Perennial Investment Advisors LLC Takes $605,000 Position in Prologis, Inc. $PLD

Posted by Brian Himes on Aug 27th, 2026

Prologis logo Perennial Investment Advisors LLC acquired a new position in shares of Prologis, Inc. (NYSE:PLD – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,463 shares of the real estate investment trust’s stock, valued at approximately $605,000.

Several other large investors also recently made changes to their positions in PLD. Ausdal Financial Partners Inc. acquired a new position in Prologis during the second quarter worth $222,000. Bamco Inc. NY acquired a new stake in shares of Prologis in the 2nd quarter worth about $107,068,000. Bank of America Corp DE bought a new position in Prologis in the 2nd quarter valued at about $1,427,256,000. Freestone Grove Partners LP bought a new position in Prologis in the 2nd quarter valued at about $454,000. Finally, Caisse de depot et placement du Quebec acquired a new position in Prologis during the 2nd quarter valued at about $151,479,000. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction that occurred on Monday, June 15th. The shares were 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 at the SEC website. Company insiders own 0.52% of the company’s stock.

Prologis Price Performance

Shares of NYSE:PLD opened at $142.70 on Thursday. The company has a market capitalization of $133.15 billion, a P/E ratio of 31.78 and a beta of 1.31. The company’s 50-day moving average is $142.41 and its 200 day moving average is $140.55. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.70 and a current ratio of 0.70. Prologis, Inc. has a fifty-two week low of $110.51 and a fifty-two week high of $153.35.

Prologis (NYSE:PLD – Get Free Report) last posted its quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.38. The business 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 firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, equities research analysts forecast that Prologis, Inc. will post 6.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

PLD has been the topic of several analyst reports. Royal Bank Of Canada raised Prologis from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $148.00 to $160.00 in a research report on Tuesday, August 4th. Weiss Ratings upgraded Prologis from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 12th. Truist Financial lifted their price objective on shares of Prologis from $154.00 to $162.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Morgan Stanley increased their target price on shares of Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Finally, Scotiabank raised their price target on shares of Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a research report on Thursday, July 23rd. Sixteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $154.57.

Check Out Our Latest Research Report on PLD

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.