Prologis (NYSE:PLD) Price Target Raised to $150.00 at Scotiabank

Prologis (NYSE:PLD) had its price objective hoisted by Scotiabank from $146.00 to $150.00 in a report published on Thursday morning, Marketbeat reports. They currently have a sector perform rating on the real estate investment trust’s stock.

A number of other research analysts also recently issued reports on the company. BNP Paribas Exane lifted their price target on Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Robert W. Baird upped their price objective on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Bank of America upped their price objective on Prologis from $153.00 to $162.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. boosted their target price on shares of Prologis from $141.00 to $157.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Morgan Stanley raised their price target 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. Fifteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Prologis presently has an average rating of “Moderate Buy” and a consensus price target of $153.81.

Prologis Price Performance

Shares of PLD opened at $145.10 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.51 and a current ratio of 0.27. The company has a 50 day moving average price of $143.42 and a 200-day moving average price of $138.49. Prologis has a fifty-two week low of $103.41 and a fifty-two week high of $153.35. The stock has a market capitalization of $135.28 billion, a PE ratio of 32.32 and a beta of 1.32.

Prologis (NYSE:PLD) 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. The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. Prologis’s revenue was up 11.0% compared to the same quarter last year. During the same period last year, the company posted $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Equities analysts predict that Prologis will post 6.28 earnings per share for the current fiscal year.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 16th. Prologis’s dividend payout ratio is presently 95.32%.

Insider Transactions at Prologis

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is owned by company insiders.

Institutional Investors Weigh In On Prologis

Institutional investors and hedge funds have recently modified their holdings of the company. CoreCap Advisors LLC increased its stake 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. Sandy Cove Advisors LLC boosted its stake in shares of 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 buying an additional 73 shares during the period. Boltwood Capital Management grew its holdings in shares of Prologis by 1.5% during the second quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust’s stock worth $700,000 after buying an additional 75 shares during the last quarter. High Note Wealth LLC increased its position in Prologis by 43.9% in the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 76 shares during the period. Finally, Hibernia Wealth Partners LLC increased its position in Prologis by 2.5% in the 1st quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust’s stock valued at $406,000 after acquiring an additional 76 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis made a final takeover bid for U.K. warehouse landlord SEGRO worth about $18.7 billion, and SEGRO’s board said it would recommend the proposal to shareholders. That improves the odds of a deal and highlights Prologis’s ability to use M&A to expand its logistics real estate footprint. Article Title
• Positive Sentiment: Scotiabank raised its price target on Prologis to $150 from $146, while Truist lifted its target to $162, signaling continued confidence in the stock’s valuation and long-term outlook. Article Title Article Title
• Positive Sentiment: Recent coverage says investor interest in logistics and data-center themes is returning, which could support Prologis’s industrial warehouse portfolio and AI-related expansion narrative. Article Title
• Neutral Sentiment: Some commentary says the stock may be trading above fair value after a strong run, which could temper near-term upside even as fundamentals remain solid. Article Title
• Neutral Sentiment: Analysts have also pointed to Prologis’s recent earnings strength as a broader boost for industrial REITs, reinforcing the company’s operating momentum rather than changing the story materially. Article Title

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.