SummitTX Capital L.P. Takes Position in Prologis, Inc. $PLD

Posted by Francis Steltz on Jul 29th, 2026

Prologis logo SummitTX Capital L.P. acquired a new position in Prologis, Inc. (NYSE:PLD – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,756 shares of the real estate investment trust’s stock, valued at approximately $1,950,000.

Other institutional investors also recently bought and sold shares of the company. BROOKFIELD Corp ON raised its holdings in Prologis by 17.9% in the 1st quarter. BROOKFIELD Corp ON now owns 383,539 shares of the real estate investment trust’s stock worth $50,696,000 after purchasing an additional 58,304 shares during the period. Gateway Wealth Partners LLC bought a new stake in Prologis during the first quarter valued at about $1,022,000. OMERS ADMINISTRATION Corp grew its holdings in Prologis by 0.6% during the first quarter. OMERS ADMINISTRATION Corp now owns 1,733,147 shares of the real estate investment trust’s stock valued at $229,087,000 after purchasing an additional 9,921 shares during the period. Waverly Advisors LLC increased its position in Prologis by 5.1% in the first quarter. Waverly Advisors LLC now owns 21,399 shares of the real estate investment trust’s stock worth $2,828,000 after buying an additional 1,036 shares in the last quarter. Finally, Sustainable Insight Capital Management LLC increased its position in Prologis by 350.4% in the first quarter. Sustainable Insight Capital Management LLC now owns 8,098 shares of the real estate investment trust’s stock worth $1,070,000 after buying an additional 6,300 shares in the last quarter. 93.50% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Wells Fargo & Company lifted their price objective on Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. BTIG Research increased their target price on shares of Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Raymond James Financial assumed coverage on shares of Prologis in a report on Thursday, June 18th. They issued a “market perform” rating for the company. Wall Street Zen upgraded shares of Prologis from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Scotiabank lifted their price target on shares of Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a report on Thursday, July 23rd. Fifteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.81.

View Our Latest Report on Prologis

Prologis Price Performance

NYSE:PLD opened at $147.23 on Wednesday. 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 business’s 50-day simple moving average is $143.76 and its two-hundred day simple moving average is $138.89. The stock has a market cap of $137.27 billion, a PE ratio of 32.79 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 quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $0.75 by $0.38. The business had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The business’s revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, analysts forecast that Prologis, Inc. will post 6.28 EPS for the current fiscal year.

Insider Transactions at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the business’s stock in a transaction that occurred on 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 legal filing with the SEC, which is available through this link. Company insiders own 0.52% of the company’s stock.

Prologis 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.