14,470 Shares in Iron Mountain Incorporated $IRM Bought by FSA Advisors Inc.

Key Points

• FSA Advisors bought a new position of 14,470 shares of Iron Mountain (NYSE:IRM) in Q4, valued at about $1.2 million, as institutional holders now own roughly 80.13% of the stock.
• Iron Mountain reported a stronger-than-expected Q1 with revenue up ~21.5% and EPS/AFFO beats, and the company raised Q2 and FY2026 guidance, driven by accelerating AI/data-center demand for colocation and digital services.
• Despite the positive results and a $0.864 quarterly dividend (2.7% yield), insiders sold a large amount of stock—451,648 shares worth about $48.3 million over the last 90 days—creating a potential caution flag for investors.

FSA Advisors Inc. bought a new position in shares of Iron Mountain Incorporated (NYSE:IRM - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,470 shares of the financial services provider's stock, valued at approximately $1,200,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quent Capital LLC bought a new position in shares of Iron Mountain during the third quarter worth $27,000. Johnson Financial Group Inc. purchased a new stake in Iron Mountain during the third quarter valued at $32,000. Franchise GP Ltd purchased a new stake in Iron Mountain during the fourth quarter valued at $38,000. Wealth Watch Advisors INC purchased a new stake in Iron Mountain during the third quarter valued at $44,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Iron Mountain during the fourth quarter valued at $45,000. Institutional investors own 80.13% of the company's stock.

More Iron Mountain News

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

• Positive Sentiment: Q1 beat & guidance raise — Iron Mountain reported stronger-than-expected Q1 results (revenue up ~21.5%, AFFO and EPS beat) and raised FY2026 and Q2 guidance, signaling sustained demand across data centers and digital services. Press Release / Slide Deck
• Positive Sentiment: AI/data-center tailwind — Reuters and other outlets attribute the guidance lift to accelerating demand from AI workloads driving colocation and data-center services, a higher-growth area for IRM. Iron Mountain raises annual forecast on AI-fueled data center boom
• Positive Sentiment: AFFO and profitability momentum — Analysts highlighted strong AFFO growth (~22%) and improved cash-generation metrics that underpin the stock’s re-rating and dividend capacity. Zacks: Q1 AFFO Tops Estimates
• Positive Sentiment: Analyst upgrade / higher target — JPMorgan upgraded IRM to “Overweight” and raised its target to $138, reinforcing buy-side momentum and setting an upgraded valuation anchor. Benzinga
• Neutral Sentiment: Dividend declared — Board announced a $0.864 quarterly dividend (ex-dividend June 15), which supports the REIT income story but is expected rather than transformative. (Company release / earnings materials linked above.)
• Neutral Sentiment: Market technicals and coverage — Coverage pieces and trade notes flagged IRM’s move into resistance/record-high territory after the print, which can attract momentum traders but may also invite short-term profit-taking. Invezz: resistance story
• Negative Sentiment: Insider & institutional selling — Reports note substantial insider sales recently (including multiple executive disposals) and large institutional position shifts, which could concern some investors about near-term liquidity or tax-driven selling pressure.

Iron Mountain Trading Down 0.1%

Shares of IRM opened at $127.09 on Monday. Iron Mountain Incorporated has a twelve month low of $77.77 and a twelve month high of $127.94. The company has a market cap of $37.81 billion, a P/E ratio of 139.66 and a beta of 1.20. The company's fifty day simple moving average is $108.73 and its 200-day simple moving average is $98.19.

Iron Mountain (NYSE:IRM - Get Free Report) last announced its earnings results on Thursday, April 30th. The financial services provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.93. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the prior year, the firm posted $1.17 earnings per share. The business's revenue for the quarter 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. Analysts predict that Iron Mountain Incorporated will post 5.26 earnings per share for the current fiscal year.

Iron Mountain Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Stockholders of record on Monday, June 15th will be paid a $0.864 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.46 annualized dividend and a dividend yield of 2.7%. Iron Mountain's dividend payout ratio is currently 380.22%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on IRM shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Iron Mountain in a research note on Tuesday, April 21st. Loop Capital set a $130.00 price target on shares of Iron Mountain in a research note on Wednesday, March 4th. Wells Fargo & Company upped their price target on shares of Iron Mountain from $125.00 to $135.00 and gave the company an "overweight" rating in a research note on Tuesday, April 21st. Truist Financial set a $140.00 price target on shares of Iron Mountain in a research note on Friday. Finally, Barclays upped their price target on shares of Iron Mountain from $126.00 to $127.00 and gave the company an "overweight" rating in a research note on Monday, February 23rd. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $131.67.

Insider Activity

In other news, EVP Mark Kidd sold 6,000 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $102.71, for a total value of $616,260.00. Following the sale, the executive vice president owned 125,507 shares of the company's stock, valued at approximately $12,890,823.97. This represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jennifer Allerton sold 7,000 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $108.88, for a total transaction of $762,160.00. Following the completion of the transaction, the director owned 11,541 shares in the company, valued at approximately $1,256,584.08. The trade was a 37.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 451,648 shares of company stock worth $48,297,449. 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.

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