Prologis (NYSE:PLD) Shares Bought by Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently bought shares of Prologis, Inc. (NYSE:PLD). In a filing disclosed on October 29th, the Representative disclosed that they had bought between $1,001 and $15,000 in Prologis stock on October 15th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 10/12/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/9/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.

Prologis Stock Up 0.1%

PLD stock opened at $128.09 on Friday. Prologis, Inc. has a twelve month low of $121.40 and a twelve month high of $153.35. The company has a quick ratio of 0.70, a current ratio of 0.81 and a debt-to-equity ratio of 0.61. The stock’s 50 day moving average is $132.95 and its 200-day moving average is $137.78. The firm has a market capitalization of $121.75 billion, a PE ratio of 28.28, a P/E/G ratio of 1.46 and a beta of 1.31.

Prologis Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were paid a $1.07 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.3%. Prologis’s dividend payout ratio is 94.48%.

Analysts Set New Price Targets

PLD has been the subject of a number of analyst reports. BTIG Research reissued a “buy” rating and issued a $170.00 price target on shares of Prologis in a research report on Friday, October 16th. Robert W. Baird cut their price objective on shares of Prologis from $140.00 to $136.00 and set a “neutral” rating on the stock in a report on Tuesday, October 20th. BMO Capital Markets reiterated an “outperform” rating on shares of Prologis in a research note on Friday, October 16th. Scotiabank upgraded shares of Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 target price for the company in a report on Tuesday, October 13th. Finally, Williams Trading set a $150.00 target price on shares of Prologis in a report on Friday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $154.68.

Institutional Trading of Prologis

Institutional investors and hedge funds have recently modified their holdings of the business. Ascent Group LLC boosted its position in shares of Prologis by 4.7% during the third quarter. Ascent Group LLC now owns 20,248 shares of the real estate investment trust’s stock valued at $2,629,000 after purchasing an additional 901 shares in the last quarter. Caldwell Trust Co grew its stake in Prologis by 42.7% in the third quarter. Caldwell Trust Co now owns 1,246 shares of the real estate investment trust’s stock worth $162,000 after purchasing an additional 373 shares during the period. 3Chopt Investment Partners LLC raised its holdings in Prologis by 79.2% in the third quarter. 3Chopt Investment Partners LLC now owns 2,833 shares of the real estate investment trust’s stock worth $368,000 after purchasing an additional 1,252 shares in the last quarter. Focused Wealth Management Inc raised its holdings in Prologis by 13.3% in the third quarter. Focused Wealth Management Inc now owns 4,374 shares of the real estate investment trust’s stock worth $568,000 after purchasing an additional 514 shares in the last quarter. Finally, Rakuten Investment Management Inc. raised its holdings in Prologis by 11.1% in the third quarter. Rakuten Investment Management Inc. now owns 169,403 shares of the real estate investment trust’s stock worth $22,465,000 after purchasing an additional 16,915 shares in the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Prologis Company Profile

Prologis, Inc is a global real estate investment trust that owns, develops, acquires and manages logistics properties. Its portfolio primarily includes warehouses, distribution centers and fulfillment facilities used by retailers, manufacturers, transportation companies and other businesses to support supply-chain operations and e-commerce.

The company also provides property management, development and leasing services, along with related supply-chain and customer solutions. Through its Prologis Essentials platform, it offers services and technologies designed to help customers improve warehouse operations, including energy, mobility and operational solutions.

Prologis serves major population centers and trade corridors across North America, Europe, Asia and Latin America.