Atlas Capital Advisors Inc. Purchases Shares of 4,742 Iron Mountain Incorporated $IRM

Atlas Capital Advisors Inc. purchased a new stake in shares of Iron Mountain Incorporated (NYSE:IRM) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 4,742 shares of the financial services provider’s stock, valued at approximately $393,000.

A number of other hedge funds have also recently made changes to their positions in IRM. Johnson Financial Group Inc. bought a new position in shares of Iron Mountain in the third quarter worth about $32,000. Triumph Capital Management lifted its position in shares of Iron Mountain by 1,056.8% in the fourth quarter. Triumph Capital Management now owns 428 shares of the financial services provider’s stock worth $35,000 after buying an additional 391 shares in the last quarter. Franchise GP Ltd purchased a new stake in shares of Iron Mountain in the fourth quarter worth about $38,000. Wealth Watch Advisors INC purchased a new stake in shares of Iron Mountain in the third quarter worth about $44,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Iron Mountain in the fourth quarter worth about $45,000. Institutional investors own 80.13% of the company’s stock.

Iron Mountain Stock Down 0.8%

Shares of NYSE:IRM opened at $126.22 on Tuesday. Iron Mountain Incorporated has a 52-week low of $77.77 and a 52-week high of $134.09. The stock has a market cap of $37.55 billion, a P/E ratio of 138.70 and a beta of 1.19. The business’s 50 day moving average is $121.49 and its 200 day moving average is $104.19.

Iron Mountain (NYSE:IRM) last announced its earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.10. 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 revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.17 EPS. 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, sell-side analysts anticipate that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 15th will be issued a $0.864 dividend. This represents a $3.46 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. Iron Mountain’s payout ratio is 380.22%.

Insiders Place Their Bets

In other news, EVP Mark Kidd sold 6,000 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $127.91, for a total value of $767,460.00. Following the completion of the transaction, the executive vice president owned 119,507 shares of the company’s stock, valued at $15,286,140.37. The trade was a 4.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Daniel Borges sold 7,189 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $125.50, for a total value of $902,219.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 202,985 shares of company stock worth $23,452,265. 1.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

IRM has been the topic of a number of research analyst reports. Barclays boosted their target price on Iron Mountain from $126.00 to $127.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. JPMorgan Chase & Co. upped their price objective on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Weiss Ratings restated a “hold (c)” rating on shares of Iron Mountain in a research report on Tuesday, April 21st. Loop Capital set a $130.00 price objective on Iron Mountain in a research report on Wednesday, March 4th. Finally, Zacks Research upgraded Iron Mountain from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Iron Mountain has an average rating of “Moderate Buy” and an average price target of $131.67.

Iron Mountain Company 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.