Royal Fund Management LLC Sells 6,004 Shares of Prologis, Inc. $PLD

Posted by Francis Steltz on Jul 31st, 2026

Prologis logo Royal Fund Management LLC reduced its stake in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 73.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,200 shares of the real estate investment trust’s stock after selling 6,004 shares during the quarter. Royal Fund Management LLC’s holdings in Prologis were worth $291,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in Prologis by 629.0% in the 4th quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock worth $1,847,000 after acquiring an additional 15,078 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Prologis by 45.4% during the second quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock valued at $1,128,000 after acquiring an additional 3,350 shares in the last quarter. Walleye Capital LLC bought a new stake in shares of Prologis during the second quarter valued at approximately $422,000. NewEdge Advisors LLC boosted its holdings in shares of Prologis by 6.8% in the second quarter. NewEdge Advisors LLC now owns 63,829 shares of the real estate investment trust’s stock valued at $6,710,000 after purchasing an additional 4,074 shares during the period. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of Prologis by 2.4% in the second quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust’s stock valued at $45,550,000 after purchasing an additional 10,266 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PLD has been the topic of several research reports. Weiss Ratings upgraded Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. BTIG Research increased their price target on Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Citigroup raised their price target on Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company upped their price objective on shares of Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Finally, Jefferies Financial Group dropped their target price on shares of Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Fifteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $153.81.

Check Out Our Latest Analysis on Prologis

Insiders Place Their Bets

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction dated 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 document filed with the SEC, which is available at the SEC website. 0.52% of the stock is currently owned by insiders.

Prologis Stock Performance

Shares of NYSE:PLD opened at $146.09 on Friday. The firm has a 50 day moving average of $143.81 and a 200 day moving average of $139.13. The company has a quick ratio of 0.51, a current ratio of 0.27 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $136.20 billion, a price-to-earnings ratio of 32.54 and a beta of 1.32. Prologis, Inc. has a 52 week low of $103.41 and a 52 week high of $153.35.

Prologis (NYSE:PLD – Get Free Report) last announced its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.38. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The business had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter last year, the firm earned $1.46 EPS. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, sell-side analysts predict that Prologis, Inc. will post 6.28 earnings per share for the current fiscal year.

Prologis Company 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.