Workday, Inc. $WDAY Stock Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its position in shares of Workday, Inc. (NASDAQ:WDAY) by 211.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 485,836 shares of the software maker’s stock after acquiring an additional 329,687 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Workday were worth $92,532,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CoreCap Advisors LLC lifted its stake in shares of Workday by 55.9% during the third quarter. CoreCap Advisors LLC now owns 173 shares of the software maker’s stock valued at $33,000 after acquiring an additional 62 shares during the period. Western Wealth Management LLC bought a new position in Workday in the first quarter valued at about $39,000. Manning & Napier Advisors LLC acquired a new stake in Workday in the second quarter worth about $42,000. Elevation Wealth Partners LLC increased its position in Workday by 1,097.0% in the second quarter. Elevation Wealth Partners LLC now owns 395 shares of the software maker’s stock worth $48,000 after purchasing an additional 362 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in Workday by 26.3% in the second quarter. Parkside Financial Bank & Trust now owns 591 shares of the software maker’s stock worth $72,000 after purchasing an additional 123 shares during the period. Institutional investors own 89.81% of the company’s stock.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday’s planned acquisition of C1.ai could strengthen identity governance for both employees and AI agents, improving security and supporting the company’s enterprise-AI growth strategy. Will Workday’s C1.ai Acquisition Boost Its Enterprise AI Position?
• Positive Sentiment: Workday’s AI product push—including its Anthropic partnership, Claude integration with Sana, agent-building tools, and expanded access controls—has reinforced investor optimism that the company can benefit from rising AI adoption in HR and finance software. Workday rises on AI product push, Anthropic partnership, and C1.ai deal
• Positive Sentiment: Workday was recognized as a Gartner leader, adding third-party validation to its market position and contributing to recent buying interest. Workday named Gartner leader
• Neutral Sentiment: CFO Zane Rowe said businesses should measure AI by financial and operational impact rather than simply higher output. The comments support Workday’s focus on practical finance transformation but do not provide a new earnings forecast or guidance change. Workday CFO on measuring AI
• Negative Sentiment: KeyBanc reiterated a “Sector Weight” stance, while its estimates imply fiscal 2027 EPS of $5.19—below the $5.33 consensus—despite projecting stronger fiscal 2028 EPS of $7.98. The neutral rating and below-consensus near-term forecast limit the immediate bullish impact of the AI announcements. Workday shares fall on KeyBanc downgrade
• Negative Sentiment: Reported insider activity shows substantial selling and no open-market purchases among listed insiders over the past six months, a potential secondary concern for investors even though it is not necessarily a short-term business signal.

Wall Street Analyst Weigh In

Several brokerages have recently commented on WDAY. Oppenheimer reiterated an “outperform” rating on shares of Workday in a research report on Wednesday, October 14th. Capital One Financial set a $219.00 price target on shares of Workday and gave the stock an “equal weight” rating in a research note on Friday, August 28th. KeyCorp lowered shares of Workday from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 15th. Morgan Stanley raised their price objective on shares of Workday from $145.00 to $180.00 and gave the company an “underweight” rating in a research note on Friday, August 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Workday in a research note on Monday, October 5th. Nineteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $205.03.

Insiders Place Their Bets

In related news, CFO Zane Rowe sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $187.23, for a total transaction of $1,123,380.00. Following the completion of the transaction, the chief financial officer owned 269,642 shares in the company, valued at approximately $50,485,071.66. The trade was a 2.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 Gerrit S. Kazmaier sold 2,729 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $187.28, for a total transaction of $511,087.12. Following the completion of the sale, the insider directly owned 251,314 shares of the company’s stock, valued at $47,066,085.92. The trade was a 1.07% decrease in their position. 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 a total of 988,104 shares of company stock worth $188,811,574 over the last ninety days. Company insiders own 18.64% of the company’s stock.

Workday Trading Down 0.5%

NASDAQ:WDAY opened at $202.96 on Thursday. Workday, Inc. has a 1-year low of $110.36 and a 1-year high of $247.40. The business’s 50-day moving average price is $193.01 and its two-hundred day moving average price is $155.32. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $48.91 billion, a price-to-earnings ratio of 33.33, a PEG ratio of 2.05 and a beta of 1.07.

Workday (NASDAQ:WDAY) last issued its earnings results on Thursday, August 27th. The software maker reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $0.14. The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Workday had a return on equity of 20.95% and a net margin of 12.32%. The company’s revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.21 earnings per share. On average, equities analysts expect that Workday, Inc. will post 5.32 earnings per share for the current year.

About Workday

Workday, Inc is an enterprise software company that provides cloud-based applications for managing human resources, finance and business operations. Its platform is designed to help organizations manage workforce information, accounting, financial reporting, procurement, expenses and other core business processes through a unified software environment.

The company’s products include human capital management, financial management, financial planning, spend management, payroll, recruiting, talent management, workforce planning, analytics and reporting solutions.