Caisse Des Depots ET Consignations Boosts Stock Position in Prologis, Inc. $PLD

Key Points

• Caisse Des Depots ET Consignations increased its Prologis stake by 152.2% in Q4 to 32,071 shares (worth $4.09M), and institutional investors now hold 93.5% of the company.
• Analysts have been lifting targets and ratings recently—Prologis has a consensus rating of Moderate Buy with an average target of $147.90 after multiple upgrades.
• Prologis beat Q1 expectations (EPS $1.05 vs. $0.81; revenue $2.30B vs. $2.12B), issued FY2026 EPS guidance of 6.07–6.23, and announced a quarterly dividend of $1.07 (3.0% yield) despite a high payout ratio (~107.8%).

Caisse Des Depots ET Consignations lifted its position in Prologis, Inc. (NYSE:PLD - Free Report) by 152.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,071 shares of the real estate investment trust's stock after buying an additional 19,357 shares during the quarter. Caisse Des Depots ET Consignations' holdings in Prologis were worth $4,094,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Composition Wealth LLC grew its stake in Prologis by 7.2% during the 4th quarter. Composition Wealth LLC now owns 23,088 shares of the real estate investment trust's stock worth $2,947,000 after purchasing an additional 1,544 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in Prologis during the 4th quarter worth $97,583,000. Horizon Investments LLC grew its stake in Prologis by 161.0% during the 4th quarter. Horizon Investments LLC now owns 61,656 shares of the real estate investment trust's stock worth $7,871,000 after purchasing an additional 38,034 shares in the last quarter. Essex Bank acquired a new position in Prologis during the 4th quarter worth $214,000. Finally, Danske Bank A S grew its stake in Prologis by 11.5% during the 4th quarter. Danske Bank A S now owns 545,844 shares of the real estate investment trust's stock worth $69,682,000 after purchasing an additional 56,128 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on PLD shares. Royal Bank Of Canada boosted their target price on Prologis from $135.00 to $148.00 and gave the stock a "sector perform" rating in a research note on Tuesday. Citigroup boosted their target price on Prologis from $145.00 to $165.00 and gave the stock a "buy" rating in a research note on Tuesday, April 21st. BTIG Research reissued a "buy" rating and set a $155.00 target price on shares of Prologis in a research note on Wednesday, April 15th. JPMorgan Chase & Co. boosted their target price on Prologis from $141.00 to $157.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 21st. Finally, Barclays reissued an "overweight" rating and set a $139.00 target price on shares of Prologis in a research note on Tuesday, January 13th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $147.90.

Prologis Trading Down 0.3%

NYSE:PLD opened at $141.53 on Friday. The stock has a 50-day simple moving average of $136.77 and a 200-day simple moving average of $131.39. The stock has a market cap of $131.94 billion, a P/E ratio of 35.65, a P/E/G ratio of 3.13 and a beta of 1.34. Prologis, Inc. has a 1 year low of $103.02 and a 1 year high of $145.44. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.16.

Prologis (NYSE:PLD - Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.24. The business had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.12 billion. Prologis had a return on equity of 6.46% and a net margin of 41.54%.The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, analysts anticipate that Prologis, Inc. will post 6.17 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis's dividend payout ratio is currently 107.81%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.