Diversify Wealth Management LLC Has $880,000 Stake in Iron Mountain Incorporated $IRM

Diversify Wealth Management LLC raised its position in shares of Iron Mountain Incorporated (NYSE:IRM) by 219.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,615 shares of the financial services provider’s stock after acquiring an additional 5,915 shares during the quarter. Diversify Wealth Management LLC’s holdings in Iron Mountain were worth $880,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Garton & Associates Financial Advisors LLC bought a new stake in Iron Mountain in the fourth quarter worth approximately $25,000. Beaird Harris Wealth Management LLC boosted its holdings in shares of Iron Mountain by 17,500.0% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock worth $29,000 after buying an additional 350 shares in the last quarter. Johnson Financial Group Inc. bought a new position in shares of Iron Mountain during the 3rd quarter worth approximately $32,000. Bayban acquired a new stake in shares of Iron Mountain during the 4th quarter worth approximately $33,000. Finally, DV Equities LLC acquired a new stake in shares of Iron Mountain during the 4th quarter worth approximately $34,000. 80.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Mark Kidd sold 6,000 shares of the business’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 completion of the sale, the executive vice president directly owned 119,507 shares of the company’s stock, valued at $15,286,140.37. The trade was a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Pamela M. Arway sold 1,892 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $128.97, for a total transaction of $244,011.24. Following the completion of the sale, the director owned 40,196 shares in the company, valued at $5,184,078.12. This represents a 4.50% 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. Over the last three months, insiders sold 137,260 shares of company stock valued at $17,361,672. 1.70% of the stock is currently owned by insiders.

Iron Mountain Stock Down 1.5%

NYSE IRM opened at $121.66 on Friday. Iron Mountain Incorporated has a 52 week low of $77.77 and a 52 week high of $134.68. The business has a 50 day moving average price of $125.56 and a 200-day moving average price of $110.88. The company has a market cap of $36.20 billion, a price-to-earnings ratio of 133.69 and a beta of 1.19.

Iron Mountain (NYSE:IRM) last issued its earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.10. The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the business earned $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. On average, equities research analysts anticipate that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 15th were issued a dividend of $0.864 per share. This represents a $3.46 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, June 15th. Iron Mountain’s dividend payout ratio (DPR) is currently 380.22%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on IRM shares. Wall Street Zen upgraded shares of Iron Mountain from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. JPMorgan Chase & Co. raised their price target on shares of Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Wells Fargo & Company lifted their price target on shares of Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Weiss Ratings lowered shares of Iron Mountain from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, July 9th. Finally, Barclays increased their price objective on shares of Iron Mountain from $127.00 to $143.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Iron Mountain has a consensus rating of “Moderate Buy” and an average target price of $134.33.

Iron Mountain 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.