Geneos Wealth Management Inc. boosted its holdings in Prologis, Inc. (NYSE:PLD – Free Report) by 10.7% in the first quarter, Holdings Channel reports. The firm owned 39,360 shares of the real estate investment trust’s stock after purchasing an additional 3,810 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Prologis were worth $5,203,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. High Note Wealth LLC increased its position in shares of Prologis by 43.9% in the fourth quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 76 shares during the last quarter. Hibernia Wealth Partners LLC boosted its position in Prologis by 2.5% during the first quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust’s stock valued at $406,000 after purchasing an additional 76 shares during the last quarter. Dakota Community Bank & Trust NA boosted its position in Prologis by 3.4% during the fourth quarter. Dakota Community Bank & Trust NA now owns 2,398 shares of the real estate investment trust’s stock valued at $306,000 after purchasing an additional 79 shares during the last quarter. Dearborn Partners LLC grew its stake in Prologis by 4.2% in the fourth quarter. Dearborn Partners LLC now owns 1,969 shares of the real estate investment trust’s stock valued at $251,000 after purchasing an additional 79 shares in the last quarter. Finally, Peddock Capital Advisors LLC grew its stake in Prologis by 3.1% in the fourth quarter. Peddock Capital Advisors LLC now owns 2,651 shares of the real estate investment trust’s stock valued at $338,000 after purchasing an additional 80 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, CFO Timothy D. Arndt sold 3,597 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.52% of the company’s stock.
Prologis News Summary
- Positive Sentiment: Prologis reported Q2 FFO and revenue ahead of estimates, reflecting stronger rental income and leasing performance. PLD’s Q2 Core FFO Beat Estimates, Revenues Rise on Higher Rental Income
- Positive Sentiment: The company raised full-year 2026 earnings guidance again, signaling improving operating momentum and stronger-than-expected fundamentals. Prologis Reports Second Quarter 2026 Results
- Positive Sentiment: Management highlighted record leasing activity and said demand is improving, including from AI-related warehouse needs, which supports the long-term growth outlook. Prologis seeing demand bump for logistics warehouses
- Positive Sentiment: Prologis also said AI spending could create millions of square feet of new warehouse demand, adding another growth catalyst for its logistics portfolio. Prologis Sees AI Spending Creating Millions of Square Feet of New Warehouse Demand
- Neutral Sentiment: Investors are also digesting the Q2 earnings call transcript and conference-call details for more color on leasing trends, development activity, and capital allocation. Prologis, Inc. (PLD) Q2 2026 Earnings Call Transcript
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the stock. Morgan Stanley raised their target price on shares of Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. BNP Paribas Exane upped their price target on shares of Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Barclays increased their price target on shares of Prologis from $139.00 to $156.00 and gave the company an “overweight” rating in a research note on Thursday. Robert W. Baird lifted their price objective on shares of Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. Finally, Jefferies Financial Group lowered their price objective on shares of Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Fifteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $152.81.
Check Out Our Latest Report on PLD
Prologis Price Performance
Prologis stock opened at $149.96 on Friday. The company has a market capitalization of $139.81 billion, a price-to-earnings ratio of 37.77 and a beta of 1.32. 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, Inc. has a 12 month low of $103.41 and a 12 month high of $150.18. The stock’s 50 day moving average is $143.02 and its 200-day moving average is $137.82.
Prologis (NYSE:PLD – Get Free Report) last released its quarterly earnings results 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 business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the firm posted $1.43 EPS. Equities research analysts expect that Prologis, Inc. will post 6.17 EPS for the current year.
Prologis Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were paid a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 annualized dividend and a dividend yield of 2.9%. Prologis’s dividend payout ratio is 107.81%.
Prologis Profile
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.
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