Spartan Wealth Advisory Services LLC Makes New $1.64 Million Investment in Prologis, Inc. $PLD

Spartan Wealth Advisory Services LLC bought a new stake in Prologis, Inc. (NYSE:PLDFree 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

A number of research firms have recently weighed in on PLD. Truist Financial lifted their price target on Prologis from $139.00 to $154.00 and gave the company a “buy” rating in a report on Friday, April 24th. Robert W. Baird increased their price objective on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a report on Friday, April 17th. Mizuho raised their target price on Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a research report on Friday. Scotiabank downgraded Prologis from a “sector outperform” rating to a “sector perform” rating and cut their target price for the company from $154.00 to $146.00 in a research note on Thursday, June 18th. Finally, Citigroup boosted their price target on Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Fifteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Prologis has a consensus rating of “Moderate Buy” and a consensus price target of $153.24.

Get Our Latest Report on PLD

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:PLDGet 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

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding PLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Prologis, Inc. (NYSE:PLDFree Report).

Institutional Ownership by Quarter for Prologis (NYSE:PLD)

Receive News & Ratings for Prologis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prologis and related companies with MarketBeat.com's FREE daily email newsletter.