16,995 Shares in Iron Mountain Incorporated $IRM Acquired by Capital Financial Group Inc. Co. ADV

Capital Financial Group Inc. Co. ADV purchased a new position in shares of Iron Mountain Incorporated (NYSE:IRM) during the fourth quarter, Holdings Channel reports. The firm purchased 16,995 shares of the financial services provider’s stock, valued at approximately $1,410,000.

A number of other hedge funds have also recently added to or reduced their stakes in IRM. Johnson Financial Group Inc. purchased a new position in Iron Mountain during the 3rd quarter worth approximately $32,000. Triumph Capital Management grew its stake in Iron Mountain by 1,056.8% during the 4th quarter. Triumph Capital Management now owns 428 shares of the financial services provider’s stock worth $35,000 after buying an additional 391 shares during the last quarter. Franchise GP Ltd purchased a new position in shares of Iron Mountain in the 4th quarter valued at approximately $38,000. Wealth Watch Advisors INC purchased a new position in shares of Iron Mountain in the 3rd quarter valued at approximately $44,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Iron Mountain in the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 80.13% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on IRM shares. Truist Financial set a $140.00 target price on Iron Mountain in a research note on Friday, May 1st. Loop Capital set a $130.00 target price on Iron Mountain in a research note on Wednesday, March 4th. JPMorgan Chase & Co. lifted their target price on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Barclays lifted their target price on Iron Mountain from $126.00 to $127.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Finally, Zacks Research upgraded Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Iron Mountain currently has an average rating of “Moderate Buy” and a consensus target price of $131.67.

Insider Transactions at Iron Mountain

In related news, Director Walter C. Rakowich sold 757 shares of Iron Mountain stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $124.45, for a total transaction of $94,208.65. Following the completion of the transaction, the director directly owned 1,135 shares of the company’s stock, valued at approximately $141,250.75. The trade was a 40.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 Iron Mountain stock in a transaction on Monday, June 1st. The stock was sold at an average price of $127.55, for a total value of $4,907,358.70. Following the transaction, the chief executive officer directly owned 38,474 shares of the company’s stock, valued at approximately $4,907,358.70. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 202,985 shares of company stock valued at $23,452,265. 1.70% of the stock is owned by company insiders.

Iron Mountain Price Performance

Iron Mountain stock opened at $126.22 on Tuesday. Iron Mountain Incorporated has a 1-year low of $77.77 and a 1-year high of $134.09. The company has a market cap of $37.55 billion, a PE ratio of 138.70 and a beta of 1.19. The stock’s 50 day moving average price is $121.49 and its 200 day moving average price is $104.19.

Iron Mountain (NYSE:IRM) last posted 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 negative return on equity of 91.56% and a net margin of 3.76%.The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the previous year, the business earned $1.17 earnings per share. The company’s revenue for the quarter 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, equities research analysts anticipate that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Dividend Announcement

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

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.