73,516 Shares in Iron Mountain Incorporated $IRM Bought by Easterly Investment Partners LLC

Posted by Francis Steltz on Jun 1st, 2026

Easterly Investment Partners LLC acquired a new stake in shares of Iron Mountain Incorporated (NYSE:IRM – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 73,516 shares of the financial services provider’s stock, valued at approximately $6,098,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IRM. Norges Bank purchased a new position in Iron Mountain during the fourth quarter valued at $368,890,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Iron Mountain by 597.9% during the third 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. lifted its holdings in Iron Mountain by 66.5% during the fourth 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. lifted its holdings in Iron Mountain by 18.1% during the third 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, Centersquare Investment Management LLC lifted its holdings in Iron Mountain by 23.8% during the third quarter. Centersquare Investment Management LLC now owns 2,514,464 shares of the financial services provider’s stock valued at $256,324,000 after purchasing an additional 483,548 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 Iron Mountain news, CAO Daniel Borges sold 7,189 shares of Iron Mountain stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $125.50, for a total transaction of $902,219.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 Iron Mountain stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $127.91, for a total transaction of $767,460.00. Following the sale, the executive vice president owned 119,507 shares of the company’s stock, valued at approximately $15,286,140.37. This represents a 4.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 355,827 shares of company stock valued at $38,859,043. 1.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on IRM shares. Truist Financial set a $140.00 price objective on shares of Iron Mountain in a report on Friday, May 1st. Loop Capital set a $130.00 price objective on shares of Iron Mountain in a report on Wednesday, March 4th. Wells Fargo & Company increased their price objective on shares of Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. increased their price objective 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. Finally, Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $131.67.

View Our Latest Research Report on Iron Mountain

Iron Mountain Trading Down 0.1%

Iron Mountain stock opened at $128.15 on Monday. Iron Mountain Incorporated has a 12-month low of $77.77 and a 12-month high of $134.09. The stock has a market cap of $38.13 billion, a P/E ratio of 140.83 and a beta of 1.19. The company has a 50-day moving average price of $115.91 and a 200 day moving average price of $101.34.

Iron Mountain (NYSE:IRM – Get Free Report) last announced its quarterly earnings results 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. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same period last year, the business earned $1.17 earnings per share. The business’s revenue for the quarter was up 21.5% on a year-over-year basis. 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, analysts forecast that Iron Mountain Incorporated will post 5.4 EPS for the current year.

Iron Mountain Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Monday, June 15th will be given a dividend of $0.864 per share. The ex-dividend date is Monday, June 15th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 2.7%. Iron Mountain’s dividend payout ratio (DPR) is currently 380.22%.

Iron Mountain Profile

(Free Report)

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.