Woodmont Investment Counsel LLC Buys 138,409 Shares of Mirion Technologies, Inc. $MIR

Woodmont Investment Counsel LLC purchased a new stake in Mirion Technologies, Inc. (NYSE:MIR) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 138,409 shares of the company’s stock, valued at approximately $1,954,000. Woodmont Investment Counsel LLC owned 0.06% of Mirion Technologies as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc boosted its position in shares of Mirion Technologies by 42.8% during the 3rd quarter. Versant Capital Management Inc now owns 2,505 shares of the company’s stock valued at $35,000 after acquiring an additional 751 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Mirion Technologies by 65.1% during the 3rd quarter. GAMMA Investing LLC now owns 2,579 shares of the company’s stock valued at $36,000 after acquiring an additional 1,017 shares during the period. Altshuler Shaham Ltd grew its holdings in shares of Mirion Technologies by 12.3% in the first quarter. Altshuler Shaham Ltd now owns 13,147 shares of the company’s stock valued at $244,000 after purchasing an additional 1,443 shares in the last quarter. Pinnacle Wealth Planning Services Inc. grew its stake in shares of Mirion Technologies by 30.7% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 7,096 shares of the company’s stock worth $100,000 after acquiring an additional 1,667 shares in the last quarter. Finally, Swiss National Bank increased its holdings in Mirion Technologies by 0.4% during the 1st quarter. Swiss National Bank now owns 465,900 shares of the company’s stock worth $8,661,000 after purchasing an additional 1,700 shares during the period. 78.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on MIR shares. Weiss Ratings downgraded Mirion Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday. B. Riley Financial reiterated a “buy” rating and set a $25.00 price target (down from $27.00) on shares of Mirion Technologies in a research note on Thursday. The Goldman Sachs Group reiterated a “buy” rating and set a $23.00 price target on shares of Mirion Technologies in a research report on Wednesday, July 29th. Morgan Stanley lowered their target price on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, July 13th. Finally, Jefferies Financial Group started coverage on Mirion Technologies in a research report on Thursday, September 3rd. They issued a “buy” rating and a $20.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $24.88.

Mirion Technologies Stock Performance

MIR opened at $18.32 on Monday. The business has a 50 day moving average price of $15.68 and a two-hundred day moving average price of $18.36. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of 152.68 and a beta of 1.07. Mirion Technologies, Inc. has a 1-year low of $14.04 and a 1-year high of $29.83. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.02 and a quick ratio of 2.49.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.12. Mirion Technologies had a return on equity of 6.82% and a net margin of 2.69%. The company had revenue of $277.80 million for the quarter, compared to analysts’ expectations of $275.35 million. During the same quarter in the prior year, the company earned $0.01 earnings per share. The firm’s revenue was up 24.5% on a year-over-year basis. Research analysts predict that Mirion Technologies, Inc. will post 0.54 EPS for the current fiscal year.

Mirion Technologies Company Profile

Mirion Technologies, Inc develops, manufactures and supplies radiation detection, measurement and analysis technologies. Its products are designed to detect and measure ionizing radiation, monitor exposure and contamination, and support the safe management of radioactive materials and environments.

The company serves a range of end markets, including nuclear power, healthcare, defense and national security, scientific research, industrial operations and laboratories. Its offerings include radiation detectors, dosimetry systems, spectroscopy and monitoring equipment, radiation safety software, and related services.