BNP Paribas Financial Markets Increases Position in Fabrinet $FN

Posted by on Jun 6th, 2026

BNP Paribas Financial Markets grew its holdings in Fabrinet (NYSE:FN – Free Report) by 271.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 50,505 shares of the technology company’s stock after buying an additional 36,894 shares during the period. BNP Paribas Financial Markets’ holdings in Fabrinet were worth $22,994,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in FN. Wasatch Advisors LP raised its holdings in shares of Fabrinet by 45.1% in the second quarter. Wasatch Advisors LP now owns 1,779,665 shares of the technology company’s stock valued at $524,432,000 after buying an additional 553,196 shares during the last quarter. Norges Bank purchased a new stake in shares of Fabrinet in the fourth quarter valued at about $193,766,000. Alliancebernstein L.P. raised its holdings in shares of Fabrinet by 226.1% in the third quarter. Alliancebernstein L.P. now owns 499,177 shares of the technology company’s stock valued at $182,010,000 after buying an additional 346,113 shares during the last quarter. Holocene Advisors LP purchased a new stake in shares of Fabrinet in the third quarter valued at about $124,847,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Fabrinet by 183.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 333,555 shares of the technology company’s stock worth $121,621,000 after purchasing an additional 215,903 shares in the last quarter. 97.38% of the stock is owned by hedge funds and other institutional investors.

Fabrinet Trading Down 13.0%

Shares of FN opened at $622.08 on Friday. The firm’s 50-day moving average is $651.98 and its two-hundred day moving average is $545.63. Fabrinet has a twelve month low of $231.51 and a twelve month high of $748.89. The firm has a market capitalization of $22.29 billion, a P/E ratio of 53.44 and a beta of 1.17.

Fabrinet (NYSE:FN – Get Free Report) last issued its earnings results on Monday, May 4th. The technology company reported $3.72 earnings per share for the quarter, topping the consensus estimate of $3.58 by $0.14. Fabrinet had a net margin of 9.94% and a return on equity of 19.83%. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the business posted $2.52 earnings per share. The firm’s revenue for the quarter was up 39.3% compared to the same quarter last year. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. Analysts predict that Fabrinet will post 12.96 EPS for the current year.

Insiders Place Their Bets

In other Fabrinet news, Director Homa Bahrami sold 2,500 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $711.91, for a total transaction of $1,779,775.00. Following the transaction, the director directly owned 16,233 shares in the company, valued at approximately $11,556,435.03. This represents a 13.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Fox Advisors cut shares of Fabrinet from a “strong-buy” rating to an “equal weight” rating in a report on Tuesday, May 5th. Barclays increased their price target on shares of Fabrinet from $548.00 to $702.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Northland Securities set a $800.00 price target on shares of Fabrinet in a report on Monday, April 20th. JPMorgan Chase & Co. cut their price target on shares of Fabrinet from $700.00 to $680.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Finally, Zacks Research raised shares of Fabrinet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $661.75.

Get Our Latest Report on Fabrinet

Fabrinet Profile

(Free Report)

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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Institutional Ownership by Quarter for Fabrinet (NYSE:FN)

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