Mirion Technologies, Inc. $MIR Stock Position Decreased by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. cut its stake in shares of Mirion Technologies, Inc. (NYSE:MIR) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 794,300 shares of the company’s stock after selling 60,000 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in Mirion Technologies were worth $18,603,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MIR. Tudor Investment Corp ET AL boosted its stake in shares of Mirion Technologies by 174,900.0% during the 3rd quarter. Tudor Investment Corp ET AL now owns 17,500,000 shares of the company’s stock worth $407,050,000 after acquiring an additional 17,490,000 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Mirion Technologies by 28.0% in the third quarter. Vanguard Group Inc. now owns 30,418,327 shares of the company’s stock worth $707,530,000 after buying an additional 6,651,735 shares during the period. Two Creeks Capital Management LP acquired a new stake in shares of Mirion Technologies in the third quarter worth $83,707,000. UBS Group AG boosted its position in shares of Mirion Technologies by 181.4% in the third quarter. UBS Group AG now owns 4,796,833 shares of the company’s stock worth $111,574,000 after buying an additional 3,092,136 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Mirion Technologies by 713.2% in the second quarter. Invesco Ltd. now owns 2,617,252 shares of the company’s stock worth $56,349,000 after buying an additional 2,295,414 shares during the period. 78.51% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $19.64, for a total transaction of $164,976.00. Following the transaction, the chief accounting officer directly owned 22,157 shares in the company, valued at $435,163.48. This trade represents a 27.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.20% of the stock is currently owned by company insiders.

Mirion Technologies Price Performance

MIR opened at $18.95 on Wednesday. The stock has a market cap of $4.75 billion, a price-to-earnings ratio of 189.54 and a beta of 1.07. Mirion Technologies, Inc. has a 1 year low of $16.43 and a 1 year high of $30.28. The company has a current ratio of 3.19, a quick ratio of 2.63 and a debt-to-equity ratio of 0.63. The stock has a fifty day moving average price of $19.56 and a 200 day moving average price of $22.94.

Mirion Technologies (NYSE:MIR) last posted its earnings results on Tuesday, April 28th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.The company had revenue of $257.60 million for the quarter, compared to analyst estimates of $244.78 million. During the same period last year, the company earned $0.10 earnings per share. The business’s revenue was up 27.5% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Analysts forecast that Mirion Technologies, Inc. will post 0.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MIR. JPMorgan Chase & Co. decreased their target price on Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Thursday, March 26th. Weiss Ratings cut Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. The Goldman Sachs Group decreased their target price on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Citigroup decreased their target price on Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Finally, Melius Research raised Mirion Technologies to a “strong-buy” rating in a research report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.13.

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.