Bessemer Group Inc. Acquires 50,395 Shares of Prologis, Inc. $PLD

Bessemer Group Inc. grew its holdings in shares of Prologis, Inc. (NYSE:PLD) by 3.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,646,358 shares of the real estate investment trust’s stock after purchasing an additional 50,395 shares during the period. Bessemer Group Inc.’s holdings in Prologis were worth $217,616,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Prologis by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock valued at $15,743,451,000 after buying an additional 1,258,407 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Prologis by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,012,940 shares of the real estate investment trust’s stock worth $2,925,791,000 after acquiring an additional 339,906 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Prologis by 4.4% in the fourth quarter. Capital Research Global Investors now owns 16,061,390 shares of the real estate investment trust’s stock worth $2,050,397,000 after acquiring an additional 678,363 shares during the last quarter. Norges Bank purchased a new stake in shares of Prologis in the fourth quarter worth $1,589,125,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Prologis by 4.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,639,644 shares of the real estate investment trust’s stock valued at $1,485,917,000 after acquiring an additional 516,765 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on PLD. Scotiabank cut shares of Prologis from a “sector outperform” rating to a “sector perform” rating and dropped their price target for the stock from $154.00 to $146.00 in a research note on Thursday, June 18th. Raymond James Financial initiated coverage on shares of Prologis in a report on Thursday, June 18th. They issued a “market perform” rating for the company. Argus upped their target price on shares of Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Wall Street Zen cut shares of Prologis from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $157.00 price target on shares of Prologis in a research report on Friday, April 17th. Fifteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Prologis currently has a consensus rating of “Moderate Buy” and an average price target of $152.81.

Prologis Trading Up 4.6%

Prologis stock opened at $149.96 on Friday. Prologis, Inc. has a one year low of $103.41 and a one year high of $150.18. The business’s fifty day moving average is $143.02 and its 200 day moving average is $137.82. The stock has a market capitalization of $139.81 billion, a PE ratio of 37.77 and a beta of 1.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51.

Prologis (NYSE:PLD) last issued its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.Prologis’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.43 EPS. On average, sell-side analysts predict that Prologis, Inc. will post 6.17 EPS for the current year.

Prologis Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were issued a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 annualized dividend and a yield of 2.9%. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis reported Q2 FFO and revenue ahead of estimates, reflecting stronger rental income and leasing performance. PLD’s Q2 Core FFO Beat Estimates, Revenues Rise on Higher Rental Income
• Positive Sentiment: The company raised full-year 2026 earnings guidance again, signaling improving operating momentum and stronger-than-expected fundamentals. Prologis Reports Second Quarter 2026 Results
• Positive Sentiment: Management highlighted record leasing activity and said demand is improving, including from AI-related warehouse needs, which supports the long-term growth outlook. Prologis seeing demand bump for logistics warehouses
• Positive Sentiment: Prologis also said AI spending could create millions of square feet of new warehouse demand, adding another growth catalyst for its logistics portfolio. Prologis Sees AI Spending Creating Millions of Square Feet of New Warehouse Demand
• Neutral Sentiment: Investors are also digesting the Q2 earnings call transcript and conference-call details for more color on leasing trends, development activity, and capital allocation. Prologis, Inc. (PLD) Q2 2026 Earnings Call Transcript

Insider Buying and Selling

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction that occurred on Monday, June 15th. The shares were 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 is available at the SEC website. Company insiders own 0.52% of the company’s stock.

Prologis Company 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.