Stevens Capital Management LP Invests $1.26 Million in Iron Mountain Incorporated $IRM

Stevens Capital Management LP acquired a new stake in shares of Iron Mountain Incorporated (NYSE:IRM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,214 shares of the financial services provider’s stock, valued at approximately $1,262,000.

Other institutional investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Iron Mountain by 4.5% during 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 during the last quarter. Empowered Funds LLC lifted its stake in shares of Iron Mountain by 10.3% in the first quarter. Empowered Funds LLC now owns 5,728 shares of the financial services provider’s stock worth $493,000 after buying an additional 537 shares during the last quarter. Woodline Partners LP boosted its holdings in shares of Iron Mountain by 41.0% during the 1st quarter. Woodline Partners LP now owns 24,742 shares of the financial services provider’s stock worth $2,129,000 after buying an additional 7,193 shares during the period. EverSource Wealth Advisors LLC grew its stake in 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 last quarter. Finally, Cerity Partners LLC grew its stake 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 during the last quarter. 80.13% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

IRM has been the subject of a number of research analyst reports. Loop Capital set a $130.00 target price on shares of Iron Mountain in a research report on Wednesday, March 4th. JPMorgan Chase & Co. lifted their price objective on Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Barclays boosted their price objective on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. Finally, Zacks Research downgraded Iron Mountain from a “hold” rating to a “strong sell” rating in a research report on Monday, April 13th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.67.

Iron Mountain Stock Performance

NYSE IRM opened at $131.76 on Wednesday. Iron Mountain Incorporated has a twelve month low of $77.77 and a twelve month high of $131.83. The stock has a market cap of $39.20 billion, a PE ratio of 144.79 and a beta of 1.20. The firm has a 50-day simple moving average of $109.16 and a 200 day simple moving average of $98.37.

Iron Mountain (NYSE:IRM) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $0.50 by $0.93. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the firm posted $1.17 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Iron Mountain Incorporated will post 5.26 earnings per share for the current fiscal year.

Iron Mountain Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Investors of record on Monday, June 15th will be paid a $0.864 dividend. This represents a $3.46 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, June 15th. Iron Mountain’s dividend payout ratio is presently 380.22%.

Insider Transactions at Iron Mountain

In other news, Director Jennifer Allerton sold 7,000 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $108.88, for a total value of $762,160.00. Following the completion of the transaction, the director owned 11,541 shares in the company, valued at approximately $1,256,584.08. This represents a 37.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William L. Meaney sold 137,133 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $109.39, for a total transaction of $15,000,978.87. Following the transaction, the chief executive officer directly owned 295,975 shares of the company’s stock, valued at $32,376,705.25. The trade was a 31.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 451,648 shares of company stock valued at $48,297,449 in the last ninety days. 1.70% of the stock is 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.