Tema Etfs LLC Takes $2.46 Million Position in Mirion Technologies, Inc. $MIR

Tema Etfs LLC acquired a new stake in shares of Mirion Technologies, Inc. (NYSE:MIR) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 104,962 shares of the company’s stock, valued at approximately $2,458,000.

Several other institutional investors and hedge funds have also bought and sold shares of MIR. Vanguard Group Inc. boosted its holdings in Mirion Technologies by 28.0% in the 3rd quarter. Vanguard Group Inc. now owns 30,418,327 shares of the company’s stock valued at $707,530,000 after purchasing an additional 6,651,735 shares during the period. Tudor Investment Corp ET AL increased its holdings in shares of Mirion Technologies by 174,900.0% in the third quarter. Tudor Investment Corp ET AL now owns 17,500,000 shares of the company’s stock worth $407,050,000 after purchasing an additional 17,490,000 shares during the period. Cooperman Leon G raised its position in shares of Mirion Technologies by 17.7% in the third quarter. Cooperman Leon G now owns 8,383,441 shares of the company’s stock worth $194,999,000 after buying an additional 1,258,441 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Mirion Technologies by 40.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,391,772 shares of the company’s stock worth $125,413,000 after buying an additional 1,558,104 shares in the last quarter. Finally, UBS Group AG boosted its stake in Mirion Technologies by 181.4% during the third quarter. UBS Group AG now owns 4,796,833 shares of the company’s stock valued at $111,574,000 after buying an additional 3,092,136 shares during the period. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MIR has been the subject of several recent analyst reports. Robert W. Baird decreased their target price on Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating on the stock in a research note on Monday. Morgan Stanley dropped their price target 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. Citigroup cut their price objective on Mirion Technologies from $32.00 to $29.00 and set a “buy” rating for the company in a report on Thursday, February 12th. The Goldman Sachs Group decreased their price objective on shares of Mirion Technologies from $33.00 to $29.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Finally, Melius Research raised shares of Mirion Technologies to a “strong-buy” rating in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Mirion Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $27.25.

Mirion Technologies Price Performance

Shares of Mirion Technologies stock opened at $19.03 on Friday. Mirion Technologies, Inc. has a 52-week low of $12.00 and a 52-week high of $30.28. The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of 172.98 and a beta of 1.09. The company has a fifty day moving average of $21.51 and a 200-day moving average of $23.72. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.34 and a current ratio of 2.83.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, February 10th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The business had revenue of $277.40 million during the quarter, compared to analysts’ expectations of $281.17 million. Mirion Technologies had a return on equity of 6.97% and a net margin of 3.11%.Mirion Technologies’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.17 EPS. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. Equities research analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

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.