6,293 Prologis, Inc. $PLD Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lowered its position in Prologis, Inc. (NYSE:PLD) by 6.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,186 shares of the real estate investment trust’s stock after selling 6,293 shares during the quarter. Park Avenue Securities LLC’s holdings in Prologis were worth $11,061,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. Sandy Cove Advisors LLC lifted its position in shares of Prologis by 1.9% in the second quarter. Sandy Cove Advisors LLC now owns 3,854 shares of the real estate investment trust’s stock valued at $522,000 after acquiring an additional 73 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Prologis by 5.0% in the 2nd quarter. CoreCap Advisors LLC now owns 1,538 shares of the real estate investment trust’s stock valued at $208,000 after purchasing an additional 73 shares during the last quarter. Boltwood Capital Management grew its position in Prologis by 1.5% during the second quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust’s stock valued at $700,000 after acquiring an additional 75 shares during the period. Hibernia Wealth Partners LLC grew its holdings in shares of Prologis by 2.5% during the 1st quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust’s stock worth $406,000 after purchasing an additional 76 shares during the period. Finally, Quadrant Private Wealth Management LLC increased its position in shares of Prologis by 4.4% in the first quarter. Quadrant Private Wealth Management LLC now owns 1,818 shares of the real estate investment trust’s stock worth $240,000 after acquiring an additional 77 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Barclays raised their target price on Prologis from $139.00 to $156.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Weiss Ratings downgraded Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Williams Trading set a $150.00 target price on shares of Prologis in a research note on Friday, October 16th. KeyCorp reiterated a “sector weight” rating on shares of Prologis in a research report on Monday, October 19th. Finally, UBS Group set a $150.00 price objective on shares of Prologis in a research report on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $154.68.

Prologis Trading Up 0.2%

Shares of Prologis stock opened at $126.52 on Wednesday. The company’s 50-day moving average price is $133.76 and its two-hundred day moving average price is $137.80. Prologis, Inc. has a 52 week low of $121.40 and a 52 week high of $153.35.

Prologis (NYSE:PLD) last posted its quarterly earnings results on Thursday, October 15th. The real estate investment trust reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.82. The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.18 billion. Prologis’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.49 EPS. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. As a group, analysts expect that Prologis, Inc. will post 6.28 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were issued a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Wednesday, September 16th.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Raymond James upgraded Prologis to Outperform from Market Perform and assigned a $163 price target. The upgrade suggests the firm sees sufficient potential for valuation recovery and improved performance. Raymond James upgrades Prologis to outperform from market perform
• Positive Sentiment: One valuation analysis argues that Prologis could still be approximately 17% undervalued despite changes to its 2026 outlook. That view supports the potential for upside if logistics-property demand, rents and operating results remain resilient. Prologis lifted 2026 guidance, is the 17% undervalued view still intact?
• Neutral Sentiment: The UK Competition and Markets Authority is seeking comments on the proposed Prologis-Segro transaction. The consultation is a normal step in the review process, but investors will monitor whether regulators raise concerns that could delay or affect the deal. UK Competition Watchdog Seeks Comments on Prologis-Segro Deal
• Neutral Sentiment: Prologis was included in recent lists of growth stocks to watch, providing additional visibility but no specific new company catalyst or change to its fundamentals. Top Growth Stocks To Add to Your Watchlist Top Growth Stocks To Follow Today
• Negative Sentiment: Truist Securities cut its Prologis price target to $141 from $162 while maintaining a Buy rating. The reduced target signals more cautious expectations for valuation or near-term growth, even though the analyst remains constructive. Truist Securities Adjusts Price Target on PLD
• Negative Sentiment: Another analysis questions whether Prologis can sustain a premium valuation after a reported reduction to 2026 guidance. That raises concerns about earnings growth and limits near-term upside unless operating performance improves. Can Prologis support a premium after cutting 2026 guidance?

Prologis 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.