Prudent Man Advisors LLC Cuts Stock Position in Prologis, Inc. $PLD

Key Points

• Prudent Man Advisors LLC cut its stake in Prologis by 53.1% in the third quarter, selling 11,734 shares and leaving a holding of 10,382 shares valued at $1.189 million.
• Wall Street skews positive with 14 Buy and 7 Hold ratings, a consensus of “Moderate Buy” and an average price target of $137.20.
• Prologis reported $1.44 EPS (in line) and revenue of $2.25B (beat), set FY2026 guidance of 6.00–6.20 EPS, and raised its quarterly dividend to $1.07 (annual $4.28, 3.2% yield) despite a high payout ratio of 120.56%.

Prudent Man Advisors LLC decreased its position in shares of Prologis, Inc. (NYSE:PLD - Free Report) by 53.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,382 shares of the real estate investment trust's stock after selling 11,734 shares during the period. Prudent Man Advisors LLC's holdings in Prologis were worth $1,189,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Prologis by 629.0% in the fourth quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust's stock valued at $1,847,000 after purchasing an additional 15,078 shares during the period. Schnieders Capital Management LLC. increased its stake in Prologis by 45.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust's stock worth $1,128,000 after buying an additional 3,350 shares during the period. Savant Capital LLC increased its stake in Prologis by 39.3% during the 2nd quarter. Savant Capital LLC now owns 17,422 shares of the real estate investment trust's stock worth $1,831,000 after buying an additional 4,919 shares during the period. Penserra Capital Management LLC lifted its holdings in Prologis by 12.1% during the 2nd quarter. Penserra Capital Management LLC now owns 5,083 shares of the real estate investment trust's stock worth $533,000 after buying an additional 547 shares in the last quarter. Finally, AE Wealth Management LLC boosted its position in Prologis by 1.8% in the 2nd quarter. AE Wealth Management LLC now owns 8,751 shares of the real estate investment trust's stock valued at $920,000 after buying an additional 158 shares during the period. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Truist Financial dropped their price target on shares of Prologis from $142.00 to $139.00 and set a "buy" rating for the company in a research note on Monday, January 26th. Royal Bank Of Canada lifted their target price on Prologis from $132.00 to $135.00 and gave the company a "sector perform" rating in a report on Monday, February 2nd. UBS Group boosted their target price on Prologis from $144.00 to $148.00 and gave the stock a "buy" rating in a research note on Thursday, January 22nd. BNP Paribas Exane upped their price target on Prologis from $129.00 to $140.00 and gave the stock an "outperform" rating in a report on Wednesday, January 21st. Finally, Freedom Capital lowered Prologis from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 23rd. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $137.20.

Prologis Price Performance

Prologis stock opened at $134.39 on Thursday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. The company has a fifty day simple moving average of $134.37 and a 200-day simple moving average of $125.98. The stock has a market cap of $124.92 billion, a P/E ratio of 37.86, a price-to-earnings-growth ratio of 3.22 and a beta of 1.41. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $143.95.

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, meeting the consensus estimate of $1.44. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the prior year, the company posted $1.42 earnings per share. Prologis's revenue for the quarter was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Equities analysts expect that Prologis, Inc. will post 5.73 EPS for the current fiscal year.

Prologis Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, March 17th. This is an increase from Prologis's previous quarterly dividend of $1.01. Prologis's dividend payout ratio (DPR) is currently 120.56%.

About Prologis

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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