Prologis (NYSE:PLD) Stock Purchased by Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently bought shares of Prologis, Inc. (NYSE:PLD). In a filing disclosed on October 29th, the Representative disclosed that they had bought between $1,001 and $15,000 in Prologis stock on October 15th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 10/12/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/9/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.

Prologis Price Performance

Shares of PLD opened at $128.09 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.70 and a current ratio of 0.81. The company has a 50 day moving average price of $132.95 and a 200-day moving average price of $137.78. Prologis, Inc. has a fifty-two week low of $121.40 and a fifty-two week high of $153.35. The stock has a market capitalization of $121.75 billion, a PE ratio of 28.28, a PEG ratio of 1.46 and a beta of 1.31.

Prologis Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were given a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Wednesday, September 16th. Prologis’s dividend payout ratio is presently 94.48%.

Institutional Trading of Prologis

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in Prologis in the second quarter valued at approximately $14,006,587,000. Legal & General Group Plc acquired a new stake in shares of Prologis during the 2nd quarter worth approximately $1,473,965,000. Bank of America Corp DE acquired a new stake in shares of Prologis during the 2nd quarter worth approximately $1,427,256,000. Deutsche Bank AG acquired a new stake in shares of Prologis during the 2nd quarter worth approximately $968,959,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Prologis during the 2nd quarter valued at approximately $742,843,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on PLD shares. Raymond James Financial upgraded Prologis from a “market perform” rating to an “outperform” rating and set a $163.00 price objective for the company in a research note on Wednesday, October 21st. Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 target price on the stock in a research note on Tuesday, October 13th. Mizuho lifted their target price on Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Freedom Broker upgraded shares of Prologis from a “hold” rating to a “strong-buy” rating in a report on Monday, October 19th. Finally, Royal Bank Of Canada raised shares of Prologis from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $148.00 to $160.00 in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Prologis has an average rating of “Moderate Buy” and an average price target of $154.68.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Prologis

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.