4,000 Shares in Iron Mountain Incorporated $IRM Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC bought a new position in Iron Mountain Incorporated (NYSE:IRM) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,000 shares of the financial services provider’s stock, valued at approximately $332,000.

Other hedge funds also recently bought and sold shares of the company. Johnson Financial Group Inc. bought a new stake in Iron Mountain in the 3rd quarter worth approximately $32,000. Franchise GP Ltd bought a new stake in Iron Mountain in the 4th quarter worth approximately $38,000. Wealth Watch Advisors INC bought a new stake in Iron Mountain in the 3rd quarter worth approximately $44,000. Kohmann Bosshard Financial Services LLC bought a new stake in Iron Mountain in the 4th quarter worth approximately $45,000. Finally, Global Wealth Strategies & Associates bought a new stake in Iron Mountain in the 4th quarter worth approximately $50,000. Institutional investors own 80.13% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on IRM. Wells Fargo & Company boosted their price objective on Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Iron Mountain in a research report on Tuesday, April 21st. Zacks Research upgraded Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Barclays boosted their price objective on Iron Mountain from $126.00 to $127.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Iron Mountain presently has a consensus rating of “Moderate Buy” and an average price target of $131.67.

Insiders Place Their Bets

In other news, EVP Mithu Bhargava sold 59,725 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $104.62, for a total transaction of $6,248,429.50. Following the transaction, the executive vice president directly owned 16,054 shares of the company’s stock, valued at approximately $1,679,569.48. The trade was a 78.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark Kidd sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $127.91, for a total value of $767,460.00. Following the transaction, the executive vice president directly owned 119,507 shares in the company, valued at $15,286,140.37. This trade represents a 4.78% 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 498,771 shares of company stock valued at $54,363,582 over the last three months. 1.70% of the stock is currently owned by corporate insiders.

Iron Mountain Stock Performance

Shares of IRM stock opened at $126.58 on Friday. Iron Mountain Incorporated has a fifty-two week low of $77.77 and a fifty-two week high of $134.09. The company has a market capitalization of $37.66 billion, a P/E ratio of 139.10 and a beta of 1.20. The stock has a 50 day moving average price of $113.86 and a two-hundred day moving average price of $100.48.

Iron Mountain (NYSE:IRM) last posted its 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 firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the previous year, the firm earned $1.17 earnings per share. The business’s 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. As a group, equities analysts predict that Iron Mountain Incorporated will post 5.4 earnings per share for the current year.

Iron Mountain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Stockholders of record on Monday, June 15th will be paid a dividend of $0.864 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.46 annualized dividend and a dividend yield of 2.7%. Iron Mountain’s payout ratio is 379.12%.

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.