Poehling Capital Management INC. Takes $401,000 Position in Fabrinet $FN

Poehling Capital Management INC. acquired a new stake in Fabrinet (NYSE:FN) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 880 shares of the technology company’s stock, valued at approximately $401,000.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Fabrinet by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 4,135,345 shares of the technology company’s stock valued at $1,507,829,000 after buying an additional 59,002 shares during the last quarter. Wasatch Advisors LP boosted 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 buying an additional 553,196 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Fabrinet by 33.3% in the 3rd quarter. Invesco Ltd. now owns 681,850 shares of the technology company’s stock valued at $248,616,000 after buying an additional 170,297 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Fabrinet by 1.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 646,333 shares of the technology company’s stock valued at $235,666,000 after buying an additional 10,621 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of Fabrinet by 226.1% in the 3rd 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. Institutional investors and hedge funds own 97.38% of the company’s stock.

Fabrinet Price Performance

Shares of Fabrinet stock opened at $676.01 on Wednesday. The business has a fifty day simple moving average of $613.40 and a two-hundred day simple moving average of $524.79. Fabrinet has a 1 year low of $222.66 and a 1 year high of $748.89. The company has a market capitalization of $24.22 billion, a price-to-earnings ratio of 58.08 and a beta of 1.22.

Fabrinet (NYSE:FN) last announced its quarterly earnings results on Monday, May 4th. The technology company reported $3.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.14. Fabrinet had a return on equity of 19.83% and a net margin of 9.94%.The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the firm posted $2.52 EPS. The company’s quarterly revenue was up 39.3% on a year-over-year basis. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. As a group, equities analysts anticipate that Fabrinet will post 12.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FN has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on Fabrinet from $700.00 to $680.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Fox Advisors downgraded Fabrinet from a “strong-buy” rating to an “equal weight” rating in a report on Tuesday, May 5th. Wolfe Research raised Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 price objective for the company in a report on Wednesday, February 4th. B. Riley Financial raised their price target on Fabrinet from $366.00 to $452.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Finally, Susquehanna raised their price target on Fabrinet from $550.00 to $570.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $661.75.

About Fabrinet

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.