OneDigital Investment Advisors LLC Makes New Investment in Iron Mountain Incorporated $IRM

OneDigital Investment Advisors LLC acquired a new position in Iron Mountain Incorporated (NYSE:IRM) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,979 shares of the financial services provider’s stock, valued at approximately $629,000.

Other large investors also recently modified their holdings of the company. Plato Investment Management Ltd purchased a new stake in Iron Mountain in the 2nd quarter worth $217,000. Bell Investment Advisors Inc bought a new position in shares of Iron Mountain in the second quarter worth about $26,000. Compass Capital Management Inc. bought a new stake in Iron Mountain during the 2nd quarter valued at approximately $480,000. Roman Butler Fullerton & Co. purchased a new position in Iron Mountain in the 2nd quarter worth approximately $1,447,000. Finally, Simplicity Wealth LLC bought a new position in Iron Mountain in the 2nd quarter worth approximately $461,000. Hedge funds and other institutional investors own 80.13% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Truist Financial set a $140.00 price objective on shares of Iron Mountain in a research report on Friday, May 1st. JPMorgan Chase & Co. increased their price objective on shares of Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Weiss Ratings raised Iron Mountain from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Wells Fargo & Company increased their price target on Iron Mountain from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Finally, Wall Street Zen downgraded Iron Mountain from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $135.17.

Iron Mountain Trading Down 2.3%

Shares of NYSE IRM opened at $126.94 on Wednesday. Iron Mountain Incorporated has a 12-month low of $77.77 and a 12-month high of $134.68. The firm’s 50-day moving average price is $124.70 and its 200-day moving average price is $116.62. The stock has a market capitalization of $37.79 billion, a price-to-earnings ratio of 90.68 and a beta of 1.20.

Iron Mountain (NYSE:IRM) last released its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.60 EPS for the quarter, topping the consensus estimate of $0.54 by $0.06. Iron Mountain had a negative return on equity of 85.44% and a net margin of 5.54%.The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same quarter last year, the business posted $1.24 earnings per share. The firm’s revenue was up 18.5% on a year-over-year basis. Iron Mountain has set its Q3 2026 guidance at 1.470-1.470 EPS and its FY 2026 guidance at 5.870-5.930 EPS. On average, equities analysts predict that Iron Mountain Incorporated will post 5.42 EPS for the current fiscal year.

Iron Mountain Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 15th will be issued a $0.864 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 2.7%. Iron Mountain’s payout ratio is 247.14%.

Insider Transactions at Iron Mountain

In related news, EVP Mark Kidd sold 6,000 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $122.70, for a total value of $736,200.00. Following the completion of the sale, the executive vice president directly owned 101,507 shares in the company, valued at $12,454,908.90. This trade represents a 5.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Daniel Borges sold 7,189 shares of Iron Mountain stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $125.50, for a total transaction of $902,219.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 134,611 shares of company stock worth $16,712,871. 1.70% of the stock is currently owned by company insiders.

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.