Mirion Technologies, Inc. $MIR Shares Purchased by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC raised its stake in Mirion Technologies, Inc. (NYSE:MIR) by 69.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,374,876 shares of the company’s stock after acquiring an additional 564,933 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Mirion Technologies were worth $25,559,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MIR. US Bancorp DE lifted its stake in shares of Mirion Technologies by 6.6% in the 3rd quarter. US Bancorp DE now owns 6,874 shares of the company’s stock valued at $160,000 after purchasing an additional 425 shares during the period. Stratos Wealth Partners LTD. grew its position in Mirion Technologies by 4.8% during the fourth quarter. Stratos Wealth Partners LTD. now owns 10,567 shares of the company’s stock valued at $247,000 after buying an additional 484 shares during the period. Kennedy Capital Management LLC grew its position in Mirion Technologies by 0.4% during the fourth quarter. Kennedy Capital Management LLC now owns 125,076 shares of the company’s stock valued at $2,929,000 after buying an additional 505 shares during the period. Altshuler Shaham Ltd increased its holdings in Mirion Technologies by 5.1% in the fourth quarter. Altshuler Shaham Ltd now owns 11,704 shares of the company’s stock valued at $274,000 after buying an additional 563 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of Mirion Technologies by 58.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock worth $40,000 after acquiring an additional 631 shares during the period. Institutional investors and hedge funds own 78.51% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on MIR. Robert W. Baird lowered 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 note on Monday, March 30th. JPMorgan Chase & Co. reduced their price target on Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a report on Thursday, March 26th. Morgan Stanley lowered their price target on 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. Citigroup dropped their price objective on Mirion Technologies from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Weiss Ratings cut Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $27.12.

Insiders Place Their Bets

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total value of $164,976.00. Following the transaction, the chief accounting officer owned 22,157 shares in the company, valued at approximately $435,163.48. This trade represents a 27.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.20% of the company’s stock.

Mirion Technologies Stock Down 0.1%

MIR opened at $17.37 on Monday. The company has a market cap of $4.35 billion, a PE ratio of 173.70 and a beta of 1.03. Mirion Technologies, Inc. has a twelve month low of $15.58 and a twelve month high of $30.28. The company has a 50-day moving average price of $18.18 and a 200 day moving average price of $20.79. 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 (NYSE:MIR) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. The company had revenue of $257.60 million during the quarter, compared to analyst estimates of $244.78 million. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.Mirion Technologies’s quarterly revenue was up 27.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.10 EPS. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Sell-side analysts expect that Mirion Technologies, Inc. will post 0.51 earnings per share for the current fiscal year.

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.