Blair William & Co. IL Cuts Position in Workday, Inc. $WDAY

Blair William & Co. IL decreased its position in Workday, Inc. (NASDAQ:WDAY) by 17.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 882,933 shares of the software maker’s stock after selling 184,186 shares during the quarter. Blair William & Co. IL owned 0.33% of Workday worth $212,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of WDAY. First Eagle Investment Management LLC purchased a new position in shares of Workday during the third quarter valued at approximately $556,252,000. Norges Bank bought a new stake in shares of Workday during the second quarter worth $442,702,000. Generation Investment Management LLP lifted its position in shares of Workday by 50.4% during the third quarter. Generation Investment Management LLP now owns 3,087,395 shares of the software maker’s stock worth $743,229,000 after purchasing an additional 1,034,589 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Workday by 3.2% during the third quarter. Vanguard Group Inc. now owns 21,799,056 shares of the software maker’s stock valued at $5,247,687,000 after purchasing an additional 684,872 shares during the period. Finally, Citigroup Inc. grew its holdings in shares of Workday by 112.9% in the third quarter. Citigroup Inc. now owns 1,042,219 shares of the software maker’s stock worth $250,893,000 after purchasing an additional 552,721 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Wall Street Analysts Forecast Growth

WDAY has been the subject of several research analyst reports. Macquarie Infrastructure reaffirmed a “buy” rating on shares of Workday in a research note on Wednesday, November 26th. Loop Capital set a $280.00 target price on shares of Workday in a research report on Wednesday, December 10th. The Goldman Sachs Group cut their price target on shares of Workday from $238.00 to $206.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Piper Sandler reduced their price target on Workday from $200.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Finally, TD Cowen lowered Workday from a “buy” rating to a “hold” rating and set a $155.00 price objective for the company. in a report on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.19.

Workday Stock Up 2.6%

WDAY stock opened at $151.04 on Friday. Workday, Inc. has a 12 month low of $117.76 and a 12 month high of $276.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.83. The company has a market capitalization of $39.72 billion, a P/E ratio of 58.54, a price-to-earnings-growth ratio of 1.44 and a beta of 1.16. The firm’s fifty day simple moving average is $172.17 and its 200-day simple moving average is $209.12.

Workday (NASDAQ:WDAY) last issued its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.15. Workday had a return on equity of 13.37% and a net margin of 7.26%.The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the previous year, the firm posted $1.92 EPS. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. As a group, equities research analysts forecast that Workday, Inc. will post 2.63 earnings per share for the current year.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: High‑profile endorsement for new leadership: TV host Jim Cramer called Workday’s new CEO “terrific,” which can boost investor sentiment and short‑term demand. Jim Cramer Considers Workday’s New CEO “Terrific”
• Positive Sentiment: Technical/flow support: recent bargain‑hunting and a short‑covering rally have driven quick gains after February’s pullback, attracting momentum traders. Workday (WDAY) Climbs 7.2% on Bargain-Hunting
• Positive Sentiment: Founder returns to CEO role with stronger AI emphasis — investors view this as a signal of strategic focus on AI product development, which could support longer‑term revenue expansion if execution succeeds. Workday Founder Returns As CEO While AI Focus Shapes Valuation Outlook
• Neutral Sentiment: Board granted CEO Aneel Bhusri a new equity package; this aligns leadership with shareholders but can raise dilution questions depending on structure. Workday Grants CEO Aneel Bhusri New Equity Package
• Neutral Sentiment: Macro backdrop remains a headwind for growth software names (inflation/higher rates), which can cap upside even during sector‑specific rallies. US Stock Market Today S&P 500 Futures Edge Lower On Stubborn Inflation Jitters
• Neutral Sentiment: Competitive landscape: emerging AI/analytics startups (e.g., Pigment) are targeting planning/analytics customers — something to monitor but not an immediate earnings threat. The French AI startup gunning for Workday, Oracle, and SAP
• Negative Sentiment: Analysts trimming targets: Citi cut its price target to $148 (from $247) and Morgan Stanley and others have reduced targets — a clear near‑term drag on sentiment and potential selling pressure. Workday, Inc. (WDAY) Price Target Lowered to $148 at Citi
• Negative Sentiment: Large insider sale: co‑founder David Duffield sold 107,500 shares (~$14.4M) and cut his stake roughly in half — markets can interpret this as a negative signal on insider conviction or simply liquidity‑driven. SEC Filing — Duffield Sale
• Negative Sentiment: Estimate‑revision risk: analyst commentary highlights slowing growth, margin pressure and falling EPS revisions as Workday invests in AI and new markets — a potential medium‑term headwind for valuations. Should You Avoid WDAY Stock Amid Declining Estimate Revisions?

Insider Buying and Selling at Workday

In other news, CEO Carl M. Eschenbach sold 3,125 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $210.00, for a total transaction of $656,250.00. Following the transaction, the chief executive officer owned 17,097 shares of the company’s stock, valued at approximately $3,590,370. The trade was a 15.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction 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 sale, the chief financial officer directly owned 159,158 shares of the company’s stock, valued at approximately $33,224,232.50. This trade represents a 3.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 395,796 shares of company stock worth $75,909,516. Corporate insiders own 19.31% of the company’s stock.

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.