Iron Mountain Incorporated $IRM Shares Acquired by Lido Advisors LLC

Lido Advisors LLC increased its stake in shares of Iron Mountain Incorporated (NYSE:IRM) by 23.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,708 shares of the financial services provider’s stock after acquiring an additional 3,993 shares during the quarter. Lido Advisors LLC’s holdings in Iron Mountain were worth $2,131,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Garton & Associates Financial Advisors LLC purchased a new position in shares of Iron Mountain during the fourth quarter worth about $25,000. Beaird Harris Wealth Management LLC lifted its holdings in shares of Iron Mountain by 17,500.0% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 350 shares during the last quarter. Dynamic Wealth Strategies LLC acquired a new stake in shares of Iron Mountain in the 1st quarter valued at about $31,000. Johnson Financial Group Inc. acquired a new stake in shares of Iron Mountain in the 3rd quarter valued at about $32,000. Finally, Bayban purchased a new position in Iron Mountain during the 4th quarter worth approximately $33,000. 80.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

IRM has been the subject of a number of research reports. Truist Financial set a $140.00 price objective on Iron Mountain in a research note on Friday, May 1st. Zacks Research upgraded shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. lifted their target price 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. Barclays upped their price target on shares of Iron Mountain from $127.00 to $143.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings cut shares of Iron Mountain from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, July 9th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Iron Mountain currently has an average rating of “Moderate Buy” and a consensus price target of $134.33.

Iron Mountain Price Performance

Shares of NYSE IRM opened at $128.33 on Monday. The stock has a fifty day moving average price of $125.31 and a 200 day moving average price of $112.65. Iron Mountain Incorporated has a 1-year low of $77.77 and a 1-year high of $134.68. The company has a market cap of $38.18 billion, a PE ratio of 141.03 and a beta of 1.19.

Iron Mountain (NYSE:IRM) 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 firm 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 revenue for the quarter was up 21.5% compared to the same quarter last year. During the same quarter last year, the business earned $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. Analysts anticipate that Iron Mountain Incorporated will post 5.4 earnings per share for the current fiscal year.

Iron Mountain Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 15th were paid a $0.864 dividend. This represents a $3.46 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 15th. Iron Mountain’s dividend payout ratio is presently 380.22%.

Insider Transactions at Iron Mountain

In other Iron Mountain news, 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 value of $902,219.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William L. Meaney sold 38,474 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $122.83, for a total transaction of $4,725,761.42. Following the completion of the sale, the chief executive officer owned 38,474 shares in the company, valued at $4,725,761.42. This represents a 50.00% decrease in their ownership of the stock. 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 sold 137,260 shares of company stock worth $17,361,672 in the last 90 days. 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.