Prologis (NYSE:PLD) Stock Unloaded Rep. David Taylor

Representative David Taylor (R-Ohio) recently sold shares of Prologis, Inc. (NYSE:PLD). In a filing disclosed on February 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Prologis stock on January 16th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 1/29/2026.

Prologis Price Performance

Shares of NYSE:PLD opened at $131.86 on Wednesday. Prologis, Inc. has a twelve month low of $85.35 and a twelve month high of $134.94. The company has a market cap of $122.48 billion, a price-to-earnings ratio of 37.14, a PEG ratio of 3.21 and a beta of 1.42. The business has a 50 day moving average price of $129.02 and a 200 day moving average price of $120.39. The company has a quick ratio of 0.64, a current ratio of 0.19 and a debt-to-equity ratio of 0.61.

Prologis (NYSE:PLD) last released its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.44. Prologis had a return on equity of 5.78% and a net margin of 37.86%.The business 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 earned $1.42 earnings per share. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Research analysts predict that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th were given a $1.01 dividend. This represents a $4.04 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, December 16th. Prologis’s dividend payout ratio (DPR) is currently 113.80%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Mizuho raised their target price on Prologis from $138.00 to $143.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. BTIG Research lifted their target price on shares of Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. Citigroup reaffirmed a “buy” rating on shares of Prologis in a research note on Monday, January 26th. Evercore ISI lifted their target price on Prologis from $118.00 to $121.00 and gave the stock an “in-line” rating in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada lifted their price target on shares of Prologis from $132.00 to $135.00 and gave the company a “sector perform” rating in a research note on Monday. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $135.32.

Institutional Trading of Prologis

A number of institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new position in Prologis in the 2nd quarter valued at $1,288,936,000. Franklin Resources Inc. raised its stake in Prologis by 216.0% during the second quarter. Franklin Resources Inc. now owns 10,050,843 shares of the real estate investment trust’s stock worth $1,056,545,000 after acquiring an additional 6,870,479 shares in the last quarter. Swedbank AB increased its position in Prologis by 36.2% during the 4th quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock worth $978,461,000 after purchasing an additional 2,038,329 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Prologis by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock worth $15,743,451,000 after buying an additional 1,258,407 shares in the last quarter. Finally, State Street Corp increased its holdings in 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. Institutional investors own 93.50% of the company’s stock.

Insider Activity

In related news, Director Cristina Gabriela Bita sold 621 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $127.60, for a total transaction of $79,239.60. Following the completion of the transaction, the director directly owned 8,208 shares of the company’s stock, valued at $1,047,340.80. This trade represents a 7.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.57% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.