956,160 Shares in Mirion Technologies, Inc. $MIR Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board bought a new stake in Mirion Technologies, Inc. (NYSE:MIR) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 956,160 shares of the company’s stock, valued at approximately $22,240,000. Public Sector Pension Investment Board owned approximately 0.41% of Mirion Technologies at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wolff Wiese Magana LLC acquired a new position in shares of Mirion Technologies in the third quarter valued at approximately $26,000. Salomon & Ludwin LLC purchased a new stake in Mirion Technologies in the 3rd quarter worth approximately $30,000. Fortress Investment Group LLC acquired a new position in Mirion Technologies in the 2nd quarter valued at $32,000. EverSource Wealth Advisors LLC lifted its stake in shares of Mirion Technologies by 470.1% during the 2nd 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. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Mirion Technologies by 96.5% during the third quarter. Farther Finance Advisors LLC now owns 1,651 shares of the company’s stock worth $38,000 after purchasing an additional 811 shares during the last quarter. 78.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Mirion Technologies

In other news, Director Lawrence D. Kingsley sold 350,000 shares of Mirion Technologies stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.73, for a total transaction of $8,655,500.00. Following the sale, the director owned 3,509,075 shares in the company, valued at $86,779,424.75. This trade represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on MIR shares. The Goldman Sachs Group reduced their target price on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. increased their price objective on shares of Mirion Technologies from $28.00 to $34.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Morgan Stanley assumed coverage on shares of Mirion Technologies in a research report on Friday, January 23rd. They issued an “equal weight” rating and a $29.00 target price on the stock. Evercore started coverage on Mirion Technologies in a report on Tuesday, November 25th. They set an “outperform” rating and a $29.00 price objective for the company. Finally, Citigroup reduced their target price on Mirion Technologies from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Thursday. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $28.38.

Mirion Technologies Stock Up 4.9%

Shares of NYSE MIR opened at $22.54 on Friday. The stock has a fifty day moving average price of $24.68 and a 200 day moving average price of $23.94. The company has a current ratio of 2.84, a quick ratio of 4.32 and a debt-to-equity ratio of 0.62. Mirion Technologies, Inc. has a 12-month low of $12.00 and a 12-month high of $30.28. The company has a market cap of $5.72 billion, a P/E ratio of 204.89 and a beta of 0.97.

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

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.