NewEdge Advisors LLC Grows Position in Prologis, Inc. $PLD

Key Points

• NewEdge Advisors increased its Prologis position by 1.3% in the first quarter, bringing its holdings to 667,027 shares valued at approximately $88.2 million. Institutional investors collectively own 93.5% of the REIT’s stock.
• Prologis reported quarterly EPS of $1.13, well above the $0.75 consensus estimate, while revenue rose 11% year over year to $2.43 billion. The company maintained fiscal 2026 EPS guidance of $6.22–$6.30.
• Analysts maintain a generally favorable outlook, with a consensus “Moderate Buy” rating and an average price target of $154.57 versus the reported share price of $139.06. However, a planned $2.1 billion stock offering to help fund a potential SEGRO acquisition could dilute existing shareholders.

NewEdge Advisors LLC boosted its position in shares of Prologis, Inc. (NYSE:PLD - Free Report) by 1.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 667,027 shares of the real estate investment trust's stock after purchasing an additional 8,741 shares during the period. NewEdge Advisors LLC owned about 0.07% of Prologis worth $88,168,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PLD. Brighton Jones LLC lifted its stake in shares of Prologis by 629.0% during the 4th quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust's stock worth $1,847,000 after acquiring an additional 15,078 shares during the last quarter. Schnieders Capital Management LLC. grew its position in Prologis by 45.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust's stock valued at $1,128,000 after acquiring an additional 3,350 shares during the last quarter. Walleye Capital LLC purchased a new stake in Prologis in the second quarter worth $422,000. Treasurer of the State of North Carolina increased its stake in Prologis by 2.4% in the second quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust's stock worth $45,550,000 after purchasing an additional 10,266 shares during the period. Finally, Peapack Gladstone Financial Corp increased its stake in Prologis by 2.0% in the second quarter. Peapack Gladstone Financial Corp now owns 36,112 shares of the real estate investment trust's stock worth $3,796,000 after purchasing an additional 725 shares during the period. 93.50% of the stock is owned by hedge funds and other institutional investors.

Prologis Stock Down 1.2%

Shares of Prologis stock opened at $139.06 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a market cap of $129.75 billion, a price-to-earnings ratio of 30.97 and a beta of 1.31. The firm's 50-day moving average is $143.34 and its two-hundred day moving average is $139.49. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $153.35.

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 the consensus estimate of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The business had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the previous year, the business posted $1.46 EPS. The company'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 expect that Prologis, Inc. will post 6.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on PLD shares. Jefferies Financial Group lowered their target price on shares of Prologis from $157.00 to $155.00 and set a "buy" rating for the company in a research note on Tuesday, April 14th. BNP Paribas Exane raised their price target on shares of Prologis from $140.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, April 17th. The Goldman Sachs Group reiterated a "neutral" rating and set a $157.00 price objective on shares of Prologis in a report on Friday, April 17th. BTIG Research boosted their price objective on shares of Prologis from $160.00 to $170.00 and gave the company a "buy" rating in a research report on Wednesday, July 1st. Finally, Mizuho upped 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. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, Prologis has a consensus rating of "Moderate Buy" and an average target price of $154.57.

Insider Buying and Selling

In related news, CFO Timothy D. Arndt sold 3,597 shares of the business's stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $150.00, for a total value of $539,550.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.52% of the stock is owned by company insiders.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: RBC Capital Markets upgraded Prologis to a Buy-equivalent rating, providing a favorable analyst view of the company’s growth prospects and valuation. Prologis raised to Buy equivalent at RBC Capital
• Positive Sentiment: Prologis remains exposed to strong demand for logistics facilities and data-center infrastructure, themes that could support occupancy, rents and future development opportunities. Prologis and the data-center land rush
• Neutral Sentiment: On August 5, Prologis announced a public offering of 15 million common shares expected to raise approximately $2.1 billion. The proceeds are intended to help fund the potential SEGRO acquisition, but the transaction remains dependent on completing the deal. Prologis announces public offering to fund potential SEGRO acquisition
• Negative Sentiment: The expanded common-stock offering increases the number of shares outstanding, creating dilution for existing shareholders and likely contributing to the stock’s weaker performance. Investors are also assessing execution and integration risks tied to the potential SEGRO transaction. Prologis raises additional equity capital through share offering

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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