Workday, Inc. $WDAY Stock Position Increased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in shares of Workday, Inc. (NASDAQ:WDAY) by 20.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 111,016 shares of the software maker’s stock after buying an additional 18,819 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Workday were worth $26,725,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Perennial Investment Advisors LLC grew its stake in shares of Workday by 2.8% in the 2nd quarter. Perennial Investment Advisors LLC now owns 1,741 shares of the software maker’s stock worth $418,000 after purchasing an additional 48 shares during the last quarter. Bay Harbor Wealth Management LLC boosted its holdings in Workday by 12.0% during the third quarter. Bay Harbor Wealth Management LLC now owns 458 shares of the software maker’s stock worth $110,000 after buying an additional 49 shares in the last quarter. Farther Finance Advisors LLC grew its position in Workday by 1.2% in the third quarter. Farther Finance Advisors LLC now owns 4,128 shares of the software maker’s stock worth $994,000 after buying an additional 49 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of Workday by 1.1% in the second quarter. Kingsview Wealth Management LLC now owns 4,544 shares of the software maker’s stock valued at $1,091,000 after buying an additional 50 shares in the last quarter. Finally, Strategic Investment Advisors MI lifted its position in shares of Workday by 1.6% during the 2nd quarter. Strategic Investment Advisors MI now owns 3,263 shares of the software maker’s stock valued at $777,000 after acquiring an additional 50 shares during the last quarter. 89.81% of the stock is owned by institutional investors and hedge funds.

Workday Trading Down 0.9%

Shares of NASDAQ:WDAY opened at $143.12 on Wednesday. The firm has a fifty day moving average of $192.91 and a two-hundred day moving average of $216.63. The company has a quick ratio of 1.83, a current 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. The firm has a market capitalization of $37.64 billion, a P/E ratio of 60.13, a price-to-earnings-growth ratio of 1.23 and a beta of 1.13.

Workday (NASDAQ:WDAY) last released its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 earnings per share (EPS) for the quarter, beating 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 earnings per share. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. On average, equities analysts expect that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WDAY has been the topic of a number of recent research reports. Cantor Fitzgerald restated an “overweight” rating on shares of Workday in a report on Wednesday, November 26th. Wells Fargo & Company dropped their price target on Workday from $300.00 to $290.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Citigroup reduced their price objective on shares of Workday from $261.00 to $247.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Barclays dropped their target price on shares of Workday from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Finally, UBS Group reduced their price target on shares of Workday from $240.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $259.94.

Workday News Summary

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?

Insiders Place Their Bets

In other news, insider Richard Harry Sauer sold 1,130 shares of the firm’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $210.00, for a total transaction of $237,300.00. Following the transaction, the insider owned 85,398 shares in the company, valued at approximately $17,933,580. This trade represents a 1.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 shares were sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the completion of the sale, the chief financial officer directly owned 159,158 shares of the company’s stock, valued at approximately $33,224,232.50. The trade was a 3.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 370,321 shares of company stock worth $78,866,401 in the last quarter. 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.