Fabrinet $FN Shares Purchased by CreativeOne Wealth LLC

CreativeOne Wealth LLC raised its holdings in shares of Fabrinet (NYSE:FN) by 202.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,313 shares of the technology company’s stock after purchasing an additional 2,217 shares during the period. CreativeOne Wealth LLC’s holdings in Fabrinet were worth $1,208,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new position in shares of Fabrinet in the 3rd quarter worth about $34,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Fabrinet during the 2nd quarter valued at about $35,000. First Horizon Advisors Inc. raised its stake in Fabrinet by 124.2% during the second quarter. First Horizon Advisors Inc. now owns 139 shares of the technology company’s stock worth $41,000 after acquiring an additional 77 shares during the period. CI Investments Inc. lifted its holdings in Fabrinet by 40.6% in the third quarter. CI Investments Inc. now owns 149 shares of the technology company’s stock worth $54,000 after acquiring an additional 43 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its holdings in Fabrinet by 20.4% in the third quarter. Cullen Frost Bankers Inc. now owns 171 shares of the technology company’s stock worth $62,000 after acquiring an additional 29 shares during the last quarter. 97.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on FN shares. B. Riley Financial upped their target price on Fabrinet from $366.00 to $452.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Needham & Company LLC restated a “buy” rating and set a $540.00 price objective on shares of Fabrinet in a research report on Tuesday, February 3rd. Rosenblatt Securities restated a “buy” rating and set a $550.00 price objective on shares of Fabrinet in a research note on Tuesday, February 3rd. Weiss Ratings lowered Fabrinet from a “buy (b)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Finally, Susquehanna raised their target price on Fabrinet from $550.00 to $570.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $541.25.

Fabrinet Trading Up 3.1%

FN opened at $543.73 on Wednesday. The business’s 50 day moving average is $498.53 and its 200-day moving average is $442.92. The stock has a market cap of $19.48 billion, a PE ratio of 52.08 and a beta of 1.01. Fabrinet has a twelve month low of $148.55 and a twelve month high of $632.99.

Fabrinet (NYSE:FN) last issued its quarterly earnings data on Monday, February 2nd. The technology company reported $3.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.26 by $0.10. Fabrinet had a return on equity of 18.69% and a net margin of 9.69%.The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the company posted $2.61 EPS. The business’s revenue for the quarter was up 35.9% compared to the same quarter last year. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS. As a group, analysts forecast that Fabrinet will post 9.4 EPS for the current year.

Fabrinet Company Profile

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.