Schwartz Investment Counsel Inc. Lowers Holdings in Mirion Technologies, Inc. (NYSE:MIR)

Schwartz Investment Counsel Inc. reduced its position in Mirion Technologies, Inc. (NYSE:MIR) by 11.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,349,300 shares of the company’s stock after selling 170,000 shares during the period. Schwartz Investment Counsel Inc.’s holdings in Mirion Technologies were worth $23,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Artemis Investment Management LLP acquired a new position in shares of Mirion Technologies in the fourth quarter worth about $38,155,000. Corsair Capital Management L.P. increased its stake in shares of Mirion Technologies by 83.9% in the 3rd quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company’s stock valued at $34,991,000 after purchasing an additional 1,441,846 shares in the last quarter. Telemark Asset Management LLC acquired a new position in Mirion Technologies in the 3rd quarter worth about $4,428,000. Jennison Associates LLC boosted its position in Mirion Technologies by 548.4% during the third quarter. Jennison Associates LLC now owns 465,553 shares of the company’s stock worth $5,154,000 after purchasing an additional 393,752 shares in the last quarter. Finally, Roubaix Capital LLC acquired a new stake in Mirion Technologies in the third quarter valued at approximately $4,263,000. 78.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on MIR shares. Citigroup increased their target price on Mirion Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Robert W. Baird started coverage on shares of Mirion Technologies in a report on Thursday, December 19th. They set an “outperform” rating and a $22.00 price objective on the stock. The Goldman Sachs Group boosted their target price on shares of Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Baird R W raised shares of Mirion Technologies to a “strong-buy” rating in a research note 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 data from MarketBeat.com, Mirion Technologies has an average rating of “Buy” and an average price target of $19.25.

Mirion Technologies Price Performance

MIR opened at $16.16 on Wednesday. Mirion Technologies, Inc. has a twelve month low of $9.11 and a twelve month high of $18.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. The firm’s 50-day moving average price is $17.02 and its 200 day moving average price is $14.03.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.33% and a negative net margin of 7.84%. As a group, equities analysts expect that Mirion Technologies, Inc. will post 0.33 earnings per share for the current fiscal 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.