AssuredPartners Investment Advisors LLC Makes New $3.44 Million Investment in Prologis, Inc. $PLD

Key Points

• AssuredPartners Investment Advisors purchased 25,367 Prologis shares worth approximately $3.44 million in the second quarter. Institutional investors collectively own 93.5% of PLD’s outstanding stock.
• Analysts maintain a positive outlook, with 16 Buy ratings and seven Holds producing a consensus “Moderate Buy” rating and a $154.57 price target.
• Prologis reported quarterly revenue of $2.43 billion, up 11% year over year, and adjusted earnings of $1.13 per share, exceeding the $0.75 consensus estimate. The company reaffirmed fiscal 2026 EPS guidance of $6.22–$6.30.

AssuredPartners Investment Advisors LLC bought a new stake in Prologis, Inc. (NYSE:PLD - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 25,367 shares of the real estate investment trust's stock, valued at approximately $3,436,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PLD. BlackRock Inc. purchased a new position in shares of Prologis during the 2nd quarter worth about $14,006,587,000. Norges Bank purchased a new stake in Prologis in the fourth quarter worth $1,589,125,000. Cardano Risk Management B.V. increased its position in shares of Prologis by 999.3% during the fourth quarter. Cardano Risk Management B.V. now owns 11,228,730 shares of the real estate investment trust's stock worth $1,433,460,000 after acquiring an additional 10,207,267 shares during the period. Deutsche Bank AG bought a new stake in shares of Prologis in the second quarter valued at about $968,959,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Prologis in the 2nd quarter valued at about $742,843,000. Hedge funds and other institutional investors own 93.50% of the company's stock.

Insider Activity

In related news, CFO Timothy D. Arndt sold 3,597 shares of the firm'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 this hyperlink. Corporate insiders own 0.52% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PLD. Truist Financial upped their target price on Prologis from $154.00 to $162.00 and gave the stock a "buy" rating in a report on Tuesday, July 21st. Mizuho lifted their target price on shares of Prologis from $150.00 to $159.00 and gave the stock an "outperform" rating in a research note on Friday, July 17th. BMO Capital Markets dropped their price target on Prologis from $162.00 to $158.00 and set an "outperform" rating on the stock in a research note on Monday, June 29th. Robert W. Baird set a $140.00 price objective on Prologis in a report on Friday, July 31st. Finally, Morgan Stanley upped their price objective on shares of Prologis from $135.00 to $151.00 and gave the company an "equal weight" rating in a report on Tuesday, May 26th. Sixteen 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 currently has a consensus rating of "Moderate Buy" and a consensus price target of $154.57.

Prologis Price Performance

Shares of NYSE PLD opened at $141.12 on Thursday. The firm has a fifty day moving average of $142.80 and a 200 day moving average of $140.21. Prologis, Inc. has a one year low of $107.84 and a one year high of $153.35. The firm has a market cap of $131.67 billion, a PE ratio of 31.43 and a beta of 1.31. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.70 and a current ratio of 0.70.

Prologis (NYSE:PLD - Get Free Report) last released its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.38. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The business had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter last year, the business posted $1.46 earnings per share. The business's quarterly revenue was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, research analysts predict that Prologis, Inc. will post 6.28 EPS for the current fiscal year.

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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