Iron Mountain Incorporated $IRM Holdings Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in shares of Iron Mountain Incorporated (NYSE:IRM) by 2.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,552,286 shares of the financial services provider’s stock after purchasing an additional 122,927 shares during the period. Dimensional Fund Advisors LP’s holdings in Iron Mountain were worth $464,931,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IRM. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Iron Mountain in the 4th quarter valued at $25,000. Johnson Financial Group Inc. acquired a new position in shares of Iron Mountain during the 3rd quarter worth about $32,000. Beaird Harris Wealth Management LLC boosted its position in shares of Iron Mountain by 17,500.0% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 350 shares during the period. Bayban bought a new stake in Iron Mountain in the 4th quarter valued at $33,000. Finally, DV Equities LLC bought a new stake in shares of Iron Mountain in the fourth quarter valued at about $34,000. 80.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Iron Mountain

In related news, CEO William L. Meaney sold 38,474 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $122.83, for a total transaction of $4,725,761.42. Following the sale, the chief executive officer directly owned 38,474 shares in the company, valued at $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 SEC, which is available at this hyperlink. 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 shares were sold at an average price of $125.50, for a total transaction of $902,219.50. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 137,260 shares of company stock valued at $17,361,672. 1.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on IRM shares. Wells Fargo & Company raised 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. Weiss Ratings downgraded Iron Mountain from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. increased their price objective on shares of Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Truist Financial set a $140.00 price objective on Iron Mountain in a research report on Friday, May 1st. Finally, Wall Street Zen raised shares of Iron Mountain from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $134.33.

Iron Mountain Price Performance

Shares of Iron Mountain stock opened at $124.23 on Tuesday. Iron Mountain Incorporated has a 1 year low of $77.77 and a 1 year high of $134.68. The business has a 50-day moving average of $125.35 and a two-hundred day moving average of $111.45. The company has a market capitalization of $36.96 billion, a P/E ratio of 136.52 and a beta of 1.19.

Iron Mountain (NYSE:IRM) last released its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the previous year, the business posted $1.17 EPS. Iron Mountain’s revenue for the quarter 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. On average, equities analysts anticipate that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 15th were paid a $0.864 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $3.46 dividend on an annualized basis and a yield of 2.8%. Iron Mountain’s payout ratio is presently 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.