Epoch Investment Partners Inc. Decreases Holdings in Iron Mountain Incorporated $IRM

Epoch Investment Partners Inc. trimmed its holdings in shares of Iron Mountain Incorporated (NYSE:IRM) by 2.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 616,513 shares of the financial services provider’s stock after selling 13,341 shares during the period. Epoch Investment Partners Inc. owned about 0.21% of Iron Mountain worth $62,971,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IRM. Dynamic Wealth Strategies LLC bought a new stake in Iron Mountain in the first quarter worth about $31,000. Garton & Associates Financial Advisors LLC bought a new position in shares of Iron Mountain during the 4th quarter valued at approximately $25,000. Johnson Financial Group Inc. purchased a new stake in shares of Iron Mountain during the 3rd quarter worth approximately $32,000. Beaird Harris Wealth Management LLC increased 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 purchasing an additional 350 shares during the last quarter. Finally, Bayban bought a new stake in shares of Iron Mountain in the 4th quarter worth approximately $33,000. 80.13% of the stock is owned by hedge funds and other institutional investors.

Iron Mountain Trading Up 3.0%

IRM opened at $128.33 on Friday. Iron Mountain Incorporated has a 12 month low of $77.77 and a 12 month high of $134.68. The company has a market cap of $38.18 billion, a PE ratio of 141.03 and a beta of 1.19. The company has a 50 day moving average of $125.31 and a 200 day moving average of $112.45.

Iron Mountain (NYSE:IRM) last posted its earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.10. The firm 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 quarterly revenue was up 21.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.17 earnings per share. 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. Research analysts forecast that Iron Mountain Incorporated will post 5.4 earnings per share for the current fiscal year.

Iron Mountain Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 15th were paid a $0.864 dividend. The ex-dividend date was Monday, June 15th. This represents a $3.46 annualized dividend and a yield of 2.7%. Iron Mountain’s dividend payout ratio (DPR) is currently 379.12%.

Insider Buying and Selling at Iron Mountain

In other Iron Mountain news, Director Walter C. Rakowich sold 757 shares of Iron Mountain stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $124.45, for a total transaction of $94,208.65. Following the completion of the transaction, the director owned 1,135 shares of the company’s stock, valued at $141,250.75. The trade was a 40.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $125.50, for a total value of $902,219.50. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 137,260 shares of company stock worth $17,361,672. 1.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

IRM has been the topic of several research analyst reports. Wall Street Zen downgraded Iron Mountain from a “buy” rating to a “hold” rating in a research note on Saturday. Wells Fargo & Company raised their target price on Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Truist Financial set a $140.00 target price on Iron Mountain in a research note on Friday, May 1st. JPMorgan Chase & Co. upped their price target on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, Barclays increased their price target on Iron Mountain from $127.00 to $143.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $134.33.

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.