1,118,173 Shares in Prologis, Inc. $PLD Acquired by Caisse de depot et placement du Quebec

Key Points

• Caisse de dépôt et placement du Québec acquired 1.12 million Prologis shares worth approximately $151.5 million during the second quarter, giving it a 0.12% stake. Institutional investors and hedge funds collectively own 93.5% of PLD.
• Prologis reported quarterly EPS of $1.13, well above the $0.75 analyst estimate, while revenue rose 11% year over year to $2.43 billion. The company maintained 2026 EPS guidance of $6.22–$6.30.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $154.57, compared with shares opening at $142.70.

Caisse de depot et placement du Quebec acquired a new stake in shares of Prologis, Inc. (NYSE:PLD - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,118,173 shares of the real estate investment trust's stock, valued at approximately $151,479,000. Caisse de depot et placement du Quebec owned approximately 0.12% of Prologis as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Solstein Capital LLC bought a new stake in Prologis in the second quarter worth approximately $25,000. Manning & Napier Advisors LLC bought a new position in shares of Prologis during the 2nd quarter valued at $25,000. Ares Financial Consulting LLC bought a new position in shares of Prologis during the 4th quarter valued at $26,000. Clearstead Trust LLC acquired a new stake in shares of Prologis in the 2nd quarter valued at $28,000. Finally, SouthState Bank Corp lifted its stake in shares of Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 95 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Prologis

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

Prologis Price Performance

Shares of Prologis stock opened at $142.70 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. The firm has a fifty day simple moving average of $142.41 and a 200-day simple moving average of $140.55. The stock has a market capitalization of $133.15 billion, a price-to-earnings ratio of 31.78 and a beta of 1.31. Prologis, Inc. has a 1-year low of $110.51 and a 1-year high of $153.35.

Prologis (NYSE:PLD - Get Free Report) last posted its 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 was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, sell-side analysts expect that Prologis, Inc. will post 6.27 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on PLD shares. Truist Financial upped their price objective on shares of Prologis from $154.00 to $162.00 and gave the stock a "buy" rating in a report on Tuesday, July 21st. Robert W. Baird set a $140.00 price target on Prologis in a research report on Friday, July 31st. Weiss Ratings raised Prologis from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, August 12th. Barclays upped their price target on Prologis from $139.00 to $156.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Finally, Mizuho increased their price objective on Prologis from $150.00 to $159.00 and gave the company an "outperform" rating in a report on Friday, July 17th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $154.57.

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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