Natixis Advisors LLC Grows Holdings in Mirion Technologies, Inc. $MIR

Natixis Advisors LLC grew its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR) by 782.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 124,448 shares of the company’s stock after buying an additional 110,352 shares during the quarter. Natixis Advisors LLC’s holdings in Mirion Technologies were worth $2,915,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MIR. Advisory Services Network LLC acquired a new position in Mirion Technologies in the third quarter worth $25,000. EverSource Wealth Advisors LLC boosted its holdings in Mirion Technologies by 470.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $35,000 after purchasing an additional 1,354 shares during the period. Global Retirement Partners LLC boosted its holdings in Mirion Technologies by 78.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,018 shares of the company’s stock worth $47,000 after purchasing an additional 887 shares during the period. GAMMA Investing LLC boosted its holdings in Mirion Technologies by 138.5% in the fourth quarter. GAMMA Investing LLC now owns 2,242 shares of the company’s stock worth $53,000 after purchasing an additional 1,302 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in Mirion Technologies by 68.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,781 shares of the company’s stock worth $65,000 after purchasing an additional 1,130 shares during the period. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Stock Performance

MIR stock opened at $16.98 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.63 and a current ratio of 3.19. The stock has a market capitalization of $4.25 billion, a price-to-earnings ratio of 169.81 and a beta of 1.03. Mirion Technologies, Inc. has a 1 year low of $16.43 and a 1 year high of $30.28. The stock’s fifty day moving average is $18.73 and its two-hundred day moving average is $21.73.

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Robert W. Baird decreased their price objective on shares of Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Citigroup decreased their price objective on shares of Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. decreased their price objective on shares of Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a report on Thursday, March 26th. Finally, Morgan Stanley decreased their price objective on shares of Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mirion Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $27.13.

Insider Transactions at Mirion Technologies

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total value of $164,976.00. Following the sale, the chief accounting officer directly owned 22,157 shares in the company, valued at approximately $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 SEC, which can be accessed through this link. Insiders own 2.20% of the company’s stock.

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.