Vectors Research Management LLC Sells 3,962 Shares of Iron Mountain Incorporated $IRM

Vectors Research Management LLC lessened its stake in Iron Mountain Incorporated (NYSE:IRM) by 9.5% in the fourth quarter, according to the company in its most recent 13F 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 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Intact Investment Management Inc. purchased a new stake in shares of Iron Mountain during the third quarter valued at approximately $3,588,000. NewSquare Capital LLC raised its holdings in Iron Mountain by 4,867.6% in the 3rd quarter. NewSquare Capital LLC now owns 11,823 shares of the financial services provider’s stock worth $1,205,000 after acquiring an additional 11,585 shares during the last quarter. Fieldview Capital Management LLC bought a new position in Iron Mountain in the 3rd quarter valued at approximately $3,092,000. OVERSEA CHINESE BANKING Corp Ltd lifted its position in Iron Mountain by 17.2% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 103,960 shares of the financial services provider’s stock valued at $10,598,000 after acquiring an additional 15,225 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in Iron Mountain by 54.8% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 33,596 shares of the financial services provider’s stock valued at $3,425,000 after purchasing an additional 11,893 shares during the last quarter. 80.13% of the stock is currently owned by hedge funds and other institutional investors.

Iron Mountain Price Performance

NYSE:IRM opened at $128.69 on Friday. The stock’s 50 day simple moving average is $109.85 and its two-hundred day simple moving average is $98.71. Iron Mountain Incorporated has a 1 year low of $77.77 and a 1 year high of $134.09. The company has a market cap of $38.29 billion, a price-to-earnings ratio of 141.42 and a beta of 1.20.

Iron Mountain (NYSE:IRM) last announced its earnings results on Thursday, April 30th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.93. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the prior year, the company earned $1.17 EPS. The business’s revenue was up 21.5% compared to the same quarter last year. 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, analysts anticipate that Iron Mountain Incorporated will post 5.4 EPS for the current 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 paid a $0.864 dividend. The ex-dividend date of this dividend 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 380.22%.

Analysts Set New Price Targets

A number of research firms recently commented on IRM. Zacks Research downgraded Iron Mountain from a “hold” rating to a “strong sell” rating in a report on Monday, April 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Iron Mountain in a research note on Tuesday, April 21st. Truist Financial set a $140.00 price objective on shares of Iron Mountain in a report on Friday, May 1st. Loop Capital set a $130.00 target price on shares of Iron Mountain in a research report on Wednesday, March 4th. Finally, Barclays boosted their price target on Iron Mountain from $126.00 to $127.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Four 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $131.67.

Trending Headlines about 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

Insider Buying and Selling at Iron Mountain

In other news, EVP Mithu Bhargava sold 59,725 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $104.62, for a total value of $6,248,429.50. Following the completion of the sale, the executive vice president owned 16,054 shares of the company’s stock, valued at approximately $1,679,569.48. This represents a 78.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark Kidd sold 6,000 shares of Iron Mountain stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $102.71, for a total transaction of $616,260.00. Following the transaction, the executive vice president directly owned 125,507 shares in the company, valued at approximately $12,890,823.97. The trade was a 4.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 451,648 shares of company stock valued at $48,297,449 in the last 90 days. Insiders own 1.70% of the company’s stock.

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.