OP Asset Management Ltd Invests $3.13 Million in Iron Mountain Incorporated $IRM

OP Asset Management Ltd bought a new stake in shares of Iron Mountain Incorporated (NYSE:IRM) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 30,698 shares of the financial services provider’s stock, valued at approximately $3,135,000.

A number of other institutional investors have also recently made changes to their positions in the business. Banque Cantonale Vaudoise lifted its stake in shares of Iron Mountain by 14.3% in the 1st quarter. Banque Cantonale Vaudoise now owns 12,356 shares of the financial services provider’s stock valued at $1,262,000 after purchasing an additional 1,544 shares during the last quarter. Community Bank of Raymore increased its position in shares of Iron Mountain by 4.1% during the 1st quarter. Community Bank of Raymore now owns 15,871 shares of the financial services provider’s stock valued at $1,621,000 after purchasing an additional 630 shares during the last quarter. Krilogy Financial LLC increased its position in shares of Iron Mountain by 17.4% during the 1st quarter. Krilogy Financial LLC now owns 3,885 shares of the financial services provider’s stock valued at $397,000 after purchasing an additional 577 shares during the last quarter. Community Bank & Trust Waco Texas purchased a new stake in Iron Mountain during the 1st quarter valued at $225,000. Finally, Evolve Private Wealth LLC bought a new stake in Iron Mountain in the first quarter worth $265,000. Institutional investors own 80.13% of the company’s stock.

Iron Mountain Stock Up 1.0%

Shares of NYSE IRM opened at $132.42 on Friday. The business has a fifty day simple moving average of $125.32 and a two-hundred day simple moving average of $106.89. The firm has a market cap of $39.40 billion, a PE ratio of 145.51 and a beta of 1.19. Iron Mountain Incorporated has a twelve month low of $77.77 and a twelve month high of $134.68.

Iron Mountain (NYSE:IRM) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.10. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.86 billion. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.The business’s revenue was up 21.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.17 EPS. 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 expect that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.864 per share. This represents a $3.46 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, June 15th. Iron Mountain’s dividend payout ratio is presently 380.22%.

Analysts Set New Price Targets

Several research firms have commented on IRM. Wall Street Zen lowered shares of Iron Mountain from a “buy” rating to a “hold” rating in a research note on Sunday, June 14th. JPMorgan Chase & Co. raised their target price 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 target on shares of Iron Mountain in a research note on Friday, May 1st. Loop Capital set a $130.00 price target on shares of Iron Mountain in a 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 report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $131.67.

Insider Buying and Selling at Iron Mountain

In other news, Director Pamela M. Arway sold 1,892 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 40,196 shares in the company, valued at approximately $5,184,078.12. This trade represents a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Daniel Borges sold 7,189 shares of Iron Mountain stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $125.50, for a total transaction of $902,219.50. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 143,260 shares of company stock worth $17,203,835. 1.70% of the stock is currently owned by company insiders.

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.