Workday, Inc. $WDAY Shares Bought by Northwestern Mutual Wealth Management Co.

Posted by Brian Himes on May 24th, 2026

Northwestern Mutual Wealth Management Co. raised its position in Workday, Inc. (NASDAQ:WDAY – Free Report) by 242.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 24,017 shares of the software maker’s stock after acquiring an additional 16,997 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Workday were worth $5,158,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of WDAY. Vanguard Group Inc. boosted its holdings in Workday by 14.7% in the 4th quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker’s stock valued at $5,371,495,000 after purchasing an additional 3,210,232 shares during the last quarter. First Eagle Investment Management LLC acquired a new position in shares of Workday in the 3rd quarter worth approximately $556,252,000. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Workday by 47.5% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker’s stock worth $1,406,463,000 after acquiring an additional 1,882,391 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Workday by 41.5% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,761,599 shares of the software maker’s stock worth $905,530,000 after acquiring an additional 1,103,421 shares during the last quarter. Finally, Generation Investment Management LLP lifted its holdings in shares of Workday by 50.4% in the 3rd quarter. Generation Investment Management LLP now owns 3,087,395 shares of the software maker’s stock worth $743,229,000 after acquiring an additional 1,034,589 shares during the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Workday News Summary

Here are the key news stories impacting Workday this week:

Positive Sentiment: Workday posted Q1 adjusted EPS of $2.66 versus estimates of $2.49, while revenue rose 13.5% year over year to $2.54 billion, topping forecasts. Workday Announces Fiscal 2027 First Quarter Financial Results
Positive Sentiment: Management raised its full-year non-GAAP operating margin guidance to 30.5%, signaling stronger profitability and helping fuel the stock’s rebound. Workday pops as Q1 results guidance top estimates
Positive Sentiment: Analysts highlighted growing AI monetization, noting that Workday’s AI features and agentic roadmap are starting to show up in contract value and customer adoption. Workday’s AI Momentum Continues as Solid Q1 Results Posted, RBC Says
Positive Sentiment: Several Wall Street firms responded with constructive commentary and price-target updates after the beat, reinforcing sentiment that the quarter was solid and the setup remains favorable. These Analysts Revise Their Forecasts On Workday Following Q1 Results
Neutral Sentiment: Some analysts remain cautious, calling the post-earnings move more of a relief rally and noting that the stock is still expensive relative to fundamentals. WDAY Stock’s Gains Following Q1 Beat Fails to Unite Wall Street – This Analyst Believes Post-Earnings Rise Feels More Like Relief Rally
Negative Sentiment: Citi and other firms trimmed price targets, reflecting lingering concerns about valuation and execution even after the strong quarter. Workday Rallies On ‘Low Bar’ Beat As AI Starts To Show Up In Contract Value

Insider Activity

In related news, CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $128.22, for a total transaction of $769,320.00. Following the sale, the chief financial officer directly owned 217,930 shares in the company, valued at $27,942,984.60. This trade represents a 2.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Enslin sold 5,373 shares of Workday stock in a transaction on Monday, April 6th. The stock was sold at an average price of $129.41, for a total transaction of $695,319.93. Following the sale, the insider owned 165,414 shares in the company, valued at $21,406,225.74. This represents a 3.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 989,814 shares of company stock worth $131,576,291 over the last three months. Company insiders own 18.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on WDAY shares. Royal Bank Of Canada restated an “outperform” rating on shares of Workday in a report on Friday. Wells Fargo & Company lifted their price objective on shares of Workday from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Friday. BMO Capital Markets reissued an “outperform” rating on shares of Workday in a research report on Friday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Workday from $265.00 to $190.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Finally, Cantor Fitzgerald decreased their price target on shares of Workday from $200.00 to $160.00 and set an “overweight” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $189.48.

Read Our Latest Research Report on Workday

Workday Stock Up 5.2%

Workday stock opened at $128.14 on Friday. Workday, Inc. has a 1-year low of $110.36 and a 1-year high of $257.09. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market cap of $32.93 billion, a PE ratio of 40.04, a P/E/G ratio of 1.24 and a beta of 1.04. The stock’s fifty day moving average is $125.91 and its two-hundred day moving average is $169.28.

Workday (NASDAQ:WDAY – Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The software maker reported $2.66 EPS for the quarter, topping the consensus estimate of $2.51 by $0.15. Workday had a net margin of 8.60% and a return on equity of 13.92%. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the business earned $2.23 EPS. Workday’s revenue for the quarter was up 13.5% compared to the same quarter last year. On average, sell-side analysts expect that Workday, Inc. will post 5.12 EPS for the current fiscal year.

Workday Company Profile

(Free Report)

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.

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Institutional Ownership by Quarter for Workday (NASDAQ:WDAY)

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