Crestwood Advisors Group LLC Buys 7,839 Shares of Iron Mountain Incorporated $IRM

Crestwood Advisors Group LLC increased its stake in Iron Mountain Incorporated (NYSE:IRM) by 230.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,243 shares of the financial services provider’s stock after purchasing an additional 7,839 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Iron Mountain were worth $933,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Quent Capital LLC bought a new position in Iron Mountain in the 3rd quarter worth $27,000. Johnson Financial Group Inc. bought a new position in Iron Mountain in the 3rd quarter worth $32,000. Franchise GP Ltd bought a new position in Iron Mountain in the 4th quarter worth $38,000. Wealth Watch Advisors INC bought a new position in Iron Mountain in the 3rd quarter worth $44,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Iron Mountain in the 4th quarter worth $45,000. 80.13% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Iron Mountain news, EVP Mithu Bhargava sold 59,725 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president directly owned 16,054 shares of the company’s stock, valued at $1,679,569.48. This trade represents a 78.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO William L. Meaney sold 38,474 shares of Iron Mountain stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $102.71, for a total value of $3,951,664.54. Following the completion of the sale, the chief executive officer directly owned 38,474 shares in the company, valued at $3,951,664.54. This trade 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. Insiders sold 451,648 shares of company stock valued at $48,297,449 in the last ninety days. Insiders own 1.70% of the company’s stock.

Iron Mountain Stock Up 1.5%

NYSE:IRM opened at $128.69 on Friday. The business’s 50-day simple moving average is $109.85 and its two-hundred day simple moving average is $98.71. The stock has a market cap of $38.29 billion, a PE ratio of 141.42 and a beta of 1.20. Iron Mountain Incorporated has a 52 week low of $77.77 and a 52 week high of $134.09.

Iron Mountain (NYSE:IRM) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.93. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.The business’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period last year, the firm earned $1.17 earnings per share. 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. Sell-side analysts anticipate that Iron Mountain Incorporated will post 5.4 earnings per share for the current fiscal year.

Iron Mountain Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Monday, June 15th will be issued 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 yield of 2.7%. Iron Mountain’s dividend payout ratio (DPR) is currently 380.22%.

Iron Mountain News Roundup

Here are the key news stories impacting Iron Mountain this week:

• Positive Sentiment: Iron Mountain is being highlighted as a top long-term momentum stock, which can attract trend-following investors and support buying interest. Why Iron Mountain (IRM) is a top momentum stock for the long term
• Positive Sentiment: Chart-focused coverage says IRM remains in an uptrend, with the stock continuing to climb as overall market risk appetite stays firm and the shares outperform peers. Iron Mountain Stock Is Moving Today — Here’s What The Chart Is Signaling
• Positive Sentiment: Iron Mountain is also benefiting from a broader AI-data-center investment theme, with analysts pointing to its exposure to data center spending as a potential growth driver for REIT investors. 3 REITs to Watch as AI Data Center Spending Surpasses Office Construction
• Neutral Sentiment: One article noted the stock could log losses after a six-session rally, suggesting some short-term consolidation risk after the recent run-up. Iron Mountain on track to log losses after six-session rally

Analyst Ratings Changes

A number of brokerages recently commented on IRM. Zacks Research cut Iron Mountain from a “hold” rating to a “strong sell” rating in a report on Monday, April 13th. Wells Fargo & Company raised their target price on Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. Barclays raised their target price on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Finally, Truist Financial set a $140.00 target price on shares of Iron Mountain in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

About Iron Mountain

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.