Prologis (NYSE:PLD) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Prologis (NYSE:PLD) from a sell rating to a hold rating in a research report report published on Saturday morning.

Other analysts also recently issued research reports about the stock. Argus increased their target price on shares of Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. JPMorgan Chase & Co. lifted their price target on shares of Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Morgan Stanley lifted 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. The Goldman Sachs Group reiterated a “neutral” rating and set a $157.00 price objective on shares of Prologis in a research note on Friday, April 17th. Finally, DA Davidson increased their price objective on shares of Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Fifteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Prologis presently has an average rating of “Moderate Buy” and an average price target of $153.24.

Prologis Price Performance

PLD stock opened at $147.43 on Friday. The stock has a 50-day moving average price of $143.20 and a two-hundred day moving average price of $138.10. Prologis has a 12-month low of $103.41 and a 12-month high of $153.35. The company has a current ratio of 0.27, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63. The company has a market cap of $137.46 billion, a PE ratio of 32.84 and a beta of 1.32.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 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 firm’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, research analysts predict that Prologis will post 6.26 EPS for the current year.

Prologis Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were paid a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. Prologis’s dividend payout ratio (DPR) is 95.32%.

Insider Activity at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the firm’s 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 filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.52% of the company’s stock.

Institutional Trading of Prologis

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

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Negative Sentiment: SEGRO rejected Prologis’ revised takeover offer for the third time, reducing the odds of a deal and weighing on investor sentiment toward PLD. Reuters article
• Negative Sentiment: Prologis’ sweetened bid was publicly rejected again, suggesting management may need to either walk away or pay up further, both of which can create uncertainty for shareholders. Yahoo Finance article
• Neutral Sentiment: Trading activity in Prologis’ stock has climbed within the S&P 500, which points to elevated investor attention but does not by itself explain a clear directional move. Kalkine Media article
• Neutral Sentiment: Momentum-focused commentary and “top growth stock” mentions may support the longer-term bull case, but these pieces are less likely to drive today’s trading than the SEGRO news. Zacks article
• Positive Sentiment: Recent earnings-related coverage highlighted strong lease signings and an improved outlook, which continues to support the stock’s fundamental backdrop even as merger speculation creates volatility. Yahoo Finance article

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.