Perpetual Ltd Has $26.73 Million Position in Prologis, Inc. $PLD

04 Apr 2026, 08:44 by Scott Moore · The Cerbat Gem

Perpetual Ltd lowered its holdings in Prologis, Inc. (NYSE:PLD – Free Report) by 40.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 209,381 shares of the real estate investment trust’s stock after selling 140,603 shares during the period. Perpetual Ltd’s holdings in Prologis were worth $26,730,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. State Street Corp raised its position in Prologis by 1.9% during the second quarter. State Street Corp now owns 58,640,842 shares of the real estate investment trust’s stock valued at $6,164,325,000 after buying an additional 1,088,544 shares during the period. Amundi lifted its stake in Prologis by 22.0% in the 3rd quarter. Amundi now owns 5,651,563 shares of the real estate investment trust’s stock worth $661,968,000 after acquiring an additional 1,020,819 shares in the last quarter. Federated Hermes Inc. boosted its position in Prologis by 30.3% during the 3rd quarter. Federated Hermes Inc. now owns 4,256,236 shares of the real estate investment trust’s stock worth $487,424,000 after acquiring an additional 988,986 shares during the period. Mondrian Investment Partners LTD purchased a new position in Prologis during the 3rd quarter valued at about $112,141,000. Finally, Capital International Investors grew its stake in Prologis by 15.0% during the 3rd quarter. Capital International Investors now owns 7,247,383 shares of the real estate investment trust’s stock valued at $829,970,000 after acquiring an additional 946,847 shares in the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Stock Up 0.1%

PLD opened at $133.91 on Friday. The company has a market capitalization of $124.84 billion, a PE ratio of 37.72, a price-to-earnings-growth ratio of 3.16 and a beta of 1.40. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58. Prologis, Inc. has a fifty-two week low of $85.35 and a fifty-two week high of $143.95. The business has a 50-day moving average of $134.93 and a 200-day moving average of $128.07.

Prologis (NYSE:PLD – Get Free Report) last announced 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. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The business had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the business posted $1.42 EPS. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Equities research analysts forecast that Prologis, Inc. will post 5.73 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 $1.07 dividend. This is a positive change from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, March 17th. Prologis’s payout ratio is presently 120.56%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Evercore increased their price target on shares of Prologis from $118.00 to $121.00 and gave the stock an “in-line” rating in a research report on Thursday, January 22nd. BTIG Research boosted their price objective on shares of Prologis from $134.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, December 31st. Citigroup began coverage on shares of Prologis in a research note on Thursday, March 5th. They issued a “buy” rating and a $145.00 price objective on the stock. BNP Paribas Exane lifted their target price on shares of Prologis from $129.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Finally, Freedom Capital cut shares of Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Prologis presently has an average rating of “Moderate Buy” and a consensus target price of $137.20.

View Our Latest Research Report on PLD

Key Stories Impacting Prologis

Here are the key news stories impacting Prologis this week:

Positive Sentiment: Q4 “beat-and-raise” report and stronger multi-year business outlook that prompted a price surge — reinforces revenue/earnings momentum and supports higher valuation expectations. Prologis (PLD) Surged following a “Beat And Raise” Earnings Report and a Robust Multi-Year Business Outlook
Positive Sentiment: $1.6B joint venture with GIC to build customized, long‑term leased logistics facilities — expands Prologis’ development pipeline using institutional capital, accelerates scalable, higher‑margin build-to-suit opportunities and should drive fee/income growth. Prologis GIC Venture Aims To Scale Custom Logistics And Investor Income
Positive Sentiment: Zacks upgraded PLD to a Rank #2 (Buy) — the upgrade signals growing optimism about near-term earnings prospects and can attract momentum/quant flows. Prologis (PLD) Upgraded to Buy: Here’s What You Should Know
Positive Sentiment: Zacks also highlights PLD as a long-term pick (Zacks Focus List) — endorsement that may support longer-horizon investor interest and steady institutional buying. Why Prologis (PLD) is a Top Stock for the Long-Term
Neutral Sentiment: Earnings preview pieces summarize expectations and model sensitivity ahead of results — useful for traders but contain limited new information beyond guidance and consensus estimates. Earnings Preview: What to Expect From Prologis’ Report
Neutral Sentiment: Comparative analyst write-ups that include Prologis (versus hotel/reit peers) discuss valuation and sector positioning but offer no negative catalyst — helpful for relative-value context. Critical Comparison: Summit Hotel Properties (NYSE:INN) & Prologis (NYSE:PLD) Analyzing Ventas (NYSE:VTR) and Prologis (NYSE:PLD)

Prologis 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.

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