Mirion Technologies, Inc. $MIR Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. grew its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 12.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,082,626 shares of the company’s stock after buying an additional 123,952 shares during the quarter. Victory Capital Management Inc. owned 0.43% of Mirion Technologies worth $25,182,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Royal Bank of Canada increased its stake in shares of Mirion Technologies by 258.2% during the first quarter. Royal Bank of Canada now owns 98,828 shares of the company’s stock worth $1,433,000 after acquiring an additional 71,241 shares during the period. AQR Capital Management LLC lifted its position in Mirion Technologies by 124.3% in the first quarter. AQR Capital Management LLC now owns 199,211 shares of the company’s stock valued at $2,889,000 after purchasing an additional 110,399 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Mirion Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company’s stock valued at $1,783,000 after purchasing an additional 5,366 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Mirion Technologies by 8.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 434,583 shares of the company’s stock worth $6,301,000 after purchasing an additional 34,973 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Mirion Technologies by 30.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 232,996 shares of the company’s stock worth $5,016,000 after buying an additional 55,028 shares in the last quarter. Institutional investors and hedge funds own 78.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on MIR shares. The Goldman Sachs Group reduced 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. Morgan Stanley began coverage on Mirion Technologies in a research report on Friday, January 23rd. They issued an “equal weight” rating and a $29.00 price objective for the company. JPMorgan Chase & Co. decreased their target price on shares of Mirion Technologies from $33.00 to $30.00 and set an “overweight” rating on the stock in a research report on Monday. Citigroup lowered their price target on shares of Mirion Technologies from $32.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Finally, Evercore assumed coverage on shares of Mirion Technologies in a report on Tuesday, November 25th. They issued an “outperform” rating and a $29.00 price target for the company. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Mirion Technologies has an average rating of “Moderate Buy” and a consensus price target of $27.88.

Insider Buying and Selling at Mirion Technologies

In other news, Director Lawrence D. Kingsley sold 350,000 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.73, for a total value of $8,655,500.00. Following the sale, the director directly owned 3,509,075 shares in the company, valued at $86,779,424.75. This represents a 9.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is currently owned by company insiders.

Mirion Technologies Stock Performance

NYSE MIR opened at $21.47 on Tuesday. The business has a 50 day moving average price of $23.81 and a 200 day moving average price of $24.02. The company has a market capitalization of $5.38 billion, a P/E ratio of 195.21 and a beta of 0.99. Mirion Technologies, Inc. has a 1-year low of $12.00 and a 1-year high of $30.28. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.83 and a quick ratio of 2.34.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.01). The business had revenue of $277.40 million during the quarter, compared to analysts’ expectations of $281.17 million. Mirion Technologies had a return on equity of 6.97% and a net margin of 3.11%.Mirion Technologies’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.17 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. Sell-side analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Mirion Technologies Company 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.