Capital Research Global Investors Boosts Stock Holdings in Prologis, Inc. $PLD

Capital Research Global Investors raised its holdings in Prologis, Inc. (NYSE:PLD) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,061,390 shares of the real estate investment trust’s stock after purchasing an additional 678,363 shares during the period. Capital Research Global Investors owned 1.73% of Prologis worth $2,050,397,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. High Point Wealth Management LLC bought a new position in shares of Prologis in the fourth quarter valued at approximately $26,000. Ares Financial Consulting LLC bought a new stake in Prologis during the fourth quarter valued at approximately $26,000. Eagle Bay Advisors LLC bought a new stake in Prologis during the fourth quarter valued at approximately $27,000. High Note Wealth LLC raised its stake in shares of Prologis by 43.9% during the fourth quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 76 shares in the last quarter. Finally, True Wealth Design LLC raised its stake in shares of Prologis by 87.1% during the fourth quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 122 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. BNP Paribas Exane lifted their price target on shares of Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Citigroup lifted their target price on shares of Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada boosted their price objective on shares of Prologis from $135.00 to $148.00 and gave the company a “sector perform” rating in a research report on Tuesday, April 28th. UBS Group boosted their price objective on shares of Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Jefferies Financial Group dropped their target price on shares of Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $151.86.

Prologis Price Performance

PLD opened at $144.69 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a market capitalization of $134.90 billion, a P/E ratio of 36.45, a P/E/G ratio of 3.18 and a beta of 1.32. The company’s 50-day simple moving average is $140.40 and its two-hundred day simple moving average is $134.72. Prologis, Inc. has a 52-week low of $103.41 and a 52-week high of $147.93.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter in the prior year, the business earned $1.43 EPS. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, analysts predict that Prologis, Inc. will post 6.18 EPS for the current year.

Prologis Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a dividend of $1.07 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. Prologis’s dividend payout ratio is presently 107.81%.

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.