D.A. Davidson & CO. Has $76.02 Million Holdings in Prologis, Inc. $PLD

Key Points

• D.A. Davidson & Co. increased its stake in Prologis (NYSE:PLD) by 1.4% in Q4 to 595,512 shares, valued at about $76.02 million.
• Prologis beat Q1 estimates (EPS $1.05 vs. $0.81; revenue $2.30B vs. $2.12B), set FY2026 EPS guidance of 6.07–6.23, and drew multiple analyst price‑target raises with an average target near $147.29.
• The company raised its quarterly dividend to $1.07 (annualized $4.28, ~3.0% yield) and priced a $1.25 billion senior notes offering to support development and refinancing.

D.A. Davidson & CO. increased its position in shares of Prologis, Inc. (NYSE:PLD - Free Report) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 595,512 shares of the real estate investment trust's stock after acquiring an additional 8,355 shares during the quarter. D.A. Davidson & CO. owned 0.06% of Prologis worth $76,023,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Prologis by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust's stock valued at $15,743,451,000 after acquiring an additional 1,258,407 shares during the period. Capital International Investors raised its holdings in shares of Prologis by 15.0% during the third quarter. Capital International Investors now owns 7,247,383 shares of the real estate investment trust's stock valued at $829,970,000 after acquiring an additional 946,847 shares during the period. Wellington Management Group LLP raised its holdings in shares of Prologis by 1.2% during the third quarter. Wellington Management Group LLP now owns 6,995,375 shares of the real estate investment trust's stock valued at $801,110,000 after acquiring an additional 85,012 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Prologis by 0.5% during the third quarter. Ameriprise Financial Inc. now owns 6,837,026 shares of the real estate investment trust's stock valued at $778,528,000 after acquiring an additional 31,456 shares during the period. Finally, Amundi raised its holdings in shares of Prologis by 22.0% during the third quarter. Amundi now owns 5,651,563 shares of the real estate investment trust's stock valued at $661,968,000 after acquiring an additional 1,020,819 shares during the period. Institutional investors and hedge funds own 93.50% of the company's stock.

Key Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Multiple sell‑side firms raised price targets and reiterated buy views, signaling analyst conviction in upside (Truist to $154, Scotiabank to $154, JPMorgan to $157, Citigroup bullish, and another $160 target report). These upgrades tend to support buying interest and higher upside expectations. Truist Securities adjusts price target on Prologis to $154 from $139; maintains Buy rating Prologis NYSE: PLD Price Target Raised to $160.00 Scotiabank Raises Prologis Price Target to $154.00 JPMorgan Increases Prologis Price Target to $157.00 Citigroup Forecasts Strong Price Appreciation for Prologis
• Positive Sentiment: Company Q1 results and investor presentation underline solid fundamentals (revenue and AFFO/earnings beats and FY guidance), which supports the analyst optimism and medium‑term growth thesis for the logistics REIT space. Prologis, Inc. 2026 Q1 - Results - Earnings Call Presentation
• Neutral Sentiment: Prologis priced a $1.25 billion senior unsecured notes offering (split across maturities). Debt issuance can be neutral—providing liquidity for development/refinancing at attractive rates but also modestly increasing leverage metrics. Monitor use of proceeds and impact on leverage. Prologis Prices $1.25 Billion Senior Notes Offering
• Neutral Sentiment: Sector peer Crown Castle reported resilient Q1 AFFO and revenue despite headwinds, underscoring mixed but stable leasing trends across property sectors; this is a sector backdrop item rather than company‑specific news for Prologis. Crown Castle Q1 AFFO & Sales Beat Estimates Despite DISH Headwinds

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PLD. Robert W. Baird boosted their price target on shares of Prologis from $133.00 to $136.00 and gave the company a "neutral" rating in a report on Friday, April 17th. Barclays restated an "overweight" rating and set a $139.00 price target on shares of Prologis in a report on Tuesday, January 13th. Evercore set a $135.00 price objective on shares of Prologis in a research note on Friday, April 17th. Freedom Capital lowered shares of Prologis from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 23rd. Finally, BMO Capital Markets reiterated a "market perform" rating and issued a $123.00 price objective on shares of Prologis in a research note on Thursday, January 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $147.29.

Prologis Stock Up 0.0%

Prologis stock opened at $142.15 on Monday. The firm has a market cap of $132.52 billion, a PE ratio of 35.81, a P/E/G ratio of 3.13 and a beta of 1.40. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.16. The firm's 50 day moving average price is $136.70 and its two-hundred day moving average price is $130.86. Prologis, Inc. has a twelve month low of $100.22 and a twelve month high of $145.44.

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 for the quarter, beating the consensus estimate of $0.81 by $0.24. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.12 billion. Prologis had a net margin of 41.54% and a return on equity of 6.46%. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, research analysts predict that Prologis, Inc. will post 6.16 EPS for the current fiscal year.

Prologis Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a $1.07 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $4.28 annualized dividend and a yield of 3.0%. This is a boost from Prologis's previous quarterly dividend of $1.01. Prologis's dividend payout ratio (DPR) 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.

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