Iron Mountain Incorporated $IRM Shares Sold by Investor s Fiduciary Advisor Network LLC

Investor s Fiduciary Advisor Network LLC trimmed its position in Iron Mountain Incorporated (NYSE:IRM) by 21.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,270 shares of the financial services provider’s stock after selling 4,357 shares during the period. Investor s Fiduciary Advisor Network LLC’s holdings in Iron Mountain were worth $2,055,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Iron Mountain by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,904 shares of the financial services provider’s stock worth $2,573,000 after acquiring an additional 1,286 shares during the last quarter. Empowered Funds LLC grew its stake in Iron Mountain by 10.3% in the 1st quarter. Empowered Funds LLC now owns 5,728 shares of the financial services provider’s stock worth $493,000 after acquiring an additional 537 shares during the period. Woodline Partners LP raised its holdings in Iron Mountain by 41.0% in the 1st quarter. Woodline Partners LP now owns 24,742 shares of the financial services provider’s stock valued at $2,129,000 after acquiring an additional 7,193 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Iron Mountain by 29.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,322 shares of the financial services provider’s stock worth $136,000 after purchasing an additional 300 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of Iron Mountain by 3.6% during the 2nd quarter. Cerity Partners LLC now owns 35,292 shares of the financial services provider’s stock worth $3,620,000 after purchasing an additional 1,222 shares during the period. 80.13% of the stock is currently owned by hedge funds and other institutional investors.

Iron Mountain Trading Up 3.1%

NYSE IRM opened at $115.32 on Friday. The stock has a market cap of $34.33 billion, a P/E ratio of 82.37 and a beta of 1.18. The company’s fifty day simple moving average is $122.49 and its 200-day simple moving average is $118.58. Iron Mountain Incorporated has a 52 week low of $77.77 and a 52 week high of $134.68.

Iron Mountain (NYSE:IRM) last released its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. Iron Mountain had a net margin of 5.54% and a negative return on equity of 85.44%. The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same period last year, the business earned $1.24 EPS. The business’s revenue was up 18.5% on a year-over-year basis. Iron Mountain has set its Q3 2026 guidance at 1.470-1.470 EPS and its FY 2026 guidance at 5.870-5.930 EPS. On average, research analysts expect that Iron Mountain Incorporated will post 5.42 EPS for the current fiscal year.

Iron Mountain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.864 per share. The ex-dividend date is Tuesday, September 15th. This represents a $3.46 annualized dividend and a dividend yield of 3.0%. Iron Mountain’s dividend payout ratio (DPR) is currently 247.14%.

Iron Mountain News Roundup

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

• Positive Sentiment: Iron Mountain announced a partnership with Saudi Arabia’s Social Development Bank to modernize document-intensive financing processes. The bank will use Iron Mountain InSight DXP’s AI-powered intelligent document processing, giving IRM a potential foothold for broader digital-services growth in the Middle East. Iron Mountain Middle East partnership
• Positive Sentiment: The Saudi agreement reinforces Iron Mountain’s transition beyond traditional records storage toward AI, digitization and information-management services. Investors may view the partnership as a catalyst for recurring technology revenue and expanded regional customer relationships. Iron Mountain AI digital partnership
• Positive Sentiment: Recent quarterly results showed revenue rising 18.5% year over year to $2.03 billion, while adjusted earnings per share of $0.60 exceeded the $0.54 consensus estimate. Management also raised full-year 2026 guidance, highlighting momentum in digital and data-center-related businesses. Iron Mountain earnings growth
• Neutral Sentiment: Analyst sentiment remains moderately positive, with a consensus “Moderate Buy” rating and an average price target of $137.67. However, most target changes followed the August earnings report and do not represent a new catalyst.
• Negative Sentiment: CEO William Meaney sold 38,474 shares, while EVPs Mark Kidd and Greg McIntosh sold 6,000 and 5,000 shares, respectively. The transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their significance as discretionary bearish signals, but the concentration of insider selling could pressure investor confidence. Iron Mountain insider selling
• Negative Sentiment: Iron Mountain trades at a high earnings multiple, while its reported dividend payout ratio above 247% could raise questions about earnings-based coverage despite the approximately 3.1% yield.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on IRM. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Wells Fargo & Company increased their target price on Iron Mountain from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Wall Street Zen lowered Iron Mountain from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Truist Financial lifted their price target on Iron Mountain from $140.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, August 27th. Finally, Weiss Ratings downgraded shares of Iron Mountain from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $137.67.

Insider Activity

In other news, CEO William Meaney sold 38,474 shares of Iron Mountain stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $114.08, for a total transaction of $4,389,113.92. Following the sale, the chief executive officer directly owned 38,474 shares of the company’s stock, valued at approximately $4,389,113.92. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Greg McIntosh sold 5,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $115.60, for a total value of $578,000.00. Following the completion of the transaction, the executive vice president owned 75,634 shares in the company, valued at approximately $8,743,290.40. This trade represents a 6.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 132,422 shares of company stock worth $15,803,807 over the last ninety days. Corporate insiders own 1.70% of the company’s stock.

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.