230,599 Shares in Prologis, Inc. $PLD Bought by Allworth Financial LP

Key Points

• Allworth Financial LP acquired 230,599 Prologis shares during the second quarter, valued at approximately $31.2 million. Institutional investors collectively own 93.5% of the REIT.
• Prologis reported quarterly EPS of $1.13, exceeding the $0.75 analyst consensus, while revenue rose 11% year over year to $2.43 billion. The company maintained fiscal 2026 EPS guidance of $6.22–$6.30.
• Analyst sentiment remains favorable, with 16 Buy and seven Hold ratings producing a “Moderate Buy” consensus and an average price target of $154.57, compared with the stock’s recent price of $140.51.

Allworth Financial LP acquired a new stake in Prologis, Inc. (NYSE:PLD - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 230,599 shares of the real estate investment trust's stock, valued at approximately $31,239,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. High Point Wealth Management LLC acquired a new position in Prologis during the 4th quarter worth approximately $26,000. Ares Financial Consulting LLC acquired a new stake in Prologis in the fourth quarter valued at approximately $26,000. Clearstead Trust LLC bought a new stake in shares of Prologis during the second quarter worth $28,000. SouthState Bank Corp grew its stake in shares of Prologis by 73.1% during the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust's stock worth $29,000 after buying an additional 95 shares during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Prologis during the fourth quarter worth $29,000. Institutional investors own 93.50% of the company's stock.

Prologis Trading Down 0.6%

PLD opened at $140.51 on Friday. The company has a fifty day moving average price of $142.66 and a two-hundred day moving average price of $140.28. Prologis, Inc. has a 1-year low of $107.84 and a 1-year high of $153.35. The company has a market cap of $131.11 billion, a P/E ratio of 31.29 and a beta of 1.31. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63.

Prologis (NYSE:PLD - Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.38. The firm had revenue of $2.43 billion during 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 company's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Analysts predict that Prologis, Inc. will post 6.28 EPS for the current fiscal year.

Insider Buying and Selling

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the firm's stock in a transaction on 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 SEC, which is available through the SEC website. Insiders own 0.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on PLD. BMO Capital Markets lowered their price objective on Prologis from $162.00 to $158.00 and set an "outperform" rating for the company in a research note on Monday, June 29th. Royal Bank Of Canada upgraded shares of Prologis from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from $148.00 to $160.00 in a research report on Tuesday, August 4th. Weiss Ratings raised shares of Prologis from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 12th. Wall Street Zen upgraded shares of Prologis from a "sell" rating to a "hold" rating in a research report on Saturday, July 18th. Finally, Robert W. Baird set a $140.00 price target on shares of Prologis in a research note on Friday, July 31st. Sixteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Prologis presently 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.

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