Workday, Inc. $WDAY Shares Purchased by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management increased its Workday stake by 211.1% in the third quarter, acquiring 329,687 additional shares and bringing its holdings to 485,836 shares worth approximately $92.5 million. Institutional investors and hedge funds own 89.81% of the stock.
• Workday exceeded quarterly expectations with adjusted earnings of $2.75 per share versus the $2.61 consensus, while revenue rose 12.8% year over year to $2.65 billion. Shares opened at $202.96, near the analyst consensus target of $205.03.
• Analyst sentiment is mixed, with 19 Buy, 19 Hold and two Sell ratings; meanwhile, insiders sold approximately 988,104 shares worth $188.8 million last quarter, although some transactions were conducted under tax-related Rule 10b5-1 plans.

Robeco Institutional Asset Management B.V. boosted its holdings in shares of Workday, Inc. (NASDAQ:WDAY - Free Report) by 211.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 485,836 shares of the software maker's stock after purchasing an additional 329,687 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.20% of Workday worth $92,532,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Diversify Advisory Services LLC bought a new stake in Workday in the third quarter valued at $290,000. Rare Wolf Capital LLC lifted its holdings in shares of Workday by 14.1% during the third quarter. Rare Wolf Capital LLC now owns 7,236 shares of the software maker's stock valued at $1,378,000 after acquiring an additional 893 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in shares of Workday by 8.1% during the third quarter. Bank Pictet & Cie Europe AG now owns 77,362 shares of the software maker's stock valued at $14,734,000 after acquiring an additional 5,811 shares during the period. 55 North Private Wealth LLC acquired a new stake in shares of Workday in the 3rd quarter valued at $210,000. Finally, Net Worth Advisory Group acquired a new stake in shares of Workday in the 3rd quarter valued at $349,000. 89.81% of the stock is owned by institutional investors and hedge funds.

Workday Price Performance

Shares of WDAY stock opened at $202.96 on Thursday. The stock's fifty day moving average is $193.01 and its 200-day moving average is $155.32. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $48.91 billion, a PE ratio of 33.33, a PEG ratio of 2.05 and a beta of 1.07. Workday, Inc. has a 52 week low of $110.36 and a 52 week high of $247.40.

Workday (NASDAQ:WDAY - Get Free Report) last announced its earnings results on Thursday, August 27th. The software maker reported $2.75 earnings per share for the quarter, beating analysts' consensus estimates of $2.61 by $0.14. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.64 billion. Workday had a return on equity of 20.95% and a net margin of 12.32%. The firm's quarterly revenue was up 12.8% compared to the same quarter last year. During the same period last year, the company posted $2.21 earnings per share. Equities research analysts expect that Workday, Inc. will post 5.32 EPS for the current fiscal year.

Key Stories 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.

Insider Activity

In other Workday news, insider Gerrit Kazmaier sold 2,729 shares of the firm's stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $187.28, for a total value of $511,087.12. Following the completion of the sale, the insider owned 251,314 shares in the company, valued at approximately $47,066,085.92. This trade represents a 1.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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, CAO Mark Garfield sold 918 shares of the business's stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $189.45, for a total transaction of $173,915.10. Following the completion of the transaction, the chief accounting officer directly owned 69,309 shares of the company's stock, valued at approximately $13,130,590.05. This represents a 1.31% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 988,104 shares of company stock worth $188,811,574. 18.64% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

WDAY has been the topic of several analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $230.00 target price on shares of Workday in a report on Monday, October 5th. Capital One Financial set a $219.00 price target on shares of Workday and gave the company an "equal weight" rating in a research report on Friday, August 28th. Canaccord Genuity Group boosted their price target on shares of Workday from $200.00 to $225.00 and gave the company a "buy" rating in a research report on Tuesday, August 25th. Mizuho set a $210.00 price objective on shares of Workday in a research note on Wednesday, October 14th. Finally, The Goldman Sachs Group raised their price objective on shares of Workday from $151.00 to $164.00 and gave the stock a "neutral" rating in a report on Monday, August 31st. Nineteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $205.03.

Workday Profile

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.

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