Global Retirement Partners LLC Has $1.09 Million Stock Position in Iron Mountain Incorporated $IRM

Global Retirement Partners LLC boosted its position in shares of Iron Mountain Incorporated (NYSE:IRM) by 86.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,109 shares of the financial services provider’s stock after purchasing an additional 6,073 shares during the quarter. Global Retirement Partners LLC’s holdings in Iron Mountain were worth $1,087,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Iron Mountain by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,904 shares of the financial services provider’s stock valued at $2,573,000 after acquiring an additional 1,286 shares during the last quarter. Empowered Funds LLC raised its position in shares of Iron Mountain by 10.3% during the 1st quarter. Empowered Funds LLC now owns 5,728 shares of the financial services provider’s stock valued at $493,000 after acquiring an additional 537 shares during the last quarter. Woodline Partners LP raised its position in shares of Iron Mountain by 41.0% during the 1st quarter. Woodline Partners LP now owns 24,742 shares of the financial services provider’s stock valued at $2,129,000 after acquiring an additional 7,193 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Iron Mountain by 29.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,322 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 300 shares during the period. Finally, Cerity Partners LLC boosted its position in shares of Iron Mountain by 3.6% in the 2nd quarter. Cerity Partners LLC now owns 35,292 shares of the financial services provider’s stock worth $3,620,000 after purchasing an additional 1,222 shares during the last quarter. 80.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Iron Mountain

In related news, CEO William L. Meaney sold 38,474 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $128.93, for a total transaction of $4,960,452.82. Following the sale, the chief executive officer directly owned 38,474 shares in the company, valued at $4,960,452.82. 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, Director Pamela M. 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 transaction of $244,011.24. Following the completion of the sale, the director directly owned 40,196 shares in the company, valued at $5,184,078.12. This represents a 4.50% 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 498,771 shares of company stock valued at $54,363,582 over the last three months. Insiders own 1.70% of the company’s stock.

Analysts Set New Price Targets

IRM has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price objective on Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Loop Capital set a $130.00 target price on Iron Mountain in a research report on Wednesday, March 4th. Truist Financial set a $140.00 price target on Iron Mountain in a research note on Friday, May 1st. Zacks Research upgraded shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Iron Mountain presently has an average rating of “Moderate Buy” and an average price target of $131.67.

Iron Mountain Price Performance

Shares of Iron Mountain stock opened at $126.58 on Tuesday. Iron Mountain Incorporated has a 1 year low of $77.77 and a 1 year high of $134.09. The business has a 50-day moving average of $114.25 and a two-hundred day moving average of $100.62. The company has a market capitalization of $37.66 billion, a P/E ratio of 139.10 and a beta of 1.20.

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 Dividend Announcement

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