Prologis, Inc. (PLD)

In the past six months, Prologis announced its second-quarter 2025 earnings on July 16, reporting $1.46 EPS, surpassing estimates. Prologis is scheduled to release its third-quarter 2025 results on October 15, 2025. On August 29, 2025, Prologis declared a quarterly dividend, with an ex-dividend date of September 16, 2025, and a payment date of September 30, 2025. On September 16, 2025, Bank of America upgraded Prologis from "Neutral" to "Buy," increasing its price target to $130. Director Cristina Gabriela Bita sold 500 shares on October 1, 2025. Several institutional investors increased their holdings in Prologis during the first and second quarters of 2025, while 111 Capital significantly reduced its stake by 54.3% in the second quarter of 2025.

Demand for Prologis's products and services exhibits some seasonality influenced by broader economic and retail trends, though its diverse customer base provides resilience. Peak season shipping, particularly during the holiday shopping frenzy, significantly increases demand for logistics facilities due to the continuous growth of e-commerce. In the second quarter of 2025, the Prologis Industrial Business Indicator (IBI) Utilization Rate showed an upward trend. Competition for high-quality logistics space is expected to increase in the latter half of 2025, as new deliveries are projected to decline.

Prologis, Inc. is a global leader in logistics real estate, operating as a REIT specializing in high-quality industrial properties. The company owns, operates, and develops logistics facilities, leasing them to a diverse customer base including e-commerce companies, retailers, transportation providers, and manufacturers. Prologis offers distribution centers, last-mile facilities, and build-to-suit projects, and provides an "Essentials" platform with solutions like solar power, racking systems, and EV charging infrastructure. The company operates within the Real Estate sector, specifically the Industrial REIT industry.

Prologis maintains a significant global presence, operating in 20 countries across North America, Latin America, Europe, and Asia. As of March 31, 2025, its portfolio encompassed approximately 1.3 billion square feet of properties and development projects. Key markets in the United States include Southern California, New Jersey/New York City, Chicago, Dallas/Fort Worth, and the San Francisco Bay Area. Internationally, Prologis has an operational presence in Central Europe, Mexico and Japan.

Prologis has maintained a strong brand reputation over the past year, marked by its leadership in sustainability and industry influence. The company was recognized on Forbes' "Most Trusted Companies in America (2025)" and "Net Zero Leaders (2025)" lists. Prologis has a stated goal of achieving net-zero greenhouse gas emissions by 2040 and has been acknowledged for its sustainability efforts for ten consecutive years. In December 2024, Prologis secured a EUR225 million loan from the European Investment Bank for solar panel and battery storage installations. In April 2025, Prologis partnered with Broadstone Net Lease Inc. on a $78.2 million build-to-suit development project. On October 1, 2025, Prologis's CEO, Hamid Moghadam, headlined the GROUNDBREAKERS 2025 forum.

Prologis, Inc.'s ownership structure is predominantly institutional, with approximately 94.42% of the company's stock held by institutional shareholders, 0.71% held by insiders, and 4.86% by retail investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Vanguard Group Inc. is the largest single shareholder, owning 121.74 million shares, representing 13.12% of the company.