Vanguard Group Inc. Raises Position in Workday, Inc. $WDAY

Vanguard Group Inc. lifted its stake in Workday, Inc. (NASDAQ:WDAY) by 3.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,799,056 shares of the software maker’s stock after purchasing an additional 684,872 shares during the quarter. Vanguard Group Inc. owned about 8.16% of Workday worth $5,247,687,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AlphaQuest LLC boosted its holdings in shares of Workday by 636.7% in the second quarter. AlphaQuest LLC now owns 1,886 shares of the software maker’s stock valued at $453,000 after purchasing an additional 1,630 shares during the period. PKO Investment Management Joint Stock Co bought a new stake in Workday during the 3rd quarter valued at $1,805,000. Phoenix Financial Ltd. purchased a new stake in shares of Workday in the 3rd quarter worth $2,000,000. Rakuten Investment Management Inc. bought a new position in shares of Workday during the 3rd quarter worth $124,718,000. Finally, Norges Bank purchased a new position in shares of Workday during the second quarter valued at $442,702,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Rosenblatt upgraded WDAY from neutral to buy and set a $180 target, signaling renewed analyst conviction in the stock’s medium-term upside amid the company’s strategic shifts. Rosenblatt upgrades Workday (WDAY)
• Positive Sentiment: Coverage highlights the return of co‑founder Aneel Bhusri as CEO and a stronger AI push — investors may view this as supportive for long‑term product strategy and growth, especially if AI accelerates subscription or service demand. Workday CEO Return And AI Push Raise Questions On Undervalued Shares
• Neutral Sentiment: Workday is scheduled to report quarterly results on Tuesday; the upcoming release is the near‑term catalyst that could swing the stock depending on guidance and AI‑related commentary. Workday (WDAY) to Release Earnings on Tuesday
• Negative Sentiment: Analysts at BMO cut their price target from $285 to $204 (still “outperform”), signaling reduced expectations for near‑term upside even as they keep a constructive rating. BMO lowers Workday price target
• Negative Sentiment: Oppenheimer also trimmed its target from $270 to $200 while maintaining an outperform rating, another sign analysts are moderating near‑term forecasts despite believing in longer‑term upside. Oppenheimer lowers Workday price target
• Negative Sentiment: Zacks cautions Workday may lack the factors that typically produce an earnings beat this quarter, increasing downside risk around the report. Workday (WDAY) Earnings Expected to Grow: Should You Buy?

Workday Price Performance

NASDAQ WDAY opened at $143.12 on Wednesday. The firm’s fifty day simple moving average is $192.91 and its two-hundred day simple moving average is $216.63. The firm has a market capitalization of $37.64 billion, a P/E ratio of 60.13, a P/E/G ratio of 1.23 and a beta of 1.13. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.34. Workday, Inc. has a 12-month low of $139.91 and a 12-month high of $281.00.

Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.15. Workday had a return on equity of 10.50% and a net margin of 6.95%.The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same quarter last year, the firm earned $1.89 EPS. The business’s quarterly revenue was up 12.6% on a year-over-year basis. Analysts forecast that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WDAY has been the topic of several recent research reports. Morgan Stanley increased their target price on shares of Workday from $255.00 to $280.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 26th. Royal Bank Of Canada lowered their price target on shares of Workday from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. KeyCorp cut their price objective on shares of Workday from $285.00 to $260.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Barclays reduced their price objective on shares of Workday from $280.00 to $275.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 target price on shares of Workday in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.94.

Insider Activity at Workday

In other news, CAO Mark S. Garfield sold 953 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $209.56, for a total value of $199,710.68. Following the transaction, the chief accounting officer directly owned 35,336 shares of the company’s stock, valued at approximately $7,405,012.16. This represents a 2.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Zane Rowe sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the transaction, the chief financial officer directly owned 159,158 shares of the company’s stock, valued at $33,224,232.50. This represents a 3.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 370,321 shares of company stock worth $78,866,401 in the last 90 days. 19.31% of the stock is owned by insiders.

Workday Profile

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.