Liberty One Investment Management LLC boosted its stake in Prologis, Inc. (NYSE:PLD – Free Report) by 37.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,261 shares of the real estate investment trust’s stock after buying an additional 12,835 shares during the period. Liberty One Investment Management LLC’s holdings in Prologis were worth $6,247,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. High Point Wealth Management LLC bought a new position in Prologis in the fourth quarter worth $26,000. Ares Financial Consulting LLC bought a new stake in shares of Prologis during the 4th quarter valued at $26,000. Eagle Bay Advisors LLC bought a new stake in shares of Prologis during the 4th quarter valued at $27,000. SouthState Bank Corp grew its position 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 worth $29,000 after buying an additional 95 shares during the period. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Prologis in the 4th quarter worth about $29,000. 93.50% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on PLD shares. Bank of America increased their price target on shares of Prologis from $153.00 to $162.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. The Goldman Sachs Group restated a “neutral” rating and issued a $157.00 price objective on shares of Prologis in a report on Friday, April 17th. BTIG Research lifted their target price on shares of Prologis from $160.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. BMO Capital Markets dropped their price target on Prologis from $162.00 to $158.00 and set an “outperform” rating on the stock in a research report on Monday, June 29th. Finally, Wall Street Zen upgraded Prologis from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Fifteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Prologis has an average rating of “Moderate Buy” and an average target price of $153.81.
Prologis Stock Performance
Shares of PLD stock opened at $145.10 on Friday. The company has a market capitalization of $135.28 billion, a price-to-earnings ratio of 32.32 and a beta of 1.32. 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, Inc. has a one year low of $103.41 and a one year high of $153.35. The company’s 50-day moving average is $143.42 and its 200 day moving average is $138.49.
Prologis (NYSE:PLD – Get Free Report) last issued its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The business had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the previous year, the company earned $1.46 earnings per share. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Sell-side analysts expect that Prologis, Inc. will post 6.28 EPS for the current fiscal year.
Prologis Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a $1.07 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $4.28 annualized dividend and a yield of 2.9%. Prologis’s dividend payout ratio is 95.32%.
Insider Transactions at Prologis
In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.52% of the company’s stock.
More Prologis News
Here are the key news stories impacting Prologis this week:
- Positive Sentiment: Prologis made a final takeover bid for U.K. warehouse landlord SEGRO worth about $18.7 billion, and SEGRO’s board said it would recommend the proposal to shareholders. That improves the odds of a deal and highlights Prologis’s ability to use M&A to expand its logistics real estate footprint. Article Title
- Positive Sentiment: Scotiabank raised its price target on Prologis to $150 from $146, while Truist lifted its target to $162, signaling continued confidence in the stock’s valuation and long-term outlook. Article Title Article Title
- Positive Sentiment: Recent coverage says investor interest in logistics and data-center themes is returning, which could support Prologis’s industrial warehouse portfolio and AI-related expansion narrative. Article Title
- Neutral Sentiment: Some commentary says the stock may be trading above fair value after a strong run, which could temper near-term upside even as fundamentals remain solid. Article Title
- Neutral Sentiment: Analysts have also pointed to Prologis’s recent earnings strength as a broader boost for industrial REITs, reinforcing the company’s operating momentum rather than changing the story materially. Article Title
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.
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