Resona Asset Management Co. Ltd. Buys 33,133 Shares of Prologis, Inc. $PLD

Resona Asset Management Co. Ltd. grew its stake in shares of Prologis, Inc. (NYSE:PLD) by 6.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 570,246 shares of the real estate investment trust’s stock after purchasing an additional 33,133 shares during the quarter. Resona Asset Management Co. Ltd. owned approximately 0.06% of Prologis worth $65,185,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PLD. UniSuper Management Pty Ltd grew its holdings in Prologis by 28.0% in the 3rd quarter. UniSuper Management Pty Ltd now owns 417,638 shares of the real estate investment trust’s stock worth $47,828,000 after acquiring an additional 91,444 shares during the last quarter. Westfuller Advisors LLC purchased a new stake in shares of Prologis during the third quarter worth about $271,000. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Prologis by 39.4% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 250,269 shares of the real estate investment trust’s stock worth $28,661,000 after purchasing an additional 70,750 shares during the period. UNIVEST FINANCIAL Corp increased its holdings in Prologis by 10.8% during the 3rd quarter. UNIVEST FINANCIAL Corp now owns 14,677 shares of the real estate investment trust’s stock valued at $1,681,000 after purchasing an additional 1,433 shares during the period. Finally, Seven Post Investment Office LP raised its position in Prologis by 0.9% during the 3rd quarter. Seven Post Investment Office LP now owns 146,673 shares of the real estate investment trust’s stock valued at $16,797,000 after purchasing an additional 1,281 shares during the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Prologis

In related news, Director Cristina Gabriela Bita sold 621 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $127.60, for a total value of $79,239.60. Following the sale, the director owned 8,208 shares in the company, valued at $1,047,340.80. This represents a 7.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.57% of the stock is currently owned by corporate insiders.

Prologis Price Performance

PLD opened at $127.03 on Friday. The company has a current ratio of 0.19, a quick ratio of 0.64 and a debt-to-equity ratio of 0.61. The company has a market cap of $118.00 billion, a price-to-earnings ratio of 35.78, a price-to-earnings-growth ratio of 3.70 and a beta of 1.40. The stock has a fifty day simple moving average of $128.38 and a two-hundred day simple moving average of $119.18. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $134.94.

Prologis (NYSE:PLD) last issued its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.44. Prologis had a net margin of 37.86% and a return on equity of 6.64%. The company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period last year, the business earned $1.42 EPS. Prologis’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. Research analysts predict that Prologis, Inc. will post 5.73 earnings per share for the current fiscal year.

Prologis Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th were issued a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Tuesday, December 16th. Prologis’s dividend payout ratio (DPR) is presently 117.78%.

Key Headlines Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q4 revenue beat and strong leasing — Prologis reported Q4 results with revenue above expectations and management highlighted robust warehouse leasing, supporting near-term cash flow and rent-roll momentum. Article Title
• Positive Sentiment: Record lease signings in 2025 — Management said lease activity hit record levels last year, which underpins rent growth prospects and occupancy stability going into 2026. Article Title
• Positive Sentiment: U.S. warehouse market expected to tighten through 2026 — Prologis forecasts tighter fundamentals, a tailwind for future rent growth and valuations of logistics assets. Article Title
• Positive Sentiment: Analysts raising forecasts and price targets — Multiple firms (Argus, Truist, Wells Fargo and others) increased price targets or ratings after results, reflecting improved outlook for leasing and earnings. These upgrades help support investor sentiment. Article Title
• Neutral Sentiment: Q4 EPS roughly in line with estimates — EPS met consensus while revenue beat; that combination leaves valuation moves tied to forward guidance and leasing trends rather than an EPS surprise. Article Title
• Neutral Sentiment: Earnings call highlighted a durable growth pipeline — Management emphasized development and power/data center pipeline, important for long-term growth but subject to execution and capex cycles. Article Title
• Negative Sentiment: Mixed analyst signals — Evercore ISI raised its target modestly but kept an “in-line” rating (target below some newer marks), which implies limited upside from current levels and introduces some analyst divergence. Article Title

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PLD. Truist Financial lifted their price objective on Prologis from $131.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday. Mizuho upped their target price on Prologis from $118.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. Scotiabank raised Prologis from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $133.00 to $146.00 in a research note on Wednesday, January 14th. BTIG Research boosted their price objective on shares of Prologis from $134.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, December 31st. Finally, Barclays restated an “overweight” rating and issued a $139.00 price objective on shares of Prologis in a report on Tuesday, January 13th. Twelve investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Prologis currently has an average rating of “Moderate Buy” and a consensus target price of $133.76.

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.