Iron Mountain (NYSE:IRM) Director Pamela Arway Sells 1,892 Shares of Stock

Iron Mountain Incorporated (NYSE:IRM) Director Pamela Arway sold 1,892 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $128.97, for a total value of $244,011.24. Following the sale, the director owned 40,196 shares in the company, valued at approximately $5,184,078.12. The trade was a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Iron Mountain Stock Performance

Shares of IRM opened at $126.09 on Thursday. Iron Mountain Incorporated has a 52-week low of $77.77 and a 52-week high of $134.09. The stock’s 50-day simple moving average is $111.27 and its 200 day simple moving average is $99.37. The stock has a market capitalization of $37.51 billion, a price-to-earnings ratio of 138.56 and a beta of 1.20.

Iron Mountain (NYSE:IRM) last announced its quarterly earnings results 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 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 business posted $1.17 earnings per share. 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. On average, research analysts forecast that Iron Mountain Incorporated will post 5.4 earnings per share for the current fiscal year.

Iron Mountain Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Monday, June 15th will be issued a $0.864 dividend. This represents a $3.46 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. Iron Mountain’s dividend payout ratio (DPR) is presently 380.22%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Truist Financial set a $140.00 target price on shares of Iron Mountain in a research report on Friday, May 1st. JPMorgan Chase & Co. increased their target price on Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Iron Mountain in a research note on Tuesday, April 21st. Loop Capital set a $130.00 target price on shares of Iron Mountain in a research report on Wednesday, March 4th. Finally, Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $131.67.

Hedge Funds Weigh In On Iron Mountain

Several institutional investors have recently bought and sold shares of IRM. Garton & Associates Financial Advisors LLC purchased a new position in shares of Iron Mountain during the fourth quarter valued at approximately $25,000. Quent Capital LLC purchased a new stake in shares of Iron Mountain in the third quarter worth approximately $27,000. Beaird Harris Wealth Management LLC lifted its stake 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 worth $29,000 after acquiring an additional 350 shares during the last quarter. Dynamic Wealth Strategies LLC bought a new stake in shares of Iron Mountain during the 1st quarter worth approximately $31,000. Finally, Johnson Financial Group Inc. bought a new position in Iron Mountain in the 3rd quarter valued at $32,000. Institutional investors own 80.13% of the company’s stock.

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.