B. Metzler seel. Sohn & Co. AG Acquires Shares of 144,834 Mirion Technologies, Inc. $MIR

B. Metzler seel. Sohn & Co. AG acquired a new position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 144,834 shares of the company's stock, valued at approximately $2,597,000. B. Metzler seel. Sohn & Co. AG owned 0.06% of Mirion Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Advisory Services Network LLC purchased a new position in shares of Mirion Technologies in the 3rd quarter valued at about $25,000. UMB Bank n.a. raised its position in Mirion Technologies by 175.4% during the fourth quarter. UMB Bank n.a. now owns 1,344 shares of the company's stock worth $31,000 after acquiring an additional 856 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Mirion Technologies by 470.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company's stock worth $35,000 after acquiring an additional 1,354 shares during the last quarter. Steward Partners Investment Advisory LLC lifted 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 purchasing an additional 631 shares in the last quarter. Finally, Global Retirement Partners LLC grew its position in shares of Mirion Technologies by 78.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,018 shares of the company's stock valued at $47,000 after purchasing an additional 887 shares during the last quarter. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Mirion Technologies Price Performance

Shares of NYSE:MIR opened at $16.97 on Friday. The company has a market cap of $4.23 billion, a PE ratio of 169.70 and a beta of 1.05. Mirion Technologies, Inc. has a fifty-two week low of $14.11 and a fifty-two week high of $30.28. The firm has a 50-day simple moving average of $15.95 and a 200 day simple moving average of $18.04. 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 - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. The firm had revenue of $266.80 million for the quarter, compared to analyst estimates of $269.32 million. Mirion Technologies had a return on equity of 6.59% and a net margin of 2.39%.The firm's revenue for the quarter was up 19.7% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.54 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Citigroup reduced their target price on shares of Mirion Technologies from $28.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Weiss Ratings raised shares of Mirion Technologies from a "sell (d)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Morgan Stanley reduced their price objective on shares of 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. B. Riley Financial decreased their target price on shares of Mirion Technologies from $29.00 to $27.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $23.00 price target on shares of Mirion Technologies in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $25.56.

Mirion Technologies Company 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.

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