5,866 Shares in Iron Mountain Incorporated $IRM Acquired by Pinnacle Family Advisors LLC

Pinnacle Family Advisors LLC purchased a new stake in shares of Iron Mountain Incorporated (NYSE:IRM) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 5,866 shares of the financial services provider’s stock, valued at approximately $741,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Garton & Associates Financial Advisors LLC bought a new stake in Iron Mountain in the fourth quarter worth about $25,000. Bell Investment Advisors Inc bought a new position in shares of Iron Mountain during the 2nd quarter valued at about $26,000. Meeder Asset Management Inc. acquired a new position in shares of Iron Mountain in the 2nd quarter worth approximately $27,000. Beaird Harris Wealth Management LLC raised its holdings in shares of Iron Mountain by 17,500.0% in 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 in the last quarter. Finally, Dynamic Wealth Strategies LLC bought a new stake in shares of Iron Mountain in the 1st quarter worth approximately $31,000. Institutional investors own 80.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on IRM shares. JPMorgan Chase & Co. lifted their price target on shares of Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Truist Financial set a $140.00 price objective on Iron Mountain in a research report on Friday, May 1st. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Weiss Ratings upgraded Iron Mountain from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Finally, Wells Fargo & Company upped their target price on Iron Mountain from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $135.17.

Iron Mountain Stock Performance

Iron Mountain stock opened at $121.39 on Thursday. The firm has a market cap of $36.14 billion, a PE ratio of 86.71 and a beta of 1.20. The firm’s 50 day moving average price is $124.19 and its two-hundred day moving average price is $117.95. Iron Mountain Incorporated has a twelve month low of $77.77 and a twelve month high of $134.68.

Iron Mountain (NYSE:IRM) last issued its earnings results on Wednesday, August 5th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $1.97 billion. Iron Mountain had a net margin of 5.54% and a negative return on equity of 85.44%. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same quarter last year, the business posted $1.24 EPS. Iron Mountain has set its Q3 2026 guidance at 1.470-1.470 EPS and its FY 2026 guidance at 5.870-5.930 EPS. Equities analysts anticipate that Iron Mountain Incorporated will post 5.42 EPS for the current fiscal year.

Iron Mountain Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Tuesday, September 15th will be paid a $0.864 dividend. This represents a $3.46 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 15th. Iron Mountain’s dividend payout ratio (DPR) is presently 247.14%.

Insider Buying and Selling

In other Iron Mountain news, CEO William L. Meaney sold 38,474 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $121.67, for a total transaction of $4,681,131.58. Following the transaction, the chief executive officer owned 38,474 shares in the company, valued at $4,681,131.58. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Kidd sold 6,000 shares of Iron Mountain stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $122.70, for a total transaction of $736,200.00. Following the completion of the transaction, the executive vice president directly owned 101,507 shares in the company, valued at approximately $12,454,908.90. This represents a 5.58% decrease in their position. 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 a total of 127,422 shares of company stock worth $15,810,652 over the last three months. 1.70% of the stock is owned by company insiders.

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.