Epoch Investment Partners Inc. Has $170.68 Million Holdings in Fabrinet $FN

Epoch Investment Partners Inc. lessened its position in shares of Fabrinet (NYSE:FN) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 374,887 shares of the technology company’s stock after selling 16,417 shares during the period. Fabrinet makes up approximately 1.0% of Epoch Investment Partners Inc.’s investment portfolio, making the stock its 22nd largest position. Epoch Investment Partners Inc.’s holdings in Fabrinet were worth $170,679,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Core Wealth Advisors LLC bought a new position in shares of Fabrinet during the fourth quarter worth approximately $25,000. Westend Capital Management LLC bought a new stake in Fabrinet in the 4th quarter valued at $29,000. Harbour Investments Inc. boosted its stake in Fabrinet by 75.0% in the 4th quarter. Harbour Investments Inc. now owns 63 shares of the technology company’s stock valued at $29,000 after purchasing an additional 27 shares during the period. Creative Financial Designs Inc. ADV acquired a new position in Fabrinet in the 4th quarter valued at $32,000. Finally, Quarry LP increased its position in Fabrinet by 300.0% during the 4th quarter. Quarry LP now owns 72 shares of the technology company’s stock worth $33,000 after buying an additional 54 shares during the period. Institutional investors and hedge funds own 97.38% of the company’s stock.

Insider Buying and Selling at Fabrinet

In other news, Director Homa Bahrami sold 2,500 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the director owned 16,233 shares of the company’s stock, valued at approximately $11,556,435.03. This represents a 13.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.24% of the company’s stock.

Fabrinet Stock Up 4.5%

Shares of Fabrinet stock opened at $608.68 on Friday. The company has a market capitalization of $21.81 billion, a price-to-earnings ratio of 52.29 and a beta of 1.17. Fabrinet has a 12-month low of $244.24 and a 12-month high of $748.89. The firm’s 50-day moving average price is $658.48 and its two-hundred day moving average price is $552.37.

Fabrinet (NYSE:FN) last issued its earnings results on Monday, May 4th. The technology company reported $3.72 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the previous year, the company earned $2.52 EPS. The business’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. On average, sell-side analysts expect that Fabrinet will post 12.96 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Weiss Ratings downgraded Fabrinet from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Zacks Research raised shares of Fabrinet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. lowered their price target on shares of Fabrinet from $700.00 to $680.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Northland Securities set a $800.00 price target on shares of Fabrinet in a research report on Monday, April 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $800.00 price target on shares of Fabrinet in a research report on Tuesday, May 5th. 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $661.75.

Fabrinet 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.