HighTower Advisors LLC Sells 11,434 Shares of Prologis, Inc. $PLD

Posted by on Sep 9th, 2026

HighTower Advisors LLC decreased its position in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 4.8% in the second quarter, HoldingsChannel reports. The firm owned 225,944 shares of the real estate investment trust’s stock after selling 11,434 shares during the quarter. HighTower Advisors LLC’s holdings in Prologis were worth $30,609,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PLD. Schnieders Capital Management LLC. grew its stake in shares of Prologis by 45.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock worth $1,128,000 after buying an additional 3,350 shares in the last quarter. Callan Family Office LLC bought a new stake in shares of Prologis in the 2nd quarter worth about $3,394,000. BlackRock Inc. purchased a new stake in shares of Prologis during the 2nd quarter valued at about $14,006,587,000. AssuredPartners Investment Advisors LLC purchased a new stake in shares of Prologis during the 2nd quarter valued at about $3,436,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Prologis by 4.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 772,814 shares of the real estate investment trust’s stock valued at $102,151,000 after acquiring an additional 33,172 shares during the last quarter. 93.50% of the stock is owned by institutional investors.

Prologis Price Performance

Shares of PLD stock opened at $138.59 on Wednesday. The company has a market capitalization of $129.32 billion, a P/E ratio of 30.87 and a beta of 1.30. The company’s 50-day simple moving average is $142.09 and its two-hundred day simple moving average is $140.55. Prologis, Inc. has a one year low of $110.60 and a one year high of $153.35. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70.

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

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a dividend of $1.07 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. Prologis’s payout ratio is 95.32%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Barclays lifted their price target on Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Morgan Stanley raised their price objective on Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Weiss Ratings cut Prologis from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 26th. BTIG Research boosted their target price on Prologis from $160.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Finally, Raymond James Financial started coverage on Prologis in a report on Thursday, June 18th. They set a “market perform” rating on the stock. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.52.

Check Out Our Latest Stock Analysis on Prologis

Insider Buying and Selling at Prologis

In other Prologis news, CFO Timothy Arndt sold 3,597 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.52% of the company’s stock.

Prologis Company Profile

(Free Report)

Prologis, Inc is a global real estate investment trust (REIT) that owns, develops, acquires and manages logistics and industrial properties. Its portfolio is designed to support supply-chain operations and includes distribution centers, warehouses, fulfillment facilities and other industrial buildings used by manufacturers, retailers, transportation companies and logistics providers.

The company also provides related property and business services, including facility management, leasing, development and customer-focused solutions through its Prologis Essentials platform.

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Institutional Ownership by Quarter for Prologis (NYSE:PLD)

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