Sculptor Capital LP Sells 360,000 Shares of Mirion Technologies, Inc. $MIR

Sculptor Capital LP cut its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 72.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 140,000 shares of the company’s stock after selling 360,000 shares during the period. Sculptor Capital LP’s holdings in Mirion Technologies were worth $3,279,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MIR. Advisory Services Network LLC bought a new position in Mirion Technologies during the third quarter valued at approximately $25,000. UMB Bank n.a. boosted its stake in Mirion Technologies by 175.4% during the fourth quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock valued at $31,000 after buying an additional 856 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Mirion Technologies by 470.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $35,000 after buying an additional 1,354 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Mirion Technologies by 58.5% during the fourth 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 during the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Mirion Technologies by 78.4% during the fourth 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 during the last quarter. 78.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on MIR shares. Robert W. Baird dropped their price target on Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. 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 note on Wednesday, March 11th. Melius Research raised Mirion Technologies to a “strong-buy” rating in a research note on Monday, March 23rd. Weiss Ratings lowered Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. dropped their price target on Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Mirion Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $27.13.

Insider Buying and Selling at Mirion Technologies

In other news, CAO Christopher A. Moore sold 8,400 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total value of $164,976.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 2.20% of the company’s stock.

Mirion Technologies Trading Up 0.9%

Shares of NYSE MIR opened at $16.72 on Tuesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.63 and a current ratio of 3.19. The business’s 50 day moving average price is $18.57 and its 200-day moving average price is $21.51. Mirion Technologies, Inc. has a fifty-two week low of $15.58 and a fifty-two week high of $30.28. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 167.16 and a beta of 1.03.

Mirion Technologies (NYSE:MIR) last issued its quarterly earnings results 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. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.The firm had revenue of $257.60 million for the quarter, compared to the consensus estimate of $244.78 million. During the same period in the prior year, the business posted $0.10 earnings per share. The company’s revenue for the quarter was up 27.5% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, sell-side analysts expect that Mirion Technologies, Inc. will post 0.51 earnings per share for the current year.

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.