Hohimer Wealth Management LLC Increases Stock Holdings in Prologis, Inc. $PLD

Hohimer Wealth Management LLC grew its stake in shares of Prologis, Inc. (NYSE:PLD) by 121.7% during the third quarter, HoldingsChannel reports. The firm owned 34,828 shares of the real estate investment trust’s stock after purchasing an additional 19,122 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Prologis were worth $3,989,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PLD. Vanguard Group Inc. boosted its holdings in shares of Prologis by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 122,064,883 shares of the real estate investment trust’s stock valued at $13,978,870,000 after buying an additional 323,551 shares in the last quarter. State Street Corp increased its holdings in shares of Prologis by 1.9% in the 2nd quarter. State Street Corp now owns 58,640,842 shares of the real estate investment trust’s stock worth $6,164,325,000 after purchasing an additional 1,088,544 shares in the last quarter. Geode Capital Management LLC raised its position in Prologis by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 22,416,833 shares of the real estate investment trust’s stock worth $2,345,922,000 after buying an additional 310,333 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Prologis by 1.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 16,506,899 shares of the real estate investment trust’s stock valued at $1,735,205,000 after purchasing an additional 253,338 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Prologis during the 2nd quarter valued at $1,288,936,000. 93.50% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Prologis

In other news, Director Cristina Gabriela Bita sold 621 shares of Prologis stock in a transaction on Monday, December 1st. The stock was sold at an average price of $127.60, for a total value of $79,239.60. Following the transaction, the director directly owned 8,208 shares in the company, valued at approximately $1,047,340.80. This trade represents a 7.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.57% of the company’s stock.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Analyst upgrade pushed PLD to a new 1‑year high, prompting buying interest and supporting the share rally. Prologis (NYSE:PLD) Hits New 1-Year High After Analyst Upgrade
• Positive Sentiment: Management will present at the Citi 2026 Global Property CEO Conference (Mar 2) and Raymond James Institutional Investors Conference (Mar 3), giving investors a direct update on fundamentals and guidance that can drive near‑term sentiment. Prologis to Participate in Industry Conferences
• Positive Sentiment: Prologis agreed to assume management rights previously held by Macquarie for FIBRA Macquarie in Mexico (subject to conditions), which could increase Prologis’s operational control and fee income in a fast‑growing logistics market. Notice Regarding Public Announcement by Macquarie, Prologis and FIBRA Prologis
• Neutral Sentiment: Market recap pieces note PLD advanced while the broader market declined; useful confirmation of today’s price action but not new fundamental information. Prologis (PLD) Advances While Market Declines: Some Information for Investors
• Negative Sentiment: An analyst/opinion piece argues Prologis looks more expensive than close peers, which could pressure the stock if broader REIT rotation or profit‑taking occurs. Prologis Looks More Expensive Than Close Peers

Prologis Trading Up 1.9%

Shares of PLD opened at $142.63 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a market capitalization of $132.58 billion, a price-to-earnings ratio of 40.18, a PEG ratio of 3.46 and a beta of 1.42. The company has a 50-day moving average of $132.59 and a 200 day moving average of $123.93. Prologis, Inc. has a 1-year low of $85.35 and a 1-year high of $142.85.

Prologis (NYSE:PLD) last released its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, hitting the consensus estimate of $1.44. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same period last year, the business posted $1.42 EPS. Prologis’s quarterly revenue was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, research analysts expect that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a dividend of $1.07 per share. This is a boost from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Tuesday, March 17th. Prologis’s payout ratio is 113.80%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Morgan Stanley set a $135.00 price objective on shares of Prologis in a research note on Friday, January 16th. UBS Group upped their price objective on Prologis from $144.00 to $148.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Barclays reaffirmed an “overweight” rating and set a $139.00 target price on shares of Prologis in a research note on Tuesday, January 13th. Citigroup reaffirmed a “buy” rating on shares of Prologis in a research note on Monday, January 26th. Finally, Wall Street Zen cut shares of Prologis from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Prologis currently has a consensus rating of “Moderate Buy” and a consensus price target of $136.95.

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.