Tema ETFs LLC Raises Holdings in Mirion Technologies, Inc. $MIR

Tema ETFs LLC raised its stake in Mirion Technologies, Inc. (NYSE:MIR) by 45.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,408 shares of the company’s stock after purchasing an additional 70,668 shares during the period. Tema ETFs LLC owned about 0.09% of Mirion Technologies worth $4,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Balefire LLC purchased a new stake in shares of Mirion Technologies during the second quarter worth approximately $226,000. Altshuler Shaham Ltd lifted its stake in Mirion Technologies by 12.3% in the first quarter. Altshuler Shaham Ltd now owns 13,147 shares of the company’s stock worth $244,000 after acquiring an additional 1,443 shares during the last quarter. Amundi lifted its stake in Mirion Technologies by 198.3% in the first quarter. Amundi now owns 36,691 shares of the company’s stock worth $682,000 after acquiring an additional 24,391 shares during the last quarter. California State Teachers Retirement System grew its holdings in Mirion Technologies by 22.2% during the 1st quarter. California State Teachers Retirement System now owns 274,096 shares of the company’s stock worth $5,095,000 after acquiring an additional 49,751 shares in the last quarter. Finally, Maverick Capital Ltd. purchased a new stake in shares of Mirion Technologies in the 1st quarter valued at approximately $49,261,000. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Mirion Technologies Trading Down 0.3%

Shares of Mirion Technologies stock opened at $15.23 on Thursday. The company has a current ratio of 3.20, a quick ratio of 2.63 and a debt-to-equity ratio of 0.64. The company has a fifty day simple moving average of $16.71 and a 200-day simple moving average of $19.04. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 152.30 and a beta of 1.05. Mirion Technologies, Inc. has a 12-month low of $14.11 and a 12-month high of $30.28.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02. Mirion Technologies had a net margin of 2.39% and a return on equity of 6.59%. The firm had revenue of $266.80 million for the quarter, compared to analyst estimates of $269.32 million. During the same period last year, the business earned $0.11 EPS. Mirion Technologies’s revenue for the quarter was up 19.7% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, equities analysts forecast that Mirion Technologies, Inc. will post 0.54 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MIR. Morgan Stanley reduced their price objective on shares of Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, July 13th. B. Riley Financial dropped their target price on Mirion Technologies from $29.00 to $27.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. The Goldman Sachs Group restated a “buy” rating and issued a $23.00 price target on shares of Mirion Technologies in a research note on Wednesday, July 29th. Weiss Ratings raised Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Finally, Citigroup lowered their price objective on Mirion Technologies from $28.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $26.25.

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.