Prologis, Inc. (NYSE:PLD) Receives $154.57 Consensus Target Price from Analysts

Prologis, Inc. (NYSE:PLD) has been assigned an average rating of “Moderate Buy” from the twenty-three ratings firms that are presently covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $154.5714.

Several brokerages recently commented on PLD. BMO Capital Markets reduced their target price on Prologis from $162.00 to $158.00 and set an “outperform” rating on the stock in a report on Monday, June 29th. Barclays boosted their price target on shares of Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. BTIG Research upped their price objective on shares of Prologis from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Robert W. Baird set a $140.00 price objective on shares of Prologis in a research report on Friday, July 31st. Finally, Weiss Ratings downgraded shares of Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday.

Insider Transactions at Prologis

In other Prologis 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 value of $539,550.00. The sale 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.

Institutional Investors Weigh In On Prologis

A number of large investors have recently bought and sold shares of PLD. CoreCap Advisors LLC increased its position in Prologis by 5.0% in the 2nd quarter. CoreCap Advisors LLC now owns 1,538 shares of the real estate investment trust’s stock valued at $208,000 after acquiring an additional 73 shares during the period. Sandy Cove Advisors LLC lifted its position in Prologis by 1.9% during the 2nd quarter. Sandy Cove Advisors LLC now owns 3,854 shares of the real estate investment trust’s stock worth $522,000 after acquiring an additional 73 shares during the period. Boltwood Capital Management grew its stake in shares of Prologis by 1.5% in the 2nd quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust’s stock valued at $700,000 after purchasing an additional 75 shares during the last quarter. High Note Wealth LLC grew its stake in shares of Prologis by 43.9% in the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 76 shares during the last quarter. Finally, Hibernia Wealth Partners LLC increased its holdings in shares of Prologis by 2.5% in the first quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust’s stock valued at $406,000 after purchasing an additional 76 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Prologis Trading Down 0.7%

PLD opened at $140.80 on Tuesday. The company’s 50 day moving average price is $142.44 and its two-hundred day moving average price is $140.59. The firm has a market capitalization of $131.38 billion, a price-to-earnings ratio of 31.36 and a beta of 1.31. Prologis has a fifty-two week low of $110.51 and a fifty-two week high of $153.35. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70.

Prologis (NYSE:PLD) last issued its quarterly 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 analyst estimates of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. Prologis’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 6.27 earnings per share for the current year.

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.