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Vanguard Group Inc. Increases Holdings in Prologis, Inc. $PLD
Vanguard Group Inc. increased its stake in Prologis, Inc. (NYSE:PLD) by 0.3% in the third quarter, now owning 13.14% of the company, valued at approximately $13.98 billion. Prologis also announced a boosted quarterly dividend of $1.07 (annualized $4.28), yielding about 3.1%, despite a high payout ratio of 113.8%. The company met earnings per share estimates at $1.44 while exceeding revenue expectations with $2.25 billion and provided FY2026 guidance between $6.00 and $6.20 EPS.