Iron Mountain Incorporated $IRM Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. increased its stake in shares of Iron Mountain Incorporated (NYSE:IRM) by 56.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,689,246 shares of the financial services provider’s stock after acquiring an additional 610,759 shares during the period. Vontobel Holding Ltd.’s holdings in Iron Mountain were worth $140,123,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Iron Mountain by 0.4% during the third quarter. Vanguard Group Inc. now owns 47,253,100 shares of the financial services provider’s stock worth $4,816,981,000 after acquiring an additional 188,213 shares during the period. Cohen & Steers Inc. grew its holdings in Iron Mountain by 20.0% during the fourth quarter. Cohen & Steers Inc. now owns 18,903,716 shares of the financial services provider’s stock worth $1,568,110,000 after acquiring an additional 3,155,034 shares during the period. State Street Corp grew its holdings in Iron Mountain by 1.9% during the third quarter. State Street Corp now owns 17,131,787 shares of the financial services provider’s stock worth $1,759,494,000 after acquiring an additional 322,144 shares during the period. Geode Capital Management LLC grew its holdings in Iron Mountain by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 8,292,653 shares of the financial services provider’s stock worth $685,374,000 after acquiring an additional 102,073 shares during the period. Finally, Invesco Ltd. grew its holdings in Iron Mountain by 18.1% during the third quarter. Invesco Ltd. now owns 5,066,516 shares of the financial services provider’s stock worth $516,481,000 after acquiring an additional 776,933 shares during the period. 80.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on IRM. Barclays raised their target price on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. JPMorgan Chase & Co. raised their target price on Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Loop Capital set a $130.00 target price on Iron Mountain in a report on Wednesday, March 4th. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Wells Fargo & Company raised 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. Four 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.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $131.67.

Insider Buying and Selling

In other Iron Mountain news, CEO William L. Meaney sold 38,474 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $127.55, for a total value of $4,907,358.70. Following the sale, the chief executive officer directly owned 38,474 shares of the company’s stock, valued at approximately $4,907,358.70. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Kidd sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $126.70, for a total value of $760,200.00. Following the completion of the sale, the executive vice president directly owned 113,507 shares in the company, valued at approximately $14,381,336.90. The trade was a 5.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 202,985 shares of company stock valued at $23,452,265 in the last 90 days. Corporate insiders own 1.70% of the company’s stock.

Iron Mountain Trading Up 1.6%

Shares of IRM opened at $127.20 on Friday. Iron Mountain Incorporated has a 12 month low of $77.77 and a 12 month high of $134.09. The stock’s 50 day moving average is $121.04 and its two-hundred day moving average is $103.77. The firm has a market cap of $37.85 billion, a P/E ratio of 139.78 and a beta of 1.19.

Iron Mountain (NYSE:IRM) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 EPS 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 company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the company earned $1.17 earnings per share. Iron Mountain’s quarterly 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. Equities research analysts forecast that Iron Mountain Incorporated will post 5.4 EPS for the current year.

Iron Mountain Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. 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%.

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.