Sterling Investment Counsel LLC Takes Position in Prologis, Inc. $PLD

Sterling Investment Counsel LLC purchased a new stake in shares of Prologis, Inc. (NYSE:PLD) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,856 shares of the real estate investment trust’s stock, valued at approximately $492,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Dakota Community Bank & Trust NA boosted its holdings 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 in the last quarter. Peddock Capital Advisors LLC boosted its stake in Prologis by 3.1% during the fourth quarter. Peddock Capital Advisors LLC now owns 2,651 shares of the real estate investment trust’s stock worth $338,000 after acquiring an additional 80 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in Prologis by 0.5% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 16,583 shares of the real estate investment trust’s stock worth $1,941,000 after purchasing an additional 82 shares during the period. Foster Dykema Cabot & Partners LLC grew its holdings in Prologis by 1.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 8,232 shares of the real estate investment trust’s stock worth $943,000 after purchasing an additional 83 shares during the period. Finally, Cornerstone Advisory LLC increased its stake in shares of Prologis by 2.4% during the third quarter. Cornerstone Advisory LLC now owns 3,535 shares of the real estate investment trust’s stock valued at $405,000 after purchasing an additional 84 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

Key Stories Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q1 beat and raised FY‑2026 guidance — Prologis reported FFO and revenue above expectations, highlighted record leasing and stronger occupancy/same‑store NOI targets, and lifted its FY26 FFO guidance, which underpins today’s share strength. Prologis Reports First Quarter 2026 Results
• Positive Sentiment: Analysts raise estimates and price targets — Multiple firms boosted forecasts and models after the print; UBS raised its price target to $161 and maintained a Buy, signaling analyst confidence in upside vs. the current level. UBS adjusts Prologis price target
• Neutral Sentiment: Mixed analyst stance despite beat — Some firms raised forecasts, while others kept Hold/Neutral ratings citing full valuation or moderating NOI trends; this produces a balanced, not unanimous, buy signal. Analysts increase forecasts on Prologis
• Neutral Sentiment: Data‑center expansion provides growth optionality but adds capital intensity — Management is scaling the data‑center pipeline (new development starts), which could boost long‑term growth but introduces execution and financing considerations. Warehouse Giant Prologis Lifts 2026 Outlook
• Negative Sentiment: Pipeline and structural stress concerns — Critical commentary flags the large (multi‑GW) data‑center pipeline as testing Prologis’ structure and balance‑sheet resilience; this raises risk that growth pushes on credit metrics or dividend coverage if execution/markets wobble. Prologis: A Credit Rating And 1.51x Dividend Buffer

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PLD. UBS Group boosted their price target on Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a research report on Friday. Barclays reiterated an “overweight” rating and set a $139.00 price objective on shares of Prologis in a research note on Tuesday, January 13th. Argus boosted their target price on Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Friday. Citigroup began coverage on Prologis in a research note on Thursday, March 5th. They issued a “buy” rating and a $145.00 target price on the stock. Finally, Royal Bank Of Canada lifted their price target on Prologis from $132.00 to $135.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. Twelve equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $141.79.

Prologis Stock Up 2.1%

Prologis stock opened at $145.16 on Friday. The stock has a market cap of $135.32 billion, a PE ratio of 36.56, a price-to-earnings-growth ratio of 3.35 and a beta of 1.40. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.16. Prologis, Inc. has a one year low of $97.10 and a one year high of $145.44. The stock has a fifty day moving average of $136.29 and a 200 day moving average of $129.85.

Prologis (NYSE:PLD) last announced its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.24. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Prologis had a return on equity of 6.46% and a net margin of 41.54%.The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the firm posted $1.43 earnings per share. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, sell-side analysts predict that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a $1.07 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This is a positive change from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. Prologis’s payout ratio is 120.56%.

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.