Sarasin & Partners LLP Purchases 6,239 Shares of Prologis, Inc. $PLD

Sarasin & Partners LLP lifted its holdings in Prologis, Inc. (NYSE:PLD) by 0.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 700,191 shares of the real estate investment trust’s stock after acquiring an additional 6,239 shares during the period. Sarasin & Partners LLP owned approximately 0.08% of Prologis worth $94,855,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. High Point Wealth Management LLC bought a new stake in shares of Prologis during the 4th quarter valued at about $26,000. Ares Financial Consulting LLC acquired a new position in Prologis in the fourth quarter valued at approximately $26,000. Eagle Bay Advisors LLC bought a new position in shares of Prologis during the 4th quarter worth approximately $27,000. SouthState Bank Corp boosted its holdings in shares of Prologis by 73.1% during 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 stake in shares of Prologis during the 4th quarter worth approximately $29,000. 93.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on PLD shares. Raymond James Financial began coverage on shares of Prologis in a research note on Thursday, June 18th. They issued a “market perform” rating for the company. UBS Group increased their target price on shares of Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Mizuho raised their price target on shares of Prologis from $150.00 to $159.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Evercore set a $135.00 price target on shares of Prologis in a research note on Friday, April 17th. Finally, Barclays upped their price objective on shares of Prologis from $139.00 to $156.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Sixteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $154.57.

Prologis Trading Down 1.2%

NYSE PLD opened at $139.06 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63. Prologis, Inc. has a 52 week low of $103.41 and a 52 week high of $153.35. The business has a 50 day moving average price of $143.34 and a 200-day moving average price of $139.49. The company has a market cap of $129.75 billion, a price-to-earnings ratio of 30.97 and a beta of 1.31.

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

Insider Buying and Selling at Prologis

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.52% of the company’s stock.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: RBC Capital Markets upgraded Prologis to a Buy-equivalent rating, providing a favorable analyst view of the company’s growth prospects and valuation. Prologis raised to Buy equivalent at RBC Capital
• Positive Sentiment: Prologis remains exposed to strong demand for logistics facilities and data-center infrastructure, themes that could support occupancy, rents and future development opportunities. Prologis and the data-center land rush
• Neutral Sentiment: On August 5, Prologis announced a public offering of 15 million common shares expected to raise approximately $2.1 billion. The proceeds are intended to help fund the potential SEGRO acquisition, but the transaction remains dependent on completing the deal. Prologis announces public offering to fund potential SEGRO acquisition
• Negative Sentiment: The expanded common-stock offering increases the number of shares outstanding, creating dilution for existing shareholders and likely contributing to the stock’s weaker performance. Investors are also assessing execution and integration risks tied to the potential SEGRO transaction. Prologis raises additional equity capital through share offering

Prologis 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.