OneDigital Investment Advisors LLC Makes New Investment in Iron Mountain Incorporated $IRM

OneDigital Investment Advisors LLC bought a new stake in shares of Iron Mountain Incorporated (NYSE:IRM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,979 shares of the financial services provider’s stock, valued at approximately $629,000.

Other hedge funds have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund raised its holdings in shares of Iron Mountain by 0.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 33,889 shares of the financial services provider’s stock worth $3,461,000 after buying an additional 100 shares during the period. Rothschild Investment LLC boosted its holdings in Iron Mountain by 15.4% during the 4th quarter. Rothschild Investment LLC now owns 780 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 104 shares during the period. Meeder Advisory Services Inc. boosted 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 acquiring an additional 107 shares during the period. Corrado Advisors LLC grew its position in Iron Mountain by 0.6% in the 4th quarter. Corrado Advisors LLC now owns 19,856 shares of the financial services provider’s stock valued at $1,647,000 after acquiring an additional 110 shares during the last quarter. Finally, Essential Partners LLC increased its stake in Iron Mountain by 24.4% in the first quarter. Essential Partners LLC now owns 561 shares of the financial services provider’s stock worth $57,000 after purchasing an additional 110 shares during the period. Institutional investors own 80.13% of the company’s stock.

Iron Mountain Stock Down 2.3%

IRM opened at $126.94 on Wednesday. The stock’s fifty day moving average is $124.70 and its two-hundred day moving average is $116.62. The company has a market capitalization of $37.79 billion, a P/E ratio of 90.68 and a beta of 1.20. Iron Mountain Incorporated has a 52 week low of $77.77 and a 52 week 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 for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. Iron Mountain had a negative return on equity of 85.44% and a net margin of 5.54%.The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same period in the previous year, the company posted $1.24 EPS. Iron Mountain’s revenue was up 18.5% on a year-over-year basis. 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 earnings per share for the current year.

Iron Mountain Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Tuesday, September 15th will be issued a $0.864 dividend. This represents a $3.46 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 15th. Iron Mountain’s payout ratio is presently 247.14%.

Analysts Set New Price Targets

Several analysts have recently weighed in on IRM shares. Wall Street Zen downgraded Iron Mountain from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Wells Fargo & Company upped their price target on shares of Iron Mountain from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Truist Financial set a $140.00 price objective on shares of Iron Mountain in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Iron Mountain has a consensus rating of “Moderate Buy” and a consensus target price of $135.17.

Insider Buying and Selling

In related news, EVP Mark Kidd sold 6,000 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $122.70, for a total value of $736,200.00. Following the completion of the sale, the executive vice president directly owned 101,507 shares of the company’s stock, valued at $12,454,908.90. This represents a 5.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Daniel Borges sold 7,189 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $125.50, for a total transaction of $902,219.50. 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 134,611 shares of company stock valued at $16,712,871 over the last three months. 1.70% of the stock is owned by company insiders.

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.