8,777 Shares in Prologis, Inc. $PLD Acquired by Purpose Unlimited Inc.

Posted by Geri Gentry on Jun 21st, 2026

Prologis logo Purpose Unlimited Inc. acquired a new stake in Prologis, Inc. (NYSE:PLD – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund acquired 8,777 shares of the real estate investment trust’s stock, valued at approximately $1,120,000.

Other institutional investors have also added to or reduced their stakes in the company. Nvwm LLC grew its stake in shares of Prologis by 6,069.7% in the fourth quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock worth $1,977,000 after acquiring an additional 15,235 shares during the period. CIBC Bancorp USA Inc. bought a new position in Prologis during the third quarter valued at approximately $42,158,000. Murphy Middleton Hinkle & Parker Inc. bought a new position in Prologis during the fourth quarter valued at approximately $2,581,000. Laffer Tengler Investments Inc. boosted its holdings in Prologis by 20.7% in the third quarter. Laffer Tengler Investments Inc. now owns 44,608 shares of the real estate investment trust’s stock worth $5,109,000 after purchasing an additional 7,658 shares during the last quarter. Finally, Avanza Fonder AB boosted its holdings in Prologis by 8.4% in the fourth quarter. Avanza Fonder AB now owns 70,789 shares of the real estate investment trust’s stock worth $9,037,000 after purchasing an additional 5,508 shares during the last quarter. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on PLD. Wall Street Zen upgraded shares of Prologis from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. 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. Wells Fargo & Company lifted their price objective on Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. BMO Capital Markets upgraded Prologis from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $137.00 to $162.00 in a research report on Thursday, May 7th. Finally, Citigroup upped their price objective on Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Fifteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $151.48.

Get Our Latest Stock Report on Prologis

Insider Transactions at Prologis

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the company’s 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.52% of the company’s stock.

Prologis Stock Up 0.1%

PLD opened at $140.63 on Friday. The firm’s 50 day simple moving average is $142.91 and its two-hundred day simple moving average is $136.05. The company has a market capitalization of $131.11 billion, a PE ratio of 35.42, a PEG ratio of 3.09 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 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 issued its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.12 billion. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, equities analysts forecast that Prologis, Inc. will post 6.18 EPS for the current year.

Prologis Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis’s 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.