Mondrian Investment Partners 13F: Cuts WDAY Stake by $51M

Mondrian Investment Partners cut its stake in Workday, Inc. WDAY by 41.3% during the quarter, according to a Form 13F filing with the SEC on October 23, 2026. The institutional investor sold 269,609 shares of the software maker, leaving it with 383,051 shares. The remaining position was valued at $72,955,893 at the close of the period. Workday closed at $209.99 on the filing date.

WDAY Workday, Inc.

$209.99 ▲ +2.04% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mondrian Investment Partners's Workday Position

Mondrian's reduction lowered its exposure to the enterprise cloud applications provider significantly. Before the trade, the firm held 652,660 shares. Dropping 269,609 shares brought its final count down to 383,051 shares.

Other Institutional Activity in Workday

Other large funds made substantial moves in Workday during recent periods. Hotchkis & Wiley Capital Management, LLC grew its holdings by 2,023,503 shares, ending with 12,679,129 shares worth about $2,662,490,368 after a 19.0% increase. Eagle Capital Management LLC added 2,616,506 shares for a 30.0% boost, finishing with 11,323,681 shares valued at roughly $2,377,859,835. First Eagle Investment Management, LLC lifted its position by 1,215,863 shares, representing a 16.0% rise to reach 8,824,517 shares worth about $1,853,060,373.

Workday, Inc. Stock Up 3.4%

Workday shares recently traded around $209.91 as of October 24, 2026, sitting about equal to the previous close of $209.99. The stock is positioned 8.6% above its 50-day moving average of $193.29 and trades 15.1% below its 52-week high of $247.10. Over the past year, the shares have climbed as high as that peak while touching a low of $110.36.

Recent Earnings

Workday generated $10,154,999,808 in trailing-twelve-month revenue with $5.08 in trailing-twelve-month earnings per share. The company reported a net profit margin of 12.3% and a return on equity of 16.0%. Its next earnings report is scheduled for December 1, 2026.

Insider Buying and Selling at Workday, Inc.

Company insiders completed several transactions ahead of the filing. David A. Duffield sold 99,228 shares on October 6, 2026, for a total value of $18,587,115. Gerrit S Kazmaier disposed of 2,729 shares on October 6, 2026. David A. Duffield later sold 99,835 shares on October 9, 2026, valued at $18,723,976. Mark S. Garfield parted with 918 shares on October 12, 2026, at an average price of $189.45 for a total of $173,915.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through October. On October 5, 2026, Needham reiterated its buy rating with a $230.00 price target. Jefferies maintained a hold rating and lowered its target from $220.00 to $210.00 on October 8, 2026. UBS kept a neutral rating and trimmed its target from $220.00 to $210.00 on October 14, 2026. Keybanc issued a sector perform rating on October 16, 2026. The stock carries a consensus buy rating from 37 analysts with a mean price target of $209.25.

About Workday

Workday, Inc. builds enterprise cloud software applications used by organizations around the world to handle core business operations. Its platform gives companies tools for financial management, accounting processes, and real-time operational insights. Based in Pleasanton, California, the firm serves customers across diverse industries seeking unified cloud systems.

Bottom Line

Investors will look ahead to Workday's upcoming earnings release on December 1, 2026, to gauge the company's financial momentum. Future regulatory filings will reveal whether other institutional investors follow Mondrian's lead in adjusting their stakes.