Varma Mutual Pension Insurance Co Invests $24.07 Million in Prologis, Inc. $PLD

Key Points

• Varma Mutual Pension Insurance Co. acquired 177,646 Prologis shares worth approximately $24.07 million during the second quarter. Institutional investors collectively own 93.50% of Prologis stock.
• Prologis reported quarterly EPS of $1.13, surpassing 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.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $154.57, compared with the stock’s reported price of $141.77.

Varma Mutual Pension Insurance Co purchased a new stake in Prologis, Inc. (NYSE:PLD - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 177,646 shares of the real estate investment trust's stock, valued at approximately $24,066,000.

Other institutional investors have also recently modified their holdings of the company. Westpac Banking Corp purchased a new position in Prologis in the second quarter worth $9,003,000. Iyo Bank Ltd. purchased a new stake in shares of Prologis during the 2nd quarter worth $13,330,000. TRB Wealth Management LLC acquired a new position in shares of Prologis during the 2nd quarter worth $331,000. Sumitomo Life Insurance Co. acquired a new position in shares of Prologis during the 2nd quarter worth $1,134,000. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of Prologis during the 2nd quarter worth $8,007,000. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Prologis Trading Up 0.8%

Shares of PLD stock opened at $141.77 on Friday. Prologis, Inc. has a fifty-two week low of $109.14 and a fifty-two week high of $153.35. The stock has a market cap of $132.28 billion, a P/E ratio of 31.57 and a beta of 1.31. The business has a fifty day simple moving average of $142.53 and a 200-day simple moving average of $140.29. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63.

Prologis (NYSE:PLD - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The business's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, analysts forecast that Prologis, Inc. will post 6.27 earnings per share for the current fiscal year.

Insider Transactions at Prologis

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.52% of the company's stock.

Analyst Ratings Changes

PLD has been the subject of several recent analyst reports. Wells Fargo & Company raised their price objective on shares of Prologis from $155.00 to $167.00 and gave the company an "overweight" rating in a research note on Monday, June 1st. Scotiabank upped their target price on shares of Prologis from $146.00 to $150.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 23rd. Raymond James Financial began coverage on shares of Prologis in a research report on Thursday, June 18th. They set a "market perform" rating on the stock. Wall Street Zen raised shares of Prologis from a "sell" rating to a "hold" rating in a report on Saturday, July 18th. Finally, Royal Bank Of Canada upgraded shares of Prologis from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from $148.00 to $160.00 in a research report on Tuesday, August 4th. Sixteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to 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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