Iron Mountain Incorporated $IRM Shares Sold by Sei Investments Co.

Sei Investments Co. lessened its holdings in Iron Mountain Incorporated (NYSE:IRM) by 4.9% during the 1st quarter, Holdings Channel reports. The firm owned 974,792 shares of the financial services provider’s stock after selling 49,872 shares during the quarter. Sei Investments Co.’s holdings in Iron Mountain were worth $99,565,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Oregon Public Employees Retirement Fund increased its stake in shares of Iron Mountain by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 33,889 shares of the financial services provider’s stock worth $3,461,000 after purchasing an additional 100 shares in the last quarter. Rothschild Investment LLC lifted its stake in Iron Mountain by 15.4% in the 4th quarter. Rothschild Investment LLC now owns 780 shares of the financial services provider’s stock valued at $65,000 after buying an additional 104 shares in the last quarter. Meeder Advisory Services Inc. grew its holdings in Iron Mountain by 2.9% during the 1st quarter. Meeder Advisory Services Inc. now owns 3,741 shares of the financial services provider’s stock valued at $382,000 after buying an additional 107 shares during the last quarter. Corrado Advisors LLC grew its holdings in Iron Mountain by 0.6% during the 4th quarter. Corrado Advisors LLC now owns 19,856 shares of the financial services provider’s stock valued at $1,647,000 after buying an additional 110 shares during the last quarter. Finally, Bank of New Hampshire increased its position in Iron Mountain by 14.5% during the fourth quarter. Bank of New Hampshire now owns 910 shares of the financial services provider’s stock worth $75,000 after buying an additional 115 shares in the last quarter. 80.13% of the stock is currently owned by institutional investors and hedge funds.

Iron Mountain Price Performance

IRM opened at $124.74 on Friday. Iron Mountain Incorporated has a 12 month low of $77.77 and a 12 month high of $134.68. The business has a 50-day moving average of $125.24 and a two-hundred day moving average of $112.34. The stock has a market capitalization of $37.11 billion, a price-to-earnings ratio of 137.08 and a beta of 1.19.

Iron Mountain (NYSE:IRM) last released its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.10. The business had revenue of $1.94 billion during 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 for the quarter was up 21.5% on a year-over-year basis. During the same period in the prior year, the firm posted $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. Equities research analysts anticipate that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 15th were issued a $0.864 dividend. This represents a $3.46 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, June 15th. Iron Mountain’s dividend payout ratio is currently 380.22%.

Insider Buying and Selling

In other Iron Mountain news, EVP Mark Kidd sold 6,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $127.91, for a total value of $767,460.00. Following the transaction, the executive vice president directly owned 119,507 shares of the company’s stock, valued at $15,286,140.37. This trade represents a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Daniel Borges sold 7,189 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was 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. Insiders sold a total of 137,260 shares of company stock valued at $17,361,672 over the last ninety days. Insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

IRM has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price target on Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Wall Street Zen raised Iron Mountain from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Zacks Research upgraded Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Barclays boosted their target price on shares of Iron Mountain from $127.00 to $143.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Finally, Weiss Ratings cut shares of Iron Mountain from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, July 9th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $134.33.

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.