Schwartz Investment Counsel Inc. Has $15.88 Million Holdings in Mirion Technologies, Inc. $MIR

Schwartz Investment Counsel Inc. lifted its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 7.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 854,300 shares of the company’s stock after acquiring an additional 60,000 shares during the quarter. Schwartz Investment Counsel Inc. owned approximately 0.34% of Mirion Technologies worth $15,881,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Tudor Investment Corp ET AL raised its holdings in Mirion Technologies by 174,900.0% in the 3rd quarter. Tudor Investment Corp ET AL now owns 17,500,000 shares of the company’s stock valued at $407,050,000 after buying an additional 17,490,000 shares during the last quarter. State Street Corp raised its position in Mirion Technologies by 4.3% during the 4th quarter. State Street Corp now owns 9,198,795 shares of the company’s stock worth $215,436,000 after purchasing an additional 382,449 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Mirion Technologies by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 5,786,596 shares of the company’s stock worth $135,545,000 after buying an additional 157,687 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Mirion Technologies by 3.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,248,506 shares of the company’s stock valued at $122,920,000 after buying an additional 193,914 shares during the period. Finally, UBS Group AG raised its position in shares of Mirion Technologies by 1.2% during the fourth quarter. UBS Group AG now owns 4,852,587 shares of the company’s stock worth $113,648,000 after acquiring an additional 55,754 shares during the last quarter. 78.51% of the stock is owned by institutional investors and hedge funds.

Mirion Technologies Price Performance

NYSE MIR opened at $16.21 on Tuesday. The company has a market cap of $4.06 billion, a PE ratio of 162.15 and a beta of 1.03. Mirion Technologies, Inc. has a 52 week low of $15.58 and a 52 week high of $30.28. The company has a quick ratio of 2.63, a current ratio of 3.19 and a debt-to-equity ratio of 0.63. The firm’s 50-day simple moving average is $17.85 and its two-hundred day simple moving average is $20.49.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. The company had revenue of $257.60 million for the quarter, compared to analyst estimates of $244.78 million. During the same quarter in the previous year, the firm posted $0.10 earnings per share. The company’s quarterly revenue was up 27.5% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Research analysts predict that Mirion Technologies, Inc. will post 0.54 earnings per share for the current year.

Insider Buying and Selling at Mirion Technologies

In related news, CAO Christopher A. Moore sold 8,400 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total transaction of $164,976.00. Following the sale, the chief accounting officer directly owned 22,157 shares in the company, valued at approximately $435,163.48. The trade was a 27.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on MIR shares. The Goldman Sachs Group lowered their price target on shares of Mirion Technologies from $28.00 to $25.00 and set a “buy” rating for the company in a report on Friday. Citigroup lowered their target price on shares of Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Morgan Stanley decreased their price target on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday. Weiss Ratings cut Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. dropped their price target on Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating on the stock in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $26.38.

About Mirion Technologies

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.