Gabelli Funds LLC Has $9.71 Million Stock Holdings in Mirion Technologies, Inc. (NYSE:MIR)

Gabelli Funds LLC cut its stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 556,688 shares of the company's stock after selling 60,000 shares during the period. Gabelli Funds LLC owned 0.24% of Mirion Technologies worth $9,714,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC grew its position in shares of Mirion Technologies by 258.4% during the third quarter. FMR LLC now owns 17,957 shares of the company's stock worth $199,000 after acquiring an additional 12,947 shares during the last quarter. State Street Corp boosted its stake in Mirion Technologies by 2.7% during the 3rd quarter. State Street Corp now owns 5,365,728 shares of the company's stock valued at $59,399,000 after purchasing an additional 138,648 shares during the period. XTX Topco Ltd bought a new position in Mirion Technologies in the 3rd quarter worth about $303,000. Barclays PLC increased its stake in shares of Mirion Technologies by 325.0% in the third quarter. Barclays PLC now owns 307,680 shares of the company's stock valued at $3,405,000 after purchasing an additional 235,288 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Mirion Technologies by 3.4% during the third quarter. Geode Capital Management LLC now owns 4,502,455 shares of the company's stock valued at $49,851,000 after buying an additional 147,408 shares during the last quarter. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Price Performance

MIR traded down $0.05 during trading on Friday, reaching $13.79. The stock had a trading volume of 914,653 shares, compared to its average volume of 1,668,099. The stock has a 50 day moving average of $14.72 and a two-hundred day moving average of $15.52. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $3.20 billion, a price-to-earnings ratio of -72.56 and a beta of 0.75. Mirion Technologies, Inc. has a 1-year low of $9.11 and a 1-year high of $18.81.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate 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%. As a group, equities analysts anticipate that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. B. Riley decreased their price objective on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday. Robert W. Baird decreased their price target on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. Finally, Citigroup cut their price objective on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $18.75.

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.