Prologis (NYSE:PLD) Stock Acquired Rep. David Taylor

Key Points

• Representative David Taylor of Ohio purchased $1,001 to $15,000 in shares of Prologis on August 7th, as disclosed in a filing.
• Prologis reported $1.46 earnings per share for its latest quarter, exceeding the consensus estimate of $1.41, with a revenue of $2.03 billion.
• The company has declared a quarterly dividend of $1.01 per share, which will be paid on September 30th, representing a yield of 3.6%.

Representative David Taylor (R-Ohio) recently bought shares of Prologis, Inc. (NYSE:PLD). In a filing disclosed on September 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Prologis stock on August 7th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)" account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC on 8/14/2025.
• Purchased $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Vertex Pharmaceuticals NASDAQ: VRTX on 8/7/2025.

Prologis Trading Up 0.8%

PLD stock traded up $0.96 on Friday, reaching $113.57. The company's stock had a trading volume of 2,595,695 shares, compared to its average volume of 2,775,991. The business has a fifty day simple moving average of $108.56 and a two-hundred day simple moving average of $108.23. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $132.57. The firm has a market cap of $105.42 billion, a PE ratio of 30.78, a PEG ratio of 2.85 and a beta of 1.26. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.65 and a current ratio of 0.65.

Prologis (NYSE:PLD - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The real estate investment trust reported $1.46 EPS for the quarter, topping analysts' consensus estimates of $1.41 by $0.05. Prologis had a return on equity of 5.96% and a net margin of 40.29%.The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same quarter last year, the firm posted $1.34 earnings per share. The firm's revenue was up 8.8% on a year-over-year basis. Prologis has set its FY 2025 guidance at 5.750-5.800 EPS. As a group, research analysts forecast that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be paid a $1.01 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $4.04 dividend on an annualized basis and a yield of 3.6%. Prologis's dividend payout ratio (DPR) is presently 109.49%.

Analyst Upgrades and Downgrades

PLD has been the subject of several recent research reports. Citigroup lowered their price objective on Prologis from $150.00 to $140.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. Scotiabank set a $114.00 price objective on Prologis and gave the company a "sector perform" rating in a research report on Wednesday, August 27th. Wells Fargo & Company set a $137.00 price objective on Prologis and gave the company an "overweight" rating in a research report on Sunday, July 13th. Mizuho set a $118.00 price objective on Prologis and gave the company an "outperform" rating in a research report on Tuesday, August 19th. Finally, Wall Street Zen lowered Prologis from a "hold" rating to a "sell" rating in a research report on Saturday, June 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $121.83.

Hedge Funds Weigh In On Prologis

Large investors have recently modified their holdings of the stock. Activest Wealth Management raised its position in shares of Prologis by 637.1% in the 1st quarter. Activest Wealth Management now owns 258 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 223 shares during the last quarter. REAP Financial Group LLC increased its holdings in Prologis by 40.0% in the 4th quarter. REAP Financial Group LLC now owns 294 shares of the real estate investment trust's stock worth $31,000 after buying an additional 84 shares in the last quarter. Pandora Wealth Inc. bought a new stake in Prologis in the 1st quarter worth about $34,000. GKV Capital Management Co. Inc. bought a new stake in Prologis in the 1st quarter worth about $34,000. Finally, Saudi Central Bank bought a new stake in Prologis in the 1st quarter worth about $41,000. Hedge funds and other institutional investors own 93.50% of the company's stock.

Insider Activity

In related news, Director Cristina Gabriela Bita sold 1,000 shares of Prologis stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $111.00, for a total value of $111,000.00. Following the completion of the sale, the director directly owned 9,829 shares in the company, valued at approximately $1,091,019. This trade represents a 9.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lori A. Palazzolo sold 25,000 shares of the business's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $111.33, for a total value of $2,783,250.00. Following the sale, the chief accounting officer owned 414 shares of the company's stock, valued at approximately $46,090.62. This represents a 98.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.57% of the stock is currently owned by company insiders.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio's 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Taylor (Republican Party) ran for election to the U.S. House to represent Ohio's 2nd Congressional District. He won in the general election on November 5, 2024. David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor's career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Prologis

Prologis, Inc is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.