Trust Co. of Vermont Takes Position in Prologis, Inc. $PLD

Key Points

• Trust Co. of Vermont bought 72,793 Prologis shares worth approximately $9.86 million during the second quarter. Institutional investors collectively own 93.50% of Prologis.
• Prologis reported quarterly EPS of $1.13, exceeding the $0.75 consensus estimate, while revenue rose 11% year over year to $2.43 billion. The company issued fiscal 2026 EPS guidance of $6.22–$6.30.
• Analysts maintain a “Moderate Buy” consensus rating, with 16 Buy ratings and seven Holds and an average price target of $154.57, compared with the stock’s opening price of $140.61.

Trust Co. of Vermont bought a new position in shares of Prologis, Inc. (NYSE:PLD - Free Report) during the second quarter, according to its most recent filing with the SEC. The fund bought 72,793 shares of the real estate investment trust's stock, valued at approximately $9,861,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principle Wealth Partners LLC bought a new position in Prologis during the second quarter valued at about $656,000. UP Strategic Wealth Investment Advisors LLC purchased a new stake in Prologis during the second quarter worth about $207,000. Focused Wealth Management Inc bought a new stake in Prologis in the second quarter worth about $523,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Prologis in the second quarter worth about $417,585,000. Finally, Beverly Hills Private Wealth LLC purchased a new position in Prologis in the second quarter valued at about $519,000. 93.50% of the stock is owned by hedge funds and other institutional investors.

Prologis Stock Performance

Shares of PLD opened at $140.61 on Tuesday. The stock's 50-day simple moving average is $143.05 and its 200 day simple moving average is $140.04. The stock has a market capitalization of $131.20 billion, a price-to-earnings ratio of 31.32 and a beta of 1.31. 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 52-week low of $105.42 and a 52-week high of $153.35.

Prologis (NYSE:PLD - Get Free Report) last issued its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $0.75 by $0.38. The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The firm's revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Research analysts forecast that Prologis, Inc. will post 6.28 EPS for the current fiscal year.

Insider Activity

In other news, CFO Timothy D. Arndt sold 3,597 shares of the firm'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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.52% of the company's stock.

Analyst Ratings Changes

PLD has been the subject of a number of research reports. Wall Street Zen raised shares of Prologis from a "sell" rating to a "hold" rating in a research report on Saturday, July 18th. Weiss Ratings raised Prologis from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 12th. BTIG Research raised their target price on Prologis from $160.00 to $170.00 and gave the stock a "buy" rating in a research report on Wednesday, July 1st. DA Davidson boosted their target price on Prologis from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, April 21st. Finally, Raymond James Financial assumed coverage on Prologis in a research report on Thursday, June 18th. They set a "market perform" rating on the stock. Sixteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $154.57.

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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