Assetmark Inc. Has $14.07 Million Position in Prologis, Inc. $PLD

Assetmark Inc. raised its holdings in Prologis, Inc. (NYSE:PLD) by 30.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 106,415 shares of the real estate investment trust’s stock after purchasing an additional 25,030 shares during the period. Assetmark Inc.’s holdings in Prologis were worth $14,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Angeles Wealth Management LLC raised its position in Prologis by 14.9% in the first quarter. Angeles Wealth Management LLC now owns 3,090 shares of the real estate investment trust’s stock worth $408,000 after purchasing an additional 400 shares in the last quarter. Clearstead Trust LLC boosted its holdings in Prologis by 181.1% during the first quarter. Clearstead Trust LLC now owns 253 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 163 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of Prologis by 3.2% in the 1st quarter. Bessemer Group Inc. now owns 1,646,358 shares of the real estate investment trust’s stock worth $217,616,000 after buying an additional 50,395 shares in the last quarter. B&I Capital AG raised its holdings in shares of Prologis by 11.8% in the 1st quarter. B&I Capital AG now owns 332,721 shares of the real estate investment trust’s stock worth $43,979,000 after buying an additional 35,000 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Prologis by 16.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 840,001 shares of the real estate investment trust’s stock worth $111,997,000 after buying an additional 120,414 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Buying and Selling at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. DA Davidson boosted their price target on Prologis from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Wall Street Zen upgraded Prologis from a “sell” rating to a “hold” rating in a research note on Saturday. Robert W. Baird lifted their price objective on Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a report on Friday, April 17th. Citigroup boosted their target price on shares of Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Finally, Truist Financial upped their target price on shares of Prologis from $139.00 to $154.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Fifteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Prologis currently has an average rating of “Moderate Buy” and an average target price of $153.24.

Prologis Stock Down 0.1%

Shares of PLD opened at $149.65 on Monday. The company has a market capitalization of $139.53 billion, a P/E ratio of 33.33 and a beta of 1.32. Prologis, Inc. has a one year low of $103.41 and a one year high of $153.35. The business’s 50 day simple moving average is $143.14 and its 200-day simple moving average is $137.97. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.27 and a quick ratio of 0.51.

Prologis (NYSE:PLD) last released its quarterly earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.38. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period last year, the firm posted $1.46 EPS. The business’s revenue was up 11.0% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, sell-side analysts predict that Prologis, Inc. will post 6.26 EPS for the current fiscal year.

Prologis Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were paid 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 2.9%. Prologis’s dividend payout ratio (DPR) is 95.32%.

Prologis News Summary

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.

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.