Prologis, Inc. $PLD Shares Purchased by Bowen Hanes & Co. Inc.

Bowen Hanes & Co. Inc. boosted its position in shares of Prologis, Inc. (NYSE:PLD) by 16.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 289,170 shares of the real estate investment trust’s stock after purchasing an additional 41,500 shares during the period. Bowen Hanes & Co. Inc.’s holdings in Prologis were worth $33,116,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Clayton Financial Group LLC acquired a new position in Prologis in the third quarter valued at approximately $26,000. Silver Oak Securities Incorporated purchased a new stake in Prologis in the third quarter valued at $36,000. Rossby Financial LCC lifted its stake in shares of Prologis by 69.6% in the 3rd quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 135 shares during the last quarter. AlphaQuest LLC purchased a new position in shares of Prologis during the 3rd quarter worth $39,000. Finally, Clear Investment Research LLC increased its position in shares of Prologis by 34.5% during the 3rd quarter. Clear Investment Research LLC now owns 343 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 88 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Key Stories Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Data-center/AI infrastructure thesis — MarketBeat highlights Prologis as a direct beneficiary of the hyperscaler data-center buildout because it controls power capacity (5.7 GW) and ~15,000 acres in Texas suited for data centers, positioning PLD to capture long-term land/power leasing demand. 3 Under-the-Radar AI Infrastructure Stocks Powering the Next Buildout
• Positive Sentiment: Dividend and FFO momentum — MarketBeat reports Prologis raised its annualized dividend (now ~$4.28) and posted FFO growth (core FFO +4.5% in 2025) with 2026 guidance implying continued FFO growth — supporting income-seeking demand for the stock. 3 Giants With Solid Yields Lifting Their Dividends Higher
• Positive Sentiment: Earnings and guidance lift sentiment — Coverage (Zacks/Yahoo) points to the recent quarterly report (EPS in line, revenue beat, revenue +7.8% y/y) and Prologis’s FY‑2026 EPS guidance, which helped drive the recent strong post‑earnings move and investor reappraisal. Why Is Prologis (PLD) Up 9.8% Since Last Earnings Report?
• Neutral Sentiment: Analyst consensus/market positioning — Several outlets note an average Wall Street recommendation of “Buy,” which can sustain interest but also makes the stock sensitive to any changes in analyst views. This is supportive but not a new catalyst. Is It Worth Investing in Prologis (PLD) Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Macro/sector flows into REIT income — Broader interest in REIT ETFs and income strategies (e.g., VNQ) can help demand for large-cap industrial REITs like Prologis, but this is a sector tailwind rather than a company-specific surprise. Retirees Are Eyeing VNQ for Quarterly Income While Growth Investors Look Away
• Negative Sentiment: Legal/environmental risk — A recent article flags a major environmental lawsuit that could alter the bull case if it creates material liabilities, regulatory pressure, or delays on development projects; this represents a potential catalyst for downside volatility. The Bull Case For Prologis (PLD) Could Change Following Dividend Hike And Major Environmental Lawsuit – Learn Why

Wall Street Analyst Weigh In

PLD has been the topic of a number of recent analyst reports. BNP Paribas Exane increased their target price on shares of Prologis from $129.00 to $140.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. Evercore upped their price objective on shares of Prologis from $118.00 to $121.00 and gave the stock an “in-line” rating in a report on Thursday, January 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Prologis in a research report on Monday, December 29th. Argus boosted their target price on Prologis from $128.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Citigroup restated a “buy” rating on shares of Prologis in a research note on Monday, January 26th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $136.95.

Insiders Place Their Bets

In other Prologis news, Director Cristina Gabriela Bita sold 621 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $127.60, for a total value of $79,239.60. Following the sale, the director owned 8,208 shares of the company’s stock, valued at $1,047,340.80. This trade represents a 7.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.57% of the stock is currently owned by company insiders.

Prologis Trading Up 1.7%

Shares of PLD stock opened at $141.41 on Friday. Prologis, Inc. has a fifty-two week low of $85.35 and a fifty-two week high of $141.95. The company has a 50 day moving average price of $131.59 and a 200 day moving average price of $123.08. The stock has a market capitalization of $131.45 billion, a P/E ratio of 39.83, a price-to-earnings-growth ratio of 3.50 and a beta of 1.42. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.64 and a current ratio of 0.58.

Prologis (NYSE:PLD) last issued its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, meeting the consensus estimate of $1.44. The company had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.42 EPS. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Equities research analysts predict that Prologis, Inc. will post 5.73 EPS for the current fiscal year.

Prologis Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change from Prologis’s previous quarterly dividend of $1.01. Prologis’s payout ratio is presently 113.80%.

About Prologis

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.