Dearborn Partners LLC Takes $22.30 Million Position in Proto Labs, Inc. $PRLB

Dearborn Partners LLC bought a new position in Proto Labs, Inc. (NYSE:PRLB) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 217,223 shares of the industrial products company’s stock, valued at approximately $22,302,000. Dearborn Partners LLC owned approximately 0.91% of Proto Labs at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of PRLB. Group One Trading LLC bought a new position in Proto Labs in the 4th quarter valued at $25,000. NewEdge Advisors LLC grew its holdings in shares of Proto Labs by 7,380.0% during the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 738 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Proto Labs during the fourth quarter worth $46,000. USA Financial Formulas bought a new stake in shares of Proto Labs during the first quarter worth $52,000. Finally, Modus Advisors LLC acquired a new stake in shares of Proto Labs in the fourth quarter valued at $57,000. 84.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Proto Labs Trading Down 3.8%

Shares of NYSE PRLB opened at $76.55 on Tuesday. Proto Labs, Inc. has a 1 year low of $45.10 and a 1 year high of $93.00. The firm’s 50-day moving average is $80.52 and its 200-day moving average is $70.47. The firm has a market capitalization of $1.83 billion, a PE ratio of 61.24 and a beta of 1.40.

Proto Labs (NYSE:PRLB) last posted its quarterly earnings results on Friday, July 31st. The industrial products company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.07. Proto Labs had a net margin of 5.44% and a return on equity of 4.80%. The business had revenue of $149.34 million during the quarter, compared to the consensus estimate of $144.53 million. During the same period in the previous year, the firm posted $0.41 earnings per share. Proto Labs’s revenue for the quarter was up 10.5% compared to the same quarter last year. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. As a group, equities research analysts anticipate that Proto Labs, Inc. will post 1.46 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Proto Labs news, Director Sven Wehrwein sold 2,000 shares of the company’s stock in a transaction 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 completion of the sale, the director owned 32,505 shares in the company, valued at approximately $2,511,986.40. The trade was a 5.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Proto Labs 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.