Hilton Head Capital Partners LLC Takes $342,000 Position in Iron Mountain Incorporated $IRM

Hilton Head Capital Partners LLC bought a new stake in shares of Iron Mountain Incorporated (NYSE:IRM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,120 shares of the financial services provider’s stock, valued at approximately $342,000.

Several other institutional investors have also recently made changes to their positions in IRM. Norges Bank purchased a new position in shares of Iron Mountain during the 4th quarter valued at approximately $368,890,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Iron Mountain by 597.9% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,161,589 shares of the financial services provider’s stock valued at $322,292,000 after purchasing an additional 2,708,560 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Iron Mountain by 66.5% during the 4th quarter. Principal Financial Group Inc. now owns 4,207,596 shares of the financial services provider’s stock valued at $349,021,000 after purchasing an additional 1,680,438 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Iron Mountain by 18.1% during the 3rd quarter. Invesco Ltd. now owns 5,066,516 shares of the financial services provider’s stock valued at $516,481,000 after purchasing an additional 776,933 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in shares of Iron Mountain by 16.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 3,654,086 shares of the financial services provider’s stock valued at $303,106,000 after purchasing an additional 502,998 shares in the last quarter. 80.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Iron Mountain

In other news, Director Walter C. Rakowich sold 757 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $124.45, for a total transaction of $94,208.65. Following the completion of the sale, the director owned 1,135 shares of the company’s stock, valued at $141,250.75. This represents a 40.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Kidd sold 6,000 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $126.70, for a total transaction of $760,200.00. Following the sale, the executive vice president directly owned 113,507 shares of the company’s stock, valued at $14,381,336.90. The trade was a 5.02% decrease in their position. 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 three months, insiders have sold 202,985 shares of company stock valued at $23,452,265. 1.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on IRM shares. JPMorgan Chase & Co. lifted their target price on shares of Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. Wall Street Zen raised shares of Iron Mountain from a “hold” rating to a “buy” rating in a report on Saturday. Wells Fargo & Company boosted their price target on shares of Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

Iron Mountain Stock Performance

Shares of NYSE IRM opened at $124.82 on Monday. The firm has a market cap of $37.14 billion, a PE ratio of 137.16 and a beta of 1.19. The firm has a fifty day moving average of $118.50 and a 200 day moving average of $102.51. Iron Mountain Incorporated has a one year low of $77.77 and a one year high of $134.09.

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

Iron Mountain Dividend Announcement

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

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.