Epoch Investment Partners Inc. Sells 20,903 Shares of Iron Mountain Incorporated $IRM

Epoch Investment Partners Inc. trimmed its stake in Iron Mountain Incorporated (NYSE:IRM) by 3.2% in the fourth quarter, HoldingsChannel reports. The firm owned 629,854 shares of the financial services provider’s stock after selling 20,903 shares during the period. Epoch Investment Partners Inc.’s holdings in Iron Mountain were worth $52,246,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Koshinski Asset Management Inc. grew its holdings in 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 period. Rothschild Investment LLC grew its holdings in Iron Mountain by 15.4% in the fourth quarter. Rothschild Investment LLC now owns 780 shares of the financial services provider’s stock worth $65,000 after purchasing an additional 104 shares during the period. Corrado Advisors LLC grew its holdings in Iron Mountain by 0.6% in the fourth quarter. Corrado Advisors LLC now owns 19,856 shares of the financial services provider’s stock worth $1,647,000 after purchasing an additional 110 shares during the period. Coldstream Capital Management Inc. grew its holdings in 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 period. Finally, Personal CFO Solutions LLC grew its holdings in 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 period. 80.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Zacks Research upgraded shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. Weiss Ratings restated a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. Wells Fargo & Company raised their price target on shares of Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Truist Financial set a $140.00 price target on shares of Iron Mountain in a report on Friday, May 1st. Finally, Wall Street Zen cut shares of Iron Mountain from a “buy” rating to a “hold” rating in a report on Sunday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

Iron Mountain Price Performance

IRM opened at $127.20 on Monday. The company’s 50-day moving average is $121.04 and its 200 day moving average is $103.90. Iron Mountain Incorporated has a fifty-two week low of $77.77 and a fifty-two week high of $134.09. The firm has a market capitalization of $37.85 billion, a P/E ratio of 139.78 and a beta of 1.19.

Iron Mountain (NYSE:IRM) last released 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 company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the firm earned $1.17 earnings per share. The firm’s revenue 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. On average, equities 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 declared a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 15th will be given a dividend of $0.864 per share. This represents a $3.46 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. Iron Mountain’s dividend payout ratio (DPR) is presently 380.22%.

Insider Activity at Iron Mountain

In related news, EVP Mark Kidd sold 6,000 shares of the firm’s 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 transaction, the executive vice president directly owned 119,507 shares of the company’s stock, valued at $15,286,140.37. This trade represents a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William L. Meaney sold 38,474 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $102.71, for a total transaction of $3,951,664.54. Following the transaction, the chief executive officer directly owned 38,474 shares in the company, valued at $3,951,664.54. The trade was a 50.00% 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. Insiders sold 202,985 shares of company stock valued at $23,452,265 over the last three months. Insiders own 1.70% of the company’s stock.

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.