Prologis, Inc. $PLD Stake Raised by AMF Tjanstepension AB

AMF Tjanstepension AB boosted its holdings in shares of Prologis, Inc. (NYSE:PLD) by 2.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,808,772 shares of the real estate investment trust’s stock after buying an additional 87,168 shares during the quarter. Prologis accounts for 3.3% of AMF Tjanstepension AB’s investment portfolio, making the stock its 7th largest position. AMF Tjanstepension AB’s holdings in Prologis were worth $503,443,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Prologis by 1.0% in the fourth 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 purchasing an additional 1,258,407 shares during the period. Geode Capital Management LLC boosted its stake in shares of Prologis by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 23,012,940 shares of the real estate investment trust’s stock valued at $2,925,791,000 after buying an additional 339,906 shares during the period. Capital Research Global Investors grew its holdings in Prologis by 4.4% during the 4th 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 in the last quarter. Norges Bank acquired a new stake in shares of Prologis in the 4th quarter valued at $1,589,125,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Prologis by 4.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,639,644 shares of the real estate investment trust’s stock worth $1,485,917,000 after purchasing an additional 516,765 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Trading Up 0.0%

NYSE:PLD opened at $140.91 on Monday. The stock’s 50 day simple moving average is $142.82 and its 200-day simple moving average is $137.37. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $150.18. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60. The firm has a market cap of $131.38 billion, a P/E ratio of 35.49 and a beta of 1.32.

Prologis (NYSE:PLD) last issued its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) 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 the consensus estimate of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities analysts anticipate that Prologis, Inc. will post 6.17 EPS for the current year.

Prologis Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were given a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.0%. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

Insider Activity

In related news, CFO Timothy D. Arndt sold 3,597 shares of the business’s stock in a transaction dated 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 document filed with the SEC, which is available through this link. 0.52% of the stock is owned by company insiders.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis is pressing SEGRO’s board to enter talks on its merger proposal, signaling a potentially transformative strategic move that could expand its platform if a deal advances. Prologis Pushes for Talks on $16.9 Billion Segro Bid
• Positive Sentiment: Analyst commentary around the SEGRO bid suggests the transaction’s potential upside is still attracting market attention, even as some of that upside may already be reflected in valuation. Analyst Downgrades Segro to Hold as Prologis Bid Upside Appears Priced In, Highlighting Execution and Valuation Risks
• Positive Sentiment: Coverage focusing on logistics demand and Prologis as a growth stock may be supporting sentiment by highlighting its role in a still-relevant industrial real estate theme. Prologis (NYSE:PLD): Can Logistics Demand Drive the Next Move?
• Neutral Sentiment: Several recent articles were generic watchlist and earnings-preview pieces, which add visibility but do not materially change the investment case on their own. Top Growth Stocks To Watch Today – July 9th
• Neutral Sentiment: Investors are also watching Prologis ahead of earnings, but this appears to be a standard catalyst rather than a new development. Prologis (PLD) Expected to Post Earnings on Thursday
• Negative Sentiment: Some commentary highlights execution and valuation risks around the SEGRO deal, which could weigh on sentiment if investors worry the acquisition will be expensive or difficult to complete. Analyst Downgrades Segro to Hold as Prologis Bid Upside Appears Priced In, Highlighting Execution and Valuation Risks

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Wall Street Zen downgraded shares of Prologis from a “hold” rating to a “sell” rating in a research report on Saturday, June 27th. BTIG Research raised their price objective on Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Truist Financial boosted their target price on Prologis from $139.00 to $154.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company lifted their price target on Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Fifteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $152.00.

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.