Iron Mountain Incorporated $IRM Shares Bought by Heritage Trust Co

Heritage Trust Co raised its position in Iron Mountain Incorporated (NYSE:IRM) by 31.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 27,806 shares of the financial services provider’s stock after buying an additional 6,652 shares during the quarter. Heritage Trust Co’s holdings in Iron Mountain were worth $2,307,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Johnson Financial Group Inc. purchased a new stake in shares of Iron Mountain in the 3rd quarter worth about $32,000. Franchise GP Ltd acquired a new position in shares of Iron Mountain during the 4th quarter valued at about $38,000. Wealth Watch Advisors INC purchased a new stake in shares of Iron Mountain during the 3rd quarter valued at $44,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Iron Mountain during the fourth quarter valued at about $45,000. Finally, Global Wealth Strategies & Associates acquired a new stake in Iron Mountain during the 4th quarter worth approximately $50,000. 80.13% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Iron Mountain news, EVP Mark Kidd sold 6,000 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $127.91, for a total value of $767,460.00. Following the completion of the transaction, the executive vice president directly owned 119,507 shares of the company’s stock, valued at approximately $15,286,140.37. The trade was a 4.78% decrease in their ownership of the stock. The transaction 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, Director Pamela M. Arway sold 1,892 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $128.97, for a total value of $244,011.24. Following the completion of the transaction, the director directly owned 40,196 shares of the company’s stock, valued at approximately $5,184,078.12. The trade was a 4.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 355,827 shares of company stock valued at $38,859,043 in the last ninety days. 1.70% of the stock is currently owned by insiders.

Iron Mountain Price Performance

Shares of Iron Mountain stock opened at $126.07 on Tuesday. The firm has a market cap of $37.51 billion, a price-to-earnings ratio of 138.54 and a beta of 1.19. Iron Mountain Incorporated has a 52-week low of $77.77 and a 52-week high of $134.09. The stock has a 50-day simple moving average of $116.32 and a 200-day simple moving average of $101.52.

Iron Mountain (NYSE:IRM) last released its earnings results 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. 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 for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter last year, the firm posted $1.17 EPS. The company’s revenue 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. As a group, equities research analysts predict that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Dividend Announcement

The business 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. This represents a $3.46 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, June 15th. Iron Mountain’s dividend payout ratio is currently 379.12%.

Wall Street Analyst Weigh In

IRM has been the topic of several analyst reports. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Truist Financial set a $140.00 target price on Iron Mountain in a research report on Friday, May 1st. Wells Fargo & Company increased their target price on Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Barclays increased their target price on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Iron Mountain in a research report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

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.