<div id="readability-page-1"><ul><li>3 Overbought Stocks Ripe for a Pullback</li></ul><p>Seagate Technology Holdings PLC (NASDAQ:STX - Free Report) - Analysts at Zacks Research increased their Q1 2026 EPS estimates for Seagate Technology in a research report issued to clients and investors on Tuesday, August 19th. Zacks Research analyst Team now forecasts that the data storage provider will post earnings per share of $2.10 for the quarter, up from their prior estimate of $1.90. The consensus estimate for Seagate Technology's current full-year earnings is $6.83 per share. Zacks Research also issued estimates for Seagate Technology's Q2 2026 earnings at $2.15 EPS, Q3 2026 earnings at $2.23 EPS, Q4 2026 earnings at $2.59 EPS, FY2026 earnings at $9.02 EPS, Q1 2027 earnings at $2.53 EPS, Q2 2027 earnings at $2.69 EPS, Q3 2027 earnings at $2.87 EPS, Q4 2027 earnings at $3.10 EPS, FY2027 earnings at $11.20 EPS and FY2028 earnings at $13.10 EPS.</p><p>Seagate Technology (NASDAQ:STX - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The data storage provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $2.44 billion for the quarter, compared to analysts' expectations of $2.40 billion. During the same period last year, the firm earned $1.05 earnings per share. The business's revenue for the quarter was up 29.5% on a year-over-year basis.  Seagate Technology has set its Q1 2026 guidance at 2.100-2.500 EPS.</p><div><p><span></span><span>Get <strong>Seagate Technology</strong> alerts:</span></p></div><ul><li>These 3 Q1 Earnings Winners Will Go Higher</li></ul><p>A number of other brokerages have also recently issued reports on STX. UBS Group raised their price objective on shares of Seagate Technology from $85.00 to $155.00 and gave the company a &#34;neutral&#34; rating in a research note on Monday, July 21st. TD Cowen raised their price objective on shares of Seagate Technology from $135.00 to $175.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, July 30th. Cantor Fitzgerald upgraded shares of Seagate Technology from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and set a $175.00 target price on the stock in a report on Wednesday, July 30th. Robert W. Baird increased their target price on shares of Seagate Technology from $120.00 to $188.00 and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, July 30th. Finally, Bank of America increased their target price on shares of Seagate Technology from $145.00 to $165.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, July 14th. Fourteen equities research analysts have rated the stock with a Buy rating, five have assigned  a Hold rating and one  has given a Sell rating to the company. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $151.44.</p><p><b>View Our Latest Research Report on STX</b></p><h2>Seagate Technology Stock Performance</h2><ul><li>Top Analysts’ Picks for 2025: 3 of Morgan Stanley's Favorites</li></ul><p>Shares of STX stock opened at $154.60 on Friday. Seagate Technology has a 52-week low of $63.19 and a 52-week high of $159.36. The stock has a market cap of $32.88 billion, a PE ratio of 22.84, a PEG ratio of 1.00 and a beta of 1.50. The firm's 50 day moving average price is $147.04 and its two-hundred day moving average price is $112.89. </p><h2>Seagate Technology Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, September 30th. Seagate Technology's dividend payout ratio (DPR) is presently 42.54%. </p><p>Seagate Technology declared that its board has authorized a share repurchase plan on Thursday, May 22nd that allows the company to repurchase $5.00 billion in    shares. This repurchase authorization allows the data storage provider to reacquire up to 21.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued. </p><h2>Insider Activity at Seagate Technology</h2><p>In related news, CEO William D. Mosley sold 20,000 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $153.75, for a total transaction of $3,075,000.00. Following the sale, the chief executive officer directly owned 478,912 shares in the company, valued at $73,632,720. This trade represents a 4.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Ban Seng Teh sold 1,724 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $151.61, for a total transaction of $261,375.64. Following the sale, the executive vice president owned 6,147 shares in the company, valued at approximately $931,946.67. The trade was a 21.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 343,414 shares of company stock valued at $43,661,770. Insiders own  0.81% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds have recently added to or reduced their stakes in STX. Ameriflex Group Inc. bought a new position in  Seagate Technology in the fourth quarter valued at $26,000.  Elequin Capital LP bought a new position in  Seagate Technology in the fourth quarter valued at $27,000.  Fourth Dimension Wealth LLC bought a new position in  Seagate Technology in the fourth quarter valued at $27,000.  Harbor Asset Planning Inc. bought a new position in  Seagate Technology in the second quarter valued at $27,000.  Finally, Rakuten Securities Inc. grew its position 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. Institutional investors own  92.87% of the company's stock. </p><h2>About Seagate Technology</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Seagate Technology</li><li>ESG Stocks, What Investors Should Know</li><li>Intel's New Buyers Mean Good News for Taiwan Semiconductor Stock</li><li>How to Know if a Stock Pays Dividends and When They Are Paid Out</li><li>Shopify’s Risk-Reward Profile Is Suddenly Red Hot</li><li>Canadian Penny Stocks: Can They Make You Rich? </li><li>3 Robotics Stocks at the Heart of the Robotics Revolution</li></ul> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U1RY?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U1RY"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Seagate Technology Right Now?</h2><p>Before you consider Seagate Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seagate Technology wasn't on the list.</p><p>While Seagate Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Zacks Research has raised its Q1 2026 EPS estimate for Seagate Technology (NASDAQ:STX) from $1.90 to $2.10, with further estimates for subsequent quarters also increased. The company reported $2.59 EPS for the last quarter, exceeding expectations. Analysts have set a consensus target price of $151.44, with a majority rating the stock as a "Moderate Buy." Seagate also announced a quarterly dividend of $0.72 per share and a $5 billion share repurchase plan, indicating management's confidence in the stock's value.</p>

Zacks Research Issues Optimistic Forecast for STX Earnings