4,316,522 Shares in Prologis, Inc. $PLD Bought by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board acquired 4.32 million Prologis shares worth approximately $584.8 million, representing about 0.46% of the REIT. Institutional investors collectively own 93.5% of Prologis.
• 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.
• Analysts hold a consensus “Moderate Buy” rating, with 16 Buy ratings and seven Holds and an average price target of $154.57, compared with the stock’s reported price of $143.45.

Canada Pension Plan Investment Board bought a new position in shares of Prologis, Inc. (NYSE:PLD - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,316,522 shares of the real estate investment trust's stock, valued at approximately $584,759,000. Canada Pension Plan Investment Board owned approximately 0.46% of Prologis as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC grew its holdings in Prologis by 629.0% in the 4th quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust's stock valued at $1,847,000 after buying an additional 15,078 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in shares of Prologis by 45.4% in the second quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust's stock valued at $1,128,000 after buying an additional 3,350 shares during the period. Walleye Capital LLC bought a new position in Prologis during the 2nd quarter worth $422,000. NewEdge Advisors LLC boosted its holdings in Prologis by 6.8% in the second quarter. NewEdge Advisors LLC now owns 63,829 shares of the real estate investment trust's stock valued at $6,710,000 after acquiring an additional 4,074 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in shares of Prologis by 2.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust's stock valued at $45,550,000 after purchasing an additional 10,266 shares during the last quarter. Institutional investors own 93.50% of the company's stock.

Prologis Stock Performance

Prologis stock opened at $143.45 on Wednesday. The firm's 50 day simple moving average is $142.38 and its 200 day simple moving average is $140.51. The firm has a market capitalization of $133.85 billion, a PE ratio of 31.95 and a beta of 1.31. Prologis, Inc. has a 1-year low of $110.51 and a 1-year high of $153.35. 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 posted its quarterly earnings results 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. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm had revenue of $2.43 billion for the quarter, compared to analysts' expectations of $2.16 billion. During the same quarter in the prior year, the company posted $1.46 earnings per share. The business's revenue for the quarter was up 11.0% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, analysts expect that Prologis, Inc. will post 6.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on PLD shares. Robert W. Baird set a $140.00 price objective on shares of Prologis in a research report on Friday, July 31st. Truist Financial raised their target price on Prologis from $154.00 to $162.00 and gave the company a "buy" rating in a report on Tuesday, July 21st. BTIG Research boosted their price target on shares of Prologis from $160.00 to $170.00 and gave the stock a "buy" rating in a report on Wednesday, July 1st. Scotiabank raised 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. Finally, Barclays lifted their price target on shares of Prologis from $139.00 to $156.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $154.57.

Insider Buying and Selling 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 shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.52% of the stock is owned by corporate insiders.

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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