RMR Wealth Builders 13F: Adds $1.2M to WDC Stake

In a Form 13F filing on October 22, 2026, RMR Wealth Builders disclosed it grew its stake in Western Digital Corporation WDC by 2,550 shares during the third quarter. The move brought the firm's total holding in the data storage device maker to 9,160 shares.

WDC Western Digital Corporation

$354.19 ▲ +88.90% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in RMR Wealth Builders's Western Digital Position

RMR Wealth Builders expanded its investment in Western Digital Corporation by 38.6%, lifting its share count from 6,610 shares up to 9,160 shares. The reported value of the position reached $4,162,724.00 at the close of the period.

Other Institutional Activity in Western Digital

Other institutional investors adjusted their positions in Western Digital as well during the period. SBI Securities cut its holdings by 5,020 shares, ending the quarter with 5,091 shares worth about $2,313,656.00 after a 49.6% reduction.

Western Digital Corporation Stock Down 2.9%

Western Digital closed at $354.19 on October 22, 2026, and recently traded around $353.91 as of October 23, 2026. The stock sits well below its 52-week high of $799.87 and above its 52-week low of $121.72.

Recent Earnings

Western Digital generated $12.9 billion in trailing revenue with earnings of $26.92 per share. The company posted a net profit margin of 72.9% and a return on equity of 130.9%.

Dividend

Western Digital pays an annual dividend rate of $0.60 per share, which translates to a dividend yield of 0.16% based on a payout ratio of 1.9%.

Insider Buying and Selling at Western Digital Corporation

Company insiders completed several transactions in recent months. Director Stephanie A Streeter disposed of 5,600 shares on September 1, 2026, for a total value of $2,519,280.00. Officer Cynthia Lock Tregillis sold 432 shares on September 4, 2026, at an average price of $451.20, totaling $194,918.00. Officer Vidyadhara K Gubbi sold 1,795 shares on September 4, 2026, at $459.87 per share for $825,472.00. Chief Legal Officer Cynthia L Tregillis disposed of 807 shares under a pre-arranged Rule 10b5-1 plan on October 21, 2026, at $380.00 per share, worth $306,660.00.

Analysts Set New Price Targets

On August 7, 2026, Citigroup maintained its buy rating on Western Digital while lowering its price target to $740.00 from $800.00. UBS maintained a neutral rating and lowered its target to $470.00 from $525.00 on October 12, 2026. Wells Fargo maintained an overweight rating on October 16, 2026, while cutting its target from $730.00 to $450.00. Morgan Stanley maintained an overweight rating on October 20, 2026, lowering its target to $643.00 from $676.00. Bank of America Securities maintained a buy rating on October 21, 2026, raising its target to $800.00 from $720.00. Overall, 24 analysts cover the stock, resulting in a consensus strong buy recommendation and a mean price target of $654.00.

About Western Digital

Headquartered in San Jose, California, Western Digital Corporation develops and manufactures data storage devices and solutions built on hard disk drive technology. The company serves global markets with internal drives, data center platforms, and portable accessories.

Bottom Line

Institutional investors continue to shift their holdings in Western Digital as the company navigates changing storage hardware demand. Market participants will watch upcoming earnings reports and further SEC filings for signs of how institutional portfolios adjust next.