Troluce Capital Advisors LLC Sells 460,788 Shares of Mirion Technologies, Inc. $MIR

Troluce Capital Advisors LLC reduced its position in Mirion Technologies, Inc. (NYSE:MIR) by 23.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,539,212 shares of the company’s stock after selling 460,788 shares during the quarter. Mirion Technologies comprises about 2.8% of Troluce Capital Advisors LLC’s portfolio, making the stock its 4th largest position. Troluce Capital Advisors LLC owned about 0.62% of Mirion Technologies worth $27,598,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MIR. Stephens Investment Management Group LLC bought a new position in Mirion Technologies in the fourth quarter valued at approximately $18,969,000. Tredje AP fonden bought a new stake in Mirion Technologies during the fourth quarter worth $6,576,000. First National Advisers LLC acquired a new stake in shares of Mirion Technologies in the 4th quarter valued at $2,604,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Mirion Technologies by 17.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,139,037 shares of the company’s stock valued at $26,676,000 after purchasing an additional 167,454 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Mirion Technologies by 3.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,248,506 shares of the company’s stock valued at $122,920,000 after purchasing an additional 193,914 shares during the last quarter. 78.51% of the stock is currently owned by institutional investors and hedge funds.

Mirion Technologies Stock Up 1.3%

Shares of MIR opened at $16.97 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.63 and a current ratio of 3.20. Mirion Technologies, Inc. has a 52 week low of $14.11 and a 52 week high of $30.28. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 169.70 and a beta of 1.05. The stock has a fifty day moving average of $15.95 and a 200-day moving average of $18.04.

Mirion Technologies (NYSE:MIR) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. Mirion Technologies had a return on equity of 6.59% and a net margin of 2.39%.The business had revenue of $266.80 million for the quarter, compared to analyst estimates of $269.32 million. During the same quarter in the previous year, the company posted $0.11 EPS. Mirion Technologies’s quarterly revenue was up 19.7% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MIR shares. B. Riley Financial lowered their price target on Mirion Technologies from $29.00 to $27.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Morgan Stanley decreased their target price on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, July 13th. Jefferies Financial Group assumed coverage on Mirion Technologies in a research note on Thursday. They set a “buy” rating and a $20.00 target price for the company. Weiss Ratings raised shares of Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Finally, Citigroup reduced their price target on shares of Mirion Technologies from $28.00 to $24.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $25.56.

About Mirion Technologies

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.