Iron Mountain Incorporated $IRM Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its position in shares of Iron Mountain Incorporated (NYSE:IRM) by 63.1% during the 4th quarter, Holdings Channel reports. The firm owned 105,000 shares of the financial services provider’s stock after purchasing an additional 40,612 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Iron Mountain were worth $8,710,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Koshinski Asset Management Inc. increased its position in shares of Iron Mountain by 2.0% during the 3rd quarter. Koshinski Asset Management Inc. now owns 5,108 shares of the financial services provider’s stock valued at $521,000 after purchasing an additional 98 shares during the period. NorthCrest Asset Manangement LLC increased its position in shares of Iron Mountain by 3.6% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 2,929 shares of the financial services provider’s stock valued at $310,000 after purchasing an additional 103 shares during the period. Coldstream Capital Management Inc. boosted its stake in shares of Iron Mountain by 1.6% during the 3rd quarter. Coldstream Capital Management Inc. now owns 7,506 shares of the financial services provider’s stock worth $765,000 after acquiring an additional 121 shares in the last quarter. Personal CFO Solutions LLC boosted its stake in shares of Iron Mountain by 5.3% during the 3rd quarter. Personal CFO Solutions LLC now owns 2,450 shares of the financial services provider’s stock worth $250,000 after acquiring an additional 124 shares in the last quarter. Finally, Seelaus Asset Management LLC boosted its stake in shares of Iron Mountain by 4.5% during the 3rd quarter. Seelaus Asset Management LLC now owns 2,900 shares of the financial services provider’s stock worth $296,000 after acquiring an additional 125 shares in the last quarter. 80.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Iron Mountain

In other Iron Mountain news, Director Pamela M. 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 transaction of $244,011.24. Following the transaction, the director directly owned 40,196 shares in the company, valued at $5,184,078.12. This trade represents a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Kidd sold 6,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $127.91, for a total value of $767,460.00. Following the transaction, the executive vice president owned 119,507 shares in the company, valued at approximately $15,286,140.37. This trade represents a 4.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 498,771 shares of company stock valued at $54,363,582 in the last quarter. Corporate insiders own 1.70% of the company’s stock.

Iron Mountain Trading Down 0.6%

Shares of NYSE:IRM opened at $126.58 on Friday. Iron Mountain Incorporated has a 1 year low of $77.77 and a 1 year high of $134.09. The business has a fifty day simple moving average of $113.86 and a 200 day simple moving average of $100.48. The firm has a market cap of $37.66 billion, a price-to-earnings ratio of 139.10 and a beta of 1.20.

Iron Mountain (NYSE:IRM) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the company earned $1.17 earnings per share. Iron Mountain’s quarterly 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. On average, sell-side analysts forecast that Iron Mountain Incorporated will post 5.4 EPS for the current year.

Iron Mountain Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 3rd. Investors of record on Monday, June 15th will be issued a dividend of $0.864 per share. This represents a $3.46 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. Iron Mountain’s dividend payout ratio (DPR) is currently 380.22%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company raised their price objective on Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Iron Mountain in a research note on Tuesday, April 21st. Barclays raised their target price on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Finally, Loop Capital set a $130.00 target price on Iron Mountain in a research report on Wednesday, March 4th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $131.67.

About Iron Mountain

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.