Iron Mountain (IRM) – Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Iron Mountain (NYSE: IRM) recently:

• 5/1/2026 – Iron Mountain was given a new $140.00 price target by Truist Financial Corporation.
• 5/1/2026 – Iron Mountain had its price target raised by JPMorgan Chase & Co. from $121.00 to $138.00. They now have an “overweight” rating on the stock.
• 4/21/2026 – Iron Mountain had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 4/21/2026 – Iron Mountain had its price target raised by Wells Fargo & Company from $125.00 to $135.00. They now have an “overweight” rating on the stock.
• 4/13/2026 – Iron Mountain was downgraded by Zacks Research from “hold” to “strong sell”.

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 given a dividend of $0.864 per share. This represents a $3.46 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Iron Mountain’s payout ratio is currently 380.22%.

Insiders Place Their Bets

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

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.