Global Retirement Partners LLC Grows Stock Position in Prologis, Inc. $PLD

Global Retirement Partners LLC increased its holdings in shares of Prologis, Inc. (NYSE:PLD) by 58.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,591 shares of the real estate investment trust’s stock after buying an additional 11,330 shares during the quarter. Global Retirement Partners LLC’s holdings in Prologis were worth $3,905,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Nvwm LLC raised its holdings in shares of Prologis by 6,069.7% during the 4th quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock valued at $1,977,000 after buying an additional 15,235 shares during the period. Foresight Group Ltd Liability Partnership raised its holdings in shares of Prologis by 240.1% during the 3rd quarter. Foresight Group Ltd Liability Partnership now owns 44,715 shares of the real estate investment trust’s stock valued at $5,109,000 after buying an additional 31,567 shares during the period. National Pension Service raised its holdings in shares of Prologis by 2.4% during the 3rd quarter. National Pension Service now owns 2,443,137 shares of the real estate investment trust’s stock valued at $279,788,000 after buying an additional 56,272 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Prologis by 3.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,644,875 shares of the real estate investment trust’s stock valued at $417,411,000 after buying an additional 126,613 shares during the period. Finally, Assetmark Inc. raised its holdings in shares of Prologis by 10.0% during the 3rd quarter. Assetmark Inc. now owns 79,350 shares of the real estate investment trust’s stock valued at $9,087,000 after buying an additional 7,217 shares during the period. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Prologis Price Performance

Shares of NYSE PLD opened at $146.05 on Friday. Prologis, Inc. has a fifty-two week low of $103.02 and a fifty-two week high of $146.27. The business has a 50 day moving average price of $137.85 and a two-hundred day moving average price of $133.36. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.60. The firm has a market cap of $136.17 billion, a PE ratio of 36.79, a price-to-earnings-growth ratio of 3.19 and a beta of 1.33.

Prologis (NYSE:PLD) last issued its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same quarter last year, the firm earned $1.43 EPS. Prologis’s quarterly revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Sell-side analysts expect that Prologis, Inc. will post 6.17 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Tuesday, June 16th. Prologis’s dividend payout ratio (DPR) is 107.81%.

Analyst Ratings Changes

Several equities research analysts recently commented on PLD shares. Evercore set a $135.00 target price on Prologis in a report on Friday, April 17th. Citigroup raised their target price on Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. UBS Group raised their target price on Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a report on Friday, April 17th. JPMorgan Chase & Co. raised their target price on Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings upgraded Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Sixteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Prologis has a consensus rating of “Moderate Buy” and an average price target of $149.76.

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.