Prologis (NYSE:PLD) Price Target Raised to $157.00 at JPMorgan Chase & Co.

Prologis (NYSE:PLD) had its target price increased by JPMorgan Chase & Co. from $141.00 to $157.00 in a report released on Tuesday morning,MarketScreener reports. JPMorgan Chase & Co. currently has an overweight rating on the real estate investment trust’s stock.

Several other brokerages have also recently commented on PLD. Royal Bank Of Canada raised their price objective on shares of Prologis from $132.00 to $135.00 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Bank of America raised their price objective on shares of Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a research note on Monday. UBS Group raised their price objective on shares of Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Mizuho raised their price objective on shares of Prologis from $138.00 to $143.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Finally, BNP Paribas Exane lifted their target price on shares of Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Prologis presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.55.

Prologis Stock Down 2.0%

Shares of NYSE PLD opened at $142.17 on Tuesday. The company has a quick ratio of 0.58, a current ratio of 0.16 and a debt-to-equity ratio of 0.60. Prologis has a 52 week low of $98.77 and a 52 week high of $145.44. The firm has a 50-day moving average price of $136.48 and a 200 day moving average price of $130.32. The stock has a market capitalization of $132.53 billion, a price-to-earnings ratio of 35.81, a price-to-earnings-growth ratio of 3.41 and a beta of 1.40.

Prologis (NYSE:PLD) last announced its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, beating the consensus estimate of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.46%. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the business earned $1.43 earnings per share. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities research analysts anticipate that Prologis will post 6.14 EPS for the current fiscal year.

Prologis Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a dividend of $1.07 per share. The ex-dividend date was Tuesday, March 17th. This is an increase from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 dividend on an annualized basis and a yield of 3.0%. Prologis’s dividend payout ratio (DPR) is presently 107.81%.

Hedge Funds Weigh In On Prologis

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PLD. Norges Bank acquired a new position in Prologis during the fourth quarter worth about $1,589,125,000. Cardano Risk Management B.V. raised its position in Prologis by 999.3% during the fourth quarter. Cardano Risk Management B.V. now owns 11,228,730 shares of the real estate investment trust’s stock worth $1,433,460,000 after acquiring an additional 10,207,267 shares during the last quarter. Swedbank AB raised its position in Prologis by 36.2% during the fourth quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock worth $978,461,000 after acquiring an additional 2,038,329 shares during the last quarter. Bessemer Group Inc. raised its position in Prologis by 8,000.9% during the fourth quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock worth $203,741,000 after acquiring an additional 1,576,262 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Prologis by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock worth $15,743,451,000 after acquiring an additional 1,258,407 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Multiple major brokers raised price targets and reiterated bullish ratings (Citi to $165 “Buy”; JPMorgan to $157 “Overweight”; Bank of America to $162 “Buy”; Scotiabank to $154 “Sector Outperform”), signaling strong sell‑side conviction that Prologis’ growth and cash flows justify higher valuations. Citi raises PT
• Positive Sentiment: Prologis reported a strong Q1 beat and raised its earnings outlook, supporting analyst upgrades and buy-side conviction that fundamentals (rent growth, development pipeline) remain intact. Q1 beat & guidance
• Positive Sentiment: Strategic capital move: Prologis launched a multi‑billion euro pan‑European logistics JV with La Caisse and is onboarding global partners (including GIC), expanding its European footprint and capital‑efficient growth options. This strengthens platform scale and fee income potential. European JV
• Neutral Sentiment: Media pieces label PLD a strong momentum/Wall‑Street favorite and show it outperforming some peers year‑to‑date — useful context for momentum traders but not new fundamental data. Momentum article
• Negative Sentiment: Valuation and profit‑taking risks: several analysts’ raises may already be priced in after the run; PLD trades at a rich multiple vs. historical averages, leaving it vulnerable to short‑term pullbacks if macro or rate sentiment shifts. Valuation caution

Prologis Company 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.