Dearborn Partners LLC Makes New Investment in Proto Labs, Inc. $PRLB

Dearborn Partners LLC acquired a new stake in shares of Proto Labs, Inc. (NYSE:PRLB) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 87,008 shares of the industrial products company’s stock, valued at approximately $7,895,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Illinois Municipal Retirement Fund boosted its holdings in shares of Proto Labs by 2.4% during the 1st quarter. Illinois Municipal Retirement Fund now owns 12,871 shares of the industrial products company’s stock valued at $734,000 after buying an additional 300 shares in the last quarter. Horizon Investments LLC increased its stake in shares of Proto Labs by 3.4% in the 4th quarter. Horizon Investments LLC now owns 11,886 shares of the industrial products company’s stock worth $601,000 after acquiring an additional 395 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Proto Labs in the 2nd quarter worth about $37,000. Federated Hermes Inc. increased its stake in shares of Proto Labs by 1.5% in the 4th quarter. Federated Hermes Inc. now owns 30,748 shares of the industrial products company’s stock worth $1,556,000 after acquiring an additional 469 shares in the last quarter. Finally, Group One Trading LLC purchased a new position in Proto Labs during the 4th quarter valued at about $25,000. Hedge funds and other institutional investors own 84.54% of the company’s stock.

Insider Activity

In other news, Director Sven Wehrwein sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total transaction of $154,560.00. Following the sale, the director owned 32,505 shares in the company, valued at $2,511,986.40. This represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

PRLB has been the topic of several research reports. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Weiss Ratings downgraded shares of Proto Labs from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 18th. Benchmark lifted their target price on shares of Proto Labs from $70.00 to $91.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Wall Street Zen cut Proto Labs from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, Needham & Company LLC raised Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $89.00.

Proto Labs Price Performance

Shares of Proto Labs stock opened at $80.20 on Friday. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 64.16 and a beta of 1.40. The firm’s 50-day moving average is $80.46 and its 200 day moving average is $70.91. Proto Labs, Inc. has a 1 year low of $45.10 and a 1 year high of $93.00.

Proto Labs (NYSE:PRLB) last announced its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.53 by $0.07. The company had revenue of $149.34 million for the quarter, compared to the consensus estimate of $144.53 million. Proto Labs had a net margin of 5.44% and a return on equity of 4.80%. Proto Labs’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.41 EPS. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. On average, equities analysts expect that Proto Labs, Inc. will post 1.46 EPS for the current fiscal year.

Proto Labs Company Profile

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.