Mizuho Raises Prologis (NYSE:PLD) Price Target to $143.00

Prologis (NYSE:PLD) had its target price raised by equities researchers at Mizuho from $138.00 to $143.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s target price points to a potential upside of 12.57% from the company’s previous close.

PLD has been the topic of a number of other research reports. BNP Paribas Exane upped their price target on Prologis from $129.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Robert W. Baird reissued a “neutral” rating and issued a $130.00 price target (up from $128.00) on shares of Prologis in a research report on Thursday, January 8th. Morgan Stanley set a $135.00 price target on shares of Prologis in a report on Friday, January 16th. Industrial Alliance Securities set a $119.00 price target on Prologis in a report on Monday, October 20th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Prologis in a research note on Monday, December 29th. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $134.39.

Prologis Stock Up 0.3%

Shares of PLD stock opened at $127.03 on Monday. Prologis has a 52-week low of $85.35 and a 52-week high of $134.94. The firm’s 50-day moving average is $128.38 and its 200-day moving average is $119.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.64 and a current ratio of 0.19. The stock has a market cap of $118.00 billion, a price-to-earnings ratio of 37.04, a PEG ratio of 3.71 and a beta of 1.40.

Prologis (NYSE:PLD) last posted its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, hitting the consensus estimate of $1.44. Prologis had a return on equity of 6.64% and a net margin of 37.86%.The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter last year, the business earned $1.42 EPS. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Sell-side analysts predict that Prologis will post 5.73 EPS for the current year.

Insider Activity

In other Prologis news, Director Cristina Gabriela Bita sold 621 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $127.60, for a total transaction of $79,239.60. Following the transaction, the director owned 8,208 shares in the company, valued at approximately $1,047,340.80. This represents a 7.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.57% of the stock is currently owned by insiders.

Institutional Trading of Prologis

Several large investors have recently added to or reduced their stakes in the business. Peddock Capital Advisors LLC lifted its holdings in Prologis by 3.1% during the fourth quarter. Peddock Capital Advisors LLC now owns 2,651 shares of the real estate investment trust’s stock valued at $338,000 after purchasing an additional 80 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Prologis by 0.5% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 16,583 shares of the real estate investment trust’s stock worth $1,941,000 after buying an additional 82 shares in the last quarter. Foster Dykema Cabot & Partners LLC increased its stake in Prologis by 1.0% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 8,232 shares of the real estate investment trust’s stock worth $943,000 after buying an additional 83 shares in the last quarter. Cornerstone Advisory LLC lifted its position in shares of Prologis by 2.4% in the third quarter. Cornerstone Advisory LLC now owns 3,535 shares of the real estate investment trust’s stock valued at $405,000 after acquiring an additional 84 shares in the last quarter. Finally, Pallas Capital Advisors LLC lifted its position in shares of Prologis by 0.3% in the fourth quarter. Pallas Capital Advisors LLC now owns 26,350 shares of the real estate investment trust’s stock valued at $3,364,000 after acquiring an additional 85 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors.

Prologis Company 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.