F m Investments LLC Has $5.13 Million Stock Holdings in Fabrinet $FN

F m Investments LLC lowered its holdings in shares of Fabrinet (NYSE:FN) by 19.4% in the 4th quarter, HoldingsChannel reports. The firm owned 11,259 shares of the technology company’s stock after selling 2,713 shares during the period. F m Investments LLC’s holdings in Fabrinet were worth $5,126,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Westend Capital Management LLC acquired a new stake in Fabrinet during the fourth quarter worth approximately $29,000. Root Financial Partners LLC acquired a new stake in Fabrinet during the third quarter worth approximately $34,000. Rakuten Securities Inc. grew its stake in Fabrinet by 340.9% during the fourth quarter. Rakuten Securities Inc. now owns 97 shares of the technology company’s stock worth $44,000 after purchasing an additional 75 shares during the period. USA Financial Formulas acquired a new stake in Fabrinet during the fourth quarter worth approximately $49,000. Finally, CI Investments Inc. grew its stake in Fabrinet by 40.6% during the third quarter. CI Investments Inc. now owns 149 shares of the technology company’s stock worth $54,000 after purchasing an additional 43 shares during the period. Institutional investors and hedge funds own 97.38% of the company’s stock.

Fabrinet News Roundup

Here are the key news stories impacting Fabrinet this week:

• Positive Sentiment: Northland Securities lifted its earnings forecasts for Fabrinet, including higher FY2027 and Q4 2027 EPS estimates, suggesting improving profit expectations. Northland Securities EPS estimate updates
• Positive Sentiment: Zacks Research upgraded Fabrinet from hold to strong-buy, reinforcing bullish analyst sentiment on the stock. Zacks upgrade
• Positive Sentiment: Another recent note described Fabrinet as a technology name analysts are bullish on, adding to the constructive outlook. Analysts are bullish on Fabrinet
• Neutral Sentiment: Fabrinet also appeared in a comparison article on how it has performed versus the broader computer and technology sector this year, which is informational rather than a direct catalyst. Sector performance comparison
• Negative Sentiment: A separate report from JPMorgan Chase & Co. was described as pessimistic on Fabrinet’s stock price, which may be tempering some of the upside from the analyst upgrades. JPMorgan pessimistic forecast

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Barclays raised their target price on Fabrinet from $548.00 to $702.00 and gave the stock an “overweight” rating in a research note on Tuesday. Weiss Ratings raised Fabrinet from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday. Zacks Research raised Fabrinet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Wolfe Research raised Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 target price for the company in a research note on Wednesday, February 4th. Finally, B. Riley Financial raised their target price on Fabrinet from $366.00 to $452.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $661.75.

Fabrinet Stock Performance

Shares of NYSE:FN opened at $620.70 on Friday. The business’s 50 day simple moving average is $593.72 and its two-hundred day simple moving average is $510.15. The firm has a market cap of $22.24 billion, a P/E ratio of 53.32 and a beta of 1.22. Fabrinet has a 52-week low of $199.86 and a 52-week high of $734.79.

Fabrinet (NYSE:FN) last announced its quarterly earnings results on Monday, May 4th. The technology company reported $3.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.58 by $0.14. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Fabrinet had a return on equity of 19.83% and a net margin of 9.94%.The company’s quarterly revenue was up 39.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.52 earnings per share. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. On average, equities analysts forecast that Fabrinet will post 12.96 earnings per share for the current fiscal year.

About Fabrinet

Fabrinet is a global provider of advanced optical packaging and precision optical, electro‐mechanical and electronic manufacturing services (CEM). The company specializes in complex manufacturing processes for original equipment manufacturers (OEMs) in communications, data center, industrial, instrumentation and medical markets. Key capabilities include high‐precision fiber alignment, micro‐assembly, testing and diagnostics, and integration of electro‐optic subassemblies.

Incorporated in 2000, Fabrinet operates under a corporate structure headquartered in Singapore with additional regional offices and design centers in the Americas, Europe and Asia.