Texas Permanent School Fund Corp Cuts Stake in Prologis, Inc. $PLD

16 Dec 2025, 07:22 by Amy Steele · The Cerbat Gem

Texas Permanent School Fund Corp lessened its holdings in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 31.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 68,834 shares of the real estate investment trust’s stock after selling 31,254 shares during the quarter. Texas Permanent School Fund Corp’s holdings in Prologis were worth $7,236,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of Prologis by 629.0% in the fourth quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock worth $1,847,000 after buying an additional 15,078 shares in the last quarter. Kovitz Investment Group Partners LLC increased its holdings in Prologis by 187.9% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 21,559 shares of the real estate investment trust’s stock valued at $2,410,000 after acquiring an additional 14,071 shares during the last quarter. Cresset Asset Management LLC lifted its stake in Prologis by 4.6% in the 1st quarter. Cresset Asset Management LLC now owns 39,933 shares of the real estate investment trust’s stock worth $4,464,000 after purchasing an additional 1,759 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Prologis by 8.5% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 32,082 shares of the real estate investment trust’s stock worth $3,586,000 after purchasing an additional 2,506 shares in the last quarter. Finally, Brooklyn Investment Group boosted its holdings in shares of Prologis by 31.7% during the 1st quarter. Brooklyn Investment Group now owns 5,507 shares of the real estate investment trust’s stock valued at $616,000 after purchasing an additional 1,325 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors.

Prologis Price Performance

NYSE:PLD opened at $130.71 on Tuesday. The firm has a market capitalization of $121.42 billion, a price-to-earnings ratio of 38.11, a PEG ratio of 4.00 and a beta of 1.40. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.64 and a quick ratio of 0.64. The business has a 50 day simple moving average of $124.63 and a 200-day simple moving average of $114.89. Prologis, Inc. has a 1 year low of $85.35 and a 1 year high of $131.70.

Prologis (NYSE:PLD – Get Free Report) last posted its quarterly earnings data on Wednesday, October 15th. The real estate investment trust reported $1.49 EPS for the quarter, topping the consensus estimate of $1.44 by $0.05. Prologis had a net margin of 36.71% and a return on equity of 5.55%. The company had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the previous year, the firm earned $1.43 earnings per share. Prologis’s quarterly revenue was up 8.6% compared to the same quarter last year. Prologis has set its FY 2025 guidance at 5.780-5.810 EPS. Equities analysts forecast that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be issued a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, December 16th. Prologis’s dividend payout ratio is presently 117.78%.

Insider Transactions at Prologis

In other Prologis news, Director Cristina Gabriela Bita sold 621 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $127.60, for a total value of $79,239.60. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 1,621 shares of company stock valued at $198,655 over the last ninety days. 0.57% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Mizuho lifted their target price on Prologis from $118.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 4th. Evercore ISI raised their price target on Prologis from $113.00 to $116.00 and gave the company an “in-line” rating in a report on Thursday, October 16th. Bank of America raised Prologis from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $118.00 to $130.00 in a report on Tuesday, September 16th. Scotiabank increased their target price on Prologis from $127.00 to $133.00 and gave the company a “sector perform” rating in a research report on Monday, November 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Prologis in a research report on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $126.88.

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Prologis Company Profile

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