Workday, Inc. $WDAY Stake Increased by National Pension Service

National Pension Service lifted its stake in Workday, Inc. (NASDAQ:WDAY) by 3.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 768,453 shares of the software maker’s stock after acquiring an additional 28,028 shares during the quarter. National Pension Service owned approximately 0.29% of Workday worth $184,429,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the stock. Verdence Capital Advisors LLC boosted its position in shares of Workday by 1.0% in the second quarter. Verdence Capital Advisors LLC now owns 4,381 shares of the software maker’s stock valued at $1,051,000 after acquiring an additional 45 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in Workday by 15.0% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 353 shares of the software maker’s stock worth $82,000 after purchasing an additional 46 shares in the last quarter. AE Wealth Management LLC lifted its stake in Workday by 0.4% in the 1st quarter. AE Wealth Management LLC now owns 11,896 shares of the software maker’s stock valued at $2,778,000 after acquiring an additional 46 shares in the last quarter. Bristlecone Advisors LLC lifted its position in Workday by 1.6% during the 1st quarter. Bristlecone Advisors LLC now owns 2,968 shares of the software maker’s stock worth $693,000 after buying an additional 47 shares in the last quarter. Finally, Equitable Trust Co. boosted its position in Workday by 4.0% during the first quarter. Equitable Trust Co. now owns 1,257 shares of the software maker’s stock valued at $294,000 after purchasing an additional 48 shares during the last quarter. 89.81% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder David A. Duffield sold 75,053 shares of the business’s stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $236.34, for a total transaction of $17,738,026.02. Following the sale, the insider directly owned 102,997 shares in the company, valued at approximately $24,342,310.98. The trade was a 42.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Richard Harry Sauer sold 2,320 shares of the stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $235.87, for a total transaction of $547,218.40. Following the completion of the sale, the insider directly owned 90,077 shares in the company, valued at approximately $21,246,461.99. The trade was a 2.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 264,933 shares of company stock worth $61,475,760 in the last quarter. 19.31% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on WDAY. Needham & Company LLC reissued a “buy” rating and issued a $300.00 price target on shares of Workday in a report on Wednesday, September 17th. TD Cowen cut their price target on Workday from $310.00 to $290.00 and set a “buy” rating on the stock in a report on Wednesday, September 17th. Piper Sandler upgraded shares of Workday from an “underweight” rating to a “neutral” rating and boosted their target price for the company from $220.00 to $235.00 in a research report on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Workday from $330.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Finally, UBS Group set a $304.00 price objective on shares of Workday in a report on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $287.86.

Workday Trading Down 0.5%

Shares of WDAY stock opened at $225.93 on Thursday. Workday, Inc. has a 52-week low of $205.33 and a 52-week high of $294.00. The company has a 50-day simple moving average of $234.59 and a two-hundred day simple moving average of $238.15. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.10 and a current ratio of 2.10. The company has a market capitalization of $60.32 billion, a price-to-earnings ratio of 104.60, a PEG ratio of 2.83 and a beta of 1.11.

Workday (NASDAQ:WDAY) last announced its earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.12. The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.34 billion. Workday had a return on equity of 9.74% and a net margin of 6.51%.The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.75 EPS. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Research analysts anticipate that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Workday Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.