Tidal Investments LLC Grows Stock Holdings in Mirion Technologies, Inc. $MIR

Tidal Investments LLC raised its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR) by 8.5% during the second quarter, HoldingsChannel reports. The fund owned 840,683 shares of the company’s stock after purchasing an additional 65,670 shares during the quarter. Tidal Investments LLC’s holdings in Mirion Technologies were worth $15,073,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MIR. Advisory Services Network LLC bought a new stake in shares of Mirion Technologies during the 3rd quarter valued at $25,000. UMB Bank n.a. boosted its stake in Mirion Technologies by 175.4% in the 4th quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock worth $31,000 after purchasing an additional 856 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Mirion Technologies by 470.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $35,000 after purchasing an additional 1,354 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in Mirion Technologies by 58.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock valued at $40,000 after buying an additional 631 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Mirion Technologies by 78.4% during the 4th quarter. Global Retirement Partners LLC now owns 2,018 shares of the company’s stock valued at $47,000 after buying an additional 887 shares in the last quarter. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Mirion Technologies Price Performance

MIR stock opened at $15.82 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.63 and a current ratio of 3.20. Mirion Technologies, Inc. has a 52 week low of $14.11 and a 52 week high of $30.28. The firm’s fifty day moving average is $15.86 and its 200 day moving average is $17.86. The firm has a market cap of $3.94 billion, a P/E ratio of 158.20 and a beta of 1.05.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.12 earnings per share 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 business had revenue of $266.80 million during the quarter, compared to the consensus estimate of $269.32 million. During the same period in the previous year, the firm posted $0.11 earnings per share. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. 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.

Analysts Set New Price Targets

A number of analysts recently weighed in on MIR shares. Weiss Ratings raised shares of Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Citigroup cut their price target on shares of Mirion Technologies from $28.00 to $24.00 and set a “buy” rating for the company in a report on Thursday, July 30th. B. Riley Financial decreased their price target on shares of 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 reiterated a “buy” rating and issued a $23.00 price objective on shares of Mirion Technologies in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group assumed coverage on Mirion Technologies in a research note on Thursday, September 3rd. They set a “buy” rating and a $20.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $25.56.

Mirion Technologies Profile

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.