Mirion Technologies, Inc. (NYSE:MIR) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its position in Mirion Technologies, Inc. (NYSE:MIR) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,909,802 shares of the company’s stock after buying an additional 227,178 shares during the period. Vanguard Group Inc. owned 10.29% of Mirion Technologies worth $417,226,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MIR. William Blair Investment Management LLC purchased a new position in Mirion Technologies in the fourth quarter worth approximately $53,066,000. Artemis Investment Management LLP acquired a new position in shares of Mirion Technologies in the 4th quarter valued at $38,155,000. Raymond James Financial Inc. purchased a new position in shares of Mirion Technologies during the 4th quarter worth $17,164,000. Allspring Global Investments Holdings LLC increased its position in shares of Mirion Technologies by 1,532.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company’s stock worth $8,810,000 after purchasing an additional 488,790 shares during the last quarter. Finally, Portolan Capital Management LLC purchased a new stake in Mirion Technologies in the 3rd quarter valued at about $2,623,000. Institutional investors and hedge funds own 78.51% of the company’s stock.

Mirion Technologies Price Performance

Mirion Technologies stock opened at $15.05 on Thursday. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43. Mirion Technologies, Inc. has a 52-week low of $9.11 and a 52-week high of $18.81. The firm has a market cap of $3.50 billion, a PE ratio of -79.21 and a beta of 0.74. The company’s 50 day moving average is $15.43 and its two-hundred day moving average is $15.25.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. On average, research analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Baird R W upgraded shares of Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. Citigroup lifted their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Robert W. Baird initiated coverage on Mirion Technologies in a research note on Thursday, December 19th. They set an “outperform” rating and a $22.00 price target on the stock. Finally, The Goldman Sachs Group lifted their price objective on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Three equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Mirion Technologies currently has an average rating of “Buy” and an average target price of $19.25.

About Mirion Technologies

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.