Natixis Advisors LLC Lowers Position in Iron Mountain Incorporated $IRM

Natixis Advisors LLC lessened its stake in Iron Mountain Incorporated (NYSE:IRM) by 18.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,414 shares of the financial services provider’s stock after selling 32,538 shares during the period. Natixis Advisors LLC’s holdings in Iron Mountain were worth $11,647,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Heritage Trust Co boosted its position in Iron Mountain by 31.4% during the fourth quarter. Heritage Trust Co now owns 27,806 shares of the financial services provider’s stock worth $2,307,000 after purchasing an additional 6,652 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its position in Iron Mountain by 14.0% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,446,597 shares of the financial services provider’s stock worth $119,995,000 after purchasing an additional 177,130 shares in the last quarter. New Mexico Educational Retirement Board boosted its position in Iron Mountain by 3.7% during the fourth quarter. New Mexico Educational Retirement Board now owns 13,840 shares of the financial services provider’s stock worth $1,148,000 after purchasing an additional 500 shares in the last quarter. Easterly Investment Partners LLC purchased a new position in shares of Iron Mountain during the 4th quarter valued at approximately $6,098,000. Finally, Reaves W H & Co. Inc. purchased a new position in shares of Iron Mountain during the 4th quarter valued at approximately $4,471,000. Hedge funds and other institutional investors own 80.13% of the company’s stock.

Iron Mountain Stock Down 4.2%

IRM opened at $124.82 on Friday. Iron Mountain Incorporated has a twelve month low of $77.77 and a twelve month high of $134.09. The company has a 50-day moving average price of $118.50 and a 200 day moving average price of $102.42. The company has a market cap of $37.14 billion, a PE ratio of 137.16 and a beta of 1.19.

Iron Mountain (NYSE:IRM) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.10. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.86 billion. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.The firm’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter last 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. As a group, sell-side analysts expect that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Monday, June 15th will be issued a $0.864 dividend. The ex-dividend date is Monday, June 15th. This represents a $3.46 dividend on an annualized basis and a yield of 2.8%. Iron Mountain’s dividend payout ratio (DPR) is presently 380.22%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on IRM. Zacks Research upgraded Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Wall Street Zen upgraded Iron Mountain from a “hold” rating to a “buy” rating in a research report on Saturday. Loop Capital set a $130.00 target price on Iron Mountain in a research report on Wednesday, March 4th. Truist Financial set a $140.00 target price on Iron Mountain in a research report on Friday, May 1st. Finally, Barclays upped their price target on shares of Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $131.67.

Insider Buying and Selling

In other Iron Mountain news, EVP Mark Kidd sold 6,000 shares of the firm’s stock in a transaction on 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 owned 119,507 shares in the company, valued at approximately $15,286,140.37. This trade represents a 4.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Pamela M. Arway sold 1,892 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $128.97, for a total value of $244,011.24. Following the completion of the transaction, the director owned 40,196 shares in the company, valued at $5,184,078.12. The trade was a 4.50% 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 have sold a total of 202,985 shares of company stock worth $23,452,265 in the last ninety days. Company insiders own 1.70% of the company’s stock.

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.