Corebridge Financial Inc. Has $1.79 Million Stock Position in Mirion Technologies, Inc. (NYSE:MIR)

Corebridge Financial Inc. cut its stake in Mirion Technologies, Inc. (NYSE:MIR) by 3.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,702 shares of the company’s stock after selling 4,158 shares during the period. Corebridge Financial Inc.’s holdings in Mirion Technologies were worth $1,792,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its stake in Mirion Technologies by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,559,576 shares of the company’s stock worth $17,265,000 after acquiring an additional 38,474 shares in the last quarter. FMR LLC grew its holdings in shares of Mirion Technologies by 258.4% in the 3rd quarter. FMR LLC now owns 17,957 shares of the company’s stock worth $199,000 after purchasing an additional 12,947 shares during the last quarter. Paloma Partners Management Co acquired a new stake in shares of Mirion Technologies during the 3rd quarter worth about $122,000. Cinctive Capital Management LP bought a new position in Mirion Technologies during the 3rd quarter valued at about $944,000. Finally, Portolan Capital Management LLC acquired a new position in Mirion Technologies in the third quarter valued at about $2,623,000. Institutional investors own 78.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on MIR shares. Robert W. Baird initiated coverage on shares of Mirion Technologies in a report on Thursday, December 19th. They set an “outperform” rating and a $22.00 price objective for the company. The Goldman Sachs Group lifted their price objective on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Citigroup increased their target price on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Finally, Baird R W upgraded shares of Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. Three investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $19.25.

Mirion Technologies Trading Up 4.9 %

MIR opened at $15.05 on Thursday. Mirion Technologies, Inc. has a fifty-two week low of $9.11 and a fifty-two week high of $18.81. The company has a market cap of $3.50 billion, a price-to-earnings ratio of -79.21 and a beta of 0.74. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. The firm has a 50 day simple moving average of $15.43 and a 200 day simple moving average of $15.25.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. On average, sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current 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.