94,143 Shares in Prologis, Inc. $PLD Purchased by OP Asset Management Ltd

OP Asset Management Ltd acquired a new stake in Prologis, Inc. (NYSE:PLD) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 94,143 shares of the real estate investment trust’s stock, valued at approximately $12,444,000.

Several other hedge funds have also recently modified their holdings of PLD. Ares Financial Consulting LLC purchased a new position in shares of Prologis in the 4th quarter worth approximately $26,000. High Point Wealth Management LLC purchased a new stake in shares of Prologis during the fourth quarter valued at approximately $26,000. Eagle Bay Advisors LLC bought a new stake in Prologis during the fourth quarter worth $27,000. SouthState Bank Corp lifted its holdings in Prologis by 73.1% during the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 95 shares during the period. Finally, Hilton Head Capital Partners LLC purchased a new position in Prologis in the fourth quarter worth $29,000. Institutional investors own 93.50% of the company’s stock.

Insider Activity

In related news, CFO Timothy D. Arndt sold 3,597 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.52% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on PLD. Royal Bank Of Canada upped their price objective on Prologis from $135.00 to $148.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. BTIG Research reissued a “buy” rating and issued a $155.00 price target on shares of Prologis in a report on Wednesday, April 15th. Morgan Stanley increased their price target on shares of Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Jefferies Financial Group decreased their price objective on shares of Prologis from $157.00 to $155.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Evercore set a $135.00 price objective on shares of Prologis in a research report on Friday, April 17th. Fifteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $151.48.

Prologis Stock Performance

Shares of PLD stock opened at $140.89 on Thursday. The firm’s 50 day moving average is $143.26 and its 200 day moving average is $136.41. The stock has a market capitalization of $131.36 billion, a P/E ratio of 35.49, a PEG ratio of 3.15 and a beta of 1.32. Prologis, Inc. has a 12 month low of $103.41 and a 12 month high of $150.18. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60.

Prologis (NYSE:PLD) last issued its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, beating 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 net margin of 41.54% and a return on equity of 6.47%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, sell-side analysts anticipate that Prologis, Inc. will post 6.18 earnings per share for the current year.

Prologis Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a $1.07 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. Prologis’s payout ratio is 107.81%.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis publicly disclosed its strategic bid for Segro and said there is a clear rationale for combining the two industrial property portfolios, raising the possibility of a larger future transaction. Reuters article on Segro rejecting Prologis bid
• Positive Sentiment: Analysts said Prologis may have room to increase its offer, keeping M&A speculation alive and potentially supporting investor sentiment around growth through acquisition. Proactive Investors article on a higher offer
• Neutral Sentiment: Several market commentaries highlighted Prologis as a name benefiting from a broader rotation into property stocks and from interest in data-center and AI-related build-outs, but these were largely thematic rather than company-specific catalysts. Kalkine Media article on market rotation
• Neutral Sentiment: Separate articles noted Prologis remains on analysts’ watch lists due to earnings growth and price strength, reinforcing a constructive long-term view but adding no new near-term catalyst. Zacks article on earnings growth and price strength
• Negative Sentiment: Segro’s rejection means the takeover process is stalled for now, creating uncertainty about whether Prologis can complete a deal or secure terms that justify a higher valuation.

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.