SCHEDULE: Seagate Technology Holdings plc: Ownership Update

Sanders Capital, LLC and Lewis A. Sanders report a combined beneficial ownership of 1.56% in Seagate Technology Holdings plc as of June 30, 2026.

Summary

• Sanders Capital, LLC and Lewis A. Sanders have filed an amendment to their Schedule 13G, reporting their beneficial ownership of Seagate Technology Holdings plc common stock.
• As of June 30, 2026, Sanders Capital, LLC holds 0 shares with sole voting power and 1,687,070 shares with shared voting power.
• Sanders Capital, LLC has 0 shares with sole dispositive power and 3,496,343 shares with shared dispositive power.
• The aggregate amount beneficially owned by Sanders Capital, LLC is 3,496,343 shares, representing 1.56% of the class.
• Lewis A. Sanders, who owns approximately 40% of Sanders Capital, LLC and has decision-making authority, is also listed as a beneficial owner.
• Lewis A. Sanders has the same ownership details as Sanders Capital, LLC: 0 sole voting, 1,687,070 shared voting, 0 sole dispositive, and 3,496,343 shared dispositive power.
• The total beneficial ownership for Lewis A. Sanders is also 3,496,343 shares, representing 1.56% of the class.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, primarily reporting a change in beneficial ownership without indicating significant new strategic information or performance indicators.

Positives

• The filing confirms that the ownership is in the ordinary course of business, suggesting no intent to control or influence the company's management.
• The reporting entities are established investment firms, indicating a professional approach to their holdings.

Negatives

• The filing does not provide any new financial performance data or strategic updates for Seagate Technology Holdings plc.
• The ownership stake of 1.56% is relatively small, suggesting limited influence on the company's direction.

Risks

• Potential for increased or decreased shareholding by Sanders Capital, LLC and Lewis A. Sanders, which could impact stock price volatility.
• Changes in beneficial ownership, even if not for control, can sometimes be interpreted by the market as a signal of sentiment towards the company.

Future Outlook

No forward-looking statements or guidance are provided in this filing, as it solely pertains to beneficial ownership reporting.

Management Comments

• Lewis A. Sanders is listed as a 'Beneficial Owner' because he owns approximately 40% of the outstanding equity of Sanders Capital, LLC and serves as CEO and co-Chief Investment Officer with decision-making authority.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors crossing certain ownership thresholds. This filing indicates a specific level of investment in the data storage sector by Sanders Capital, LLC.

Stakeholder Impact

• Shareholders: The filing provides transparency on significant beneficial ownership, which can inform investment decisions. The 1.56% stake suggests no immediate control threat or takeover bid.
• Management: The filing confirms that the ownership is in the ordinary course of business, not for control, which is a standard assurance.

Next Steps

• Sanders Capital, LLC and Lewis A. Sanders will continue to report any changes in their beneficial ownership of Seagate Technology Holdings plc in accordance with SEC regulations.

Key Dates

Keywords

Seagate Technology Holdings plc, Schedule 13G, Beneficial Ownership, Sanders Capital, LLC, Lewis A. Sanders, Common Stock, Investment Management