Prologis, Inc. (NYSE:PLD) Given Average Rating of “Moderate Buy” by Brokerages

Prologis, Inc. (NYSE:PLD) has earned an average rating of “Moderate Buy” from the twenty-three analysts that are currently covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $152.00.

A number of research firms have recently weighed in on PLD. Mizuho raised their price target on shares of Prologis from $143.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 22nd. Argus raised their price objective on shares of Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Friday, April 17th. BTIG Research boosted their target price on shares of Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Morgan Stanley upped their target price on shares of Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Finally, BNP Paribas Exane increased their price target on shares of Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th.

Prologis News Roundup

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis is pressing SEGRO’s board to enter talks on its merger proposal, signaling a potentially transformative strategic move that could expand its platform if a deal advances. Prologis Pushes for Talks on $16.9 Billion Segro Bid
• Positive Sentiment: Analyst commentary around the SEGRO bid suggests the transaction’s potential upside is still attracting market attention, even as some of that upside may already be reflected in valuation. Analyst Downgrades Segro to Hold as Prologis Bid Upside Appears Priced In, Highlighting Execution and Valuation Risks
• Positive Sentiment: Coverage focusing on logistics demand and Prologis as a growth stock may be supporting sentiment by highlighting its role in a still-relevant industrial real estate theme. Prologis (NYSE:PLD): Can Logistics Demand Drive the Next Move?
• Neutral Sentiment: Several recent articles were generic watchlist and earnings-preview pieces, which add visibility but do not materially change the investment case on their own. Top Growth Stocks To Watch Today – July 9th
• Neutral Sentiment: Investors are also watching Prologis ahead of earnings, but this appears to be a standard catalyst rather than a new development. Prologis (PLD) Expected to Post Earnings on Thursday
• Negative Sentiment: Some commentary highlights execution and valuation risks around the SEGRO deal, which could weigh on sentiment if investors worry the acquisition will be expensive or difficult to complete. Analyst Downgrades Segro to Hold as Prologis Bid Upside Appears Priced In, Highlighting Execution and Valuation Risks

Insider Buying and Selling at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was 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 SEC, which can be accessed through this link. Company insiders own 0.52% of the company’s stock.

Institutional Trading of Prologis

Several institutional investors have recently added to or reduced their stakes in PLD. Family Wealth Partners LLC raised its holdings in shares of Prologis by 25.0% during the second quarter. Family Wealth Partners LLC now owns 4,520 shares of the real estate investment trust’s stock worth $612,000 after purchasing an additional 905 shares during the period. Tema ETFs LLC boosted its holdings in shares of Prologis by 10.0% in the 2nd quarter. Tema ETFs LLC now owns 15,977 shares of the real estate investment trust’s stock valued at $2,164,000 after buying an additional 1,450 shares during the period. Handelsbanken Fonder AB boosted its holdings in shares of Prologis by 7.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 511,537 shares of the real estate investment trust’s stock valued at $69,298,000 after buying an additional 34,582 shares during the period. First Bank & Trust grew its position in shares of Prologis by 3.1% during the 2nd quarter. First Bank & Trust now owns 28,113 shares of the real estate investment trust’s stock valued at $3,808,000 after buying an additional 850 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC bought a new stake in shares of Prologis during the 2nd quarter valued at about $386,000. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Down 0.3%

Shares of NYSE PLD traded down $0.45 during midday trading on Monday, reaching $140.91. 2,403,213 shares of the company’s stock were exchanged, compared to its average volume of 3,687,774. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. Prologis has a 52-week low of $103.41 and a 52-week high of $150.18. The business’s fifty day moving average price is $142.82 and its two-hundred day moving average price is $137.30. The stock has a market capitalization of $131.38 billion, a PE ratio of 35.49 and a beta of 1.32.

Prologis (NYSE:PLD) last issued its quarterly earnings data 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 firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same quarter last year, the firm earned $1.43 EPS. Prologis’s quarterly revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Analysts forecast that Prologis will post 6.17 EPS for the current year.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were given a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. Prologis’s dividend payout ratio (DPR) is presently 107.81%.

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.