65,390 Shares in Iron Mountain Incorporated $IRM Purchased by OVERSEA CHINESE BANKING Corp Ltd
OVERSEA CHINESE BANKING Corp Ltd recently acquired a new stake of 65,390 shares in Iron Mountain Incorporated (NYSE:IRM) during the second quarter, valued at approximately $8.26 million. This comes as other institutional investors have also adjusted their holdings in the company. Iron Mountain has received a "Moderate Buy" consensus rating from analysts, with a target price of $135.17, and recently reported strong quarterly earnings exceeding analyst expectations.
Madison Asset Management LLC Purchases Shares of 17,052 Iron Mountain Incorporated $IRM
Madison Asset Management LLC has acquired 17,052 shares of Iron Mountain Incorporated (NYSE:IRM), valued at approximately $2.154 million, according to its latest SEC filing. Other institutional investors have also adjusted their holdings in the company, with hedge funds and institutional investors collectively owning 80.13% of Iron Mountain's stock. The company recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.
Danske Bank A S Makes New Investment in Iron Mountain Incorporated $IRM
Danske Bank A S has significantly invested in Iron Mountain Incorporated ($IRM), purchasing 160,962 shares valued at approximately $20.3 million. This comes as Iron Mountain reports strong quarterly revenue of $2.03 billion and adjusted earnings exceeding analyst estimates. Despite some insider selling, analysts maintain a "Moderate Buy" rating for the company.
Allworth Financial LP Takes $9.42 Million Position in Iron Mountain Incorporated $IRM
Allworth Financial LP has acquired a new position of 74,559 shares in Iron Mountain Incorporated, valued at approximately $9.42 million. Institutional investors collectively own 80.13% of the company, and analysts maintain a "Moderate Buy" consensus rating with a price target of $135.17. Iron Mountain exceeded Q2 earnings and revenue expectations, reported a 18.5% year-over-year revenue increase, and declared a quarterly dividend of $0.864 per share.
Pasadena Private Wealth LLC Invests $2.73 Million in Iron Mountain Incorporated $IRM
Pasadena Private Wealth LLC has acquired a new stake of 21,601 shares in Iron Mountain Incorporated, valued at approximately $2.73 million. This comes as Iron Mountain exceeded quarterly earnings expectations with $0.60 EPS and $2.03 billion in revenue, prompting analysts to maintain a "Moderate Buy" rating with an average price target of $135.17. The company also declared a quarterly dividend of $0.864 per share, representing a 2.8% yield, while insider selling activity was noted from an EVP and CEO.
Iron Mountain: Data Center Leasing Is The Main Growth Driver (NYSE:IRM)
Iron Mountain (IRM) is rated as a buy due to its strong legacy records management business funding high-growth data center expansion. The records information management segment provides stable cash flow with high retention and EBITDA margins, supporting significant investment in data centers. Data center revenue is experiencing substantial year-over-year growth, driven by robust leasing momentum and a high pre-leasing rate for its development pipeline, justifying its premium forward FFO valuation.
Wealthfront Advisers LLC Buys Shares of 70,478 Iron Mountain Incorporated $IRM
Wealthfront Advisers LLC acquired 70,478 shares of Iron Mountain Incorporated (NYSE:IRM) in the second quarter, a new stake valued at approximately $8.9 million. The company reported strong Q2 earnings, exceeding analyst expectations with $0.60 EPS and $2.03 billion in revenue, an 18.5% increase year-over-year. Despite insider selling activity, analysts maintain a "Moderate Buy" rating for IRM with an average target price of $135.17.
Diversify Advisory Services LLC Acquires New Holdings in Iron Mountain Incorporated $IRM
Diversify Advisory Services LLC has purchased a new stake of 8,550 shares in Iron Mountain Incorporated (NYSE:IRM), valued at approximately $1,086,000. Other institutional investors have also adjusted their holdings, with notable activity from BlackRock Inc. and Cohen & Steers Inc. The article also details recent insider stock sales by Iron Mountain's CEO and EVP, the company's financial performance including its latest earnings report and dividend announcement, and recent analyst ratings.
Iron Mountain stock jumps 42.8% YTD on strong revenue growth but valuation now pricey
Iron Mountain Incorporated's stock has seen a significant 42.8% increase year-to-date, fueled by robust revenue and cash flow growth, including 37 consecutive years of organic revenue increases. The company is actively expanding its data center and asset lifecycle management segments, with projected 2026 revenues between $7.94 billion and $8.01 billion. Despite these strong fundamentals, analysts rate the stock as neutral due to its current high valuation, with a potential downgrade to Sell if shares climb an additional 10%.
Iron Mountain Inc. stock underperforms Wednesday when compared to competitors
Shares of Iron Mountain Inc. (IRM) fell by 3.62% on Wednesday, closing at $122.08. This underperformance occurred despite a generally favorable trading session for the broader market, with both the S&P 500 and Dow Jones Industrial Average posting gains. This marks the second consecutive day of losses for Iron Mountain stock.
Mitsubishi UFJ Asset Management Co. Ltd. Purchases New Shares in Iron Mountain Incorporated $IRM
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new position in Iron Mountain Incorporated (NYSE:IRM), purchasing 982,596 shares valued at approximately $124.11 million. This makes Mitsubishi UFJ Asset Management Co. Ltd. one of several institutional investors, including Bell Investment Advisors Inc and Elevation Wealth Partners LLC, to buy or increase holdings in Iron Mountain. The article also details recent analyst ratings, insider stock sales, and Iron Mountain's latest financial performance.
Gables Capital Management Inc. Acquires Shares of 19,192 Iron Mountain Incorporated $IRM
Gables Capital Management Inc. recently acquired 19,192 shares of Iron Mountain Incorporated (NYSE:IRM) during the second quarter, valuing the stake at approximately $2.424 million and making it the 29th largest position in their portfolio. Other institutional investors have also adjusted their holdings in IRM, which reported strong Q2 earnings, exceeding analyst expectations, and declared a quarterly dividend. Insider activity shows recent stock sales by the CEO and CAO, while analysts generally rate Iron Mountain as a "Moderate Buy" with an average price target of $135.17.
33,570,910 Shares in Iron Mountain Incorporated $IRM Acquired by BlackRock Inc.
BlackRock Inc. has acquired a significant new stake of 33,570,910 shares in Iron Mountain Incorporated (NYSE:IRM), valued at approximately $4.24 billion, making it an 11.28% owner of the company. Several other institutional investors also increased their holdings in Iron Mountain. The article details the company's financial performance, recent dividend announcement, analyst ratings, and insider trading activities.
ETFs Investing in Iron Mountain, Inc. Stocks
This article lists various Exchange Traded Funds (ETFs) that hold shares of Iron Mountain, Inc. (I5M). It provides a detailed table including each ETF's market value, weight of I5M stock, issuer, management style, focus, expense ratio, assets under management (AUM), price, change percentage, relative volume, and 3-year NAV total return. The ETFs cover a range of investment strategies, from broad market and large-cap funds to specific real estate and ESG-focused investments.
Iron Mountain Inc. stock underperforms Tuesday when compared to competitors
Shares of Iron Mountain Inc. (IRM) fell 2.49% on Tuesday, closing at $126.67. This underperformance occurred during a generally poor trading session for the stock market, with both the S&P 500 and Dow Jones Industrial Average also declining. The stock's dip ended a six-day winning streak.
First all-women industrial real estate team sets milestone with full-service model
JLL has launched Canada's first all-female industrial brokerage team, aiming to offer a comprehensive portfolio of services rather than a single-broker model. This initiative comes as the industrial real estate market balances out after pandemic-driven peaks, leading to higher vacancy rates and increased competition among properties. The team's formation also highlights the broader issue of gender diversity in the commercial real estate sector, where women's representation in industrial roles has seen a decline.
Deutsche Bank AG Makes New $385.13 Million Investment in Iron Mountain Incorporated $IRM
Deutsche Bank AG has made a significant investment of $385.13 million in Iron Mountain Incorporated, acquiring over 3 million shares. This move increases institutional ownership in Iron Mountain, a company that recently reported strong quarterly earnings and an increased dividend. Despite some insider selling, analysts maintain a "Moderate Buy" rating for Iron Mountain with an average price target of $135.17.
Buckland Partners Management Co LLC Takes Position in Iron Mountain Incorporated $IRM
Buckland Partners Management Co LLC has acquired a new position in Iron Mountain Incorporated ($IRM), purchasing 30,000 shares valued at approximately $3.8 million, making it 1.9% of their portfolio. Institutional investors collectively own 80.13% of the company, and analysts maintain a "Moderate Buy" rating with a consensus price target of $135.17. Iron Mountain also reported strong Q2 earnings, exceeding revenue and EPS expectations, and declared a quarterly dividend of $0.864 per share.
11,300 Shares in Iron Mountain Incorporated $IRM Acquired by Global Retirement Partners LLC
Global Retirement Partners LLC has acquired 11,300 shares of Iron Mountain Incorporated (IRM) worth approximately $1.43 million. This comes as Iron Mountain exceeded quarterly earnings expectations, reporting adjusted EPS of $0.60 and revenue of $2.03 billion, an 18.5% year-over-year increase. Analysts currently rate the stock as a "Moderate Buy" with a consensus price target of $135.17.
Capital Financial Group Inc. Co. ADV Acquires Shares of 15,979 Iron Mountain Incorporated $IRM
Capital Financial Group Inc. Co. ADV recently acquired 15,979 shares of Iron Mountain Incorporated, valued at approximately $2.02 million, making it their 19th largest holding. Iron Mountain, a global information management company, continues to show strong performance with analysts rating it a "Moderate Buy" and the company exceeding quarterly earnings and revenue expectations. The company also declared a quarterly dividend of $0.864 per share.
Roman Butler Fullerton & Co. Purchases Shares of 11,826 Iron Mountain Incorporated $IRM
Roman Butler Fullerton & Co. recently acquired 11,826 shares of Iron Mountain Incorporated (NYSE:IRM) during the second quarter, valued at approximately $1.45 million. This purchase is part of broader institutional interest, with several other firms also modifying their holdings in the data management company. Iron Mountain has an annual dividend of $3.46, representing a 2.7% yield, and a "Moderate Buy" average analyst rating.
Iron Mountain stock trades close to 52-week high as CEO cashes in shares
Iron Mountain stock is trading near its 52-week high, supported by strong year-to-date gains and solid Q2 2026 earnings. CEO William Meaney sold $4.68 million in company stock as the price hovered near its peak, drawing investor attention. Despite this, the company shows continued revenue growth, especially in data centers, and analysts maintain a "Moderate Buy" rating with limited upside.
Abbot Financial Management Inc. Acquires New Position in Iron Mountain Incorporated $IRM
Abbot Financial Management Inc. has acquired a new stake in Iron Mountain Incorporated (NYSE:IRM) during the second quarter, purchasing 11,877 shares valued at approximately $1.5 million. This move is part of a trend of institutional investors, including several hedge funds, adjusting their positions in Iron Mountain, which is a global information management company. Analysts currently rate Iron Mountain as a "Moderate Buy" with an average price target of $135.17, while the company also announced a quarterly dividend.
Janney Montgomery Scott LLC Lowers Stake in Stryker Corporation $SYK
Janney Montgomery Scott LLC has reduced its stake in Stryker Corporation (NYSE:SYK) by 17.6% in the second quarter, selling 17,151 shares and retaining 80,254 shares valued at $25.3 million. Despite this, Stryker reported strong financial results, with quarterly EPS of $3.69 exceeding estimates and revenue increasing by 9.4% year-over-year. The company also declared a quarterly dividend of $0.88 per share and maintains a "Moderate Buy" consensus rating from analysts.
58,509 Shares in Realty Income Corporation $O Purchased by Clearstead Trust LLC
Clearstead Trust LLC has acquired a new stake of 58,509 shares in Realty Income Corporation (NYSE:O), valued at approximately $3.625 million. This purchase is part of broader institutional investor activity, with several other hedge funds and institutions either increasing or decreasing their holdings in the real estate investment trust. Analysts have issued varied ratings and price targets for Realty Income, with a consensus of "Moderate Buy" and a target price of $67.42.
Iron Mountain (IRM) Is Up 6.8% After Raising 2026 Revenue Guidance - Has The Bull Case Changed?
Iron Mountain (IRM) recently reported its Q2 2026 results, showing a return to profitability and raising its full-year 2026 revenue guidance to between US$7.94 billion and US$8.01 billion. This update supports the company's transition from paper-based storage to data center and digital services, though investors should consider the risks associated with high leverage and capital-intensive data center growth. The company's narrative projects significant revenue and earnings growth by 2029, suggesting a potential 5% upside to its current price.
Iron Mountain (IRM) Is Up 6.8% After Raising 2026 Revenue Guidance - Has The Bull Case Changed?
Iron Mountain (IRM) reported a return to profitability in Q2 2026 and raised its full-year 2026 revenue guidance to between US$7.94 billion and US$8.01 billion, an increase from previous estimates. This update reinforces the company's transition from paper-based storage to data center and digital services, despite ongoing concerns about its capital-intensive growth and elevated leverage. The article suggests investors should consider the company's financial health, analyst forecasts, and potential risks before making investment decisions.
Iron Mountain president & CEO William Meaney sells $4.68m in stock
Iron Mountain's President and CEO, William L. Meaney, sold 38,474 shares of the company's common stock for over $4.68 million on August 7, 2026, following the exercise of employee stock options. The sales were conducted under a Rule 10b5-1 trading plan and occurred while IRM's stock was trading near its 52-week high, up 58% year-to-date. Although Meaney directly holds no shares after the transactions, he maintains significant indirect holdings and employee stock options, while the company recently reported record revenue and adjusted EBITDA in Q2 2026.
ABN AMRO Bank N.V. Makes New $18 Million Investment in Advanced Drainage Systems, Inc. $WMS
ABN AMRO Bank N.V. has made a new $18 million investment in Advanced Drainage Systems, Inc. (NYSE:WMS), purchasing 114,578 shares during the second quarter. Institutional investors now own 89.83% of WMS, and analysts maintain a "Moderate Buy" rating with an average price target of $188.38. The company recently exceeded earnings expectations, reporting $2.49 EPS and nearly $1 billion in revenue, and declared a quarterly dividend of $0.20 per share.
Iron Mountain president & CEO William Meaney sells $4.68m in stock
Iron Mountain Inc.'s President and CEO, William L. Meaney, sold 38,474 shares of the company's common stock for $4,680,954 on August 7, 2026, following the exercise of employee stock options. The sales were conducted under a Rule 10b5-1 trading plan and occurred while IRM's stock was near its 52-week high, up 58% year-to-date. Despite the direct sale, Meaney still holds a significant indirect stake in the company and 153,896 employee stock options.
Iron Mountain Relaunches Clutter Valet Self-Storage Service
Iron Mountain has relaunched its Clutter valet self-storage service in 34 markets across Canada and the U.S. This service combines personal storage with enterprise-level logistics and AI-enhanced digital access, offering an end-to-end managed storage experience that includes item pickup, transportation, storage, delivery, and a digital inventory platform for customers. Iron Mountain, which acquired Clutter in 2023, aims to provide asset stewardship and operational excellence for consumer storage.
Iron Mountain Inc. stock outperforms competitors on strong trading day
Shares of Iron Mountain Inc. (IRM) rose 2.22% to $129.43 on Friday, marking its fifth consecutive day of gains. This performance occurred on a challenging day for the broader market, as the S&P 500 Index fell 0.17% and the Dow Jones Industrial Average dropped 0.20%. The stock's strong showing indicates it outperformed its competitors during a rough trading session.
PBS Station Takes Iron Mountain to Court Over Archives
Nine PBS is suing Iron Mountain Data Centers in Denver, alleging that Iron Mountain is refusing to release over 50TB of archival programming. The dispute arose after Open Source Storage, the cloud service hosting the archives, went out of business and ceased Nine PBS's access. A judge has granted Nine PBS's request to prevent Iron Mountain from deleting or modifying the archives, which represent "more than 70 years of history" for the station.
Is Iron Mountain (IRM) Fully Valued After Record Q2 Results And A Raised Outlook?
Iron Mountain (IRM) reported record second-quarter results with revenue up 19% year-over-year, driven by its Data Center, ALM, and Digital businesses, leading to a significant 52.11% year-to-date share price increase. While one narrative suggests the stock is undervalued with a fair value of $135.36, another view indicates it looks expensive with a P/E ratio of 90x, well above the industry average, signaling split investor sentiment and potential valuation risks from heavy data center spending. Investors are encouraged to weigh both the growth prospects and the risks associated with the company's valuation.
Is Iron Mountain (IRM) Fully Valued After Record Q2 Results And A Raised Outlook?
Iron Mountain (IRM) has reported strong Q2 results with revenue up 19% year-over-year, driven by growth in its Data Center, ALM, and Digital businesses. The stock has seen significant appreciation, returning 52.11% year-to-date and 235.99% over five years. While one narrative suggests the stock is 6.5% undervalued with a fair value of $135.36, another view points to an elevated P/E ratio of 90x, well above the industry average, indicating potential overvaluation.
Clutter by Iron Mountain Reimagines Personal Storage, Delivering a Premium Managed Storage Solution
Clutter by Iron Mountain has relaunched its premium managed personal storage service, offering an alternative to traditional self-storage. This service combines enterprise-level logistics, secure facilities, AI-enhanced digital access, and is backed by Iron Mountain's 75-year legacy of protecting valuable assets. It aims to provide an end-to-end managed storage experience, including pickup, transportation, digital inventory viewing, and return delivery, catering to consumers who prioritize security, convenience, and peace of mind.
Iron Mountain Chief Commercial Officer Sells 11,839 Shares for $1.5 Million
Iron Mountain's Chief Commercial Officer, Greg W. McIntosh, sold 11,839 shares for approximately $1.5 million on August 6, 2026, as part of a pre-arranged Rule 10b5-1 trading plan. This transaction represented 13% of his direct equity holdings and was executed by exercising stock options and immediately selling the underlying shares. Despite the sale, McIntosh retains a significant stake in the company, and the transaction is not seen as a concern for investors given the planned nature of the sale and Iron Mountain's strong financial performance.
Iron Mountain Chief Commercial Officer Sells 11,839 Shares for $1.5 Million
Iron Mountain's Chief Commercial Officer, Greg W. McIntosh, sold 11,839 shares of the company's stock for approximately $1.5 million on August 6, 2026, as part of a pre-arranged Rule 10b5-1 trading plan. This transaction involved exercising stock options and immediately selling the shares, though McIntosh retains a significant equity stake valued at $9.83 million. The Motley Fool advises investors not to be concerned by this sale, highlighting the company's strong performance, revenue growth driven by AI and data center demand, and the pre-planned nature of the executive's transaction.
Judge sets framework for Nine PBS to retrieve archival data
A Denver District Court judge has established a framework for Nine PBS to retrieve approximately 50 terabytes of archival data from Iron Mountain Data Centers. The St. Louis station sued Iron Mountain after being denied access to its materials due to a dispute involving a now-defunct third-party storage contractor, OSS. The court ruled that Nine PBS rightfully owns the data and ordered Iron Mountain to cooperate in its retrieval, with Nine PBS responsible for past-due storage fees and the identification of a third-party vendor to assist in the process.
Iron Mountain Inc. stock outperforms competitors on strong trading day
Iron Mountain Inc. (IRM) shares rose 1.82% to $126.62 on Thursday, outperforming the broader market. This marked the fourth consecutive day of gains for the stock, as the S&P 500 Index and Dow Jones Industrial Average also saw increases.
Clutter by Iron Mountain Reimagines Personal Storage, Delivering a Premium Managed Storage Solution
Clutter by Iron Mountain has relaunched its managed personal storage service, offering a premium alternative to traditional self-storage. This service combines enterprise-level logistics, secure facilities, and digital access, backed by Iron Mountain's 75-year legacy of asset protection. It aims to simplify personal storage by handling pickup, transportation, secure storage, and return delivery, appealing to consumers who prioritize security, convenience, and peace of mind.
Jefferies Adjusts Price Target on Iron Mountain to $147 From $146, Keeps Buy Rating
Jefferies has increased its price target for Iron Mountain (IRM) to $147 from $146, while maintaining a Buy rating on the stock. This adjustment reflects a continued positive outlook from the firm on the information management services provider. The article also mentions recent insider share sales and other analyst adjustments for Iron Mountain.
Should State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) Be on Your Investing Radar?
The article evaluates the State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD), highlighting it as a low-cost, diversified option for large-cap value investors seeking high dividends. It discusses the ETF's sector allocation, top holdings, performance, and risk profile, concluding that SPYD is a "Strong Buy" according to Zacks ETF Rank and an excellent option for its investment style.
State Street Corporation $STT Shares Acquired by Handelsbanken Fonder AB
Handelsbanken Fonder AB significantly increased its stake in State Street Corporation, purchasing an additional 22,156 shares to bring its total holdings to 111,637 shares valued at $18.9 million. This move comes as State Street reports strong financial results, including better-than-expected EPS and revenue, alongside an increased quarterly dividend. Analysts maintain a "Moderate Buy" rating for STT, with several firms raising their price targets, indicating a positive outlook for the company's stock.
Handelsbanken Fonder AB Raises Stock Holdings in Iron Mountain Incorporated $IRM
Handelsbanken Fonder AB increased its stake in Iron Mountain Incorporated (NYSE:IRM) by 24.4% in the second quarter, now owning 189,498 shares valued at $23,935,000. Other institutional investors also adjusted their positions, with hedge funds and institutional investors collectively owning 80.13% of the company's stock. Recent insider selling by EVP Mark Kidd and CEO William L. Meaney was also reported, alongside various analyst rating adjustments and the announcement of a quarterly dividend.
NewEdge Advisors LLC Grows Stake in Iron Mountain Incorporated $IRM
NewEdge Advisors LLC significantly increased its stake in Iron Mountain Incorporated by 66.4% in the first quarter, now holding 41,818 shares valued at $4.27 million. Institutional investors collectively own 80.13% of the company, and analysts maintain a "Moderate Buy" rating with an average price target of $135.17. The company also announced a quarterly dividend of $0.864 per share, while insiders have sold a notable amount of shares recently.
Iron Mountain lifts FY26 outlook as ALM surges 88% and data center leasing tops target
Iron Mountain reported record Q2 2026 results, exceeding its own guidance with revenue up 19% to $2.03 billion, driven by an 88% surge in asset lifecycle management (ALM) and a 39% increase in data center revenue. The company raised its full-year guidance for revenue, EBITDA, and AFFO, with data center leasing already surpassing its original full-year target. Management expects to "meaningfully exceed" its original leasing target and highlighted the significant growth potential in enterprise ALM and the expanding data center ecosystem.
Iron Mountain Inc. stock outperforms competitors on strong trading day
Shares of Iron Mountain Inc. (IRM) rose 1.61% to $124.36 on Wednesday, marking its third consecutive day of gains. This performance outpaced the broader market, as the S&P 500 Index saw a 0.26% increase, while the Dow Jones Industrial Average experienced a slight 0.04% decline.
Equinix Stock Leads 3 AI Infrastructure Picks Tied To Data Centers And Power
With AI-focused earnings beats and easing inflation, attention is returning to data centers and power infrastructure. This article highlights Equinix (EQIX), Iron Mountain (IRM), and NRG Energy (NRG) as key players benefiting from these trends. Each company offers exposure to AI infrastructure demand, albeit with varying risk profiles related to valuation, debt, and operational specifics.
Equinix Stock Leads 3 AI Infrastructure Picks Tied To Data Centers And Power
The article highlights three stocks—Equinix (EQIX), Iron Mountain (IRM), and NRG Energy (NRG)—as strong AI infrastructure picks. These companies are tied to data centers and power, benefiting from AI demand and potential interest rate changes. The piece emphasizes the importance of evaluating each stock's unique mix of growth prospects, valuation, and balance sheet considerations for investors looking to capitalize on the AI infrastructure trend.
