Iron Mountain Incorporated $IRM Shares Sold by Vectors Research Management LLC

Vectors Research Management LLC lessened its stake in shares of Iron Mountain Incorporated (NYSE:IRM) by 9.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,625 shares of the financial services provider’s stock after selling 3,962 shares during the period. Vectors Research Management LLC’s holdings in Iron Mountain were worth $3,121,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IRM. Quent Capital LLC purchased a new position in shares of Iron Mountain in the third quarter worth $27,000. Johnson Financial Group Inc. purchased a new stake in shares of Iron Mountain during the third quarter valued at $32,000. Franchise GP Ltd acquired a new position in shares of Iron Mountain in the 4th quarter valued at $38,000. Wealth Watch Advisors INC acquired a new position in shares of Iron Mountain in the 3rd quarter valued at $44,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Iron Mountain in the 4th quarter worth $45,000. Institutional investors and hedge funds own 80.13% of the company’s stock.

Iron Mountain Stock Performance

NYSE IRM opened at $128.69 on Friday. The business has a fifty day moving average price of $109.85 and a 200 day moving average price of $98.71. The company has a market cap of $38.29 billion, a P/E ratio of 141.42 and a beta of 1.20. Iron Mountain Incorporated has a one year low of $77.77 and a one year high of $134.09.

Iron Mountain (NYSE:IRM) last issued its earnings results on Thursday, April 30th. The financial services provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.93. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.86 billion. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. Iron Mountain’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.17 earnings per share. 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 predict that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Dividend Announcement

The firm 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 $0.864 dividend. The ex-dividend date is Monday, June 15th. This represents a $3.46 dividend on an annualized basis and a yield of 2.7%. Iron Mountain’s dividend payout ratio is currently 380.22%.

Analysts Set New Price Targets

A number of brokerages have recently commented on IRM. Weiss Ratings restated a “hold (c)” rating on shares of Iron Mountain in a research note on Tuesday, April 21st. Wells Fargo & Company lifted their price target on 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 Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Barclays raised their price objective on shares of Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Finally, Zacks Research lowered shares of Iron Mountain from a “hold” rating to a “strong sell” rating in a report on Monday, April 13th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

Key Headlines Impacting Iron Mountain

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

• Positive Sentiment: Iron Mountain is being highlighted as a top long-term momentum stock, which can attract trend-following investors and support buying interest. Why Iron Mountain (IRM) is a top momentum stock for the long term
• Positive Sentiment: Chart-focused coverage says IRM remains in an uptrend, with the stock continuing to climb as overall market risk appetite stays firm and the shares outperform peers. Iron Mountain Stock Is Moving Today — Here’s What The Chart Is Signaling
• Positive Sentiment: Iron Mountain is also benefiting from a broader AI-data-center investment theme, with analysts pointing to its exposure to data center spending as a potential growth driver for REIT investors. 3 REITs to Watch as AI Data Center Spending Surpasses Office Construction
• Neutral Sentiment: One article noted the stock could log losses after a six-session rally, suggesting some short-term consolidation risk after the recent run-up. Iron Mountain on track to log losses after six-session rally

Insiders Place Their Bets

In other news, EVP Mithu Bhargava sold 59,725 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $104.62, for a total value of $6,248,429.50. Following the transaction, the executive vice president owned 16,054 shares of the company’s stock, valued at $1,679,569.48. This represents a 78.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO William L. Meaney sold 137,133 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $109.39, for a total value of $15,000,978.87. Following the transaction, the chief executive officer owned 295,975 shares of the company’s stock, valued at approximately $32,376,705.25. This represents a 31.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 451,648 shares of company stock valued at $48,297,449. 1.70% of the stock is currently owned by 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.