Corient Private Wealth LP Boosts Stock Position in Prologis, Inc. $PLD

Key Points

• Corient Private Wealth increased its Prologis stake by 91.4% in the second quarter, acquiring 87,219 additional shares and bringing its total holdings to 182,647 shares valued at approximately $24.7 million. Institutional investors own 93.5% of the stock.
• Prologis exceeded quarterly expectations, reporting $1.13 in EPS and $2.43 billion in revenue, with revenue up 11% year over year. The company maintained fiscal 2026 EPS guidance of $6.22–$6.30.
• The REIT declared a quarterly dividend of $1.07 per share, equivalent to an annualized $4.28 payout and a 3.2% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $154.52.

Corient Private Wealth LP grew its holdings in Prologis, Inc. (NYSE:PLD - Free Report) by 91.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 182,647 shares of the real estate investment trust's stock after purchasing an additional 87,219 shares during the period. Corient Private Wealth LP's holdings in Prologis were worth $24,743,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Sandy Cove Advisors LLC lifted its holdings in Prologis by 1.9% during the 2nd quarter. Sandy Cove Advisors LLC now owns 3,854 shares of the real estate investment trust's stock valued at $522,000 after buying an additional 73 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Prologis by 5.0% during the second quarter. CoreCap Advisors LLC now owns 1,538 shares of the real estate investment trust's stock worth $208,000 after acquiring an additional 73 shares during the period. Boltwood Capital Management raised its stake in shares of Prologis by 1.5% during the second quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust's stock valued at $700,000 after acquiring an additional 75 shares in the last quarter. High Note Wealth LLC boosted its holdings in shares of Prologis by 43.9% in the fourth quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 76 shares during the period. Finally, Hibernia Wealth Partners LLC boosted its holdings in shares of Prologis by 2.5% in the first quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust's stock valued at $406,000 after purchasing an additional 76 shares during the period. 93.50% of the stock is owned by hedge funds and other institutional investors.

Prologis Price Performance

Shares of PLD stock opened at $135.81 on Monday. Prologis, Inc. has a 1-year low of $111.03 and a 1-year high of $153.35. The stock's 50-day moving average is $141.90 and its 200 day moving average is $140.44. The company has a market cap of $126.72 billion, a P/E ratio of 30.25 and a beta of 1.30. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70.

Prologis (NYSE:PLD - Get Free Report) last announced its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.38. The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm's revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Research analysts predict that Prologis, Inc. will post 6.27 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $1.07 dividend. This represents a $4.28 annualized dividend and a yield of 3.2%. The ex-dividend date is Wednesday, September 16th. Prologis's dividend payout ratio (DPR) is 95.32%.

Analysts Set New Price Targets

Several research firms have commented on PLD. Wells Fargo & Company reduced their price objective on Prologis from $167.00 to $166.00 and set an "overweight" rating on the stock in a report on Tuesday, September 1st. 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 raised their price target on Prologis from $150.00 to $159.00 and gave the company an "outperform" rating in a research note on Friday, July 17th. Robert W. Baird set a $140.00 price objective on Prologis in a report on Friday, July 31st. Finally, Wall Street Zen upgraded shares of Prologis from a "sell" rating to a "hold" rating in a report on Saturday, July 18th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Prologis presently has an average rating of "Moderate Buy" and an average target price of $154.52.

Prologis Company Profile

Prologis, Inc is a global real estate investment trust (REIT) that owns, develops, acquires and manages logistics and industrial properties. Its portfolio is designed to support supply-chain operations and includes distribution centers, warehouses, fulfillment facilities and other industrial buildings used by manufacturers, retailers, transportation companies and logistics providers.

The company also provides related property and business services, including facility management, leasing, development and customer-focused solutions through its Prologis Essentials platform.

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