Raiffeisen Bank International AG Has $7.13 Million Stake in Iron Mountain Incorporated $IRM

Raiffeisen Bank International AG lowered its stake in Iron Mountain Incorporated (NYSE:IRM) by 37.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,892 shares of the financial services provider’s stock after selling 32,765 shares during the quarter. Raiffeisen Bank International AG’s holdings in Iron Mountain were worth $7,134,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Iron Mountain by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,904 shares of the financial services provider’s stock valued at $2,573,000 after purchasing an additional 1,286 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Iron Mountain by 10.3% during the 1st quarter. Empowered Funds LLC now owns 5,728 shares of the financial services provider’s stock worth $493,000 after purchasing an additional 537 shares in the last quarter. Woodline Partners LP grew its stake in shares of Iron Mountain by 41.0% in the 1st quarter. Woodline Partners LP now owns 24,742 shares of the financial services provider’s stock valued at $2,129,000 after buying an additional 7,193 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Iron Mountain by 29.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,322 shares of the financial services provider’s stock valued at $136,000 after buying an additional 300 shares during the period. Finally, Cerity Partners LLC increased its position in Iron Mountain by 3.6% in the 2nd quarter. Cerity Partners LLC now owns 35,292 shares of the financial services provider’s stock valued at $3,620,000 after buying an additional 1,222 shares in the last quarter. Institutional investors and hedge funds own 80.13% of the company’s stock.

Insider Activity at Iron Mountain

In other Iron Mountain news, CEO William L. Meaney sold 38,474 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $121.67, for a total transaction of $4,681,131.58. Following the transaction, the chief executive officer directly owned 38,474 shares in the company, valued at approximately $4,681,131.58. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 Iron Mountain stock in a transaction on Friday, August 7th. The stock was sold at an average price of $122.70, for a total transaction of $736,200.00. Following the transaction, the executive vice president directly owned 101,507 shares in the company, valued at $12,454,908.90. This represents a 5.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 132,422 shares of company stock valued at $15,803,807 over the last 90 days. Insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on IRM. Wells Fargo & Company upped their price target on Iron Mountain from $135.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Truist Financial boosted their price objective on Iron Mountain from $140.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, August 27th. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings cut Iron Mountain from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 25th. Finally, Wall Street Zen downgraded shares of Iron Mountain from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Iron Mountain currently has a consensus rating of “Moderate Buy” and an average target price of $137.67.

Key Headlines Impacting Iron Mountain

Here are the key news stories impacting Iron Mountain this week:

• Positive Sentiment: Iron Mountain announced a partnership with Saudi Arabia’s Social Development Bank to modernize document-intensive financing processes. The bank will use Iron Mountain InSight DXP’s AI-powered intelligent document processing, giving IRM a potential foothold for broader digital-services growth in the Middle East. Iron Mountain Middle East partnership
• Positive Sentiment: The Saudi agreement reinforces Iron Mountain’s transition beyond traditional records storage toward AI, digitization and information-management services. Investors may view the partnership as a catalyst for recurring technology revenue and expanded regional customer relationships. Iron Mountain AI digital partnership
• Positive Sentiment: Recent quarterly results showed revenue rising 18.5% year over year to $2.03 billion, while adjusted earnings per share of $0.60 exceeded the $0.54 consensus estimate. Management also raised full-year 2026 guidance, highlighting momentum in digital and data-center-related businesses. Iron Mountain earnings growth
• Neutral Sentiment: Analyst sentiment remains moderately positive, with a consensus “Moderate Buy” rating and an average price target of $137.67. However, most target changes followed the August earnings report and do not represent a new catalyst.
• Negative Sentiment: CEO William Meaney sold 38,474 shares, while EVPs Mark Kidd and Greg McIntosh sold 6,000 and 5,000 shares, respectively. The transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their significance as discretionary bearish signals, but the concentration of insider selling could pressure investor confidence. Iron Mountain insider selling
• Negative Sentiment: Iron Mountain trades at a high earnings multiple, while its reported dividend payout ratio above 247% could raise questions about earnings-based coverage despite the approximately 3.1% yield.

Iron Mountain Stock Performance

Shares of NYSE IRM opened at $115.32 on Friday. Iron Mountain Incorporated has a fifty-two week low of $77.77 and a fifty-two week high of $134.68. The stock has a market cap of $34.33 billion, a price-to-earnings ratio of 82.37 and a beta of 1.18. The firm’s 50-day simple moving average is $122.49 and its 200 day simple moving average is $118.58.

Iron Mountain (NYSE:IRM) last released its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. The business had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $1.97 billion. Iron Mountain had a negative return on equity of 85.44% and a net margin of 5.54%.The company’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.24 EPS. 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, sell-side analysts predict that Iron Mountain Incorporated will post 5.42 EPS for the current year.

Iron Mountain Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Tuesday, September 15th will be given a dividend of $0.864 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $3.46 annualized dividend and a dividend yield of 3.0%. Iron Mountain’s payout ratio is presently 247.14%.

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.