4,265 Shares in Iron Mountain Incorporated $IRM Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC bought a new stake in Iron Mountain Incorporated (NYSE:IRM) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,265 shares of the financial services provider’s stock, valued at approximately $539,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund lifted its holdings in shares of Iron Mountain by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 33,889 shares of the financial services provider’s stock worth $3,461,000 after buying an additional 100 shares during the last quarter. Rothschild Investment LLC grew its stake in shares of Iron Mountain by 15.4% in the fourth quarter. Rothschild Investment LLC now owns 780 shares of the financial services provider’s stock worth $65,000 after acquiring an additional 104 shares during the last quarter. Meeder Advisory Services Inc. increased its position in Iron Mountain by 2.9% during the first quarter. Meeder Advisory Services Inc. now owns 3,741 shares of the financial services provider’s stock worth $382,000 after acquiring an additional 107 shares during the period. Corrado Advisors LLC raised its stake in Iron Mountain by 0.6% during the 4th quarter. Corrado Advisors LLC now owns 19,856 shares of the financial services provider’s stock valued at $1,647,000 after purchasing an additional 110 shares during the last quarter. Finally, Essential Partners LLC raised its stake in Iron Mountain by 24.4% during the 1st quarter. Essential Partners LLC now owns 561 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 110 shares during the last quarter. 80.13% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

IRM has been the topic of several research analyst reports. Truist Financial raised their price target on shares of Iron Mountain from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings lowered shares of Iron Mountain from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Wells Fargo & Company increased their target price on shares of Iron Mountain from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Barclays lifted their target price on Iron Mountain from $127.00 to $143.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Finally, Wall Street Zen cut Iron Mountain from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $137.67.

Insider Buying and Selling

In other Iron Mountain news, EVP Mark Kidd sold 6,000 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $122.70, for a total transaction of $736,200.00. Following the completion of the transaction, the executive vice president directly owned 101,507 shares in the company, valued at $12,454,908.90. This represents a 5.58% decrease in their ownership of the stock. The transaction 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, CEO William L. Meaney sold 38,474 shares of Iron Mountain stock in a transaction on Friday, August 7th. The shares were sold at an average price of $121.67, for a total value of $4,681,131.58. Following the transaction, the chief executive officer directly owned 38,474 shares of the company’s stock, valued at approximately $4,681,131.58. The trade was a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 82,948 shares of company stock worth $10,143,093 over the last ninety days. Company insiders own 1.70% of the company’s stock.

Iron Mountain Price Performance

Shares of Iron Mountain stock opened at $117.55 on Monday. The firm has a market capitalization of $34.99 billion, a PE ratio of 83.96 and a beta of 1.20. The company’s fifty day moving average price is $123.89 and its two-hundred day moving average price is $118.28. Iron Mountain Incorporated has a 52-week low of $77.77 and a 52-week high of $134.68.

Iron Mountain (NYSE:IRM) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.06. Iron Mountain had a net margin of 5.54% and a negative return on equity of 85.44%. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $1.97 billion. During the same period last year, the firm earned $1.24 EPS. The firm’s revenue for the quarter was up 18.5% compared to the same quarter last year. Iron Mountain has set its Q3 2026 guidance at 1.470-1.470 EPS and its FY 2026 guidance at 5.870-5.930 EPS. Analysts predict that Iron Mountain Incorporated will post 5.42 earnings per share for the current fiscal year.

Iron Mountain Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.864 per share. The ex-dividend date is Tuesday, September 15th. This represents a $3.46 dividend on an annualized basis and a yield of 2.9%. Iron Mountain’s dividend payout ratio (DPR) is currently 247.14%.

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.