Teacher Retirement System of Texas Sells 10,123 Shares of Prologis, Inc. $PLD

Teacher Retirement System of Texas decreased its position in Prologis, Inc. (NYSE:PLD) by 6.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 152,319 shares of the real estate investment trust’s stock after selling 10,123 shares during the period. Teacher Retirement System of Texas’ holdings in Prologis were worth $17,444,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PLD. Clayton Financial Group LLC purchased a new stake in shares of Prologis in the 3rd quarter worth $26,000. Silver Oak Securities Incorporated purchased a new position in shares of Prologis during the third quarter valued at $36,000. SJS Investment Consulting Inc. bought a new stake in shares of Prologis in the third quarter valued at about $44,000. Barrett & Company Inc. bought a new stake in shares of Prologis in the second quarter valued at about $44,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Prologis in the second quarter worth about $44,000. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Prologis Price Performance

Shares of PLD opened at $127.03 on Friday. The company has a 50 day moving average of $128.38 and a two-hundred day moving average of $119.26. The company has a quick ratio of 0.64, a current ratio of 0.19 and a debt-to-equity ratio of 0.61. Prologis, Inc. has a twelve month low of $85.35 and a twelve month high of $134.94. 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 3.71 and a beta of 1.40.

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 analysts’ consensus estimates of $1.44. The business had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.09 billion. Prologis had a return on equity of 6.64% and a net margin of 37.86%.The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.42 earnings per share. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, analysts predict that Prologis, Inc. will post 5.73 earnings per share for the current fiscal year.

Prologis Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th were paid a $1.01 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $4.04 dividend on an annualized basis and a yield of 3.2%. Prologis’s dividend payout ratio (DPR) is 113.80%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

PLD has been the topic of a number of research reports. BNP Paribas Exane raised their target price on shares of Prologis from $129.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday. BMO Capital Markets reiterated a “market perform” rating and set a $123.00 price objective on shares of Prologis in a research note on Thursday. Barclays reissued an “overweight” rating and set a $139.00 price objective on shares of Prologis in a report on Tuesday, January 13th. Truist Financial increased their target price on Prologis from $131.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $130.00 price target (up from $128.00) on shares of Prologis in a report on Thursday, January 8th. Thirteen 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.11.

Key Stories 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

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.