Fieldview Capital Management LLC Boosts Stake in Iron Mountain Incorporated $IRM

Fieldview Capital Management LLC grew its stake in shares of Iron Mountain Incorporated (NYSE:IRM) by 20.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,518 shares of the financial services provider’s stock after buying an additional 6,187 shares during the quarter. Fieldview Capital Management LLC’s holdings in Iron Mountain were worth $3,029,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Koshinski Asset Management Inc. raised its position in Iron Mountain by 2.0% in the 3rd 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 increased its position in shares of Iron Mountain by 15.4% during the fourth quarter. Rothschild Investment LLC now owns 780 shares of the financial services provider’s stock valued at $65,000 after buying an additional 104 shares during the period. Corrado Advisors LLC increased its position in shares of Iron Mountain by 0.6% during the fourth quarter. Corrado Advisors LLC now owns 19,856 shares of the financial services provider’s stock valued at $1,647,000 after buying an additional 110 shares during the period. Coldstream Capital Management Inc. increased its position in shares of Iron Mountain by 1.6% during the third quarter. Coldstream Capital Management Inc. now owns 7,506 shares of the financial services provider’s stock valued at $765,000 after buying an additional 121 shares during the period. Finally, Personal CFO Solutions LLC boosted its stake in Iron Mountain by 5.3% during the third quarter. Personal CFO Solutions LLC now owns 2,450 shares of the financial services provider’s stock worth $250,000 after acquiring an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 80.13% of the company’s stock.

Iron Mountain Stock Up 1.6%

Shares of IRM stock opened at $127.20 on Friday. Iron Mountain Incorporated has a 52 week low of $77.77 and a 52 week high of $134.09. The company’s fifty day simple moving average is $121.04 and its two-hundred day simple moving average is $103.77. The stock has a market cap 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 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. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same quarter last year, the business earned $1.17 earnings per share. Iron Mountain’s quarterly revenue was up 21.5% compared to the same quarter last year. 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, analysts anticipate that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 15th will be issued a $0.864 dividend. This represents a $3.46 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. Iron Mountain’s dividend payout ratio (DPR) is 380.22%.

Analysts Set New Price Targets

Several equities research analysts recently commented on IRM shares. Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. boosted their price objective 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. Loop Capital set a $130.00 price objective on shares of Iron Mountain in a report on Wednesday, March 4th. Wall Street Zen cut shares of Iron Mountain from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Truist Financial set a $140.00 price objective on shares of Iron Mountain in a research note on Friday, May 1st. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

Insider Transactions at Iron Mountain

In related news, CEO William L. Meaney sold 38,474 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $127.55, for a total value of $4,907,358.70. Following the transaction, the chief executive officer owned 38,474 shares of the company’s stock, valued at $4,907,358.70. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Daniel Borges sold 7,189 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $125.50, for a total transaction of $902,219.50. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 202,985 shares of company stock worth $23,452,265. 1.70% of the stock is currently owned by insiders.

Iron Mountain Company 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.