Heritage Trust Co Acquires 6,652 Shares of Iron Mountain Incorporated $IRM

Posted by Brian Himes on Jun 3rd, 2026

Heritage Trust Co raised its position in Iron Mountain Incorporated (NYSE:IRM – Free Report) by 31.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,806 shares of the financial services provider’s stock after acquiring an additional 6,652 shares during the quarter. Heritage Trust Co’s holdings in Iron Mountain were worth $2,307,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IRM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Iron Mountain by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,904 shares of the financial services provider’s stock worth $2,573,000 after purchasing an additional 1,286 shares during the period. Empowered Funds LLC grew its holdings in shares of Iron Mountain by 10.3% during the first quarter. Empowered Funds LLC now owns 5,728 shares of the financial services provider’s stock valued at $493,000 after buying an additional 537 shares during the last quarter. Woodline Partners LP lifted its position in Iron Mountain by 41.0% during the first quarter. Woodline Partners LP now owns 24,742 shares of the financial services provider’s stock valued at $2,129,000 after purchasing an additional 7,193 shares during the period. EverSource Wealth Advisors LLC lifted its position in Iron Mountain by 29.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,322 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 300 shares during the period. Finally, Cerity Partners LLC lifted its position in Iron Mountain by 3.6% during the second quarter. Cerity Partners LLC now owns 35,292 shares of the financial services provider’s stock valued at $3,620,000 after purchasing an additional 1,222 shares during the period. Hedge funds and other institutional investors own 80.13% of the company’s stock.

Insider Transactions at Iron Mountain

In related news, Director Walter C. Rakowich sold 757 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $124.45, for a total value of $94,208.65. Following the completion of the sale, the director owned 1,135 shares of the company’s stock, valued at approximately $141,250.75. This represents a 40.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Daniel Borges sold 7,189 shares of the company’s 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 355,827 shares of company stock valued at $38,859,043 in the last three months. 1.70% of the stock is currently owned by corporate insiders.

Iron Mountain Trading Down 1.7%

NYSE:IRM opened at $126.07 on Tuesday. The company has a market cap of $37.51 billion, a PE ratio of 138.54 and a beta of 1.19. Iron Mountain Incorporated has a twelve month low of $77.77 and a twelve month high of $134.09. The company’s 50 day moving average is $116.32 and its two-hundred day moving average is $101.52.

Iron Mountain (NYSE:IRM – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 EPS for the quarter, beating the consensus estimate of $0.50 by $0.10. The business had revenue of $1.94 billion during 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 quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the previous year, the business posted $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. As a group, analysts expect that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 3rd. Investors of record on Monday, June 15th will be issued a $0.864 dividend. The ex-dividend date of this dividend 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 is currently 379.12%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on IRM shares. Zacks Research upgraded shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Loop Capital set a $130.00 price objective on shares of Iron Mountain in a research note 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 stock an “overweight” rating in a research note on Tuesday, April 21st. Truist Financial set a $140.00 target price on shares of Iron Mountain in a research note on Friday, May 1st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $131.67.

Read Our Latest Analysis on Iron Mountain

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.