Prologis, Inc. $PLD Stock Position Cut by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its stake in shares of Prologis, Inc. (NYSE:PLD) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,471,180 shares of the real estate investment trust’s stock after selling 114,265 shares during the period. Bank of New York Mellon Corp’s holdings in Prologis were worth $723,181,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in PLD. Vanguard Group Inc. increased its stake in shares of 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 acquiring an additional 1,258,407 shares during the period. Geode Capital Management LLC lifted 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 purchasing an additional 339,906 shares during the period. Capital Research Global Investors lifted 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 purchasing an additional 678,363 shares during the period. Norges Bank bought a new position in Prologis during the 4th quarter valued at $1,589,125,000. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Prologis by 4.6% during 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 purchasing an additional 516,765 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $150.00, for a total value of $539,550.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.52% of the stock is owned by corporate insiders.

Prologis Trading Up 4.6%

NYSE:PLD opened at $149.96 on Friday. The stock has a fifty day simple moving average of $143.02 and a 200 day simple moving average of $137.82. The firm has a market capitalization of $139.81 billion, a price-to-earnings ratio of 37.77 and a beta of 1.32. Prologis, Inc. has a 1-year low of $103.41 and a 1-year high of $150.18. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.60.

Prologis (NYSE:PLD) last posted its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $2.12 billion. During the same quarter in the previous year, the company earned $1.43 EPS. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. Sell-side analysts forecast that Prologis, Inc. will post 6.17 earnings per share for the current year.

Prologis Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were issued a dividend of $1.07 per share. 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 payout ratio is currently 107.81%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Bank of America boosted their price objective on Prologis from $153.00 to $162.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Wells Fargo & Company raised their target price on Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. DA Davidson lifted their target price on Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. The Goldman Sachs Group reiterated a “neutral” rating and issued a $157.00 price target on shares of Prologis in a research report on Friday, April 17th. Finally, JPMorgan Chase & Co. upped their price target on shares of Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Fifteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $152.81.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis reported Q2 FFO and revenue ahead of estimates, reflecting stronger rental income and leasing performance. PLD’s Q2 Core FFO Beat Estimates, Revenues Rise on Higher Rental Income
• Positive Sentiment: The company raised full-year 2026 earnings guidance again, signaling improving operating momentum and stronger-than-expected fundamentals. Prologis Reports Second Quarter 2026 Results
• Positive Sentiment: Management highlighted record leasing activity and said demand is improving, including from AI-related warehouse needs, which supports the long-term growth outlook. Prologis seeing demand bump for logistics warehouses
• Positive Sentiment: Prologis also said AI spending could create millions of square feet of new warehouse demand, adding another growth catalyst for its logistics portfolio. Prologis Sees AI Spending Creating Millions of Square Feet of New Warehouse Demand
• Neutral Sentiment: Investors are also digesting the Q2 earnings call transcript and conference-call details for more color on leasing trends, development activity, and capital allocation. Prologis, Inc. (PLD) Q2 2026 Earnings Call Transcript

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.