4,061 Shares in Iron Mountain Incorporated $IRM Purchased by BDFS Capital LLC

BDFS Capital LLC purchased a new position in Iron Mountain Incorporated (NYSE:IRM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,061 shares of the financial services provider’s stock, valued at approximately $340,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Beaird Harris Wealth Management LLC lifted its holdings in shares of Iron Mountain by 17,500.0% in the fourth 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. Compound Planning Inc. boosted its position in shares of Iron Mountain by 121.7% during the fourth quarter. Compound Planning Inc. now owns 9,018 shares of the financial services provider’s stock worth $748,000 after acquiring an additional 4,950 shares during the last quarter. Corient Private Wealth LLC grew its stake in Iron Mountain by 29.5% during the fourth quarter. Corient Private Wealth LLC now owns 262,254 shares of the financial services provider’s stock valued at $21,754,000 after acquiring an additional 59,730 shares in the last quarter. Strive Financial Group LLC bought a new stake in Iron Mountain in the 4th quarter valued at $44,000. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Iron Mountain by 12.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 75,680 shares of the financial services provider’s stock valued at $6,278,000 after acquiring an additional 8,164 shares during the last quarter. 80.13% of the stock is currently owned by institutional investors.

Iron Mountain Stock Up 1.9%

Iron Mountain stock opened at $127.78 on Friday. Iron Mountain Incorporated has a 52-week low of $77.77 and a 52-week high of $134.09. The firm’s fifty day moving average is $122.88 and its 200 day moving average is $105.05. The company has a market cap of $38.02 billion, a price-to-earnings ratio of 140.42 and a beta of 1.19.

Iron Mountain (NYSE:IRM) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 EPS for the quarter, topping 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 business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same period last year, the company posted $1.17 EPS. The business’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 anticipate that Iron Mountain Incorporated will post 5.4 earnings per share for the current fiscal year.

Iron Mountain Announces Dividend

The business 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 $0.864 dividend. The ex-dividend date is Monday, June 15th. This represents a $3.46 annualized dividend and a yield of 2.7%. Iron Mountain’s dividend payout ratio (DPR) is currently 380.22%.

Insider Activity at Iron Mountain

In other news, Director Walter C. Rakowich sold 757 shares of Iron Mountain stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $124.45, for a total value of $94,208.65. Following the completion of the transaction, the director owned 1,135 shares in the company, valued at approximately $141,250.75. The trade was a 40.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $125.50, for a total value 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 sold a total of 143,260 shares of company stock valued at $17,203,835 over the last ninety days. 1.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on IRM shares. Wall Street Zen downgraded shares of Iron Mountain from a “buy” rating to a “hold” rating in a report on Sunday, June 14th. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. Barclays boosted their target price on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Truist Financial set a $140.00 price target on Iron Mountain in a research note on Friday, May 1st. Finally, Wells Fargo & Company raised their price target on Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Four equities research 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.67.

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.