Prologis (NYSE:PLD) Price Target Raised to $162.00

Prologis (NYSE:PLD) had its price objective lifted by Truist Financial from $154.00 to $162.00 in a report published on Tuesday morning,Benzinga reports. Truist Financial currently has a buy rating on the real estate investment trust’s stock.

Several other equities analysts have also recently issued reports on PLD. Mizuho raised their price objective on Prologis from $150.00 to $159.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. BNP Paribas Exane boosted their target price on shares of Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Citigroup increased their target price on shares of Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. BTIG Research raised their price target on shares of Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Finally, DA Davidson lifted their price target on shares of Prologis from $140.00 to $160.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Fifteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $153.81.

Prologis Stock Up 0.3%

Shares of Prologis stock opened at $145.10 on Tuesday. The company has a quick ratio of 0.51, a current ratio of 0.27 and a debt-to-equity ratio of 0.63. The firm has a market cap of $135.28 billion, a P/E ratio of 32.32 and a beta of 1.32. Prologis has a fifty-two week low of $103.41 and a fifty-two week high of $153.35. The business has a 50-day moving average price of $143.42 and a 200 day moving average price of $138.49.

Prologis (NYSE:PLD) last released its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.38. The company had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.Prologis’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, sell-side analysts forecast that Prologis will post 6.28 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 issued a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 annualized dividend 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 business’s stock in a transaction that occurred on 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 legal filing with the SEC, which is available at this hyperlink. 0.52% of the stock is owned by corporate insiders.

Institutional Trading of Prologis

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Prologis by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock valued at $15,743,451,000 after buying an additional 1,258,407 shares in the last quarter. Geode Capital Management LLC raised its position in Prologis by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,012,940 shares of the real estate investment trust’s stock worth $2,925,791,000 after acquiring an additional 339,906 shares in the last quarter. Capital Research Global Investors raised its position in Prologis by 4.4% in the fourth quarter. Capital Research Global Investors now owns 16,061,390 shares of the real estate investment trust’s stock worth $2,050,397,000 after acquiring an additional 678,363 shares in the last quarter. Norges Bank acquired a new stake in Prologis in the 4th quarter valued at about $1,589,125,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Prologis by 4.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,639,644 shares of the real estate investment trust’s stock valued at $1,485,917,000 after acquiring an additional 516,765 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis made a final takeover bid for U.K. warehouse landlord SEGRO worth about $18.7 billion, and SEGRO’s board said it would recommend the proposal to shareholders. That improves the odds of a deal and highlights Prologis’s ability to use M&A to expand its logistics real estate footprint. Article Title
• Positive Sentiment: Scotiabank raised its price target on Prologis to $150 from $146, while Truist lifted its target to $162, signaling continued confidence in the stock’s valuation and long-term outlook. Article Title Article Title
• Positive Sentiment: Recent coverage says investor interest in logistics and data-center themes is returning, which could support Prologis’s industrial warehouse portfolio and AI-related expansion narrative. Article Title
• Neutral Sentiment: Some commentary says the stock may be trading above fair value after a strong run, which could temper near-term upside even as fundamentals remain solid. Article Title
• Neutral Sentiment: Analysts have also pointed to Prologis’s recent earnings strength as a broader boost for industrial REITs, reinforcing the company’s operating momentum rather than changing the story materially. Article Title

Prologis Company 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.