Rockefeller Capital Management L.P. Increases Stake in Mirion Technologies, Inc. $MIR

Rockefeller Capital Management L.P. grew its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR) by 17.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,139,037 shares of the company’s stock after purchasing an additional 167,454 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Mirion Technologies were worth $26,676,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Tudor Investment Corp ET AL raised its position 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 valued at $407,050,000 after buying an additional 17,490,000 shares during the last quarter. Vanguard Group Inc. boosted its position in Mirion Technologies by 28.0% during the third quarter. Vanguard Group Inc. now owns 30,418,327 shares of the company’s stock worth $707,530,000 after acquiring an additional 6,651,735 shares during the last quarter. Two Creeks Capital Management LP acquired a new position in Mirion Technologies during the third quarter worth about $83,707,000. UBS Group AG grew its stake in Mirion Technologies by 181.4% during the 3rd quarter. UBS Group AG now owns 4,796,833 shares of the company’s stock valued at $111,574,000 after acquiring an additional 3,092,136 shares in the last quarter. Finally, TCW Group Inc. purchased a new stake in Mirion Technologies during the 4th quarter valued at about $57,439,000. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Insider Activity at Mirion Technologies

In other news, CAO Christopher A. Moore sold 8,400 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total transaction of $164,976.00. Following the completion of the transaction, the chief accounting officer directly owned 22,157 shares in the company, valued at approximately $435,163.48. This represents a 27.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.20% of the stock is currently owned by company insiders.

Mirion Technologies Stock Down 0.2%

MIR stock opened at $18.57 on Tuesday. Mirion Technologies, Inc. has a one year low of $15.58 and a one year high of $30.28. The firm has a market cap of $4.65 billion, a PE ratio of 185.65 and a beta of 1.03. The firm’s 50 day moving average price is $18.45 and its 200-day moving average price is $21.25. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.63 and a current ratio of 3.19.

Mirion Technologies (NYSE:MIR) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The company had revenue of $257.60 million during the quarter, compared to analyst estimates of $244.78 million. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.The firm’s revenue for the quarter was up 27.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, equities research analysts anticipate that Mirion Technologies, Inc. will post 0.51 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on MIR. Melius Research raised shares of Mirion Technologies to a “strong-buy” rating in a research note on Monday, March 23rd. Citigroup cut their price target on Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Morgan Stanley lowered their price objective on Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 11th. JPMorgan Chase & Co. dropped their target price on Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a report on Thursday, March 26th. Finally, Weiss Ratings lowered Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $27.12.

Mirion Technologies Company 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.