United Capital Financial Advisors LLC Buys Shares of 172,265 Iron Mountain Incorporated $IRM

United Capital Financial Advisors LLC acquired a new stake in Iron Mountain Incorporated (NYSE:IRM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 172,265 shares of the financial services provider’s stock, valued at approximately $21,759,000. United Capital Financial Advisors LLC owned about 0.06% of Iron Mountain at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC bought a new position in shares of Iron Mountain during the fourth quarter worth about $25,000. Bell Investment Advisors Inc bought a new stake in Iron Mountain during the 2nd quarter worth about $26,000. Meeder Asset Management Inc. acquired a new stake in shares of Iron Mountain during the 2nd quarter worth approximately $27,000. Beaird Harris Wealth Management LLC lifted its stake in Iron Mountain by 17,500.0% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock valued at $29,000 after buying an additional 350 shares during the period. Finally, Dynamic Wealth Strategies LLC acquired a new position in Iron Mountain during the first quarter valued at approximately $31,000. Hedge funds and other institutional investors own 80.13% of the company’s stock.

Wall Street Analyst Weigh In

IRM has been the topic of several research reports. 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. Barclays upped their target price on shares of Iron Mountain from $127.00 to $143.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Wells Fargo & Company upped their price objective on Iron Mountain from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Wall Street Zen lowered Iron Mountain from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $137.67.

Iron Mountain Price Performance

Shares of NYSE:IRM opened at $122.72 on Friday. Iron Mountain Incorporated has a one year low of $77.77 and a one year high of $134.68. The company has a market cap of $36.53 billion, a price-to-earnings ratio of 87.66 and a beta of 1.20. The firm has a 50 day simple moving average of $124.09 and a 200 day simple moving average of $118.14.

Iron Mountain (NYSE:IRM) last announced its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.60 EPS 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 firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.97 billion. During the same period last year, the firm posted $1.24 earnings per share. The business’s revenue for the quarter 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. As a group, analysts expect that Iron Mountain Incorporated will post 5.42 EPS for the current year.

Iron Mountain Dividend Announcement

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

Insider Buying and Selling

In other news, CEO William L. Meaney sold 38,474 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $121.67, for a total value of $4,681,131.58. Following the transaction, the chief executive officer owned 38,474 shares in the company, valued at approximately $4,681,131.58. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Kidd sold 6,000 shares of the business’s stock in a transaction 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 owned 101,507 shares in the company, valued at approximately $12,454,908.90. The trade was 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 have sold a total of 127,422 shares of company stock valued at $15,810,652 in the last three months. Insiders own 1.70% of the company’s stock.

Iron Mountain Company 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.