Banque Cantonale Vaudoise Sells 21,752 Shares of Iron Mountain Incorporated $IRM

Banque Cantonale Vaudoise reduced its stake in Iron Mountain Incorporated (NYSE:IRM) by 66.8% during the 4th quarter, HoldingsChannel reports. The firm owned 10,812 shares of the financial services provider’s stock after selling 21,752 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Iron Mountain were worth $897,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of IRM. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Iron Mountain by 597.9% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,161,589 shares of the financial services provider’s stock valued at $322,292,000 after buying an additional 2,708,560 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Iron Mountain by 66.5% in the 4th quarter. Principal Financial Group Inc. now owns 4,207,596 shares of the financial services provider’s stock valued at $349,021,000 after buying an additional 1,680,438 shares in the last quarter. Invesco Ltd. increased its position in shares of Iron Mountain by 18.1% in the 3rd quarter. Invesco Ltd. now owns 5,066,516 shares of the financial services provider’s stock valued at $516,481,000 after buying an additional 776,933 shares in the last quarter. Centersquare Investment Management LLC increased its position in shares of Iron Mountain by 23.8% in the 3rd quarter. Centersquare Investment Management LLC now owns 2,514,464 shares of the financial services provider’s stock valued at $256,324,000 after buying an additional 483,548 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Iron Mountain by 331.5% during the 3rd quarter. AQR Capital Management LLC now owns 457,472 shares of the financial services provider’s stock worth $46,356,000 after purchasing an additional 351,463 shares in the last quarter. 80.13% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Iron Mountain

In other news, Director Jennifer Allerton sold 7,000 shares of Iron Mountain stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $108.88, for a total transaction of $762,160.00. Following the transaction, the director owned 11,541 shares in the company, valued at approximately $1,256,584.08. The trade was a 37.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mithu Bhargava sold 59,725 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $104.62, for a total transaction of $6,248,429.50. Following the completion of the transaction, the executive vice president owned 16,054 shares in the company, valued at approximately $1,679,569.48. The trade was a 78.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 498,771 shares of company stock worth $54,363,582 in the last three months. 1.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on IRM shares. Truist Financial set a $140.00 target price on Iron Mountain in a report on Friday, May 1st. Loop Capital set a $130.00 price objective on Iron Mountain in a report on Wednesday, March 4th. Wells Fargo & Company raised their price objective on Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Weiss Ratings restated a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Iron Mountain has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

Iron Mountain Trading Down 0.6%

NYSE IRM opened at $126.58 on Friday. Iron Mountain Incorporated has a 1-year low of $77.77 and a 1-year high of $134.09. The company has a 50 day moving average of $113.86 and a 200-day moving average of $100.48. The company has a market cap of $37.66 billion, a price-to-earnings ratio of 139.10 and a beta of 1.20.

Iron Mountain (NYSE:IRM) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.10. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The firm’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, equities research analysts forecast that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 3rd. Stockholders of record on Monday, June 15th will be issued a dividend of $0.864 per share. This represents a $3.46 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. Iron Mountain’s payout ratio is 380.22%.

About Iron Mountain

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.