Prologis, Inc. (NYSE:PLD) Receives $153.81 Consensus Target Price from Analysts

Prologis, Inc. (NYSE:PLD) has earned an average rating of “Moderate Buy” from the twenty-three ratings firms that are currently covering the company, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $154.00.

Several research analysts recently weighed in on PLD shares. Robert W. Baird set a $140.00 price objective on shares of Prologis in a research note on Friday. Raymond James Financial initiated coverage on shares of Prologis in a research note on Thursday, June 18th. They issued a “market perform” rating for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Prologis in a report on Wednesday. Mizuho lifted their price target on shares of Prologis from $150.00 to $159.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Finally, Scotiabank boosted their price target on shares of Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a report on Thursday, July 23rd.

Prologis Trading Up 0.2%

NYSE:PLD opened at $144.94 on Friday. Prologis has a 1-year low of $103.41 and a 1-year high of $153.35. The business’s 50-day moving average price is $143.78 and its two-hundred day moving average price is $139.24. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $135.24 billion, a price-to-earnings ratio of 32.28 and a beta of 1.31.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.38. The company had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, equities analysts expect that Prologis will post 6.28 earnings per share for the current year.

Insider Buying and Selling

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On Prologis

Large investors have recently modified their holdings of the business. Nvwm LLC boosted its stake in Prologis by 6,069.7% in the 4th quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock worth $1,977,000 after purchasing an additional 15,235 shares during the period. Schnieders Capital Management LLC. increased its holdings in Prologis by 45.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock worth $1,128,000 after purchasing an additional 3,350 shares in the last quarter. Prime Capital Investment Advisors LLC raised its stake in shares of Prologis by 98.8% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 23,837 shares of the real estate investment trust’s stock valued at $3,043,000 after purchasing an additional 11,846 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Prologis by 4.8% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 335,187 shares of the real estate investment trust’s stock valued at $42,790,000 after purchasing an additional 15,335 shares during the period. Finally, Meritage Portfolio Management lifted its holdings in shares of Prologis by 45.7% in the fourth quarter. Meritage Portfolio Management now owns 27,889 shares of the real estate investment trust’s stock valued at $3,560,000 after purchasing an additional 8,747 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors.

About Prologis

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.