Voya Investment Management LLC Has $810,000 Stock Holdings in Mirion Technologies, Inc. $MIR

Voya Investment Management LLC decreased its holdings in Mirion Technologies, Inc. (NYSE:MIR) by 7.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 55,838 shares of the company’s stock after selling 4,470 shares during the quarter. Voya Investment Management LLC’s holdings in Mirion Technologies were worth $810,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AlphaQuest LLC grew its holdings in shares of Mirion Technologies by 360,400.0% during the 1st quarter. AlphaQuest LLC now owns 3,605 shares of the company’s stock valued at $52,000 after purchasing an additional 3,604 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Mirion Technologies in the 1st quarter worth approximately $68,000. Smartleaf Asset Management LLC lifted its position in shares of Mirion Technologies by 582.2% in the 1st quarter. Smartleaf Asset Management LLC now owns 5,205 shares of the company’s stock worth $76,000 after purchasing an additional 4,442 shares during the period. CWM LLC lifted its position in shares of Mirion Technologies by 1,026.3% during the 1st quarter. CWM LLC now owns 6,431 shares of the company’s stock valued at $93,000 after acquiring an additional 5,860 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Mirion Technologies by 2,310.3% during the 1st quarter. GAMMA Investing LLC now owns 7,279 shares of the company’s stock valued at $106,000 after acquiring an additional 6,977 shares during the period. Institutional investors and hedge funds own 78.51% of the company’s stock.

Wall Street Analysts Forecast Growth

MIR has been the subject of a number of recent research reports. B. Riley restated a “buy” rating and set a $22.00 price target (up previously from $17.00) on shares of Mirion Technologies in a research note on Wednesday, July 23rd. The Goldman Sachs Group increased their price target on shares of Mirion Technologies from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Citigroup upped their price objective on shares of Mirion Technologies from $23.00 to $24.00 and gave the company a “buy” rating in a report on Monday, July 14th. Northland Securities started coverage on shares of Mirion Technologies in a report on Monday, August 25th. They issued an “outperform” rating and a $26.00 price target on the stock. Finally, Robert W. Baird upped their price objective on shares of Mirion Technologies from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 9th. Two analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $23.80.

Mirion Technologies Price Performance

MIR opened at $21.93 on Thursday. The stock has a 50-day moving average price of $21.72 and a 200-day moving average price of $18.74. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.54 and a quick ratio of 2.01. The firm has a market cap of $5.13 billion, a PE ratio of 730.97 and a beta of 0.82. Mirion Technologies, Inc. has a 1 year low of $10.36 and a 1 year high of $25.16.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Mirion Technologies had a return on equity of 6.57% and a net margin of 1.12%.The company had revenue of $222.90 million during the quarter, compared to the consensus estimate of $216.78 million. During the same period last year, the company earned $0.10 EPS. Mirion Technologies’s revenue for the quarter was up 7.6% on a year-over-year basis. Mirion Technologies has set its FY 2025 guidance at 0.480-0.520 EPS. Sell-side analysts predict that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Insider Buying and Selling at Mirion Technologies

In other news, CEO Thomas D. Logan sold 325,000 shares of Mirion Technologies stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $21.31, for a total transaction of $6,925,750.00. Following the transaction, the chief executive officer directly owned 3,742,305 shares of the company’s stock, valued at $79,748,519.55. The trade was a 7.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.30% of the stock is currently owned by insiders.

Mirion Technologies Company Profile

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.