Candriam S.C.A. Boosts Stock Position in Prologis, Inc. $PLD

Candriam S.C.A. boosted its holdings in shares of Prologis, Inc. (NYSE:PLD) by 17.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 371,966 shares of the real estate investment trust’s stock after purchasing an additional 56,089 shares during the quarter. Candriam S.C.A.’s holdings in Prologis were worth $49,166,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Prologis in the 4th quarter worth $1,589,125,000. Cardano Risk Management B.V. raised its position in 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 purchasing an additional 10,207,267 shares during the period. Swedbank AB raised its holdings in Prologis by 36.2% during the 4th quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock valued at $978,461,000 after buying an additional 2,038,329 shares during the period. Bessemer Group Inc. lifted its holdings in shares of Prologis by 8,000.9% in the 4th quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock worth $203,741,000 after acquiring an additional 1,576,262 shares during 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 purchasing an additional 1,258,407 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

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

Prologis Stock Performance

Shares of PLD opened at $140.91 on Friday. Prologis, Inc. has a 12 month low of $103.41 and a 12 month high of $150.18. The stock has a fifty day moving average price of $142.82 and a 200-day moving average price of $137.30. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60. The firm has a market cap of $131.38 billion, a PE ratio of 35.49 and a beta of 1.32.

Prologis (NYSE:PLD) last announced its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, beating the consensus estimate of $0.81 by $0.24. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. Prologis had a net margin of 41.54% and a return on equity of 6.47%. Prologis’s revenue was up 6.9% on a year-over-year basis. During the same period last year, the firm posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities research analysts predict that Prologis, Inc. will post 6.17 earnings per share for the current fiscal year.

Prologis Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PLD. JPMorgan Chase & Co. lifted their target price on Prologis from $141.00 to $157.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. BTIG Research boosted their price target on Prologis from $160.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. DA Davidson raised their price objective on Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Robert W. Baird lifted their target price on Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $157.00 target price on shares of Prologis in a report on Friday, April 17th. Fifteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $152.00.

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 on Monday, June 15th. The stock was 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 can be accessed through this hyperlink. 0.52% of the stock is owned by company insiders.

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.