Mirion Technologies, Inc. $MIR Shares Bought by Tema ETFs LLC

Tema ETFs LLC raised its position in Mirion Technologies, Inc. (NYSE:MIR) by 45.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 226,408 shares of the company’s stock after buying an additional 70,668 shares during the quarter. Tema ETFs LLC’s holdings in Mirion Technologies were worth $4,059,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. US Bancorp DE raised its position in Mirion Technologies by 6.6% in the 3rd quarter. US Bancorp DE now owns 6,874 shares of the company’s stock valued at $160,000 after purchasing an additional 425 shares during the last quarter. Kennedy Capital Management LLC grew its position in Mirion Technologies by 0.4% during the 4th quarter. Kennedy Capital Management LLC now owns 125,076 shares of the company’s stock worth $2,929,000 after purchasing an additional 505 shares during the last quarter. Altshuler Shaham Ltd increased its stake in Mirion Technologies by 5.1% in the fourth quarter. Altshuler Shaham Ltd now owns 11,704 shares of the company’s stock valued at $274,000 after purchasing an additional 563 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in shares of Mirion Technologies by 58.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock valued at $40,000 after buying an additional 631 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Mirion Technologies by 175.4% in the fourth quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock valued at $31,000 after buying an additional 856 shares during the last quarter. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Mirion Technologies Trading Down 0.3%

Shares of Mirion Technologies stock opened at $15.23 on Thursday. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 152.30 and a beta of 1.05. Mirion Technologies, Inc. has a 52-week low of $14.11 and a 52-week high of $30.28. The company’s 50-day simple moving average is $16.71 and its 200-day simple moving average is $19.04. The company has a quick ratio of 2.63, a current ratio of 3.20 and a debt-to-equity ratio of 0.64.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings data 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 net margin of 2.39% and a return on equity of 6.59%. The firm had revenue of $266.80 million during the quarter, compared to the consensus estimate of $269.32 million. During the same quarter last year, the firm earned $0.11 earnings per share. The firm’s revenue 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. As a group, equities research analysts anticipate that Mirion Technologies, Inc. will post 0.54 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. The Goldman Sachs Group reissued a “buy” rating and set a $23.00 price target on shares of Mirion Technologies in a report on Wednesday, July 29th. Citigroup reduced their price objective on Mirion Technologies from $28.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Weiss Ratings raised Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Morgan Stanley dropped their target price 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. Finally, B. Riley Financial cut their price target on Mirion Technologies from $29.00 to $27.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.25.

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.