Seagate Technology Holdings plc provides mass-data storage infrastructure solution. The Company’s principal products are hard disk drives, commonly referred to as disk drives, hard drives (HDDs). In addition to HDDs, the Company produces a range of data storage products, including solid state drives (SSDs), solid state hybrid drives, storage subsystems, as well as a scalable edge-to-cloud mass data platform. Its HDD products are designed for mass capacity storage and legacy markets. Mass capacity storage involves use cases, such as hyperscale data centers and public clouds, as well as emerging use cases. The Company’s HDD and SSD product portfolio includes Serial Advanced Technology Attachment, Serial Attached SCSI and Non-Volatile Memory Express based designs to support a variety of mass capacity and legacy applications. Its systems portfolio includes storage subsystems for enterprises, cloud service providers, scale-out storage servers and original equipment manufacturers.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 23.20% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 41.25%.
Overvalued
The company’s latest PB is 212.85, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 196.31M shares, decreasing 9.26% quarter-over-quarter.
Held by Ray Dalio
Star Investor Ray Dalio holds 148.08K shares of this stock.