ING Groep NV Sells 5,640 Shares of Iron Mountain Incorporated $IRM

ING Groep NV reduced its position in Iron Mountain Incorporated (NYSE:IRMFree Report) by 24.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 17,304 shares of the financial services provider’s stock after selling 5,640 shares during the period. ING Groep NV’s holdings in Iron Mountain were worth $1,764,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NorthCrest Asset Manangement LLC raised its position in shares of Iron Mountain by 3.6% in the third quarter. NorthCrest Asset Manangement LLC now owns 2,929 shares of the financial services provider’s stock valued at $310,000 after purchasing an additional 103 shares during the period. Continuum Advisory LLC raised its holdings in Iron Mountain by 5.3% during the 3rd quarter. Continuum Advisory LLC now owns 2,077 shares of the financial services provider’s stock valued at $212,000 after acquiring an additional 104 shares during the period. Natural Investments LLC lifted its position in shares of Iron Mountain by 3.1% during the third quarter. Natural Investments LLC now owns 3,581 shares of the financial services provider’s stock worth $365,000 after acquiring an additional 107 shares in the last quarter. Merit Financial Group LLC lifted its position in shares of Iron Mountain by 0.5% during the third quarter. Merit Financial Group LLC now owns 19,930 shares of the financial services provider’s stock worth $2,032,000 after acquiring an additional 109 shares in the last quarter. Finally, Seelaus Asset Management LLC boosted its holdings in shares of Iron Mountain by 4.5% in the third quarter. Seelaus Asset Management LLC now owns 2,900 shares of the financial services provider’s stock worth $296,000 after acquiring an additional 125 shares during the period. Institutional investors own 80.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Barclays reiterated an “overweight” rating and set a $126.00 price objective on shares of Iron Mountain in a research note on Tuesday, January 13th. Zacks Research raised shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. JPMorgan Chase & Co. raised their price objective on shares of Iron Mountain from $100.00 to $111.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Iron Mountain in a report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Iron Mountain presently has an average rating of “Moderate Buy” and a consensus target price of $113.00.

Get Our Latest Research Report on IRM

Iron Mountain Trading Up 3.5%

Shares of NYSE IRM opened at $109.72 on Friday. Iron Mountain Incorporated has a 12 month low of $72.33 and a 12 month high of $110.91. The firm has a market capitalization of $32.43 billion, a price-to-earnings ratio of 228.59 and a beta of 1.16. The business has a 50-day moving average of $88.80 and a 200-day moving average of $93.70.

Iron Mountain Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Monday, March 16th will be paid a $0.864 dividend. This represents a $3.46 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, March 16th. Iron Mountain’s payout ratio is currently 652.83%.

Insiders Place Their Bets

In other news, CEO William L. Meaney sold 69,125 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $83.34, for a total transaction of $5,760,877.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Mark Kidd sold 6,000 shares of Iron Mountain stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $83.10, for a total transaction of $498,600.00. Following the sale, the executive vice president directly owned 55,081 shares of the company’s stock, valued at $4,577,231.10. This represents a 9.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 119,607 shares of company stock worth $9,970,025 in the last three months. Insiders own 1.90% of the company’s stock.

Key Headlines Impacting Iron Mountain

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

  • Positive Sentiment: Adjusted results and revenue beat — Iron Mountain reported Q4 AFFO and adjusted metrics that topped expectations and revenue grew ~16.6% year-over-year, driven by both storage rental and services. Iron Mountain Q4 AFFO Beat, Storage Rental & Service Revenues Rise
  • Positive Sentiment: Data-center boom and record growth — Management highlighted strong demand for land leases and data-center capacity (AI-driven workloads), marking another year of record performance and helping push growth businesses to the fore. Iron Mountain Shatters Record
  • Positive Sentiment: Strong FY‑2026 and Q1 guidance — The company raised FY‑2026 revenue and EPS guidance materially above Street consensus, citing continued data-center leasing and diversified revenue streams, which supports re-rating expectations. Iron Mountain forecasts annual revenue above estimates
  • Positive Sentiment: Dividend declared — Iron Mountain announced a quarterly dividend (record March 16; payable April 3), supporting income-oriented investor interest given the company’s yield profile. (Company release)
  • Neutral Sentiment: Valuation context — Analysts are revisiting valuation after the record quarter and upbeat guide; some note the stock’s premium multiples on adjusted metrics versus historicals and peers, so upside depends on execution and margin trends. A Look At Iron Mountain Valuation
  • Negative Sentiment: GAAP EPS miss and one-offs — On a GAAP basis the quarter included items that produced an EPS shortfall vs. consensus, which could concern short-term investors focused on headline earnings. MarketBeat Q4 EPS details

About Iron Mountain

(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.

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

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