving average of $790.73. Seagate Technology Holdings PLC has a fifty-two week low of $209.00 and a fifty-two week high of $1,145.00.

Seagate Technology (NASDAQ:STX – Get Free Report) last released its earnings results on Tuesday, July 28th. The data storage provider reported $5.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.10 by $0.61. Seagate Technology had a return on equity of 369.98% and a net margin of 26.11%.The firm had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same period in the previous year, the company earned $2.59 earnings per share. Seagate Technology’s 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. On average, equities analysts forecast that Seagate Technology Holdings PLC will post 35.7 EPS for the current fiscal year.

Seagate Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 7th. Investors of record on Thursday, September 24th were paid a dividend of $0.74 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.96 annualized dividend and a yield of 0.4%. Seagate Technology’s dividend payout ratio is currently 21.33%.

Analyst Upgrades and Downgrades

STX has been the subject of several analyst reports. Morgan Stanley boosted their price objective on Seagate Technology from $1,035.00 to $1,187.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Melius Research began coverage on Seagate Technology in a research note on Monday, June 29th. They set a “buy” rating and a $1,600.00 target price on the stock. China Renaissance boosted their price target on Seagate Technology from $802.00 to $983.00 in a research report on Friday, June 12th. Argus boosted their price target on Seagate Technology from $750.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, TD Cowen increased their price target on Seagate Technology from $850.00 to $1,000.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Twenty-two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Seagate Technology currently has an average rating of “Moderate Buy” and an average target price of $986.00.

Read Our Latest Stock Report on STX

Seagate Technology News Summary

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

Positive Sentiment: AI workloads continue to generate substantial demand for cost-efficient, high-capacity storage, supporting the long-term outlook for Seagate’s enterprise HDD business. Analysts are also comparing Seagate favorably with Western Digital as investors assess which storage stock has more upside. Seagate vs. Western Digital: Which HDD Stock Has More Room to Run?
Positive Sentiment: Seagate recently delivered stronger-than-expected results, with quarterly revenue rising sharply year over year and earnings exceeding analysts’ estimates. Its next-quarter guidance also points to continued profitability, although investors are now focused on whether supply changes could affect that trajectory.
Positive Sentiment: The company paid a dividend to shareholders, reinforcing its income appeal and highlighting the potential for shareholder returns alongside its growth exposure. HP, Merck, and Seagate Just Paid Their Shareholders

Seagate Technology Company Profile

(Free Report)

Seagate Technology Holdings plc is a data storage technology company that designs, manufactures and supplies solutions for storing, managing and accessing digital information. Its product portfolio is centered on hard disk drives (HDDs), including high-capacity drives used in cloud data centers, enterprise environments, surveillance systems, network-attached storage and personal computing.

The company also offers solid-state drives (SSDs), storage systems, external storage products and related services.