Tudor Investment Corp ET AL Has $407.05 Million Stock Holdings in Mirion Technologies, Inc. $MIR

Tudor Investment Corp ET AL grew its stake in shares of Mirion Technologies, Inc. (NYSE:MIR) by 174,900.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 17,500,000 shares of the company’s stock after acquiring an additional 17,490,000 shares during the quarter. Mirion Technologies makes up about 0.3% of Tudor Investment Corp ET AL’s portfolio, making the stock its 22nd biggest position. Tudor Investment Corp ET AL owned about 0.07% of Mirion Technologies worth $407,050,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Advisory Services Network LLC acquired a new stake in Mirion Technologies during the 3rd quarter worth about $25,000. Wolff Wiese Magana LLC purchased a new position in shares of Mirion Technologies in the third quarter worth approximately $26,000. Salomon & Ludwin LLC acquired a new stake in shares of Mirion Technologies during the third quarter valued at approximately $30,000. Fortress Investment Group LLC purchased a new stake in shares of Mirion Technologies in the 2nd quarter valued at approximately $32,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Mirion Technologies by 470.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $35,000 after purchasing an additional 1,354 shares during the period. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Mirion Technologies Stock Performance

Shares of NYSE MIR opened at $19.48 on Thursday. The business’s 50-day moving average price is $23.21 and its two-hundred day moving average price is $23.96. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.83 and a quick ratio of 2.34. Mirion Technologies, Inc. has a one year low of $12.00 and a one year high of $30.28. The company has a market capitalization of $4.88 billion, a P/E ratio of 177.13 and a beta of 0.99.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The firm had revenue of $277.40 million for the quarter, compared to analysts’ expectations of $281.17 million. Mirion Technologies had a return on equity of 6.97% and a net margin of 3.11%.The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the business earned $0.17 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. Analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on MIR shares. Citigroup cut their target price on shares of Mirion Technologies from $32.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Evercore assumed coverage on Mirion Technologies in a research note on Tuesday, November 25th. They set an “outperform” rating and a $29.00 target price on the stock. JPMorgan Chase & Co. reduced their price target on shares of Mirion Technologies from $33.00 to $30.00 and set an “overweight” rating for the company in a research report on Monday, March 9th. The Goldman Sachs Group decreased their price target on shares of Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Finally, Morgan Stanley lowered their price objective on shares of Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 11th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.63.

Mirion Technologies Profile

Mirion Technologies Inc (NYSE: MIR) is a leading global provider of radiation detection, measurement and monitoring solutions. The company’s portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion’s product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.