774,900 Shares in Mirion Technologies, Inc. $MIR Purchased by Ghisallo Capital Management LLC

Ghisallo Capital Management LLC bought a new stake in Mirion Technologies, Inc. (NYSE:MIR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 774,900 shares of the company’s stock, valued at approximately $18,024,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MIR. Royal Bank of Canada lifted its stake in shares of Mirion Technologies by 258.2% in the 1st quarter. Royal Bank of Canada now owns 98,828 shares of the company’s stock worth $1,433,000 after acquiring an additional 71,241 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Mirion Technologies by 124.3% in the first quarter. AQR Capital Management LLC now owns 199,211 shares of the company’s stock valued at $2,889,000 after acquiring an additional 110,399 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Mirion Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company’s stock valued at $1,783,000 after acquiring an additional 5,366 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Mirion Technologies by 8.8% during the first 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 purchasing an additional 34,973 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in Mirion Technologies by 30.9% in the second quarter. Envestnet Asset Management Inc. now owns 232,996 shares of the company’s stock worth $5,016,000 after purchasing an additional 55,028 shares during the period. 78.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MIR shares. JPMorgan Chase & Co. decreased their price target on Mirion Technologies from $33.00 to $30.00 and set an “overweight” rating for the company in a research note on Monday, March 9th. The Goldman Sachs Group cut their price objective on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Evercore began coverage on Mirion Technologies in a research note on Tuesday, November 25th. They set an “outperform” rating and a $29.00 target price for the company. Morgan Stanley lowered their target price on Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, Citigroup dropped their price target on shares of Mirion Technologies from $32.00 to $29.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Mirion Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.63.

Mirion Technologies Stock Down 7.0%

Shares of Mirion Technologies stock opened at $18.64 on Friday. Mirion Technologies, Inc. has a 12-month low of $12.00 and a 12-month high of $30.28. The firm has a market capitalization of $4.67 billion, a PE ratio of 169.49 and a beta of 0.99. The company has a quick ratio of 2.34, a current ratio of 2.83 and a debt-to-equity ratio of 0.62. The stock’s fifty day moving average is $23.55 and its 200-day moving average is $23.97.

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