Rep. David Taylor Buys Shares of Prologis, Inc. (NYSE:PLD)

Representative David Taylor (Republican-Ohio) recently bought shares of Prologis, Inc. (NYSE:PLD). In a filing disclosed on October 29th, the Representative disclosed that they had bought between $1,001 and $15,000 in Prologis stock on October 15th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 10/12/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/9/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.

Prologis Price Performance

NYSE PLD opened at $128.09 on Friday. The stock has a market cap of $121.75 billion, a price-to-earnings ratio of 28.28, a PEG ratio of 1.46 and a beta of 1.31. Prologis, Inc. has a 12 month low of $121.40 and a 12 month high of $153.35. The company’s 50 day moving average is $132.95 and its two-hundred day moving average is $137.78. The company has a current ratio of 0.81, a quick ratio of 0.70 and a debt-to-equity ratio of 0.61.

Prologis Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were paid a dividend of $1.07 per share. The ex-dividend date was Wednesday, September 16th. This represents a $4.28 dividend on an annualized basis and a yield of 3.3%. Prologis’s dividend payout ratio (DPR) is presently 94.48%.

Hedge Funds Weigh In On Prologis

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in Prologis during the 2nd quarter valued at about $14,006,587,000. Legal & General Group Plc purchased a new stake in shares of Prologis in the 2nd quarter worth approximately $1,473,965,000. Bank of America Corp DE purchased a new stake in shares of Prologis in the 2nd quarter worth approximately $1,427,256,000. Deutsche Bank AG bought a new stake in Prologis during the 2nd quarter valued at $968,959,000. Finally, Bank of New York Mellon Corp bought a new stake in Prologis during the second quarter valued at about $742,843,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. KeyCorp restated a “sector weight” rating on shares of Prologis in a research report on Monday, October 19th. UBS Group set a $150.00 target price on shares of Prologis in a report on Friday, October 16th. Weiss Ratings lowered Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Barclays upped their price objective on Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Prologis has an average rating of “Moderate Buy” and a consensus price target of $154.68.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Prologis Company Profile

Prologis, Inc is a global real estate investment trust that owns, develops, acquires and manages logistics properties. Its portfolio primarily includes warehouses, distribution centers and fulfillment facilities used by retailers, manufacturers, transportation companies and other businesses to support supply-chain operations and e-commerce.

The company also provides property management, development and leasing services, along with related supply-chain and customer solutions. Through its Prologis Essentials platform, it offers services and technologies designed to help customers improve warehouse operations, including energy, mobility and operational solutions.

Prologis serves major population centers and trade corridors across North America, Europe, Asia and Latin America.