RB Capital Management LLC Makes New Investment in Prologis, Inc. $PLD

Posted by Geri Gentry on Aug 29th, 2026

Prologis logo RB Capital Management LLC bought a new position in shares of Prologis, Inc. (NYSE:PLD – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,991 shares of the real estate investment trust’s stock, valued at approximately $676,000.

A number of other institutional investors have also recently modified their holdings of the business. Sandy Cove Advisors LLC boosted its position in Prologis by 1.9% during the second quarter. Sandy Cove Advisors LLC now owns 3,854 shares of the real estate investment trust’s stock worth $522,000 after purchasing an additional 73 shares in the last quarter. CoreCap Advisors LLC grew its holdings in Prologis by 5.0% in the second quarter. CoreCap Advisors LLC now owns 1,538 shares of the real estate investment trust’s stock valued at $208,000 after purchasing an additional 73 shares during the period. Boltwood Capital Management increased its position in shares of Prologis by 1.5% in the second quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust’s stock valued at $700,000 after buying an additional 75 shares in the last quarter. 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 buying an additional 76 shares in the last quarter. Finally, Hibernia Wealth Partners LLC raised its stake in shares of Prologis by 2.5% during the 1st quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust’s stock worth $406,000 after buying an additional 76 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Prologis Stock Performance

NYSE PLD opened at $140.80 on Friday. The stock has a market cap of $131.38 billion, a PE ratio of 31.36 and a beta of 1.31. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. Prologis, Inc. has a twelve month low of $110.51 and a twelve month high of $153.35. The stock has a fifty day simple moving average of $142.44 and a 200-day simple moving average of $140.59.

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PLD. BMO Capital Markets decreased their target price on Prologis from $162.00 to $158.00 and set an “outperform” rating on the stock in a research report on Monday, June 29th. Weiss Ratings downgraded shares of Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday. Robert W. Baird set a $140.00 price target on shares of Prologis in a research note on Friday, July 31st. Royal Bank Of Canada raised shares of Prologis from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $148.00 to $160.00 in a research note on Tuesday, August 4th. Finally, Raymond James Financial started coverage on Prologis in a research report on Thursday, June 18th. They issued a “market perform” rating for the company. Sixteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Prologis has a consensus rating of “Moderate Buy” and a consensus target price of $154.57.

Check Out Our Latest Stock Analysis on PLD

Insider Activity

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 filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.52% of the company’s stock.

Prologis Company 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.