Prologis, Inc. $PLD Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. reduced its stake in Prologis, Inc. (NYSE:PLD) by 2.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 165,139 shares of the real estate investment trust’s stock after selling 4,948 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Prologis were worth $21,828,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of PLD. Ares Financial Consulting LLC purchased a new stake in Prologis during the 4th quarter worth approximately $26,000. High Point Wealth Management LLC purchased a new position in shares of Prologis in the fourth quarter worth $26,000. Eagle Bay Advisors LLC purchased a new position in shares of Prologis in the fourth quarter worth $27,000. SouthState Bank Corp lifted its stake in shares of Prologis by 73.1% during the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 95 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Prologis during the fourth quarter worth $29,000. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Prologis

In other news, CFO Timothy D. Arndt sold 3,597 shares of the company’s 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 sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.52% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Bank of America upped their target price on Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Robert W. Baird lifted their price target on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Scotiabank boosted their price target on Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a research note on Thursday. UBS Group increased their price objective on Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $157.00 price objective on shares of Prologis in a research note on Friday, April 17th. Fifteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Prologis presently has an average rating of “Moderate Buy” and a consensus target price of $153.81.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Segro’s board said it would recommend Prologis’s final $18.7 billion takeover bid, a sign the deal is gaining traction and could expand Prologis’s portfolio and long-term growth prospects. Article Title
• Positive Sentiment: Scotiabank raised its price target on Prologis to $150 from $146, while Truist boosted its target to $162, reflecting improved analyst confidence in the stock’s valuation. Article Title
• Positive Sentiment: Recent commentary highlighted Prologis as potentially undervalued after its earnings beat and raised guidance, reinforcing optimism around earnings momentum and fundamentals. Article Title
• Neutral Sentiment: Additional articles noted renewed investor attention on logistics and data-center themes, but these were more thematic than company-specific and did not include new financial results or formal guidance changes. Article Title

Prologis Stock Up 1.6%

NYSE:PLD opened at $147.43 on Friday. The firm has a market capitalization of $137.45 billion, a P/E ratio of 32.84 and a beta of 1.32. Prologis, Inc. has a 1-year low of $103.41 and a 1-year high of $153.35. The company’s fifty day moving average price is $143.56 and its 200-day moving average price is $138.55. 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 issued its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.38. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, equities research analysts anticipate that Prologis, Inc. will post 6.28 EPS for the current year.

Prologis Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were issued a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 16th. Prologis’s payout ratio is 95.32%.

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.