3,671 Shares in Fabrinet $FN Acquired by WINTON GROUP Ltd

Key Points

• WINTON GROUP Ltd acquired a new position of 3,671 shares in Fabrinet (NYSE:FN) during Q3 valued at about $1.34 million, and several other asset managers also added stakes while institutional investors now own 97.38% of the stock.
• Fabrinet reported an earnings beat with $3.36 EPS versus $3.26 expected and revenue of $1.13 billion (up 35.9% YoY), and set Q3 2026 guidance of $3.45–$3.60 EPS while analysts expect roughly 9.4 EPS for the year.
• Shares opened at $524.38 (down 3.4%), the company has a market cap of about $18.8 billion and a 12‑month range of $148.55–$632.99, and analysts hold a consensus target of $541.25 with an overall "Moderate Buy" rating.

WINTON GROUP Ltd acquired a new position in Fabrinet (NYSE:FN - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,671 shares of the technology company's stock, valued at approximately $1,339,000.

Several other large investors also recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new position in shares of Fabrinet during the first quarter worth approximately $203,000. Empowered Funds LLC bought a new position in Fabrinet in the 1st quarter worth approximately $2,331,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Fabrinet by 4.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 79,444 shares of the technology company's stock valued at $15,691,000 after buying an additional 3,717 shares during the last quarter. Savant Capital LLC increased its stake in shares of Fabrinet by 97.8% in the 2nd quarter. Savant Capital LLC now owns 3,638 shares of the technology company's stock valued at $1,072,000 after buying an additional 1,799 shares during the period. Finally, AE Wealth Management LLC raised its position in shares of Fabrinet by 30.4% during the second quarter. AE Wealth Management LLC now owns 1,711 shares of the technology company's stock worth $504,000 after acquiring an additional 399 shares during the last quarter. Institutional investors own 97.38% of the company's stock.

Fabrinet Stock Down 3.4%

Shares of FN stock opened at $524.38 on Thursday. Fabrinet has a 12-month low of $148.55 and a 12-month high of $632.99. The firm has a fifty day moving average of $499.93 and a 200-day moving average of $443.49. The company has a market capitalization of $18.79 billion, a price-to-earnings ratio of 50.23 and a beta of 1.01.

Fabrinet (NYSE:FN - Get Free Report) last released its earnings results on Monday, February 2nd. The technology company reported $3.36 EPS for the quarter, beating the consensus estimate of $3.26 by $0.10. Fabrinet had a return on equity of 18.69% and a net margin of 9.69%.The firm had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same quarter in the previous year, the business posted $2.61 EPS. The business's quarterly revenue was up 35.9% compared to the same quarter last year. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS. On average, equities analysts expect that Fabrinet will post 9.4 EPS for the current year.

Analyst Upgrades and Downgrades

FN has been the subject of a number of research reports. Barclays lifted their price objective on Fabrinet from $537.00 to $548.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 3rd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $550.00 target price on shares of Fabrinet in a research note on Tuesday, February 3rd. Needham & Company LLC reiterated a "buy" rating and set a $540.00 price target on shares of Fabrinet in a research report on Tuesday, February 3rd. Wolfe Research raised shares of Fabrinet from a "peer perform" rating to an "outperform" rating and set a $540.00 price target for the company in a research note on Wednesday, February 4th. Finally, Zacks Research upgraded shares of Fabrinet from a "hold" rating to a "strong-buy" rating in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $541.25.

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.

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