Public Sector Pension Investment Board Grows Holdings in Proto Labs, Inc. $PRLB

Public Sector Pension Investment Board raised its position in Proto Labs, Inc. (NYSE:PRLBFree Report) by 39.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 113,012 shares of the industrial products company’s stock after buying an additional 31,996 shares during the period. Public Sector Pension Investment Board owned 0.48% of Proto Labs worth $5,654,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Amalgamated Bank increased its position in shares of Proto Labs by 3.4% during the third quarter. Amalgamated Bank now owns 7,071 shares of the industrial products company’s stock valued at $354,000 after acquiring an additional 235 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Proto Labs by 4.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,103 shares of the industrial products company’s stock valued at $244,000 after purchasing an additional 238 shares during the period. SG Americas Securities LLC increased its position in shares of Proto Labs by 1.7% during the 3rd quarter. SG Americas Securities LLC now owns 21,419 shares of the industrial products company’s stock valued at $1,072,000 after purchasing an additional 349 shares during the last quarter. Police & Firemen s Retirement System of New Jersey increased its position in shares of Proto Labs by 14.2% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,836 shares of the industrial products company’s stock valued at $234,000 after purchasing an additional 725 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Proto Labs by 7,380.0% during the 1st 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 period. Institutional investors own 84.54% of the company’s stock.

Proto Labs Stock Down 1.7%

Shares of NYSE:PRLB opened at $65.71 on Thursday. The firm has a market capitalization of $1.56 billion, a PE ratio of 74.67 and a beta of 1.24. The company has a 50-day moving average price of $55.58 and a two-hundred day moving average price of $51.92. Proto Labs, Inc. has a twelve month low of $29.58 and a twelve month high of $68.91.

Proto Labs (NYSE:PRLBGet Free Report) last posted its quarterly earnings results on Friday, February 6th. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.09. The company had revenue of $136.49 million for the quarter, compared to analyst estimates of $129.07 million. Proto Labs had a net margin of 3.98% and a return on equity of 3.20%. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 earnings per share. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. Analysts anticipate that Proto Labs, Inc. will post 0.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PRLB has been the subject of several research reports. Zacks Research upgraded shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. Benchmark increased their target price on shares of Proto Labs from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Proto Labs in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Proto Labs has a consensus rating of “Buy” and an average target price of $53.33.

Check Out Our Latest Report on Proto Labs

Insider Activity at Proto Labs

In other news, insider Michael R. Kenison sold 3,048 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $50.17, for a total value of $152,918.16. Following the completion of the transaction, the insider directly owned 28,898 shares of the company’s stock, valued at $1,449,812.66. This trade represents a 9.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is owned by insiders.

Proto Labs Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Proto Labs (NYSE:PRLB)

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