State of Wyoming Boosts Stake in Mirion Technologies, Inc. (NYSE:MIR)

State of Wyoming raised its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 26.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 104,750 shares of the company’s stock after acquiring an additional 22,126 shares during the period. State of Wyoming’s holdings in Mirion Technologies were worth $1,828,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MIR. US Bancorp DE grew its position in Mirion Technologies by 3,248.7% during the fourth quarter. US Bancorp DE now owns 6,262 shares of the company’s stock valued at $109,000 after acquiring an additional 6,075 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Mirion Technologies by 162.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,649 shares of the company’s stock worth $116,000 after buying an additional 4,120 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in shares of Mirion Technologies in the fourth quarter worth about $120,000. KBC Group NV boosted its position in shares of Mirion Technologies by 39.2% in the fourth quarter. KBC Group NV now owns 8,002 shares of the company’s stock worth $140,000 after buying an additional 2,254 shares during the period. Finally, Corient Private Wealth LLC purchased a new stake in shares of Mirion Technologies in the fourth quarter worth about $187,000. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Robert W. Baird decreased their target price on Mirion Technologies from $22.00 to $20.00 and set an “outperform” rating for the company in a research report on Friday, April 4th. Citigroup decreased their target price on Mirion Technologies from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, B. Riley decreased their target price on Mirion Technologies from $19.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, April 16th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $18.75.

Mirion Technologies Trading Up 0.8%

Shares of MIR opened at $17.24 on Friday. The company has a market capitalization of $4.00 billion, a P/E ratio of -90.74 and a beta of 0.74. Mirion Technologies, Inc. has a one year low of $9.11 and a one year high of $18.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. The stock has a 50-day moving average price of $14.91 and a 200 day moving average price of $15.85.

Mirion Technologies (NYSE:MIR) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. The firm had revenue of $202.00 million during the quarter, compared to the consensus estimate of $199.34 million. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. Mirion Technologies’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.06 earnings per share. Sell-side analysts forecast that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Mirion Technologies 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.