Tredje AP fonden acquired a new position in shares of Mirion Technologies, Inc. (NYSE:MIR – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 280,788 shares of the company’s stock, valued at approximately $6,576,000.
Several other large investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in shares of Mirion Technologies by 25.2% during the third quarter. EverSource Wealth Advisors LLC now owns 2,056 shares of the company’s stock worth $48,000 after purchasing an additional 414 shares in the last quarter. US Bancorp DE increased its position 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 buying an additional 425 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in Mirion Technologies by 4.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 10,567 shares of the company’s stock worth $247,000 after buying an additional 484 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in Mirion Technologies by 1.7% during the third quarter. Oppenheimer & Co. Inc. now owns 32,062 shares of the company’s stock worth $746,000 after acquiring an additional 550 shares in the last quarter. Finally, Xponance Inc. lifted its holdings in Mirion Technologies by 4.2% during the third quarter. Xponance Inc. now owns 17,360 shares of the company’s stock worth $404,000 after acquiring an additional 701 shares in the last quarter. Institutional investors own 78.51% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. The Goldman Sachs Group lowered their price target on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Melius Research raised Mirion Technologies to a “strong-buy” rating in a research note on Monday, March 23rd. Weiss Ratings downgraded Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Morgan Stanley cut their price objective on Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Wednesday, March 11th. Finally, Robert W. Baird decreased their target price on shares of Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Mirion Technologies presently has an average rating of “Moderate Buy” and an average target price of $27.13.
Insider Buying and Selling at Mirion Technologies
In other news, CAO Christopher A. Moore sold 8,400 shares of the 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 completion of the transaction, the chief accounting officer directly owned 22,157 shares in the company, valued at approximately $435,163.48. This represents a 27.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.
Mirion Technologies Price Performance
Shares of NYSE MIR opened at $18.34 on Wednesday. The company has a current ratio of 3.19, a quick ratio of 2.63 and a debt-to-equity ratio of 0.63. Mirion Technologies, Inc. has a 1-year low of $16.43 and a 1-year high of $30.28. The business’s 50 day moving average is $19.25 and its 200-day moving average is $22.69. The firm has a market cap of $4.59 billion, a P/E ratio of 183.42 and a beta of 1.07.
Mirion Technologies (NYSE:MIR – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $257.60 million for 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%.The company’s revenue was up 27.5% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Equities research analysts predict that Mirion Technologies, Inc. will post 0.51 earnings per share for the current 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.
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