AG2R LA Mondiale Gestion D Actifs Buys 5,518 Shares of Iron Mountain Incorporated $IRM

AG2R LA Mondiale Gestion D Actifs increased its stake in Iron Mountain Incorporated (NYSE:IRM) by 33.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,856 shares of the financial services provider’s stock after acquiring an additional 5,518 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Iron Mountain were worth $1,813,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IRM. Quent Capital LLC bought a new stake in Iron Mountain during the 3rd quarter valued at $27,000. Johnson Financial Group Inc. bought a new stake in Iron Mountain during the 3rd quarter valued at $32,000. Franchise GP Ltd bought a new stake in Iron Mountain during the 4th quarter valued at $38,000. Wealth Watch Advisors INC bought a new stake in Iron Mountain during the 3rd quarter valued at $44,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Iron Mountain during the 4th quarter valued at $45,000. Institutional investors own 80.13% of the company’s stock.

Iron Mountain Price Performance

NYSE IRM opened at $126.28 on Wednesday. Iron Mountain Incorporated has a 1 year low of $77.77 and a 1 year high of $134.09. The firm has a market cap of $37.57 billion, a price-to-earnings ratio of 138.77 and a beta of 1.20. The company has a fifty day moving average price of $110.95 and a 200-day moving average price of $99.21.

Iron Mountain (NYSE:IRM) last posted 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 firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the prior year, the business posted $1.17 EPS. The business’s revenue was up 21.5% compared to the same quarter last year. 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, research analysts anticipate that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Announces Dividend

The business also recently declared 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. This represents a $3.46 dividend on an annualized basis 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%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays boosted 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. Loop Capital set a $130.00 price target on shares of Iron Mountain in a research note on Wednesday, March 4th. Zacks Research lowered shares of Iron Mountain from a “hold” rating to a “strong sell” rating in a research note on Monday, April 13th. Weiss Ratings restated a “hold (c)” rating on shares of Iron Mountain in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. boosted their price target on shares of Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Iron Mountain has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

Insider Activity at Iron Mountain

In related news, EVP Mark Kidd sold 6,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $127.91, for a total value of $767,460.00. Following the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jennifer Allerton sold 7,000 shares of the business’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 directly owned 11,541 shares in the company, valued at $1,256,584.08. This trade represents a 37.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 496,122 shares of company stock valued at $54,025,362 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

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.