Public Employees Retirement System of Ohio Invests $194.37 Million in Prologis, Inc. $PLD

Posted by George Bondi on Aug 28th, 2026

Prologis logo Public Employees Retirement System of Ohio bought a new stake in shares of Prologis, Inc. (NYSE:PLD – Free Report) during the 2nd quarter, Holdings Channel reports. The fund bought 1,434,813 shares of the real estate investment trust’s stock, valued at approximately $194,374,000. Prologis makes up 0.6% of Public Employees Retirement System of Ohio’s portfolio, making the stock its 27th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Solstein Capital LLC purchased a new stake in Prologis in the second quarter worth $25,000. Manning & Napier Advisors LLC purchased a new position in Prologis during the 2nd quarter valued at $25,000. Ares Financial Consulting LLC bought a new position in Prologis in the 4th quarter worth $26,000. Clearstead Trust LLC bought a new position in Prologis in the 2nd quarter worth $28,000. Finally, SouthState Bank Corp lifted its position in shares of Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 95 shares during the period. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Performance

Shares of PLD stock opened at $141.99 on Friday. The company’s fifty day moving average price is $142.44 and its 200-day moving average price is $140.59. The stock has a market cap of $132.49 billion, a PE ratio of 31.62 and a beta of 1.31. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. Prologis, Inc. has a 12 month low of $110.51 and a 12 month high of $153.35.

Prologis (NYSE:PLD – Get Free Report) last issued its quarterly earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The company had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same period last year, the business earned $1.46 EPS. Prologis’s quarterly revenue was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, equities analysts expect that Prologis, Inc. will post 6.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on PLD shares. Mizuho lifted their target price on shares of Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Truist Financial increased their price target on shares of Prologis from $154.00 to $162.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Scotiabank raised their price objective on shares of Prologis from $146.00 to $150.00 and gave the stock a “sector perform” rating in a report on Thursday, July 23rd. Raymond James Financial began coverage on Prologis in a research report on Thursday, June 18th. They set a “market perform” rating on the stock. Finally, Barclays upped their target price on Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.57.

Read Our Latest Stock Analysis on PLD

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.