First National Advisers LLC bought a new position in shares of Mirion Technologies, Inc. (NYSE:MIR – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 111,199 shares of the company’s stock, valued at approximately $2,604,000.
A number of other hedge funds have also recently bought and sold shares of MIR. Advisory Services Network LLC acquired a new stake in Mirion Technologies during the third quarter worth approximately $25,000. Wolff Wiese Magana LLC acquired a new stake in shares of Mirion Technologies in the third quarter worth approximately $26,000. EverSource Wealth Advisors LLC boosted its position in shares of Mirion Technologies by 470.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $35,000 after acquiring an additional 1,354 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Mirion Technologies by 96.5% in the third quarter. Farther Finance Advisors LLC now owns 1,651 shares of the company’s stock worth $38,000 after acquiring an additional 811 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Mirion Technologies by 138.5% in the fourth quarter. GAMMA Investing LLC now owns 2,242 shares of the company’s stock worth $53,000 after acquiring an additional 1,302 shares during the last quarter. Institutional investors and hedge funds own 78.51% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on MIR. Weiss Ratings cut shares of Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Robert W. Baird decreased their target price on shares of Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Citigroup decreased their target price on shares of Mirion Technologies from $29.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. JPMorgan Chase & Co. decreased their target price on shares of Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating on the stock in a research report on Thursday, March 26th. Finally, The Goldman Sachs Group decreased their target price on shares of Mirion Technologies from $33.00 to $29.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $27.13.
Mirion Technologies Trading Down 2.9%
Shares of MIR stock opened at $18.45 on Tuesday. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 184.45 and a beta of 1.07. The company has a quick ratio of 2.63, a current ratio of 3.19 and a debt-to-equity ratio of 0.63. Mirion Technologies, Inc. has a fifty-two week low of $16.43 and a fifty-two week high of $30.28. The firm’s 50 day moving average price is $19.61 and its two-hundred day moving average price is $22.97.
Mirion Technologies (NYSE:MIR – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $257.60 million for the quarter, compared to analysts’ expectations of $244.78 million. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. Mirion Technologies’s revenue was up 27.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, analysts anticipate that Mirion Technologies, Inc. will post 0.51 EPS for the current year.
Insiders Place Their Bets
In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of Mirion Technologies stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $19.64, for a total transaction of $164,976.00. Following the transaction, the chief accounting officer directly owned 22,157 shares of the company’s stock, valued at $435,163.48. The trade was a 27.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 6.30% of the stock is currently owned by company insiders.
Mirion Technologies Company 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.
See Also
- Five stocks we like better than Mirion Technologies
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Want to see what other hedge funds are holding MIR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mirion Technologies, Inc. (NYSE:MIR – Free Report).
Receive News & Ratings for Mirion Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mirion Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
