Spartan Wealth Advisory Services LLC bought a new stake in Prologis, Inc. (NYSE:PLD – Free Report) during the first quarter, Holdings Channel.com reports. The firm bought 12,377 shares of the real estate investment trust’s stock, valued at approximately $1,636,000.
Several other hedge funds and other institutional investors also recently modified their holdings of PLD. Ares Financial Consulting LLC bought a new position in shares of Prologis during the fourth quarter worth about $26,000. High Point Wealth Management LLC bought a new stake in Prologis in the 4th quarter valued at about $26,000. Eagle Bay Advisors LLC acquired a new position in Prologis during the 4th quarter valued at about $27,000. SouthState Bank Corp grew its position in Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 95 shares during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Prologis in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 93.50% of the company’s stock.
Prologis News Roundup
Here are the key news stories impacting Prologis this week:
- Positive Sentiment: Prologis reported Q2 results above expectations, with strong rental income, record leasing, and occupancy remaining solid, which supports confidence in near-term cash flow and earnings growth.
- Positive Sentiment: The company raised its 2026 earnings guidance again, signaling that management sees stronger-than-expected operating momentum and improving fundamentals across the portfolio. Prologis Reports Second Quarter 2026 Results
- Positive Sentiment: Analysts and market commentary are focusing on Prologis’ expanding role in AI-related logistics and data center infrastructure, which could open a new long-term growth avenue and lift investor sentiment. PLD Q2 Earnings Call Shows Growth Across Logistics, Data Centers
- Neutral Sentiment: Some commentary notes that the stock’s valuation is already rich after a strong run, which may limit upside if growth expectations cool. Prologis: AI Creates An Opportunity, But The Price Is High
- Negative Sentiment: Valuation concerns could create some near-term pressure as investors weigh whether the recent rally has already priced in much of the earnings upgrade and AI-related optimism.
Wall Street Analysts Forecast Growth
Insider Activity at Prologis
In other news, CFO Timothy D. Arndt sold 3,597 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.52% of the company’s stock.
Prologis Trading Down 0.1%
Prologis stock opened at $149.65 on Monday. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $153.35. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.27 and a quick ratio of 0.51. The stock has a market capitalization of $139.53 billion, a PE ratio of 33.33 and a beta of 1.32. The firm has a 50 day simple moving average of $143.14 and a 200-day simple moving average of $137.97.
Prologis (NYSE:PLD – Get Free Report) last announced its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $0.75 by $0.38. The firm had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, equities research analysts expect that Prologis, Inc. will post 6.26 EPS for the current fiscal year.
Prologis Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were given a dividend of $1.07 per share. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 annualized dividend and a dividend yield of 2.9%. Prologis’s dividend payout ratio (DPR) is 95.32%.
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.
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