Sterling Investment Counsel LLC Takes $492,000 Position in Prologis, Inc. $PLD

Sterling Investment Counsel LLC purchased a new position in Prologis, Inc. (NYSE:PLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,856 shares of the real estate investment trust’s stock, valued at approximately $492,000.

Several other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its position in shares of Prologis by 629.0% in the fourth quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock valued at $1,847,000 after purchasing an additional 15,078 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in Prologis by 45.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock worth $1,128,000 after purchasing an additional 3,350 shares in the last quarter. Walleye Capital LLC bought a new position in Prologis in the 2nd quarter worth about $422,000. NewEdge Advisors LLC grew its holdings in Prologis by 6.8% during the 2nd quarter. NewEdge Advisors LLC now owns 63,829 shares of the real estate investment trust’s stock valued at $6,710,000 after buying an additional 4,074 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its position in shares of Prologis by 2.4% during the second quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust’s stock valued at $45,550,000 after buying an additional 10,266 shares during the period. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Trading Up 2.1%

NYSE PLD opened at $145.16 on Friday. Prologis, Inc. has a fifty-two week low of $97.10 and a fifty-two week high of $145.44. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.16. The stock has a 50 day simple moving average of $136.29 and a two-hundred day simple moving average of $129.85. The stock has a market cap of $135.32 billion, a P/E ratio of 36.56, a price-to-earnings-growth ratio of 3.35 and a beta of 1.40.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.24. Prologis had a return on equity of 6.46% 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 previous year, the firm earned $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, analysts forecast that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were given a $1.07 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $4.28 annualized dividend and a dividend yield of 2.9%. This is a positive change from Prologis’s previous quarterly dividend of $1.01. Prologis’s dividend payout ratio is 120.56%.

Key Stories Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q1 beat and raised FY‑2026 guidance — Prologis reported FFO and revenue above expectations, highlighted record leasing and stronger occupancy/same‑store NOI targets, and lifted its FY26 FFO guidance, which underpins today’s share strength. Prologis Reports First Quarter 2026 Results
• Positive Sentiment: Analysts raise estimates and price targets — Multiple firms boosted forecasts and models after the print; UBS raised its price target to $161 and maintained a Buy, signaling analyst confidence in upside vs. the current level. UBS adjusts Prologis price target
• Neutral Sentiment: Mixed analyst stance despite beat — Some firms raised forecasts, while others kept Hold/Neutral ratings citing full valuation or moderating NOI trends; this produces a balanced, not unanimous, buy signal. Analysts increase forecasts on Prologis
• Neutral Sentiment: Data‑center expansion provides growth optionality but adds capital intensity — Management is scaling the data‑center pipeline (new development starts), which could boost long‑term growth but introduces execution and financing considerations. Warehouse Giant Prologis Lifts 2026 Outlook
• Negative Sentiment: Pipeline and structural stress concerns — Critical commentary flags the large (multi‑GW) data‑center pipeline as testing Prologis’ structure and balance‑sheet resilience; this raises risk that growth pushes on credit metrics or dividend coverage if execution/markets wobble. Prologis: A Credit Rating And 1.51x Dividend Buffer

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PLD shares. Wall Street Zen upgraded shares of Prologis from a “sell” rating to a “hold” rating in a research report on Saturday. Evercore set a $135.00 price target on shares of Prologis in a report on Friday. UBS Group upped their price target on shares of Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a report on Friday. Mizuho lifted their price objective on Prologis from $138.00 to $143.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Finally, Robert W. Baird boosted their target price on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research report on Friday. Twelve investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Prologis currently has a consensus rating of “Moderate Buy” and an average price target of $141.79.

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.