Rep. David Taylor Buys Prologis, Inc. (NYSE:PLD) Shares

Representative David Taylor (R-Ohio) recently bought shares of Prologis, Inc. (NYSE:PLD). In a filing disclosed on February 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Prologis stock on January 29th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 1/29/2026.

Prologis Price Performance

Shares of NYSE:PLD opened at $131.86 on Wednesday. Prologis, Inc. has a one year low of $85.35 and a one year high of $134.94. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.19 and a quick ratio of 0.64. The company has a market cap of $122.48 billion, a price-to-earnings ratio of 37.14, a PEG ratio of 3.21 and a beta of 1.42. The firm has a 50 day simple moving average of $129.02 and a 200 day simple moving average of $120.39.

Prologis (NYSE:PLD) last posted its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.44. Prologis had a net margin of 37.86% and a return on equity of 5.78%. The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the firm posted $1.42 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Research analysts predict that Prologis, Inc. will post 5.73 earnings per share for the current fiscal year.

Prologis Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th were given a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, December 16th. Prologis’s dividend payout ratio is currently 113.80%.

Insider Buying and Selling

In other Prologis news, Director Cristina Gabriela Bita sold 621 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $127.60, for a total value of $79,239.60. Following the transaction, the director directly owned 8,208 shares of the company’s stock, valued at approximately $1,047,340.80. The trade was a 7.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.57% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

PLD has been the subject of a number of recent research reports. Morgan Stanley set a $135.00 target price on Prologis in a report on Friday, January 16th. UBS Group boosted their price target on Prologis from $144.00 to $148.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Mizuho upped 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. The Goldman Sachs Group lifted their target price on shares of Prologis from $133.00 to $137.00 and gave the stock a “neutral” rating in a research report on Monday, January 26th. Finally, Wells Fargo & Company boosted their target price on shares of Prologis from $120.00 to $139.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $135.32.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Prologis during the second quarter worth $1,288,936,000. Franklin Resources Inc. grew its holdings in Prologis by 216.0% during the 2nd quarter. Franklin Resources Inc. now owns 10,050,843 shares of the real estate investment trust’s stock worth $1,056,545,000 after acquiring an additional 6,870,479 shares during the period. Swedbank AB lifted its stake in shares of Prologis by 36.2% in the 4th quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock valued at $978,461,000 after purchasing an additional 2,038,329 shares during the period. Vanguard Group Inc. lifted its stake in shares of Prologis by 1.0% in the 4th 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 purchasing an additional 1,258,407 shares during the period. Finally, State Street Corp boosted its position in shares of Prologis by 1.9% during the 2nd quarter. State Street Corp now owns 58,640,842 shares of the real estate investment trust’s stock valued at $6,164,325,000 after purchasing an additional 1,088,544 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.