Mirion Technologies, Inc. $MIR Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Mirion Technologies, Inc. (NYSE:MIR) by 14.4% in the first quarter, Holdings Channel.com reports. The firm owned 4,694,288 shares of the company’s stock after acquiring an additional 591,730 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Mirion Technologies were worth $87,240,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MIR. Royal Bank of Canada lifted its position in 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 buying an additional 71,241 shares in the last quarter. AQR Capital Management LLC grew its holdings in Mirion Technologies by 124.3% in the 1st 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 buying an additional 5,366 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Mirion Technologies by 8.8% in 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 acquiring an additional 34,973 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Mirion Technologies in the 2nd quarter worth $288,000. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Mirion Technologies Trading Down 13.1%

Shares of Mirion Technologies stock opened at $14.59 on Thursday. The stock has a 50 day moving average of $17.21 and a 200 day moving average of $19.84. 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 firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 145.85 and a beta of 1.03. Mirion Technologies, Inc. has a fifty-two week low of $14.11 and a fifty-two week high of $30.28.

Mirion Technologies (NYSE:MIR) last posted its earnings results on Tuesday, July 28th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. Mirion Technologies had a return on equity of 6.57% and a net margin of 2.39%.The company had revenue of $266.80 million for the quarter, compared to the consensus estimate of $269.32 million. During the same quarter in the previous year, the business earned $0.11 earnings per share. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, research analysts predict that Mirion Technologies, Inc. will post 0.53 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on MIR. Morgan Stanley reduced their price target on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, July 13th. Weiss Ratings lowered shares of Mirion Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, July 20th. Citigroup cut their price objective on shares of 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, The Goldman Sachs Group reaffirmed a “buy” rating and set a $23.00 target price on shares of Mirion Technologies in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $26.71.

Insider Buying and Selling at Mirion Technologies

In related 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 completion of the sale, the chief accounting officer directly owned 22,157 shares of the company’s stock, valued at approximately $435,163.48. This trade represents a 27.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.30% of the company’s stock.

About Mirion Technologies

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.