Gallagher Fiduciary Advisors LLC Invests $508,000 in Prologis, Inc. $PLD

Gallagher Fiduciary Advisors LLC acquired a new stake in Prologis, Inc. (NYSE:PLD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,751 shares of the real estate investment trust’s stock, valued at approximately $508,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. bought a new stake in Prologis during the second quarter worth approximately $14,006,587,000. Geode Capital Management LLC boosted its stake in Prologis by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 23,012,940 shares of the real estate investment trust’s stock valued at $2,925,791,000 after purchasing an additional 339,906 shares in the last quarter. Capital Research Global Investors boosted its stake in Prologis by 4.4% during the 4th quarter. Capital Research Global Investors now owns 16,061,390 shares of the real estate investment trust’s stock valued at $2,050,397,000 after purchasing an additional 678,363 shares in the last quarter. Norges Bank acquired a new position in shares of 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. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Buying and Selling at Prologis

In other news, CFO Timothy D. Arndt sold 3,597 shares of the business’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 transaction of $539,550.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.52% of the stock is currently owned by company insiders.

Prologis Trading Up 0.1%

NYSE:PLD opened at $143.45 on Wednesday. The stock has a fifty day simple moving average of $142.38 and a 200 day simple moving average of $140.51. The firm has a market capitalization of $133.85 billion, a price-to-earnings ratio of 31.95 and a beta of 1.31. Prologis, Inc. has a 1-year low of $110.51 and a 1-year high of $153.35. 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 (NYSE:PLD) last posted its quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.38. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter in the previous year, the company earned $1.46 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Sell-side analysts forecast that Prologis, Inc. will post 6.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Raymond James Financial started coverage on Prologis in a report on Thursday, June 18th. They issued a “market perform” rating for the company. Robert W. Baird set a $140.00 target price on Prologis in a report on Friday, July 31st. Weiss Ratings upgraded shares of Prologis from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 12th. Mizuho upped their price target on shares of Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Finally, Wells Fargo & Company raised their price objective on shares of Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $154.57.

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.