Burling Wealth Partners LLC Grows Holdings in Prologis, Inc. $PLD

Burling Wealth Partners LLC raised its position in Prologis, Inc. (NYSE:PLD) by 9.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,384 shares of the real estate investment trust’s stock after purchasing an additional 3,919 shares during the quarter. Burling Wealth Partners LLC’s holdings in Prologis were worth $5,734,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. High Point Wealth Management LLC acquired a new stake in Prologis during the 4th quarter worth approximately $26,000. Ares Financial Consulting LLC purchased a new stake in shares of Prologis in the 4th quarter valued at approximately $26,000. Eagle Bay Advisors LLC acquired a new stake in shares of Prologis in the 4th quarter valued at $27,000. SouthState Bank Corp raised its holdings in shares of Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 95 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Prologis during the 4th quarter worth $29,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Buying and Selling at Prologis

In other news, CFO Timothy D. Arndt sold 3,597 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.52% of the company’s stock.

Prologis Stock Performance

Shares of PLD stock opened at $147.43 on Tuesday. The stock’s 50-day moving average is $143.20 and its two-hundred day moving average is $138.10. The firm has a market cap of $137.46 billion, a price-to-earnings ratio of 32.84 and a beta of 1.32. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $153.35. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.51 and a current ratio of 0.27.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.38. The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Analysts predict that Prologis, Inc. will post 6.26 earnings per share for the current year.

Prologis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a yield of 2.9%. Prologis’s payout ratio is currently 95.32%.

Wall Street Analysts Forecast Growth

PLD has been the topic of several recent analyst reports. Bank of America increased their target price on Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a report on Monday, April 20th. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings upgraded Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Barclays increased their price objective on Prologis from $139.00 to $156.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Evercore set a $135.00 target price on Prologis in a research note on Friday, April 17th. Fifteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $153.24.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Negative Sentiment: SEGRO rejected Prologis’ revised takeover offer for the third time, reducing the odds of a deal and weighing on investor sentiment toward PLD. Reuters article
• Negative Sentiment: Prologis’ sweetened bid was publicly rejected again, suggesting management may need to either walk away or pay up further, both of which can create uncertainty for shareholders. Yahoo Finance article
• Neutral Sentiment: Trading activity in Prologis’ stock has climbed within the S&P 500, which points to elevated investor attention but does not by itself explain a clear directional move. Kalkine Media article
• Neutral Sentiment: Momentum-focused commentary and “top growth stock” mentions may support the longer-term bull case, but these pieces are less likely to drive today’s trading than the SEGRO news. Zacks article
• Positive Sentiment: Recent earnings-related coverage highlighted strong lease signings and an improved outlook, which continues to support the stock’s fundamental backdrop even as merger speculation creates volatility. Yahoo Finance article

Prologis Profile

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.