Swedbank AB Boosts Stake in Fabrinet $FN

Posted by Brian Himes on Jul 11th, 2026

Swedbank AB lifted its position in Fabrinet (NYSE:FN – Free Report) by 76.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,805 shares of the technology company’s stock after purchasing an additional 9,005 shares during the quarter. Swedbank AB’s holdings in Fabrinet were worth $10,850,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its position in Fabrinet by 163.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,041,227 shares of the technology company’s stock worth $1,839,891,000 after buying an additional 2,504,841 shares during the period. Wasatch Advisors LP increased its holdings in shares of Fabrinet by 45.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,779,665 shares of the technology company’s stock valued at $524,432,000 after acquiring an additional 553,196 shares during the period. Norges Bank acquired a new position in shares of Fabrinet in the 4th quarter valued at $193,766,000. JPMorgan Chase & Co. raised its position in Fabrinet by 64.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,065,414 shares of the technology company’s stock valued at $485,063,000 after purchasing an additional 419,081 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Fabrinet by 226.1% during the 3rd quarter. Alliancebernstein L.P. now owns 499,177 shares of the technology company’s stock worth $182,010,000 after purchasing an additional 346,113 shares during the period. Hedge funds and other institutional investors own 97.38% of the company’s stock.

Fabrinet Price Performance

Shares of FN stock traded down $11.30 during mid-day trading on Friday, hitting $471.48. The stock had a trading volume of 616,821 shares, compared to its average volume of 1,065,184. The firm has a market cap of $16.89 billion, a PE ratio of 40.50 and a beta of 1.20. The company’s 50-day simple moving average is $615.70 and its 200-day simple moving average is $563.47. Fabrinet has a fifty-two week low of $272.49 and a fifty-two week high of $748.89.

Fabrinet (NYSE:FN – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $3.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 9.94% and a return on equity of 19.83%. The business’s revenue was up 39.3% compared to the same quarter last year. During the same period in the previous year, the business posted $2.52 earnings per share. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. On average, analysts expect 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 business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $711.91, for a total transaction of $1,779,775.00. Following the transaction, the director owned 16,233 shares in the company, valued at approximately $11,556,435.03. The trade was a 13.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

FN has been the topic of several research reports. Rosenblatt Securities raised their price objective on shares of Fabrinet from $715.00 to $750.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Needham & Company LLC reiterated a “buy” rating and set a $800.00 target price on shares of Fabrinet in a research note on Tuesday, May 5th. Northland Securities set a $800.00 price target on Fabrinet in a report on Monday, April 20th. Weiss Ratings cut Fabrinet from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 30th. Finally, JPMorgan Chase & Co. reduced their price objective on Fabrinet from $700.00 to $680.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $661.75.

Read Our Latest Stock Analysis on FN

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.

Swedbank AB Boosts Stake in Fabrinet $FN

Fabrinet Price Performance

Insiders Place Their Bets

Analyst Upgrades and Downgrades

Fabrinet Profile

Further Reading

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