<div id="readability-page-1"><p>Prudential Financial Inc. grew its position in shares of  Seagate Technology Holdings PLC (NASDAQ:STX - Free Report) by 22.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,811 shares of the data storage provider's stock after acquiring an additional 5,611 shares during the quarter. Prudential Financial Inc.'s holdings in Seagate Technology were worth $4,447,000 as of its most recent filing with the SEC.</p><div><p><span></span><span>Get <strong>Seagate Technology</strong> alerts:</span></p></div><ul><li>Seagate Stock Could Soar as AI Drives Storage Demand</li></ul><p>Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in  Seagate Technology by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 28,743,126 shares of the data storage provider's stock valued at $2,441,729,000 after purchasing an additional 769,009 shares during the last quarter.  JPMorgan Chase &amp; Co. raised its holdings in shares of  Seagate Technology by 12.9% during the first quarter. JPMorgan Chase &amp; Co. now owns 18,920,792 shares of the data storage provider's stock valued at $1,607,321,000 after buying an additional 2,161,191 shares during the last quarter.  Geode Capital Management LLC boosted its position in shares of  Seagate Technology by 1.9% during the second quarter. Geode Capital Management LLC now owns 4,567,181 shares of the data storage provider's stock worth $656,066,000 after buying an additional 85,660 shares during the period.  Invesco Ltd. grew its holdings in  Seagate Technology by 3.6% in the 1st quarter. Invesco Ltd. now owns 2,861,418 shares of the data storage provider's stock worth $243,077,000 after buying an additional 99,884 shares in the last quarter.  Finally, Royal Bank of Canada increased its position in  Seagate Technology by 0.8% in the 1st quarter. Royal Bank of Canada now owns 1,628,941 shares of the data storage provider's stock valued at $138,378,000 after acquiring an additional 12,424 shares during the period. Institutional investors own  92.87% of the company's stock. </p><h2>Seagate Technology Trading Down 2.4%</h2><p>NASDAQ:STX opened at $270.10 on Tuesday. The company has a 50-day moving average of $245.82 and a 200-day moving average of $184.24. The firm has a market cap of $57.68 billion, a price-to-earnings ratio of 34.67, a price-to-earnings-growth ratio of 1.17 and a beta of 1.63. Seagate Technology Holdings PLC has a twelve month low of $63.19 and a twelve month high of $297.88. </p><h2>Seagate Technology Increases Dividend</h2><ul><li>3 Stocks Showing Relative Strength as Markets Pull Back</li></ul><p>The business also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Wednesday, December 24th will be issued a $0.74 dividend. This is an increase from Seagate Technology's previous quarterly dividend of $0.72. This represents a $2.96 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, December 24th. Seagate Technology's dividend payout ratio  is currently 38.00%. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several research analysts have recently issued reports on the company. Wells Fargo &amp; Company increased their price target on Seagate Technology from $240.00 to $250.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Wednesday, October 29th. Evercore ISI upped their price objective on shares of Seagate Technology from $160.00 to $330.00 and gave the stock an &#34;outperform&#34; rating in a report on Monday, October 13th. Benchmark raised their target price on shares of Seagate Technology from $250.00 to $255.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, October 29th. The Goldman Sachs Group upped their price target on shares of Seagate Technology from $170.00 to $270.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, October 8th. Finally, Robert W. Baird increased their price objective on shares of Seagate Technology from $188.00 to $270.00 and gave the company an &#34;outperform&#34; rating in a report on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have assigned  a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $283.41.</p><ul><li>Seagate's Record Earnings Prove Its Role as a Core AI Player</li></ul><p><b>Check Out Our Latest Analysis on STX</b></p><h2>Insider Activity at Seagate Technology</h2><p>In other news, CFO Gianluca Romano sold 54,021 shares of the company's stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $285.16, for a total transaction of $15,404,628.36. Following the completion of the sale, the chief financial officer directly owned 56,293 shares of the company's stock, valued at $16,052,511.88. This represents a 48.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Stephanie Tilenius sold 2,046 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $266.41, for a total value of $545,074.86. Following the completion of the transaction, the director owned 12,244 shares of the company's stock, valued at $3,261,924.04. This trade represents a 14.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 131,261 shares of company stock worth $34,210,708. 0.79% of the stock is owned by corporate insiders. </p><h2>Seagate Technology Profile</h2> (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>Featured Stories</h2><ul><li>Five stocks we like better than Seagate Technology</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>Up Over 20% in 2025, These 3 Stocks Are Boosting Buyback Capacity</li><li>With Risk Tolerance, One Size Does Not Fit All</li><li>Congress Beat the Market Again—Here Are the 3 Stocks They Bought</li><li>Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?</li><li>Go on a Shopping Spree With 3 Top Retail ETFs</li></ul><p><strong>Want to see what other hedge funds are holding STX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Seagate Technology Holdings PLC (NASDAQ:STX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.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="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.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 reporting and unbiased coverage. 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>Prudential Financial Inc. increased its stake in Seagate Technology Holdings PLC by 22.3% in Q2, owning 30,811 shares worth $4,447,000. Other institutional investors also modified their holdings. Analysts have issued various ratings, with an average rating of "Moderate Buy" and a target price of $283.41. Seagate's stock opened at $270.10, with a market cap of $57.68 billion. The company announced a quarterly dividend increase to $0.74 per share.</p>

Seagate Technology Holdings PLC $STX Shares Purchased by Prudential Financial Inc.