Prologis, Inc. $PLD Shares Sold by Employees Retirement System of Texas

Posted by Stanley Muller on May 27th, 2026

Prologis logo Employees Retirement System of Texas lowered its stake in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 1.7% during the fourth quarter, Holdings Channel reports. The fund owned 462,067 shares of the real estate investment trust’s stock after selling 8,200 shares during the quarter. Employees Retirement System of Texas’ holdings in Prologis were worth $58,987,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Prologis by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock valued at $15,743,451,000 after acquiring an additional 1,258,407 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Prologis by 6.1% during the fourth quarter. Legal & General Group Plc now owns 11,443,741 shares of the real estate investment trust’s stock valued at $1,460,908,000 after acquiring an additional 661,502 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Prologis by 1.3% in the 4th quarter. Principal Financial Group Inc. now owns 10,946,760 shares of the real estate investment trust’s stock worth $1,397,467,000 after buying an additional 135,912 shares during the last quarter. Swedbank AB boosted its stake in Prologis by 36.2% in the 4th quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock worth $978,461,000 after buying an additional 2,038,329 shares during the last quarter. Finally, Capital International Investors boosted its stake in Prologis by 15.0% in the 3rd quarter. Capital International Investors now owns 7,247,383 shares of the real estate investment trust’s stock worth $829,970,000 after buying an additional 946,847 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Robert W. Baird raised their price target on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Mizuho raised their price target on Prologis from $143.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. raised their price target on Prologis from $141.00 to $157.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Finally, Jefferies Financial Group decreased their price target on Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $150.52.

Check Out Our Latest Analysis on PLD

Prologis Stock Performance

Prologis stock opened at $147.07 on Wednesday. The stock’s 50-day moving average is $138.44 and its 200-day moving average is $133.74. The company has a market cap of $137.12 billion, a price-to-earnings ratio of 37.05, a price-to-earnings-growth ratio of 3.21 and a beta of 1.33. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. Prologis, Inc. has a 12 month low of $103.41 and a 12 month high of $147.93.

Prologis (NYSE:PLD – Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities analysts anticipate that Prologis, Inc. will post 6.17 earnings per share for the current year.

Prologis Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, June 16th. Prologis’s dividend payout ratio (DPR) is 107.81%.

Prologis Profile

(Free Report)

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.