Fjarde AP Fonden Fourth Swedish National Pension Fund Buys Shares of 51,326 Iron Mountain Incorporated $IRM

Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new stake in shares of Iron Mountain Incorporated (NYSE:IRM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 51,326 shares of the financial services provider’s stock, valued at approximately $4,257,000.

A number of other institutional investors and hedge funds have also made changes to their positions in IRM. Koshinski Asset Management Inc. increased its position in shares of Iron Mountain by 2.0% during the third quarter. Koshinski Asset Management Inc. now owns 5,108 shares of the financial services provider’s stock valued at $521,000 after acquiring an additional 98 shares in the last quarter. Rothschild Investment LLC increased its position in shares of Iron Mountain by 15.4% during the fourth quarter. Rothschild Investment LLC now owns 780 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 104 shares in the last quarter. Corrado Advisors LLC increased its position in shares of Iron Mountain by 0.6% during the fourth quarter. Corrado Advisors LLC now owns 19,856 shares of the financial services provider’s stock valued at $1,647,000 after acquiring an additional 110 shares in the last quarter. Coldstream Capital Management Inc. increased its position in shares of Iron Mountain by 1.6% during the third quarter. Coldstream Capital Management Inc. now owns 7,506 shares of the financial services provider’s stock valued at $765,000 after acquiring an additional 121 shares in the last quarter. Finally, Personal CFO Solutions LLC increased its position in shares of Iron Mountain by 5.3% during the third quarter. Personal CFO Solutions LLC now owns 2,450 shares of the financial services provider’s stock valued at $250,000 after acquiring an additional 124 shares in the last quarter. Institutional investors own 80.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Barclays raised their price target on shares of Iron Mountain from $126.00 to $127.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Wells Fargo & Company raised their price target on shares of 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 reissued a “hold (c)” rating on shares of Iron Mountain in a research report on Tuesday, April 21st. Finally, Truist Financial set a $140.00 price target on shares of Iron Mountain in a research report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Iron Mountain has a consensus rating of “Moderate Buy” and an average price target of $131.67.

Insider Buying and Selling

In related news, Director Pamela M. Arway sold 1,892 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $128.97, for a total value of $244,011.24. Following the sale, the director owned 40,196 shares in the company, valued at approximately $5,184,078.12. This trade represents a 4.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Kidd sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $126.70, for a total transaction of $760,200.00. Following the completion of the sale, the executive vice president owned 113,507 shares in the company, valued at $14,381,336.90. This represents a 5.02% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 202,985 shares of company stock valued at $23,452,265 in the last ninety days. Corporate insiders own 1.70% of the company’s stock.

Iron Mountain Trading Down 0.3%

Shares of IRM stock opened at $124.24 on Tuesday. Iron Mountain Incorporated has a 12-month low of $77.77 and a 12-month high of $134.09. The firm’s 50 day moving average is $118.98 and its 200 day moving average is $102.76. The stock has a market capitalization of $36.96 billion, a P/E ratio of 136.53 and a beta of 1.19.

Iron Mountain (NYSE:IRM) last issued its earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.10. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter last year, the company posted $1.17 earnings per share. The firm’s quarterly 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. 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 business also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Investors of record on Monday, June 15th will be issued a $0.864 dividend. The ex-dividend date is Monday, June 15th. This represents a $3.46 annualized dividend and a yield of 2.8%. Iron Mountain’s dividend payout ratio (DPR) is currently 380.22%.

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.