Mirion Technologies, Inc. $MIR Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its stake in Mirion Technologies, Inc. (NYSE:MIR) by 81.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,030,230 shares of the company’s stock after acquiring an additional 462,643 shares during the period. Allspring Global Investments Holdings LLC owned 0.41% of Mirion Technologies worth $24,550,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in MIR. Royal Bank of Canada raised its stake in shares of Mirion Technologies by 258.2% in the 1st quarter. Royal Bank of Canada now owns 98,828 shares of the company’s stock valued at $1,433,000 after purchasing an additional 71,241 shares in the last quarter. AQR Capital Management LLC increased its holdings 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 buying an additional 110,399 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Mirion Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company’s stock valued at $1,783,000 after buying an additional 5,366 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings 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 buying an additional 34,973 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in shares of Mirion Technologies in the 2nd quarter worth approximately $288,000. 78.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MIR has been the subject of several recent research reports. Morgan Stanley lowered their target price on shares of Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 11th. JPMorgan Chase & Co. lowered their price objective on shares of Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Thursday, March 26th. The Goldman Sachs Group dropped their price objective on shares of Mirion Technologies from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Citigroup decreased their target price on Mirion Technologies from $32.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Finally, Robert W. Baird lowered their target price on Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mirion Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.25.

Mirion Technologies Stock Performance

MIR opened at $19.03 on Friday. The firm has a market cap of $4.77 billion, a PE ratio of 172.98 and a beta of 1.09. The company has a quick ratio of 2.34, a current ratio of 2.83 and a debt-to-equity ratio of 0.62. The business has a fifty day simple moving average of $21.38 and a 200-day simple moving average of $23.69. Mirion Technologies, Inc. has a fifty-two week low of $12.00 and a fifty-two week high of $30.28.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Tuesday, February 10th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Mirion Technologies had a return on equity of 6.97% and a net margin of 3.11%.The company had revenue of $277.40 million for the quarter, compared to analyst estimates of $281.17 million. During the same period last year, the firm earned $0.17 earnings per share. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. As a group, equities analysts predict that Mirion Technologies, Inc. will post 0.39 EPS 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.