Iron Mountain Incorporated $IRM Holdings Raised by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Iron Mountain Incorporated (NYSE:IRM) by 55.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 79,921 shares of the financial services provider’s stock after buying an additional 28,595 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Iron Mountain were worth $8,163,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Garton & Associates Financial Advisors LLC acquired a new position in Iron Mountain during the 4th quarter valued at about $25,000. Beaird Harris Wealth Management LLC lifted its stake 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 worth $29,000 after acquiring an additional 350 shares during the period. Johnson Financial Group Inc. bought a new position in shares of Iron Mountain in the third quarter valued at approximately $32,000. Bayban bought a new position in shares of Iron Mountain in the fourth quarter valued at approximately $33,000. Finally, DV Equities LLC acquired a new position in shares of Iron Mountain during the fourth quarter valued at approximately $34,000. Institutional investors own 80.13% of the company’s stock.

Iron Mountain Stock Performance

Shares of NYSE:IRM opened at $117.13 on Monday. The stock has a market capitalization of $34.85 billion, a price-to-earnings ratio of 128.71 and a beta of 1.19. Iron Mountain Incorporated has a 1-year low of $77.77 and a 1-year high of $134.68. The company has a 50 day moving average price of $125.74 and a 200 day moving average price of $108.38.

Iron Mountain (NYSE:IRM) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the company earned $1.17 earnings per share. The firm’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, sell-side analysts expect that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 15th will be given a dividend of $0.864 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 3.0%. Iron Mountain’s payout ratio is 380.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Barclays boosted their target price on Iron Mountain from $127.00 to $143.00 and gave the stock an “overweight” rating in a report on Wednesday. Zacks Research upgraded Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Truist Financial set a $140.00 price objective on Iron Mountain in a report on Friday, May 1st. Wells Fargo & Company raised their target price on Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. lifted their target price on Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Iron Mountain has an average rating of “Moderate Buy” and an average target price of $134.33.

Insider Buying and Selling at Iron Mountain

In other Iron Mountain news, Director Pamela M. Arway sold 1,892 shares of the business’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 sale, the director owned 40,196 shares in the company, valued at approximately $5,184,078.12. The trade was a 4.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William L. Meaney sold 38,474 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 38,474 shares of the company’s stock, valued at $4,725,761.42. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 137,260 shares of company stock valued at $17,361,672 over the last 90 days. 1.70% of the stock is 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.