Allspring Global Investments Holdings LLC raised its position in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 16.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 840,001 shares of the real estate investment trust’s stock after acquiring an additional 120,414 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Prologis were worth $111,997,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of Prologis in the fourth quarter valued at about $1,589,125,000. Cardano Risk Management B.V. grew its stake in Prologis by 999.3% during the 4th quarter. Cardano Risk Management B.V. now owns 11,228,730 shares of the real estate investment trust’s stock valued at $1,433,460,000 after acquiring an additional 10,207,267 shares in the last quarter. Swedbank AB raised its holdings in Prologis by 36.2% in the 4th quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock valued at $978,461,000 after acquiring an additional 2,038,329 shares during the last quarter. Bessemer Group Inc. lifted its stake in Prologis by 8,000.9% in the 4th quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock worth $203,741,000 after purchasing an additional 1,576,262 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Prologis by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock worth $15,743,451,000 after purchasing an additional 1,258,407 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.
Prologis Price Performance
PLD stock opened at $149.65 on Friday. The company has a current ratio of 0.27, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $139.53 billion, a PE ratio of 33.33 and a beta of 1.32. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $153.35. The business’s fifty day moving average price is $143.14 and its 200 day moving average price is $137.90.
Prologis Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were paid a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 16th. Prologis’s dividend payout ratio is presently 107.81%.
Insider Transactions at Prologis
In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the firm’s 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on PLD. Robert W. Baird upped their price target on Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. BNP Paribas Exane raised their target price on Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Raymond James Financial assumed coverage on shares of Prologis in a research report on Thursday, June 18th. They set a “market perform” rating on the stock. Evercore set a $135.00 price objective on shares of Prologis in a report on Friday, April 17th. Finally, UBS Group raised their price objective on shares of Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Fifteen research 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 currently has a consensus rating of “Moderate Buy” and an average price target of $153.24.
View Our Latest Stock Report on PLD
Key Prologis News
Here are the key news stories impacting Prologis this week:
- Positive Sentiment: Prologis reported Q2 results above expectations, with strong rental income, record leasing, and occupancy remaining solid, which supports confidence in near-term cash flow and earnings growth.
- Positive Sentiment: The company raised its 2026 earnings guidance again, signaling that management sees stronger-than-expected operating momentum and improving fundamentals across the portfolio. Prologis Reports Second Quarter 2026 Results
- Positive Sentiment: Analysts and market commentary are focusing on Prologis’ expanding role in AI-related logistics and data center infrastructure, which could open a new long-term growth avenue and lift investor sentiment. PLD Q2 Earnings Call Shows Growth Across Logistics, Data Centers
- Neutral Sentiment: Some commentary notes that the stock’s valuation is already rich after a strong run, which may limit upside if growth expectations cool. Prologis: AI Creates An Opportunity, But The Price Is High
- Negative Sentiment: Valuation concerns could create some near-term pressure as investors weigh whether the recent rally has already priced in much of the earnings upgrade and AI-related optimism.
About Prologis
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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