Janney Montgomery Scott LLC Has $56.47 Million Position in Prologis, Inc. $PLD

Posted by George Bondi on Jun 29th, 2026

Prologis logo Janney Montgomery Scott LLC lessened its holdings in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 2.1% during the 1st quarter, HoldingsChannel reports. The firm owned 427,254 shares of the real estate investment trust’s stock after selling 8,946 shares during the period. Janney Montgomery Scott LLC’s holdings in Prologis were worth $56,474,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. High Point Wealth Management LLC acquired a new position in shares of Prologis in the fourth quarter valued at approximately $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Prologis during the fourth quarter worth $26,000. Eagle Bay Advisors LLC bought a new stake in Prologis in the 4th quarter valued at $27,000. SouthState Bank Corp lifted its position in Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 95 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in Prologis in the 4th quarter worth $29,000. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Prologis

In other news, CFO Timothy D. Arndt sold 3,597 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.52% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on PLD shares. Wells Fargo & Company lifted their price target on Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. The Goldman Sachs Group reiterated a “neutral” rating and set a $157.00 price objective on shares of Prologis in a report on Friday, April 17th. Argus lifted their target price on Prologis from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Finally, Wall Street Zen cut shares of Prologis from a “hold” rating to a “sell” rating in a research note on Saturday. Fifteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Prologis presently has an average rating of “Moderate Buy” and an average price target of $151.48.

Check Out Our Latest Stock Report on Prologis

Prologis Price Performance

Shares of PLD opened at $140.11 on Monday. The company has a market cap of $130.63 billion, a price-to-earnings ratio of 35.29, a PEG ratio of 3.04 and a beta of 1.32. Prologis, Inc. has a 1-year low of $103.41 and a 1-year high of $150.18. The company’s fifty day simple moving average is $143.31 and its 200 day simple moving average is $136.59. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60.

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

Prologis Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be paid a $1.07 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $4.28 annualized dividend and a yield of 3.1%. Prologis’s dividend payout ratio is currently 107.81%.

About Prologis

(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.