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Prologis (NYSE:PLD) Stock Acquired Rep. Dan Newhouse

Prologis logo with Finance background

Key Points

  • Representative Dan Newhouse purchased between $1,001 and $15,000 in Prologis (NYSE:PLD) stock on August 18th, 2025, as disclosed in a filing on September 17th.
  • Prologis reported an earnings per share of $1.46 for the last quarter, surpassing analysts' estimates, while revenue was up 8.8% year-over-year.
  • The company announced a quarterly dividend of $1.01 per share, effective September 30th, representing a 3.5% annualized yield.
  • MarketBeat previews the top five stocks to own by November 1st.

Representative Dan Newhouse (R-Washington) recently bought shares of Prologis, Inc. NYSE: PLD. In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Prologis stock on August 18th. The trade occurred in the Representative's "EDWARD JONES IRA" account.

Representative Dan Newhouse also recently made the following trade(s):

  • Purchased $1,001 - $15,000 in shares of ONEOK NYSE: OKE on 8/18/2025.
  • Sold $1,001 - $15,000 in shares of RTX NYSE: RTX on 8/18/2025.
  • Purchased $1,001 - $15,000 in shares of General Mills NYSE: GIS on 8/18/2025.
  • Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 8/18/2025.
  • Purchased $1,001 - $15,000 in shares of Ross Stores NASDAQ: ROST on 8/18/2025.
  • Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 8/18/2025.
  • Purchased $1,001 - $15,000 in shares of Brown & Brown NYSE: BRO on 8/18/2025.
  • Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 8/18/2025.
  • Purchased $1,001 - $15,000 in shares of AMETEK NYSE: AME on 8/18/2025.
  • Purchased $1,001 - $15,000 in shares of S&P Global NYSE: SPGI on 8/18/2025.

Prologis Stock Down 0.1%

PLD stock opened at $114.11 on Tuesday. Prologis, Inc. has a twelve month low of $85.35 and a twelve month high of $127.65. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.61. The stock's 50 day moving average is $110.53 and its 200-day moving average is $107.47. The firm has a market capitalization of $105.92 billion, a PE ratio of 30.92, a P/E/G ratio of 2.88 and a beta of 1.26.

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

Prologis Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be issued a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Tuesday, September 16th. Prologis's dividend payout ratio (DPR) is currently 109.49%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Mizuho set a $118.00 price target on Prologis and gave the company an "outperform" rating in a research report on Tuesday, August 19th. Wall Street Zen downgraded Prologis from a "hold" rating to a "sell" rating in a research report on Saturday, June 14th. Scotiabank set a $114.00 price target on Prologis and gave the company a "sector perform" rating in a research report on Wednesday, August 27th. Barclays decreased their price target on Prologis from $119.00 to $118.00 and set an "overweight" rating for the company in a research report on Monday, September 15th. Finally, UBS Group increased their price target on Prologis from $106.00 to $120.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $122.58.

View Our Latest Analysis on Prologis

Insider Activity

In other news, CAO Lori A. Palazzolo sold 25,000 shares of Prologis stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $111.33, for a total value of $2,783,250.00. Following the transaction, the chief accounting officer owned 414 shares in the company, valued at approximately $46,090.62. The trade was a 98.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction, the director owned 9,829 shares in the company, valued at approximately $1,091,019. This represents a 9.23% decrease in their position. The disclosure for this sale can be found here. 0.57% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Prologis

Several large investors have recently added to or reduced their stakes in the business. Nuveen LLC bought a new stake in Prologis during the first quarter worth about $1,456,768,000. Norges Bank bought a new stake in Prologis during the second quarter worth about $1,288,936,000. Franklin Resources Inc. lifted its stake in Prologis by 216.0% during the second quarter. Franklin Resources Inc. now owns 10,050,843 shares of the real estate investment trust's stock worth $1,056,545,000 after purchasing an additional 6,870,479 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in Prologis by 282.5% during the first quarter. Valeo Financial Advisors LLC now owns 3,875,386 shares of the real estate investment trust's stock worth $433,229,000 after purchasing an additional 2,862,183 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Prologis by 83.8% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,779,830 shares of the real estate investment trust's stock worth $399,528,000 after purchasing an additional 1,723,129 shares during the last quarter. Institutional investors own 93.50% of the company's stock.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington's 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington's 4th Congressional District. He won in the general election on November 5, 2024. Click here to see Newhouse's key votes in Congress. Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013. Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

Prologis Company Profile

(Get Free Report)

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.

Further Reading

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