Price T Rowe Associates Inc. MD Boosts Stock Position in Mirion Technologies, Inc. (NYSE:MIR)

Price T Rowe Associates Inc. MD grew its holdings in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 13.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,276 shares of the company's stock after purchasing an additional 16,910 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.06% of Mirion Technologies worth $2,448,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of MIR. Vanguard Group Inc. boosted its holdings in shares of Mirion Technologies by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 23,909,802 shares of the company's stock worth $417,226,000 after purchasing an additional 227,178 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Mirion Technologies by 2.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,185,694 shares of the company's stock worth $125,391,000 after buying an additional 171,918 shares during the period. Geode Capital Management LLC boosted its stake in Mirion Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 4,571,828 shares of the company's stock worth $79,796,000 after buying an additional 69,373 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Mirion Technologies by 29,948.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,214,921 shares of the company's stock valued at $73,550,000 after buying an additional 4,200,894 shares during the period. Finally, William Blair Investment Management LLC acquired a new position in shares of Mirion Technologies during the 4th quarter valued at about $53,066,000. 78.51% of the stock is currently owned by institutional investors and hedge funds.

Mirion Technologies Stock Up 2.8%

NYSE:MIR traded up $0.46 during mid-day trading on Monday, hitting $16.84. The company had a trading volume of 175,548 shares, compared to its average volume of 1,683,524. The business has a fifty day simple moving average of $14.61 and a 200-day simple moving average of $15.76. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of -88.63 and a beta of 0.74. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year high of $18.81. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. The firm had revenue of $202.00 million for the quarter, compared to analyst estimates of $199.34 million. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. Mirion Technologies's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.06 EPS. Equities analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MIR shares. Citigroup cut their price target on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. B. Riley reduced their target price on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Finally, Robert W. Baird dropped their price target on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $18.75.

About Mirion Technologies

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.