Cynosure Group LLC Has $912,000 Holdings in Iron Mountain Incorporated $IRM

Cynosure Group LLC lifted its holdings in Iron Mountain Incorporated (NYSE:IRM) by 134.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,000 shares of the financial services provider’s stock after acquiring an additional 6,301 shares during the quarter. Cynosure Group LLC’s holdings in Iron Mountain were worth $912,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Johnson Financial Group Inc. acquired a new position in Iron Mountain during the 3rd quarter worth $32,000. Triumph Capital Management lifted its holdings in Iron Mountain by 1,056.8% during the 4th quarter. Triumph Capital Management now owns 428 shares of the financial services provider’s stock worth $35,000 after buying an additional 391 shares in the last quarter. Wealth Watch Advisors INC acquired a new position in Iron Mountain during the 3rd quarter worth $44,000. Franchise GP Ltd acquired a new position in Iron Mountain during the 4th quarter worth $38,000. Finally, Washington Trust Advisors Inc. acquired a new position in Iron Mountain during the 3rd quarter worth $54,000. Institutional investors and hedge funds own 80.13% of the company’s stock.

Insiders Place Their Bets

In related news, Director Pamela M. Arway sold 1,892 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $128.97, for a total value of $244,011.24. Following the completion of the sale, the director directly owned 40,196 shares in the company, valued at approximately $5,184,078.12. This trade represents a 4.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through 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 Monday, June 1st. The shares were sold at an average price of $126.70, for a total transaction of $760,200.00. Following the completion of the sale, the executive vice president owned 113,507 shares of the company’s stock, valued at $14,381,336.90. This trade represents a 5.02% 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 a total of 202,985 shares of company stock worth $23,452,265 in the last three months. Insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

IRM has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Iron Mountain in a research report on Tuesday, April 21st. Truist Financial set a $140.00 target price on shares of Iron Mountain in a research report on Friday, May 1st. Wells Fargo & Company upped their target price on shares of Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. upped their price objective on shares of Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, Loop Capital set a $130.00 price objective on shares of 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. According to MarketBeat, Iron Mountain presently has an average rating of “Moderate Buy” and an average target price of $131.67.

Iron Mountain Price Performance

Iron Mountain stock opened at $126.22 on Tuesday. Iron Mountain Incorporated has a one year low of $77.77 and a one year high of $134.09. The company has a market cap of $37.55 billion, a price-to-earnings ratio of 138.70 and a beta of 1.19. The firm has a 50-day moving average of $121.49 and a 200-day moving average of $104.19.

Iron Mountain (NYSE:IRM) last issued its earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.10. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The business 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 business posted $1.17 EPS. Iron Mountain’s revenue was up 21.5% on a year-over-year basis. 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 expect that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 15th will be paid a $0.864 dividend. This represents a $3.46 annualized dividend and a yield of 2.7%. The ex-dividend date is Monday, June 15th. Iron Mountain’s dividend payout ratio (DPR) is 380.22%.

Iron Mountain 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.