Prologis (NYSE:PLD) Shares Unloaded Rep. David Taylor

Key Points

• Representative David Taylor disclosed selling $1,001–$15,000 of Prologis (PLD) stock on Feb. 26 from his trust account and executed multiple other trades that day, including purchases of Microsoft and Visa and larger $15,001–$50,000 sales of IBM and Salesforce.
• Prologis reported quarterly EPS of $1.44 (in line with estimates) and revenue of $2.25 billion (beating estimates), set FY2026 guidance at 6.000–6.200 EPS, and saw quarterly revenue rise 7.8% year-over-year.
• The company raised its quarterly dividend to $1.07 (annualized $4.28, yield ~3.2%) with an ex-dividend date of March 17, though its dividend payout ratio is notably high at 113.8%.

Representative David Taylor (Republican-Ohio) recently sold shares of Prologis, Inc. (NYSE:PLD). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Prologis stock on February 26th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) - DAVE" account.

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

• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 2/26/2026.
• Sold $1,001 - $15,000 in shares of Fifth Third Bancorp NASDAQ: FITB on 2/26/2026.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 2/26/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 2/26/2026.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 2/26/2026.
• Sold $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC on 2/26/2026.
• Sold $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 2/26/2026.
• Sold $1,001 - $15,000 in shares of Kroger NYSE: KR on 2/26/2026.
• Sold $15,001 - $50,000 in shares of International Business Machines NYSE: IBM on 2/26/2026.
• Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 2/26/2026.

Prologis Price Performance

PLD stock opened at $135.14 on Tuesday. The stock has a market cap of $125.62 billion, a price-to-earnings ratio of 38.07, a P/E/G ratio of 3.33 and a beta of 1.41. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58. The company has a 50 day simple moving average of $134.09 and a 200 day simple moving average of $125.75. Prologis, Inc. has a 1 year low of $85.35 and a 1 year high of $143.95.

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

Prologis Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a dividend of $1.07 per share. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a yield of 3.2%. This is a positive change from Prologis's previous quarterly dividend of $1.01. Prologis's dividend payout ratio is currently 113.80%.

Analyst Ratings Changes

A number of research analysts have recently commented on PLD shares. Robert W. Baird reiterated a "neutral" rating and issued a $130.00 price target (up from $128.00) on shares of Prologis in a research note on Thursday, January 8th. BMO Capital Markets restated a "market perform" rating and set a $123.00 price objective on shares of Prologis in a research report on Thursday, January 22nd. Barclays reaffirmed an "overweight" rating and issued a $139.00 target price on shares of Prologis in a report on Tuesday, January 13th. Evercore lifted their price target on Prologis from $118.00 to $121.00 and gave the company an "in-line" rating in a research note on Thursday, January 22nd. Finally, Wall Street Zen cut Prologis from a "hold" rating to a "sell" rating in a report on Saturday, February 7th. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $137.20.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PLD. D.A. Davidson & CO. boosted its position in shares of Prologis by 16.7% during the 3rd quarter. D.A. Davidson & CO. now owns 587,157 shares of the real estate investment trust's stock valued at $67,241,000 after purchasing an additional 83,966 shares in the last quarter. Foresight Group Ltd Liability Partnership increased its holdings in Prologis by 240.1% in the third quarter. Foresight Group Ltd Liability Partnership now owns 44,715 shares of the real estate investment trust's stock worth $5,109,000 after purchasing an additional 31,567 shares in the last quarter. National Pension Service increased its holdings in Prologis by 2.4% in the third quarter. National Pension Service now owns 2,443,137 shares of the real estate investment trust's stock worth $279,788,000 after purchasing an additional 56,272 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Prologis by 3.6% in the third quarter. Envestnet Asset Management Inc. now owns 3,644,875 shares of the real estate investment trust's stock valued at $417,411,000 after buying an additional 126,613 shares during the period. Finally, Generali Asset Management SPA SGR lifted its stake in Prologis by 33.4% in the third quarter. Generali Asset Management SPA SGR now owns 100,314 shares of the real estate investment trust's stock valued at $11,488,000 after buying an additional 25,133 shares during the period. 93.50% of the stock is owned by institutional investors.

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 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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