Wilmington Savings Fund Society FSB Has $5.15 Million Stock Holdings in Workday, Inc. $WDAY

Wilmington Savings Fund Society FSB lifted its stake in Workday, Inc. (NASDAQ:WDAY) by 2.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,452 shares of the software maker’s stock after purchasing an additional 477 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Workday were worth $5,148,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WDAY. Nuveen LLC bought a new stake in Workday in the first quarter valued at about $456,341,000. T. Rowe Price Investment Management Inc. increased its holdings in Workday by 47.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 3,764,598 shares of the software maker’s stock valued at $879,147,000 after purchasing an additional 1,211,659 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its holdings in Workday by 35.6% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 3,479,105 shares of the software maker’s stock valued at $812,475,000 after purchasing an additional 913,613 shares during the last quarter. Generation Investment Management LLP increased its holdings in Workday by 36.6% in the first quarter. Generation Investment Management LLP now owns 2,903,767 shares of the software maker’s stock valued at $678,117,000 after purchasing an additional 778,301 shares during the last quarter. Finally, Parnassus Investments LLC increased its holdings in Workday by 22.4% in the first quarter. Parnassus Investments LLC now owns 2,996,429 shares of the software maker’s stock valued at $699,756,000 after purchasing an additional 548,694 shares during the last quarter. Institutional investors own 89.81% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Workday in a report on Wednesday, October 8th. Citigroup dropped their price objective on Workday from $279.00 to $260.00 and set a “neutral” rating on the stock in a research note on Friday, August 22nd. Zacks Research raised Workday from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 18th. Wall Street Zen raised Workday from a “hold” rating to a “buy” rating in a research note on Sunday, July 13th. Finally, KeyCorp dropped their price objective on Workday from $325.00 to $285.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $287.83.

Workday Price Performance

WDAY stock opened at $237.18 on Wednesday. The stock has a 50-day moving average price of $230.82 and a two-hundred day moving average price of $236.81. The stock has a market cap of $63.33 billion, a PE ratio of 109.81, a price-to-earnings-growth ratio of 2.95 and a beta of 1.10. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.33. Workday, Inc. has a 1 year low of $205.33 and a 1 year high of $294.00.

Workday (NASDAQ:WDAY) last released its earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.12. The firm had revenue of $2.35 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.75 EPS. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities analysts forecast that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Insider Activity

In other Workday news, CFO Zane Rowe sold 6,000 shares of the stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $232.62, for a total transaction of $1,395,720.00. Following the completion of the transaction, the chief financial officer owned 168,468 shares in the company, valued at approximately $39,189,026.16. This represents a 3.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Carl M. Eschenbach sold 6,250 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $237.52, for a total value of $1,484,500.00. Following the transaction, the chief executive officer owned 20,222 shares of the company’s stock, valued at approximately $4,803,129.44. This trade represents a 23.61% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 264,933 shares of company stock worth $61,475,760. 20.00% of the stock is currently owned by insiders.

Workday Company 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.