MUFG Securities EMEA plc Purchases 6,469 Shares of Iron Mountain Incorporated $IRM

MUFG Securities EMEA plc increased its position in Iron Mountain Incorporated (NYSE:IRM) by 114.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,122 shares of the financial services provider’s stock after buying an additional 6,469 shares during the period. MUFG Securities EMEA plc’s holdings in Iron Mountain were worth $1,006,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IRM. Texas Yale Capital Corp. lifted its stake in Iron Mountain by 162.0% in the 4th quarter. Texas Yale Capital Corp. now owns 13,505 shares of the financial services provider’s stock worth $1,120,000 after purchasing an additional 8,350 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Iron Mountain by 6.8% in the 4th quarter. BNP Paribas Financial Markets now owns 562,253 shares of the financial services provider’s stock worth $46,639,000 after purchasing an additional 35,983 shares in the last quarter. Gulf International Bank UK Ltd lifted its stake in Iron Mountain by 1.1% in the 4th quarter. Gulf International Bank UK Ltd now owns 14,849 shares of the financial services provider’s stock worth $1,232,000 after purchasing an additional 159 shares in the last quarter. Norges Bank purchased a new stake in Iron Mountain in the 4th quarter worth $368,890,000. Finally, Eurizon SLJ Capital Ltd purchased a new stake in Iron Mountain in the 4th quarter worth $75,000. Institutional investors own 80.13% of the company’s stock.

Iron Mountain Trading Up 1.5%

Shares of NYSE IRM opened at $128.32 on Wednesday. The firm’s 50-day moving average price is $116.32 and its 200-day moving average price is $101.52. The stock has a market capitalization of $38.18 billion, a price-to-earnings ratio of 141.01 and a beta of 1.19. Iron Mountain Incorporated has a 12-month low of $77.77 and a 12-month high of $134.09.

Iron Mountain (NYSE:IRM) last announced its earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.10. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The business’s revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the company 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 given a dividend of $0.864 per share. This represents a $3.46 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. Iron Mountain’s dividend payout ratio is currently 380.22%.

Insider Buying and Selling

In related news, CEO William L. Meaney sold 38,474 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $127.55, for a total value of $4,907,358.70. Following the sale, the chief executive officer directly owned 38,474 shares of the company’s stock, valued at $4,907,358.70. This represents a 50.00% decrease in their position. 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, Director Pamela M. Arway sold 1,892 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $128.97, for a total transaction of $244,011.24. Following the completion of the sale, the director directly owned 40,196 shares in the company, valued at $5,184,078.12. This trade represents a 4.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 301,642 shares of company stock worth $33,934,571 over the last three months. 1.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have commented on IRM. JPMorgan Chase & Co. boosted their price target on shares of Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Barclays boosted their price target on shares of Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Truist Financial set a $140.00 target price on shares of Iron Mountain in a research report on Friday, May 1st. Weiss Ratings restated a “hold (c)” rating on shares of Iron Mountain in a research report on Tuesday, April 21st. Finally, Zacks Research upgraded shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $131.67.

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.