Lisanti Capital Growth LLC Acquires 89,565 Shares of Mirion Technologies, Inc. $MIR

Lisanti Capital Growth LLC grew its holdings in Mirion Technologies, Inc. (NYSE:MIR) by 133.3% in the 4th quarter, Holdings Channel reports. The fund owned 156,740 shares of the company’s stock after purchasing an additional 89,565 shares during the quarter. Lisanti Capital Growth LLC’s holdings in Mirion Technologies were worth $3,671,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Legato Capital Management LLC boosted its position in shares of Mirion Technologies by 47.0% in the fourth quarter. Legato Capital Management LLC now owns 276,501 shares of the company’s stock valued at $6,476,000 after acquiring an additional 88,464 shares during the period. Global Retirement Partners LLC boosted 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 acquiring an additional 887 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Mirion Technologies by 43.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 18,264 shares of the company’s stock valued at $428,000 after acquiring an additional 5,536 shares during the period. Tredje AP fonden bought a new stake in shares of Mirion Technologies in the fourth quarter valued at approximately $6,576,000. Finally, ProShare Advisors LLC boosted its position in shares of Mirion Technologies by 12.4% in the fourth quarter. ProShare Advisors LLC now owns 46,728 shares of the company’s stock valued at $1,094,000 after acquiring an additional 5,141 shares during the period. 78.51% of the stock is owned by institutional investors.

Mirion Technologies Stock Up 4.5%

Shares of MIR stock opened at $18.40 on Friday. The stock has a market cap of $4.61 billion, a P/E ratio of 183.98 and a beta of 1.07. Mirion Technologies, Inc. has a one year low of $16.84 and a one year high of $30.28. The stock has a fifty day moving average price of $19.04 and a 200 day moving average price of $22.50. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.19 and a quick ratio of 2.63.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, April 28th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. The firm had revenue of $257.60 million during the quarter, compared to analysts’ expectations of $244.78 million. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.Mirion Technologies’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same period last year, the business earned $0.10 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Analysts predict that Mirion Technologies, Inc. will post 0.51 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Christopher A. Moore sold 8,400 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total value of $164,976.00. Following the completion of the transaction, the chief accounting officer directly owned 22,157 shares of the company’s stock, valued at $435,163.48. This trade represents a 27.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 6.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MIR. The Goldman Sachs Group reduced their price objective on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Morgan Stanley reduced their price objective on Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 11th. Weiss Ratings cut Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Robert W. Baird reduced their target price on Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Finally, Citigroup reduced their target price on Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Mirion Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $27.13.

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.