Envestnet Portfolio Solutions Inc. Boosts Stock Holdings in Prologis, Inc. $PLD

Envestnet Portfolio Solutions Inc. boosted its position in Prologis, Inc. (NYSE:PLD) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 254,740 shares of the real estate investment trust’s stock after purchasing an additional 4,471 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Prologis were worth $32,520,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in PLD. Vanguard Group Inc. raised its stake in shares of Prologis by 1.0% during 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 buying an additional 1,258,407 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Prologis by 1.3% in the 4th quarter. Principal Financial Group Inc. now owns 10,946,760 shares of the real estate investment trust’s stock valued at $1,397,467,000 after buying an additional 135,912 shares during the period. Swedbank AB boosted its stake in shares of Prologis by 36.2% in the fourth quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock valued at $978,461,000 after buying an additional 2,038,329 shares in the last quarter. Capital International Investors grew its holdings in Prologis by 15.0% during the third quarter. Capital International Investors now owns 7,247,383 shares of the real estate investment trust’s stock worth $829,970,000 after acquiring an additional 946,847 shares during the period. Finally, Wellington Management Group LLP grew its holdings in Prologis by 1.2% during the third quarter. Wellington Management Group LLP now owns 6,995,375 shares of the real estate investment trust’s stock worth $801,110,000 after acquiring an additional 85,012 shares during the period. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on PLD. Freedom Capital downgraded Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Mizuho upped their price target on shares of Prologis from $143.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Robert W. Baird increased their price target on shares of Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a report on Friday, April 17th. Bank of America raised their price objective on shares of Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Finally, UBS Group boosted their price objective on shares of Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Sixteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $149.76.

Prologis Stock Up 1.2%

PLD opened at $142.26 on Tuesday. 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 company has a market cap of $132.63 billion, a price-to-earnings ratio of 35.83, a PEG ratio of 3.10 and a beta of 1.33. Prologis, Inc. has a one year low of $103.02 and a one year high of $145.44. The business’s fifty day moving average is $137.10 and its two-hundred day moving average is $132.85.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the business posted $1.43 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Analysts anticipate that Prologis, Inc. will post 6.17 EPS for the current fiscal year.

Prologis Announces Dividend

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

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.