Police & Firemen s Retirement System of New Jersey Has $1.03 Million Holdings in Mirion Technologies, Inc. $MIR

Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR) by 8.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,951 shares of the company’s stock after purchasing an additional 3,843 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Mirion Technologies were worth $1,032,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MIR. T. Rowe Price Investment Management Inc. grew its position in Mirion Technologies by 1.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 20,710,389 shares of the company’s stock worth $300,301,000 after buying an additional 322,243 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Mirion Technologies by 2.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,363,954 shares of the company’s stock valued at $106,779,000 after acquiring an additional 178,260 shares during the period. Alyeska Investment Group L.P. grew its holdings in shares of Mirion Technologies by 10.3% during the 1st quarter. Alyeska Investment Group L.P. now owns 4,150,262 shares of the company’s stock worth $60,179,000 after purchasing an additional 388,947 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Mirion Technologies by 43.9% during the 1st quarter. American Century Companies Inc. now owns 3,432,814 shares of the company’s stock worth $49,776,000 after purchasing an additional 1,047,781 shares in the last quarter. Finally, Lord Abbett & CO. LLC increased its position in shares of Mirion Technologies by 1.3% in the first quarter. Lord Abbett & CO. LLC now owns 2,399,864 shares of the company’s stock worth $34,798,000 after purchasing an additional 31,130 shares during the period. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Trading Up 5.5%

Shares of Mirion Technologies stock opened at $23.82 on Friday. The firm’s 50 day moving average is $24.76 and its 200 day moving average is $21.83. The firm has a market capitalization of $6.05 billion, a PE ratio of 216.57 and a beta of 0.88. Mirion Technologies, Inc. has a 1 year low of $12.00 and a 1 year high of $30.28. The company has a current ratio of 4.83, a quick ratio of 4.32 and a debt-to-equity ratio of 0.63.

Mirion Technologies (NYSE:MIR) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.10 by $0.02. The business had revenue of $223.10 million during the quarter, compared to the consensus estimate of $222.17 million. Mirion Technologies had a net margin of 2.93% and a return on equity of 7.09%. The firm’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.08 EPS. Mirion Technologies has set its FY 2025 guidance at 0.480-0.520 EPS. Equities research analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on MIR shares. Robert W. Baird upped their price objective on shares of Mirion Technologies from $23.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. The Goldman Sachs Group boosted their target price on shares of Mirion Technologies from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mirion Technologies in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Mirion Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Northland Capmk upgraded shares of Mirion Technologies to a “strong-buy” rating in a research report on Sunday, August 24th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Mirion Technologies currently has a consensus rating of “Buy” and a consensus price target of $28.50.

Insider Buying and Selling at Mirion Technologies

In related news, Director Lawrence D. Kingsley sold 300,000 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $23.83, for a total transaction of $7,149,000.00. Following the sale, the director owned 3,900,000 shares in the company, valued at $92,937,000. The trade was a 7.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 6.30% of the stock is currently owned by company insiders.

Mirion Technologies Company Profile

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.