Prologis, Inc. $PLD Stock Position Lifted by Capital International Inc. CA

Key Points

• Capital International Inc. CA increased its stake by 52.4% in Prologis during Q3 to 150,606 shares (≈$17.25M), while overall institutional ownership stands at 93.5% and Capital International Investors holds about 7.25M shares (~$830M).
• Prologis reported Q earnings of $1.44 EPS (in line) and revenue of $2.25B (beat), set FY2026 guidance of 6.00–6.20 EPS, and trades with a market cap of ≈$126.6B and an average analyst rating of "Moderate Buy" (avg target $137.20).
• The company raised its quarterly dividend to $1.07 ($4.28 annual, ~3.1% yield) to be paid March 31, although the dividend payout ratio is high at 113.8%.

Capital International Inc. CA lifted its position in Prologis, Inc. (NYSE:PLD - Free Report) by 52.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150,606 shares of the real estate investment trust's stock after acquiring an additional 51,795 shares during the quarter. Capital International Inc. CA's holdings in Prologis were worth $17,247,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Capital International Investors raised its position in shares of Prologis by 15.0% during the 3rd 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 in the last quarter. Banque Cantonale Vaudoise boosted its holdings in Prologis by 141.7% in the third quarter. Banque Cantonale Vaudoise now owns 21,844 shares of the real estate investment trust's stock worth $2,501,000 after purchasing an additional 12,805 shares during the period. Vestcor Inc increased its stake in Prologis by 32.7% during the third quarter. Vestcor Inc now owns 169,023 shares of the real estate investment trust's stock valued at $19,357,000 after purchasing an additional 41,687 shares during the last quarter. Sienna Gestion increased its stake in Prologis by 46.1% during the third quarter. Sienna Gestion now owns 81,930 shares of the real estate investment trust's stock valued at $8,555,000 after purchasing an additional 25,852 shares during the last quarter. Finally, LGT Fund Management Co Ltd. raised its holdings in shares of Prologis by 17.5% during the third quarter. LGT Fund Management Co Ltd. now owns 29,205 shares of the real estate investment trust's stock worth $3,402,000 after purchasing an additional 4,353 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Prologis Trading Up 0.8%

Shares of NYSE:PLD opened at $136.18 on Wednesday. The company has a market cap of $126.59 billion, a PE ratio of 38.36, a P/E/G ratio of 3.34 and a beta of 1.41. The company's 50-day moving average price is $134.23 and its 200 day moving average price is $125.92. Prologis, Inc. has a fifty-two week low of $85.35 and a fifty-two week high of $143.95. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.61.

Prologis (NYSE:PLD - Get Free Report) last posted its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, hitting the consensus estimate of $1.44. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The firm had revenue of $2.25 billion during the quarter, compared to analysts' expectations of $2.09 billion. During the same quarter in the prior year, the firm earned $1.42 EPS. Prologis's quarterly revenue was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Sell-side analysts anticipate that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a $1.07 dividend. This is a positive change from Prologis's previous quarterly dividend of $1.01. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. Prologis's dividend payout ratio is currently 113.80%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Weiss Ratings restated a "buy (b-)" rating on shares of Prologis in a research report on Monday, December 29th. BTIG Research increased their price objective on shares of Prologis from $134.00 to $155.00 and gave the stock a "buy" rating in a research note on Wednesday, December 31st. The Goldman Sachs Group raised their target price on shares of Prologis from $137.00 to $148.00 and gave the stock a "neutral" rating in a report on Monday, February 9th. Barclays restated an "overweight" rating and issued a $139.00 target price on shares of Prologis in a research note on Tuesday, January 13th. Finally, Evercore upped their target price on Prologis from $118.00 to $121.00 and gave the company an "in-line" rating in a report on Thursday, January 22nd. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $137.20.

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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