M&T Bank Corp Has $2.79 Million Stock Position in Mirion Technologies, Inc. (NYSE:MIR)

M&T Bank Corp reduced its stake in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 20.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 160,116 shares of the company's stock after selling 40,112 shares during the quarter. M&T Bank Corp owned 0.07% of Mirion Technologies worth $2,794,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MIR. Artemis Investment Management LLP acquired a new stake in shares of Mirion Technologies during the 4th quarter worth $38,155,000. Corsair Capital Management L.P. grew its holdings in shares of Mirion Technologies by 83.9% during the 3rd quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company's stock worth $34,991,000 after purchasing an additional 1,441,846 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Mirion Technologies by 1,532.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company's stock worth $8,810,000 after purchasing an additional 488,790 shares in the last quarter. Telemark Asset Management LLC acquired a new stake in shares of Mirion Technologies during the 3rd quarter worth $4,428,000. Finally, Jennison Associates LLC grew its holdings in shares of Mirion Technologies by 548.4% during the 3rd 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. 78.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on MIR shares. The Goldman Sachs Group increased their target price on Mirion Technologies from $16.00 to $21.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Robert W. Baird started coverage on Mirion Technologies in a research note on Thursday, December 19th. They issued an "outperform" rating and a $22.00 price objective on the stock. Baird R W raised Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Finally, 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. Three investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Mirion Technologies currently has a consensus rating of "Buy" and a consensus price target of $19.25.

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Mirion Technologies Price Performance

Shares of MIR opened at $14.15 on Friday. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year high of $18.81. 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 company has a market capitalization of $3.29 billion, a price-to-earnings ratio of -74.49 and a beta of 0.74. The business has a 50-day moving average of $16.18 and a 200-day moving average of $14.70.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, topping 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 research analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

About Mirion Technologies

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.

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