Dearborn Partners LLC Purchases New Stake in Proto Labs, Inc. $PRLB

Dearborn Partners LLC purchased a new stake in shares of Proto Labs, Inc. (NYSE:PRLB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 87,008 shares of the industrial products company’s stock, valued at approximately $7,895,000. Dearborn Partners LLC owned 0.36% of Proto Labs as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PRLB. Illinois Municipal Retirement Fund increased its position in shares of Proto Labs by 2.4% in the first quarter. Illinois Municipal Retirement Fund now owns 12,871 shares of the industrial products company’s stock valued at $734,000 after acquiring an additional 300 shares during the period. Horizon Investments LLC raised its stake in shares of Proto Labs by 3.4% during the fourth quarter. Horizon Investments LLC now owns 11,886 shares of the industrial products company’s stock valued at $601,000 after acquiring an additional 395 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Proto Labs during the second quarter worth about $37,000. Federated Hermes Inc. boosted its holdings in shares of Proto Labs by 1.5% during the fourth quarter. Federated Hermes Inc. now owns 30,748 shares of the industrial products company’s stock worth $1,556,000 after purchasing an additional 469 shares during the period. Finally, Group One Trading LLC purchased a new stake in shares of Proto Labs during the fourth quarter worth about $25,000. Institutional investors own 84.54% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Proto Labs Trading Up 1.7%

Shares of PRLB opened at $80.20 on Friday. The firm’s 50-day moving average price is $80.46 and its 200-day moving average price is $70.91. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 64.16 and a beta of 1.40. 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 results on Friday, July 31st. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.07. Proto Labs had a net margin of 5.44% and a return on equity of 4.80%. The company had revenue of $149.34 million for the quarter, compared to analysts’ expectations of $144.53 million. During the same quarter in the previous year, the company earned $0.41 earnings per share. Proto Labs’s quarterly revenue was up 10.5% on a year-over-year basis. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. On average, research analysts forecast that Proto Labs, Inc. will post 1.46 EPS for the current fiscal year.

Insiders Place Their Bets

In other Proto Labs news, Director Sven Wehrwein sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $77.28, for a total transaction of $154,560.00. Following the transaction, the director owned 32,505 shares in the company, valued at approximately $2,511,986.40. This represents a 5.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.

About Proto Labs

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.