Key Points
- Iron Mountain EVP Mark Kidd sold 6,000 shares on May 8 at an average price of $127.91, totaling about $767,460. The sale was made under a pre-arranged Rule 10b5-1 plan and reduced his ownership by 4.78%.
- The company reported stronger-than-expected quarterly results, with earnings of $1.43 per share versus a $0.50 consensus and revenue of $1.94 billion, up 21.5% year over year. Iron Mountain also provided Q2 2026 and FY 2026 EPS guidance.
- Iron Mountain declared a quarterly dividend of $0.864 per share, payable July 3 to shareholders of record on June 15, implying an annualized dividend of $3.46 and a 2.7% yield. Analysts remain generally positive, with a consensus rating of “Moderate Buy.”
Iron Mountain Incorporated (NYSE:IRM - Get Free Report) 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 transaction of $767,460.00. Following the sale, the executive vice president directly owned 119,507 shares of the company's stock, valued at approximately $15,286,140.37. The trade was a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mark Kidd also recently made the following trade(s):
- On Wednesday, April 1st, Mark Kidd sold 6,000 shares of Iron Mountain stock. The stock was sold at an average price of $102.71, for a total transaction of $616,260.00.
- On Monday, March 2nd, Mark Kidd sold 6,000 shares of Iron Mountain stock. The stock was sold at an average price of $107.27, for a total transaction of $643,620.00.
Iron Mountain Price Performance
NYSE:IRM opened at $129.83 on Tuesday. The firm has a 50-day moving average of $110.59 and a 200-day moving average of $99.05. The company has a market cap of $38.63 billion, a PE ratio of 142.67 and a beta of 1.20. Iron Mountain Incorporated has a one year low of $77.77 and a one year high of $134.09.
Iron Mountain (NYSE:IRM - Get Free Report) last posted its earnings results on Thursday, April 30th. The financial services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $0.50 by $0.93. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.86 billion. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The firm's revenue for the quarter was up 21.5% on a year-over-year basis. During the same period in the previous year, the firm posted $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, equities research analysts expect that Iron Mountain Incorporated will post 5.4 earnings per share for the current fiscal year.
Iron Mountain Announces Dividend
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 of this dividend is Monday, June 15th. Iron Mountain's dividend payout ratio is presently 380.22%.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Iron Mountain in a research report on Tuesday, April 21st. JPMorgan Chase & Co. upped their price objective on shares of Iron Mountain from $121.00 to $138.00 and gave the stock an "overweight" rating in a research report on Friday, May 1st. Loop Capital set a $130.00 price objective on shares of Iron Mountain in a research report on Wednesday, March 4th. Truist Financial set a $140.00 price objective on shares of Iron Mountain in a research report on Friday, May 1st. Finally, Zacks Research downgraded shares of Iron Mountain from a "hold" rating to a "strong sell" rating in a research report on Monday, April 13th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $131.67.
Get Our Latest Research Report on Iron Mountain
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Iron Mountain by 0.4% in the third quarter. Vanguard Group Inc. now owns 47,253,100 shares of the financial services provider's stock valued at $4,816,981,000 after acquiring an additional 188,213 shares during the last quarter. Cohen & Steers Inc. boosted its stake in Iron Mountain by 20.0% in the fourth quarter. Cohen & Steers Inc. now owns 18,903,716 shares of the financial services provider's stock valued at $1,568,110,000 after acquiring an additional 3,155,034 shares during the last quarter. State Street Corp boosted its stake in Iron Mountain by 1.9% in the third quarter. State Street Corp now owns 17,131,787 shares of the financial services provider's stock valued at $1,759,494,000 after acquiring an additional 322,144 shares during the last quarter. Geode Capital Management LLC boosted its stake in Iron Mountain by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 8,292,653 shares of the financial services provider's stock valued at $685,374,000 after acquiring an additional 102,073 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Iron Mountain by 18.1% in the third quarter. Invesco Ltd. now owns 5,066,516 shares of the financial services provider's stock valued at $516,481,000 after acquiring an additional 776,933 shares during the last quarter. 80.13% of the stock is currently owned by hedge funds and other institutional investors.
About Iron Mountain
(
Get 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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