Representative David Taylor (Republican-Ohio) recently bought shares of Prologis, Inc. (NYSE:PLD). In a filing disclosed on October 29th, the Representative disclosed that they had bought between $1,001 and $15,000 in Prologis stock on October 15th. 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 AT&T NYSE: T on 10/15/2026.
- Sold $1,001 - $15,000 in shares of Visa NYSE: V on 10/15/2026.
- Purchased $1,001 - $15,000 in shares of RPM International NYSE: RPM on 10/15/2026.
- Sold $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC on 10/15/2026.
- Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 10/15/2026.
- Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 10/12/2026.
- Purchased $1,001 - $15,000 in shares of Fifth Third Bancorp NASDAQ: FITB on 10/9/2026.
- Purchased $1,001 - $15,000 in shares of RPM International NYSE: RPM on 10/9/2026.
- Purchased $1,001 - $15,000 in shares of AT&T NYSE: T on 10/9/2026.
- Sold $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC on 9/22/2026.
Prologis Stock Performance
Shares of NYSE PLD opened at $128.09 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.81 and a quick ratio of 0.70. The stock's fifty day moving average price is $132.95 and its two-hundred day moving average price is $137.78. Prologis, Inc. has a one year low of $121.40 and a one year high of $153.35. The firm has a market cap of $121.75 billion, a price-to-earnings ratio of 20.75, a P/E/G ratio of 1.46 and a beta of 1.31.
Prologis Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were paid a $1.07 dividend. The ex-dividend date was Wednesday, September 16th. This represents a $4.28 annualized dividend and a yield of 3.3%. Prologis's payout ratio is 94.48%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the stock. BMO Capital Markets reaffirmed an "outperform" rating on shares of Prologis in a research report on Friday, October 16th. BTIG Research reiterated a "buy" rating and issued a $170.00 price target on shares of Prologis in a research report on Friday, October 16th. Freedom Broker upgraded Prologis from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 19th. Barclays increased their price target on Prologis from $139.00 to $156.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Finally, Raymond James Financial upgraded Prologis from a "market perform" rating to an "outperform" rating and set a $163.00 target price for the company in a research report on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $154.68.
Check Out Our Latest Stock Report on PLD
Hedge Funds Weigh In On Prologis
Institutional investors have recently modified their holdings of the business. Ascent Group LLC grew its position in Prologis by 4.7% in the 3rd quarter. Ascent Group LLC now owns 20,248 shares of the real estate investment trust's stock worth $2,629,000 after purchasing an additional 901 shares during the period. Caldwell Trust Co raised its stake in Prologis by 42.7% during the 3rd quarter. Caldwell Trust Co now owns 1,246 shares of the real estate investment trust's stock worth $162,000 after acquiring an additional 373 shares during the period. 3Chopt Investment Partners LLC boosted its holdings in Prologis by 79.2% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 2,833 shares of the real estate investment trust's stock worth $368,000 after buying an additional 1,252 shares during the period. Focused Wealth Management Inc boosted its stake in shares of Prologis by 13.3% in the third quarter. Focused Wealth Management Inc now owns 4,374 shares of the real estate investment trust's stock worth $568,000 after acquiring an additional 514 shares during the period. Finally, Rakuten Investment Management Inc. grew its holdings in Prologis by 11.1% during the 3rd quarter. Rakuten Investment Management Inc. now owns 169,403 shares of the real estate investment trust's stock valued at $22,465,000 after buying an additional 16,915 shares in the last quarter. Institutional investors and hedge funds 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
(
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Prologis, Inc is a global real estate investment trust that owns, develops, acquires and manages logistics properties. Its portfolio primarily includes warehouses, distribution centers and fulfillment facilities used by retailers, manufacturers, transportation companies and other businesses to support supply-chain operations and e-commerce.
The company also provides property management, development and leasing services, along with related supply-chain and customer solutions. Through its Prologis Essentials platform, it offers services and technologies designed to help customers improve warehouse operations, including energy, mobility and operational solutions.
Prologis serves major population centers and trade corridors across North America, Europe, Asia and Latin America.
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