Fiduciary Family Office LLC Sells 4,324 Shares of Iron Mountain Incorporated $IRM

Fiduciary Family Office LLC cut its stake in shares of Iron Mountain Incorporated (NYSE:IRMFree Report) by 49.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,362 shares of the financial services provider’s stock after selling 4,324 shares during the quarter. Fiduciary Family Office LLC’s holdings in Iron Mountain were worth $362,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in IRM. Johnson Financial Group Inc. bought a new stake in shares of Iron Mountain in the 3rd quarter worth about $32,000. Franchise GP Ltd bought a new position in Iron Mountain during the 4th quarter valued at about $38,000. Wealth Watch Advisors INC bought a new position in Iron Mountain during the 3rd quarter valued at about $44,000. Kohmann Bosshard Financial Services LLC acquired a new position in Iron Mountain in the fourth quarter valued at about $45,000. Finally, Global Wealth Strategies & Associates bought a new stake in Iron Mountain during the fourth quarter worth about $50,000. Institutional investors and hedge funds own 80.13% of the company’s stock.

Insider Buying and Selling

In related news, CAO Daniel Borges sold 7,189 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $125.50, for a total value of $902,219.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Walter C. Rakowich sold 757 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were 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. This represents a 40.01% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 301,642 shares of company stock worth $33,934,571. 1.70% of the stock is currently owned by company insiders.

Iron Mountain Trading Up 1.5%

IRM opened at $128.32 on Wednesday. Iron Mountain Incorporated has a 1-year low of $77.77 and a 1-year high of $134.09. The stock has a market capitalization of $38.18 billion, a PE ratio of 141.01 and a beta of 1.19. The firm has a 50-day moving average price of $116.32 and a two-hundred day moving average price of $101.52.

Iron Mountain (NYSE:IRMGet Free Report) last announced its earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.10. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.86 billion. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. Iron Mountain’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period in the prior year, the business 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. On average, research analysts predict that Iron Mountain Incorporated will post 5.4 EPS for the current year.

Iron Mountain Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Monday, June 15th will be given a $0.864 dividend. This represents a $3.46 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, June 15th. Iron Mountain’s dividend payout ratio (DPR) is presently 380.22%.

Wall Street Analyst Weigh In

IRM has been the subject of several recent analyst reports. Barclays raised their price objective on shares of Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. JPMorgan Chase & Co. increased their price target on Iron Mountain from $121.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. Wells Fargo & Company lifted 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. Finally, Truist Financial set a $140.00 target price on Iron Mountain in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $131.67.

View Our Latest Research Report on Iron Mountain

Iron Mountain Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Iron Mountain (NYSE:IRM)

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