Y Intercept Hong Kong Ltd Has $3.44 Million Stock Holdings in Iron Mountain Incorporated $IRM

Y Intercept Hong Kong Ltd increased its position in shares of Iron Mountain Incorporated (NYSE:IRM) by 38.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,654 shares of the financial services provider’s stock after buying an additional 9,382 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Iron Mountain were worth $3,437,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IRM. Garton & Associates Financial Advisors LLC bought a new position in Iron Mountain in the 4th quarter valued at about $25,000. Johnson Financial Group Inc. bought a new position in shares of Iron Mountain in the 3rd quarter worth $32,000. Beaird Harris Wealth Management LLC raised its holdings in shares of Iron Mountain by 17,500.0% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock valued at $29,000 after buying an additional 350 shares in the last quarter. Bayban purchased a new stake in Iron Mountain in the fourth quarter worth approximately $33,000. Finally, DV Equities LLC purchased a new position in shares of Iron Mountain in the fourth quarter valued at about $34,000. Institutional investors own 80.13% of the company’s stock.

Insider Buying and Selling at Iron Mountain

In other news, CEO William L. Meaney sold 38,474 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $122.83, for a total value of $4,725,761.42. Following the sale, the chief executive officer directly owned 38,474 shares in the company, valued at approximately $4,725,761.42. This trade represents a 50.00% decrease in their ownership of the stock. 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, CAO Daniel Borges sold 7,189 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $125.50, for a total value of $902,219.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 137,260 shares of company stock valued at $17,361,672. Insiders own 1.70% of the company’s stock.

Analyst Upgrades and Downgrades

IRM has been the subject of a number of research reports. Truist Financial set a $140.00 price target on shares of Iron Mountain in a research note on Friday, May 1st. 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. Weiss Ratings upgraded Iron Mountain from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 23rd. Wall Street Zen upgraded shares of Iron Mountain from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Zacks Research upgraded shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $134.33.

Iron Mountain Stock Performance

IRM traded down $0.44 during trading on Tuesday, hitting $115.94. The stock had a trading volume of 507,851 shares, compared to its average volume of 1,724,256. Iron Mountain Incorporated has a twelve month low of $77.77 and a twelve month high of $134.68. The company has a market capitalization of $34.49 billion, a PE ratio of 127.03 and a beta of 1.19. The stock has a 50 day simple moving average of $125.75 and a two-hundred day simple moving average of $108.63.

Iron Mountain (NYSE:IRM) last posted its quarterly 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. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.The business’s revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, equities research analysts anticipate that Iron Mountain Incorporated will post 5.4 EPS for the current year.

Iron Mountain Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 15th were paid a dividend of $0.864 per share. This represents a $3.46 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Monday, June 15th. Iron Mountain’s dividend payout ratio is presently 380.22%.

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.