PGGM Investments Lowers Position in Iron Mountain Incorporated $IRM

Posted by George Bondi on May 26th, 2026

PGGM Investments cut its stake in Iron Mountain Incorporated (NYSE:IRM – Free Report) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,657,159 shares of the financial services provider’s stock after selling 27,622 shares during the quarter. Iron Mountain accounts for about 2.2% of PGGM Investments’ portfolio, making the stock its 16th biggest position. PGGM Investments’ holdings in Iron Mountain were worth $137,461,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Koshinski Asset Management Inc. raised its stake in shares of Iron Mountain by 2.0% in the third quarter. Koshinski Asset Management Inc. now owns 5,108 shares of the financial services provider’s stock worth $521,000 after purchasing an additional 98 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of Iron Mountain by 1.6% in the third quarter. Coldstream Capital Management Inc. now owns 7,506 shares of the financial services provider’s stock worth $765,000 after purchasing an additional 121 shares during the last quarter. Personal CFO Solutions LLC raised its stake in shares of Iron Mountain by 5.3% in the third quarter. Personal CFO Solutions LLC now owns 2,450 shares of the financial services provider’s stock worth $250,000 after purchasing an additional 124 shares during the last quarter. Clearstead Advisors LLC raised its stake in shares of Iron Mountain by 7.5% in the fourth quarter. Clearstead Advisors LLC now owns 1,767 shares of the financial services provider’s stock worth $147,000 after purchasing an additional 124 shares during the last quarter. Finally, Cromwell Holdings LLC raised its stake in shares of Iron Mountain by 16.0% in the fourth quarter. Cromwell Holdings LLC now owns 999 shares of the financial services provider’s stock worth $84,000 after purchasing an additional 138 shares during the last quarter. 80.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Iron Mountain

In other Iron Mountain news, EVP Mark Kidd sold 6,000 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $127.91, for a total transaction of $767,460.00. Following the completion of the transaction, the executive vice president directly 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 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, Director Jennifer Allerton sold 7,000 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $108.88, for a total value of $762,160.00. Following the transaction, the director directly owned 11,541 shares of the company’s stock, valued at approximately $1,256,584.08. This trade represents a 37.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 498,771 shares of company stock valued at $54,363,582 in the last three months. 1.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

IRM has been the subject of several analyst reports. Wells Fargo & Company increased their price objective on Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Iron Mountain in a research note on Tuesday, April 21st. Truist Financial set a $140.00 target price on Iron Mountain in a report on Friday, May 1st. Barclays upped their target price on Iron Mountain from $126.00 to $127.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Finally, JPMorgan Chase & Co. upped their target price on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Iron Mountain has an average rating of “Moderate Buy” and a consensus price target of $131.67.

Check Out Our Latest Stock Report on IRM

Iron Mountain Stock Up 0.1%

IRM stock opened at $126.58 on Tuesday. The firm has a market cap of $37.66 billion, a PE ratio of 139.10 and a beta of 1.20. The business has a 50 day moving average of $114.25 and a 200-day moving average of $100.62. Iron Mountain Incorporated has a 12-month low of $77.77 and a 12-month high of $134.09.

Iron Mountain (NYSE:IRM – Get Free Report) last released 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 company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.Iron Mountain’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.17 earnings per share. 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, research analysts expect that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Monday, June 15th will be issued a dividend of $0.864 per share. This represents a $3.46 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. Iron Mountain’s dividend payout ratio is 380.22%.

About Iron Mountain

(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.