Seagate Technology Holdings Plcs (STX) has seen a series of diverse activities in the recent past. Swiss National Bank, Mutual of America Capital Management, Janney Montgomery Scott have reduced holdings while Csenge Advisory Group, GSA Capital Partners, and others have increased their stakes. The company hit a new 52-week high due to an analyst upgrade. It also reported mixed fiscal Q2 2024 results with the recent performance casting a shadow over long-term optimism. Several firms including Chapin Davis Inc. and Sunbelt Securities Inc. have newly bought shares in STX. Various investment groups have shown an interest in Seagate, exhibiting confidence in its future. With a consensus recommendation of 'Hold' by brokerages, the hardware sector as recommended by Goldman Sachs sees STX as a good buy. Seagate is set to pay an upcoming dividend of $0.70, signalling a reward to faithful investors. The Q3 earnings were as per expectations but had a few misses, while Q4 earnings are expected to rise.
Seagate Technology Holdings Plcs STX News Analytics from Mon, 08 Aug 2016 08:18:26 GMT to Sun, 14 Jul 2024 18:43:57 GMT -
Rating 5
- Innovation 6
- Information 4
- Rumor -7
