Osmosis Investment Management UK Ltd Buys New Holdings in Prologis, Inc. $PLD

Osmosis Investment Management UK Ltd acquired a new stake in shares of Prologis, Inc. (NYSE:PLD) in the second quarter, HoldingsChannel.com reports. The fund acquired 59,540 shares of the real estate investment trust’s stock, valued at approximately $8,066,000.

Several other institutional investors have also bought and sold shares of PLD. Vanguard Group Inc. increased its holdings 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 worth $15,743,451,000 after buying an additional 1,258,407 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Prologis in the 2nd quarter worth approximately $14,006,587,000. Geode Capital Management LLC raised its stake in shares of Prologis by 1.5% in the fourth 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 acquiring an additional 339,906 shares during the period. Capital Research Global Investors raised its position in Prologis by 4.4% in the 4th quarter. Capital Research Global Investors now owns 16,061,390 shares of the real estate investment trust’s stock worth $2,050,397,000 after purchasing an additional 678,363 shares during the period. Finally, Norges Bank purchased a new position in Prologis during the 4th quarter valued at $1,589,125,000. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Down 0.0%

PLD stock opened at $141.77 on Monday. The stock has a market capitalization of $132.28 billion, a PE ratio of 31.57 and a beta of 1.31. Prologis, Inc. has a 52 week low of $109.14 and a 52 week 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. The firm has a 50 day moving average of $142.53 and a 200 day moving average of $140.36.

Prologis (NYSE:PLD) last issued its quarterly earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.38. The business had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. Prologis’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.46 EPS. 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.

Insider Transactions at Prologis

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PLD. Scotiabank lifted their target price on Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a research report on Thursday, July 23rd. Morgan Stanley raised their target price on shares of Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Wells Fargo & Company upped their price target on Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Raymond James Financial started coverage on Prologis in a report on Thursday, June 18th. They set a “market perform” rating for the company. Finally, Robert W. Baird set a $140.00 price objective on Prologis in a research report on Friday, July 31st. Sixteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.