Prologis, Inc. $PLD Shares Sold by Westwind Capital

Key Points

• Westwind Capital cut its Prologis stake by 49% in the third quarter, selling 58,569 shares and retaining 60,858 shares valued at approximately $7.9 million. Institutional investors collectively own 93.5% of Prologis.
• Prologis reported quarterly revenue of $2.43 billion and adjusted earnings of $1.13 per share, exceeding analyst expectations, while revenue increased 11% year over year. The company reaffirmed fiscal 2026 earnings guidance of $6.22–$6.30 per share.
• The REIT pays a quarterly dividend of $1.07, or $4.28 annualized, yielding about 3.3%. Analysts maintain a “Moderate Buy” consensus with an average price target of $154.52, though data-center growth faces potential power-availability constraints in Texas.

Westwind Capital reduced its position in shares of Prologis, Inc. (NYSE:PLD - Free Report) by 49.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,858 shares of the real estate investment trust's stock after selling 58,569 shares during the period. Prologis comprises about 1.9% of Westwind Capital's investment portfolio, making the stock its 19th largest holding. Westwind Capital's holdings in Prologis were worth $7,902,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Sandy Cove Advisors LLC increased its position in shares of Prologis by 1.9% in the second quarter. Sandy Cove Advisors LLC now owns 3,854 shares of the real estate investment trust's stock valued at $522,000 after acquiring an additional 73 shares during the last quarter. CoreCap Advisors LLC raised its stake in Prologis by 5.0% in the 2nd quarter. CoreCap Advisors LLC now owns 1,538 shares of the real estate investment trust's stock valued at $208,000 after acquiring an additional 73 shares during the period. Boltwood Capital Management raised its position in shares of Prologis by 1.5% in the second quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust's stock valued at $700,000 after purchasing an additional 75 shares during the period. Hibernia Wealth Partners LLC lifted its position in Prologis by 2.5% during the first quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust's stock worth $406,000 after acquiring an additional 76 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC lifted its holdings in Prologis by 4.4% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,818 shares of the real estate investment trust's stock worth $240,000 after purchasing an additional 77 shares during the last quarter. Institutional investors own 93.50% of the company's stock.

Prologis Price Performance

Shares of PLD traded up $1.97 during trading hours on Thursday, reaching $129.27. The stock had a trading volume of 4,222,958 shares, compared to its average volume of 3,759,194. 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, Inc. has a 12 month low of $111.03 and a 12 month high of $153.35. The stock has a market capitalization of $120.62 billion, a PE ratio of 28.79 and a beta of 1.31. The company's 50-day moving average is $137.05 and its two-hundred day moving average is $139.92.

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

Prologis Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Wednesday, September 16th. Prologis's dividend payout ratio (DPR) is 95.32%.

Key Headlines Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Analysts remain focused on resilient warehouse demand from retailers and logistics operators. Prologis’s strategically located properties and high operating margins support its competitive advantage and long-term pricing power. Can Warehouse Demand Keep Prologis Strong Into Earnings?
• Positive Sentiment: Growing data-center demand is viewed as another potential growth driver for Prologis, although the opportunity remains subject to infrastructure and power availability. Prologis Eyes Earnings as Data Center Demand Builds
• Positive Sentiment: Prologis was highlighted in a dividend-stock roundup, reinforcing its appeal to income-oriented investors because its rental revenue is supported by contractual leases and relatively visible cash flow. 5 Monthly Dividend Stocks That Could Turn Your Portfolio Into a Second Paycheck
• Neutral Sentiment: Prologis is scheduled to announce quarterly results on Thursday. Investors are likely watching funds from operations, occupancy, leasing spreads, development activity and updated guidance for confirmation that demand remains strong. Prologis Set to Announce Earnings on Thursday
• Negative Sentiment: Texas limits on power availability for data centers could delay or restrict some projects, creating uncertainty around Prologis’s ability to capitalize on rising data-center demand. The risk appears specific to development timing rather than an immediate threat to the broader warehouse portfolio. What Does Prologis Risk From Texas Data Center Power Limits?

Wall Street Analysts Forecast Growth

PLD has been the subject of several analyst reports. BTIG Research lifted their price objective on shares of Prologis from $160.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday, July 1st. Robert W. Baird set a $140.00 price target on shares of Prologis in a report on Friday, July 31st. Mizuho increased their price target on shares of Prologis from $150.00 to $159.00 and gave the stock an "outperform" rating in a research report on Friday, July 17th. Raymond James Financial began coverage on shares of Prologis in a research note on Thursday, June 18th. They issued a "market perform" rating on the stock. Finally, Truist Financial upped their target price on Prologis from $154.00 to $162.00 and gave the stock a "buy" rating in a research note on Tuesday, July 21st. Sixteen 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 presently has a consensus rating of "Moderate Buy" and an average target price of $154.52.

About Prologis

Prologis, Inc NYSE: PLD is a global logistics real estate company that owns, develops, acquires and manages distribution facilities, warehouses and other properties used throughout the supply chain. Its portfolio serves manufacturers, retailers, transportation providers and third-party logistics companies.

The company provides logistics real estate and related services in key markets across North America, Europe, Asia and Latin America. Its properties are generally located near major population centers, transportation hubs, ports and trade corridors, supporting e-commerce, industrial and distribution operations.

Prologis traces its roots to 1983 and was created in its current form through the 1999 merger of ProLogis and Security Capital Industrial Trust.

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