Varma Mutual Pension Insurance Co Purchases 14,200 Shares of Prologis, Inc. $PLD

NodeGuardian · 2026-02-23T06:20:37+00:00

Varma Mutual Pension Insurance Co raised its stake in Prologis, Inc. by 8.6%, acquiring 14,200 shares for about $20.46 million. Analysts favor a "Moderate Buy" rating with a target price of $135.32, as Prologis outperformed Q3 earnings and is optimistic for FY2026.

NodeGuardian

2026-02-23 06:20:37

Abstract generation in progress

Varma Mutual Pension Insurance Co increased its stake in Prologis, Inc. by 8.6%, purchasing an additional 14,200 shares to hold a total of 178,646 shares valued at approximately $20.46 million. This transaction highlights continued institutional interest, with analysts generally maintaining a “Moderate Buy” rating and a consensus target price of $135.32 for the real estate investment trust. Prologis reported strong Q3 earnings, exceeding revenue estimates and in line with EPS projections, while also setting an optimistic FY2026 EPS guidance.

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