Prologis, Inc. (NYSE:PLD) Given Consensus Rating of “Moderate Buy” by Brokerages

Prologis, Inc. (NYSE:PLD) has been given an average recommendation of “Moderate Buy” by the twenty-three brokerages that are covering the firm, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and fifteen have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $152.00.

Several equities research analysts have recently weighed in on the stock. Citigroup upped 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. Raymond James Financial started coverage on shares of Prologis in a research report on Thursday, June 18th. They issued a “market perform” rating on the stock. Wells Fargo & Company upped their price objective on shares of Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. UBS Group lifted their target price on shares of Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, JPMorgan Chase & Co. boosted their target price on Prologis from $141.00 to $157.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st.

Key Headlines Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis is pressing SEGRO’s board to enter talks on its merger proposal, signaling a potentially transformative strategic move that could expand its platform if a deal advances. Prologis Pushes for Talks on $16.9 Billion Segro Bid
• Positive Sentiment: Analyst commentary around the SEGRO bid suggests the transaction’s potential upside is still attracting market attention, even as some of that upside may already be reflected in valuation. Analyst Downgrades Segro to Hold as Prologis Bid Upside Appears Priced In, Highlighting Execution and Valuation Risks
• Positive Sentiment: Coverage focusing on logistics demand and Prologis as a growth stock may be supporting sentiment by highlighting its role in a still-relevant industrial real estate theme. Prologis (NYSE:PLD): Can Logistics Demand Drive the Next Move?
• Neutral Sentiment: Several recent articles were generic watchlist and earnings-preview pieces, which add visibility but do not materially change the investment case on their own. Top Growth Stocks To Watch Today – July 9th
• Neutral Sentiment: Investors are also watching Prologis ahead of earnings, but this appears to be a standard catalyst rather than a new development. Prologis (PLD) Expected to Post Earnings on Thursday
• Negative Sentiment: Some commentary highlights execution and valuation risks around the SEGRO deal, which could weigh on sentiment if investors worry the acquisition will be expensive or difficult to complete. Analyst Downgrades Segro to Hold as Prologis Bid Upside Appears Priced In, Highlighting Execution and Valuation Risks

Insider Activity at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were 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 is accessible through the SEC website. Insiders own 0.52% of the company’s stock.

Hedge Funds Weigh In On Prologis

Large investors have recently modified their holdings of the stock. Nvwm LLC raised its stake in shares of Prologis by 6,069.7% during the fourth quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock worth $1,977,000 after buying an additional 15,235 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Prologis during the 3rd quarter worth $42,158,000. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in Prologis during the 4th quarter worth $2,581,000. Avanza Fonder AB raised its position in shares of Prologis by 8.4% during the 4th quarter. Avanza Fonder AB now owns 70,789 shares of the real estate investment trust’s stock valued at $9,037,000 after acquiring an additional 5,508 shares during the last quarter. Finally, Menora Mivtachim Holdings LTD. lifted its stake in shares of Prologis by 75.5% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 1,280,377 shares of the real estate investment trust’s stock valued at $146,629,000 after purchasing an additional 551,000 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Prologis Price Performance

Prologis stock opened at $140.91 on Monday. The business has a 50 day simple moving average of $142.82 and a 200 day simple moving average of $137.37. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. The company has a market capitalization of $131.38 billion, a PE ratio of 35.49 and a beta of 1.32. Prologis has a one year low of $103.41 and a one year high of $150.18.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the business posted $1.43 earnings per share. The business’s revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, sell-side analysts forecast that Prologis will post 6.17 EPS for the current fiscal year.

Prologis Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were given a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 annualized dividend and a yield of 3.0%. Prologis’s payout ratio is presently 107.81%.

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.