Workday, Inc. $WDAY Shares Bought by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. grew its position in shares of Workday, Inc. (NASDAQ:WDAY) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,201 shares of the software maker’s stock after purchasing an additional 49 shares during the period. Johnson Investment Counsel Inc.’s holdings in Workday were worth $528,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of WDAY. Brighton Jones LLC boosted its stake in shares of Workday by 230.2% during the 4th quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock worth $1,033,000 after purchasing an additional 2,792 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Workday by 128.5% during the 1st quarter. GAMMA Investing LLC now owns 2,820 shares of the software maker’s stock worth $659,000 after purchasing an additional 1,586 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Workday by 3.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 40,545 shares of the software maker’s stock worth $9,468,000 after purchasing an additional 1,469 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new position in shares of Workday during the 1st quarter worth about $245,000. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Workday by 9.6% during the 1st quarter. Exchange Traded Concepts LLC now owns 975 shares of the software maker’s stock worth $228,000 after acquiring an additional 85 shares during the period. 89.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Workday

In other news, CAO Mark S. Garfield sold 1,915 shares of the firm’s stock in a transaction that occurred on Thursday, October 9th. The shares were sold at an average price of $238.96, for a total transaction of $457,608.40. Following the completion of the sale, the chief accounting officer owned 37,351 shares of the company’s stock, valued at approximately $8,925,394.96. This trade represents a 4.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael M. Mcnamara sold 5,393 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $235.16, for a total transaction of $1,268,217.88. Following the sale, the director directly owned 24,078 shares of the company’s stock, valued at $5,662,182.48. The trade was a 18.30% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 264,933 shares of company stock valued at $61,475,760. Corporate insiders own 19.31% of the company’s stock.

Workday Trading Down 1.0%

WDAY opened at $234.76 on Thursday. The firm has a market capitalization of $62.68 billion, a P/E ratio of 108.69, a P/E/G ratio of 2.96 and a beta of 1.10. The firm’s 50 day moving average is $230.93 and its 200-day moving average is $236.80. Workday, Inc. has a 52-week low of $205.33 and a 52-week high of $294.00. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.33.

Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Thursday, August 21st. The software maker reported $2.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.12. The company had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.34 billion. Workday had a net margin of 6.51% and a return on equity of 9.74%. The business’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.75 earnings per share. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Analysts expect that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WDAY. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price objective on shares of Workday in a report on Wednesday, September 17th. Sanford C. Bernstein reiterated an “outperform” rating and set a $304.00 price objective on shares of Workday in a report on Friday, August 22nd. Zacks Research upgraded shares of Workday from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 18th. BMO Capital Markets cut their price objective on shares of Workday from $314.00 to $285.00 and set an “outperform” rating on the stock in a report on Friday, August 22nd. Finally, Guggenheim upgraded shares of Workday from a “neutral” rating to a “buy” rating and set a $285.00 price objective on the stock in a report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $287.83.

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.