Prologis (NYSE:PLD) Given Buy Rating at BTIG Research

BTIG Research reaffirmed their buy rating on shares of Prologis (NYSE:PLD) in a research report report published on Wednesday,Benzinga reports. They currently have a $155.00 price target on the real estate investment trust’s stock.

A number of other analysts also recently weighed in on PLD. Argus boosted their target price on Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Royal Bank Of Canada boosted their target price on Prologis from $132.00 to $135.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. Freedom Capital downgraded Prologis from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Barclays restated an “overweight” rating and issued a $139.00 target price on shares of Prologis in a research report on Tuesday, January 13th. Finally, UBS Group boosted their target price on Prologis from $144.00 to $148.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Thirteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $138.16.

Prologis Stock Performance

NYSE:PLD opened at $139.73 on Wednesday. The business has a 50 day moving average of $136.01 and a 200 day moving average of $129.44. The company has a market capitalization of $130.26 billion, a price-to-earnings ratio of 39.36, a PEG ratio of 3.26 and a beta of 1.40. Prologis has a 1-year low of $97.10 and a 1-year high of $143.95. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58.

Prologis (NYSE:PLD) last released its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.44. The company had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.09 billion. Prologis had a return on equity of 5.79% and a net margin of 37.86%.Prologis’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.42 EPS. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, sell-side analysts predict that Prologis will post 5.73 earnings per share for the current fiscal year.

Prologis Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a $1.07 dividend. This is an increase from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. Prologis’s payout ratio is presently 120.56%.

Hedge Funds Weigh In On Prologis

Large investors have recently bought and sold shares of the stock. High Note Wealth LLC boosted its stake in shares of Prologis by 43.9% during the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 76 shares during the period. Dakota Community Bank & Trust NA boosted its stake in shares of Prologis by 3.4% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,398 shares of the real estate investment trust’s stock valued at $306,000 after buying an additional 79 shares during the period. Dearborn Partners LLC boosted its stake in shares of Prologis by 4.2% during the 4th quarter. Dearborn Partners LLC now owns 1,969 shares of the real estate investment trust’s stock valued at $251,000 after buying an additional 79 shares during the period. Peddock Capital Advisors LLC boosted its stake in shares of Prologis by 3.1% during the 4th quarter. Peddock Capital Advisors LLC now owns 2,651 shares of the real estate investment trust’s stock valued at $338,000 after buying an additional 80 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Prologis by 0.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 16,583 shares of the real estate investment trust’s stock valued at $1,941,000 after buying an additional 82 shares during the period. 93.50% of the stock is owned by hedge funds and other institutional investors.

Key Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Wells Fargo reiterated a Buy on Prologis, reinforcing analyst support for the name and signaling continued confidence in fundamentals and demand for industrial logistics real estate. Read More.
• Positive Sentiment: BTIG reaffirmed a Buy with a $155 price target, implying roughly mid‑teens upside from current levels and providing a bullish anchor for investor sentiment. Read More.
• Neutral Sentiment: Previews from Yahoo Finance/Zacks highlight that Q1 (reporting April 16) will be watched for leasing trends, a typical seasonal occupancy dip, and a revenue view near $2.10B — information that could drive short‑term volatility but doesn’t yet change the longer‑term thesis. Read More.
• Neutral Sentiment: Activity elsewhere in the sector: Terreno (TRNO) completed a fully leased, LEED‑targeted development in Hialeah — a reminder of ongoing new supply and sustainability differentiation in industrial real estate, which is more of a sector signal than a company‑specific driver for Prologis. Read More.
• Negative Sentiment: Jefferies trimmed its price target slightly (from $157 to $155) while keeping a Buy rating — a modest negative as it reduces upside expectations and could temper some of the analyst‑driven rally. Read More.

Prologis Company 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.