Mirion Technologies, Inc. $MIR Stake Trimmed by Schwartz Investment Counsel Inc.

Key Points

• Schwartz Investment Counsel reduced its Mirion Technologies stake by 17% in the third quarter, selling 97,750 shares and retaining 476,160 shares valued at approximately $6.7 million. Institutional investors collectively own 78.51% of the company.
• Mirion reported third-quarter EPS of $0.12, matching estimates, while revenue rose 24.5% year over year to $277.8 million and exceeded analyst expectations.
• Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $25.12, despite several recent target-price cuts. Shares opened at $15.33, near their one-year low of $14.04.

Schwartz Investment Counsel Inc. decreased its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 17.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 476,160 shares of the company's stock after selling 97,750 shares during the quarter. Schwartz Investment Counsel Inc. owned about 0.19% of Mirion Technologies worth $6,723,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MIR. Versant Capital Management Inc increased its stake in Mirion Technologies by 42.8% during the third quarter. Versant Capital Management Inc now owns 2,505 shares of the company's stock worth $35,000 after acquiring an additional 751 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Mirion Technologies by 65.1% during the third quarter. GAMMA Investing LLC now owns 2,579 shares of the company's stock valued at $36,000 after buying an additional 1,017 shares during the last quarter. Altshuler Shaham Ltd grew its stake in shares of Mirion Technologies by 12.3% during the first quarter. Altshuler Shaham Ltd now owns 13,147 shares of the company's stock valued at $244,000 after buying an additional 1,443 shares during the last quarter. Swiss National Bank raised its holdings in shares of Mirion Technologies by 0.4% in the first quarter. Swiss National Bank now owns 465,900 shares of the company's stock worth $8,661,000 after buying an additional 1,700 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of Mirion Technologies by 0.4% in the first quarter. Sei Investments Co. now owns 458,359 shares of the company's stock worth $8,521,000 after buying an additional 1,847 shares during the period. Hedge funds and other institutional investors own 78.51% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Citigroup decreased their price target 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. Morgan Stanley cut their price objective on Mirion Technologies from $27.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Monday, July 13th. The Goldman Sachs Group reiterated a "buy" rating and issued a $23.00 target price on shares of Mirion Technologies in a research note on Wednesday, July 29th. B. Riley Financial decreased their target price on Mirion Technologies from $29.00 to $27.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Finally, Jefferies Financial Group assumed coverage on shares of Mirion Technologies in a research note on Thursday, September 3rd. They set a "buy" rating and a $20.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $25.12.

Mirion Technologies Stock Performance

Shares of NYSE:MIR opened at $15.33 on Wednesday. The firm's 50 day simple moving average is $15.53 and its 200-day simple moving average is $18.48. Mirion Technologies, Inc. has a one year low of $14.04 and a one year high of $30.28. The firm has a market cap of $3.82 billion, a PE ratio of 153.26 and a beta of 1.10.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.12. The firm had revenue of $277.80 million during the quarter, compared to analysts' expectations of $275.35 million. During the same quarter in the previous year, the firm posted $0.01 EPS. The firm's revenue for the quarter was up 24.5% on a year-over-year basis. Equities research analysts predict that Mirion Technologies, Inc. will post 0.55 EPS for the current fiscal year.

Key Stories Impacting Mirion Technologies

Here are the key news stories impacting Mirion Technologies this week:

• Positive Sentiment: Mirion reported third-quarter revenue of $277.8 million, exceeding the roughly $275.4 million analyst estimate and increasing 24.5% from the prior-year period. Earnings Flash: Mirion Reports Third-Quarter Revenue Above Estimates
• Positive Sentiment: Nuclear orders reportedly surged 105% during the quarter, signaling strong demand in a key market and supporting the company’s growth outlook. Mirion Technologies Q3 2026: Nuclear Orders Surge
• Positive Sentiment: Management raised its guidance, providing an additional catalyst for the stock by indicating greater confidence in future operating performance. Mirion Announces Third-Quarter 2026 Financial Results
• Neutral Sentiment: Adjusted earnings were $0.12 per share, matching analyst expectations and the year-ago result cited by Zacks. The earnings-line performance was therefore in line rather than a positive surprise, although reported EPS was higher than the prior-year GAAP comparison of $0.01. Mirion Technologies Matches Q3 Earnings Estimates

About Mirion Technologies

Mirion Technologies, Inc develops, manufactures and supplies radiation detection, measurement and analysis technologies. Its products are designed to detect and measure ionizing radiation, monitor exposure and contamination, and support the safe management of radioactive materials and environments.

The company serves a range of end markets, including nuclear power, healthcare, defense and national security, scientific research, industrial operations and laboratories. Its offerings include radiation detectors, dosimetry systems, spectroscopy and monitoring equipment, radiation safety software, and related services.

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