Iron Mountain (NYSE:IRM) Director Sells $244,011.24 in Stock

Iron Mountain Incorporated (NYSE:IRM) Director Pamela Arway sold 1,892 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $128.97, for a total value of $244,011.24. Following the transaction, the director owned 40,196 shares of the company’s stock, valued at $5,184,078.12. This trade represents a 4.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Iron Mountain Price Performance

Shares of IRM opened at $125.07 on Friday. Iron Mountain Incorporated has a 1 year low of $77.77 and a 1 year high of $134.09. The company has a market capitalization of $37.21 billion, a price-to-earnings ratio of 137.44 and a beta of 1.20. The business has a 50-day moving average of $112.02 and a 200-day moving average of $99.70.

Iron Mountain (NYSE:IRM) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.10. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the company earned $1.17 earnings per share. The firm’s revenue was up 21.5% compared to the same quarter last year. Iron Mountain has set its Q2 2026 guidance at 1.400-1.400 EPS and its FY 2026 guidance at 5.790-5.860 EPS. As a group, sell-side analysts anticipate that Iron Mountain Incorporated will post 5.4 EPS for the current year.

Iron Mountain Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Monday, June 15th will be issued a $0.864 dividend. This represents a $3.46 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, June 15th. Iron Mountain’s payout ratio is presently 380.22%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on IRM shares. Loop Capital set a $130.00 target price on Iron Mountain in a report on Wednesday, March 4th. Barclays lifted their target price on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Zacks Research upgraded Iron Mountain from a “strong sell” rating to a “hold” rating in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.67.

Institutional Investors Weigh In On Iron Mountain

Several hedge funds and other institutional investors have recently modified their holdings of the company. BROOKFIELD Corp ON increased its holdings in shares of Iron Mountain by 31.4% during the first quarter. BROOKFIELD Corp ON now owns 188,255 shares of the financial services provider’s stock valued at $19,228,000 after acquiring an additional 44,935 shares in the last quarter. Cardiff Park Advisors LLC bought a new stake in shares of Iron Mountain during the first quarter valued at approximately $278,000. Gateway Wealth Partners LLC bought a new stake in shares of Iron Mountain during the first quarter valued at approximately $410,000. OMERS ADMINISTRATION Corp increased its holdings in shares of Iron Mountain by 27.6% during the first quarter. OMERS ADMINISTRATION Corp now owns 13,362 shares of the financial services provider’s stock valued at $1,365,000 after acquiring an additional 2,887 shares in the last quarter. Finally, Waverly Advisors LLC increased its holdings in shares of Iron Mountain by 4.6% during the first quarter. Waverly Advisors LLC now owns 36,018 shares of the financial services provider’s stock valued at $3,679,000 after acquiring an additional 1,596 shares in the last quarter. Institutional investors own 80.13% of the company’s stock.

Iron Mountain Company Profile

Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.

Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.