First Trust Advisors LP Has $2.73 Million Position in Mirion Technologies, Inc. $MIR

First Trust Advisors LP cut its position in Mirion Technologies, Inc. (NYSE:MIR) by 57.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 146,993 shares of the company’s stock after selling 201,111 shares during the quarter. First Trust Advisors LP owned 0.06% of Mirion Technologies worth $2,733,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MIR. US Bancorp DE raised its holdings in Mirion Technologies by 6.6% during the 3rd quarter. US Bancorp DE now owns 6,874 shares of the company’s stock worth $160,000 after purchasing an additional 425 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of Mirion Technologies by 4.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 10,567 shares of the company’s stock valued at $247,000 after purchasing an additional 484 shares during the last quarter. Kennedy Capital Management LLC boosted its stake in shares of Mirion Technologies by 0.4% in the 4th quarter. Kennedy Capital Management LLC now owns 125,076 shares of the company’s stock valued at $2,929,000 after purchasing an additional 505 shares during the last quarter. Altshuler Shaham Ltd increased its position in shares of Mirion Technologies by 5.1% during the fourth quarter. Altshuler Shaham Ltd now owns 11,704 shares of the company’s stock worth $274,000 after buying an additional 563 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Mirion Technologies by 58.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock worth $40,000 after buying an additional 631 shares during the period. 78.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on MIR. Weiss Ratings upgraded shares of Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a report on Monday. Citigroup decreased their price target on Mirion Technologies from $28.00 to $24.00 and set a “buy” rating for the company in a report on Thursday, July 30th. The Goldman Sachs Group reissued a “buy” rating and issued a $23.00 price objective on shares of Mirion Technologies in a research report on Wednesday, July 29th. B. Riley Financial dropped their price objective on Mirion Technologies from $29.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Finally, Morgan Stanley dropped their price objective on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $26.25.

Mirion Technologies Price Performance

Shares of NYSE MIR opened at $15.68 on Friday. The firm has a market capitalization of $3.93 billion, a P/E ratio of 156.81 and a beta of 1.05. The firm’s 50-day moving average price is $16.88 and its 200-day moving average price is $19.34. The company has a current ratio of 3.20, a quick ratio of 2.63 and a debt-to-equity ratio of 0.64. Mirion Technologies, Inc. has a 1-year low of $14.11 and a 1-year high of $30.28.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, July 28th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.10 by $0.02. Mirion Technologies had a return on equity of 6.59% and a net margin of 2.39%.The company had revenue of $266.80 million during the quarter, compared to the consensus estimate of $269.32 million. During the same period last year, the business posted $0.11 EPS. The firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Equities research analysts anticipate that Mirion Technologies, Inc. will post 0.54 earnings per share 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.