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

Weaver Capital Management LLC raised its holdings in shares of Prologis, Inc. (NYSE:PLD) by 39.8% in the first quarter, HoldingsChannel reports. The firm owned 17,384 shares of the real estate investment trust’s stock after buying an additional 4,946 shares during the quarter. Weaver Capital Management LLC’s holdings in Prologis were worth $2,298,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Norges Bank bought a new stake in shares of Prologis in the 4th quarter worth approximately $1,589,125,000. Cardano Risk Management B.V. increased its stake in shares of Prologis by 999.3% during the fourth quarter. Cardano Risk Management B.V. now owns 11,228,730 shares of the real estate investment trust’s stock valued at $1,433,460,000 after buying an additional 10,207,267 shares during the period. Swedbank AB raised its holdings in shares of Prologis by 36.2% during the fourth quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock valued at $978,461,000 after acquiring an additional 2,038,329 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of Prologis by 8,000.9% during the fourth quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock valued at $203,741,000 after acquiring an additional 1,576,262 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Prologis by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock worth $15,743,451,000 after acquiring an additional 1,258,407 shares during the period. Institutional investors own 93.50% of the company’s stock.

Insider Activity at Prologis

In other news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.52% of the company’s stock.

Prologis Stock Up 1.2%

Shares of NYSE:PLD opened at $145.53 on Wednesday. The firm has a market capitalization of $135.68 billion, a P/E ratio of 36.66, a P/E/G ratio of 3.12 and a beta of 1.32. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a 50 day moving average price of $143.18 and a 200-day moving average price of $136.32. Prologis, Inc. has a 52-week low of $103.41 and a 52-week high of $150.18.

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

Prologis Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, June 16th. Prologis’s payout ratio is 107.81%.

More Prologis News

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

Analysts Set New Price Targets

Several research firms recently weighed in on PLD. Weiss Ratings upgraded shares of Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of Prologis from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. DA Davidson raised their target price on shares of Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Argus raised their target price on shares of Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Finally, Royal Bank Of Canada lifted their target price on shares of Prologis from $135.00 to $148.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. Fifteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Prologis presently has an average rating of “Moderate Buy” and an average target price of $151.48.

Prologis 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.