Centiva Capital LP Has $3.61 Million Position in Mirion Technologies, Inc. $MIR

Centiva Capital LP raised its holdings in Mirion Technologies, Inc. (NYSE:MIR) by 61.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 155,000 shares of the company’s stock after buying an additional 58,733 shares during the quarter. Centiva Capital LP owned 0.06% of Mirion Technologies worth $3,605,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in MIR. Royal Bank of Canada lifted its holdings in shares of Mirion Technologies by 258.2% during the 1st quarter. Royal Bank of Canada now owns 98,828 shares of the company’s stock worth $1,433,000 after acquiring an additional 71,241 shares during the period. AQR Capital Management LLC increased its stake in Mirion Technologies by 124.3% in the first quarter. AQR Capital Management LLC now owns 199,211 shares of the company’s stock valued at $2,889,000 after acquiring an additional 110,399 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Mirion Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company’s stock worth $1,783,000 after purchasing an additional 5,366 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Mirion Technologies by 8.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 434,583 shares of the company’s stock worth $6,301,000 after purchasing an additional 34,973 shares in the last quarter. Finally, Bank of Montreal Can bought a new position in Mirion Technologies during the second quarter worth about $1,413,000. Institutional investors and hedge funds own 78.51% of the company’s stock.

Mirion Technologies Price Performance

Shares of Mirion Technologies stock opened at $18.64 on Friday. The company has a current ratio of 2.83, a quick ratio of 2.34 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $4.67 billion, a price-to-earnings ratio of 169.49 and a beta of 0.99. Mirion Technologies, Inc. has a 1-year low of $12.00 and a 1-year high of $30.28. The firm’s 50-day moving average price is $23.55 and its two-hundred day moving average price is $23.99.

Mirion Technologies (NYSE:MIR) last posted its earnings results on Tuesday, February 10th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The firm had revenue of $277.40 million during the quarter, compared to the consensus estimate of $281.17 million. Mirion Technologies had a net margin of 3.11% and a return on equity of 6.97%. The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.17 EPS. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. On average, equities analysts predict that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MIR has been the topic of a number of recent research reports. Citigroup decreased their price objective on Mirion Technologies from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Evercore began coverage on Mirion Technologies in a report on Tuesday, November 25th. They issued an “outperform” rating and a $29.00 target price for the company. JPMorgan Chase & Co. cut their target price on Mirion Technologies from $33.00 to $30.00 and set an “overweight” rating for the company in a research report on Monday, March 9th. The Goldman Sachs Group decreased their price target on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Finally, Morgan Stanley lowered their price target on Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Mirion Technologies currently has an average rating of “Moderate Buy” and an average target price of $27.63.

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.