Weaver Capital Management LLC Boosts Holdings in Prologis, Inc. $PLD

Weaver Capital Management LLC raised its position in Prologis, Inc. (NYSE:PLD) by 39.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,384 shares of the real estate investment trust’s stock after purchasing an additional 4,946 shares during the period. Weaver Capital Management LLC’s holdings in Prologis were worth $2,298,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in PLD. Nvwm LLC lifted its holdings in shares of Prologis by 6,069.7% during the 4th quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock worth $1,977,000 after acquiring an additional 15,235 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in Prologis in the third quarter valued at $42,158,000. Murphy Middleton Hinkle & Parker Inc. purchased a new stake in Prologis during the fourth quarter valued at about $2,581,000. Laffer Tengler Investments Inc. raised its position in Prologis by 20.7% during the third quarter. Laffer Tengler Investments Inc. now owns 44,608 shares of the real estate investment trust’s stock valued at $5,109,000 after purchasing an additional 7,658 shares in the last quarter. Finally, Avanza Fonder AB lifted its stake in Prologis by 8.4% during the fourth quarter. Avanza Fonder AB now owns 70,789 shares of the real estate investment trust’s stock worth $9,037,000 after purchasing an additional 5,508 shares during the last quarter. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis disclosed a £12.6 billion all-share takeover approach for UK warehouse landlord SEGRO, and analysts say it could still raise its offer; a deal would be strategically meaningful and could expand Prologis’ industrial real estate footprint. Reuters article
• Positive Sentiment: News coverage continues to highlight Prologis’ AI/data-center optionality and potential expansion into high-demand digital infrastructure, reinforcing a longer-term growth narrative for the stock. Kalkine Media article
• Neutral Sentiment: Analyst commentary and stock-watch pieces note that Prologis remains a favored large-cap REIT, but these reports are more confirmatory than market-moving on their own. Zacks article
• Neutral Sentiment: A separate article reiterated Prologis’ existing strength as a blue-chip REIT with data-center optionality, which supports the valuation story but does not appear to be a new catalyst. Seeking Alpha article
• Negative Sentiment: SEGRO formally rejected Prologis’ initial takeover proposal, creating uncertainty around whether a deal will happen and potentially limiting immediate upside from the bid. Proactive Investors article

Insider Buying and Selling

In related news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.52% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

PLD has been the subject of a number of research reports. Scotiabank cut Prologis from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the stock from $154.00 to $146.00 in a report on Thursday, June 18th. BTIG Research reissued a “buy” rating and set a $155.00 price objective on shares of Prologis in a report on Wednesday, April 15th. Morgan Stanley boosted their target price on Prologis from $135.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. Argus upped their target price on Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, BNP Paribas Exane increased their price target on shares of Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Fifteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $151.48.

Prologis Price Performance

PLD opened at $145.53 on Wednesday. The stock’s 50 day simple moving average is $143.18 and its 200 day simple moving average is $136.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $150.18. The firm has a market cap of $135.68 billion, a price-to-earnings ratio of 36.66, a PEG ratio of 3.12 and a beta of 1.32.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, analysts predict that Prologis, Inc. will post 6.18 earnings per share for the current year.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid 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 is Tuesday, June 16th. 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.