Iron Mountain (NYSE:IRM) EVP Greg Mcintosh Sells 5,000 Shares

Iron Mountain Incorporated (NYSE:IRM) EVP Greg Mcintosh sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $115.60, for a total transaction of $578,000.00. Following the transaction, the executive vice president owned 75,634 shares of the company’s stock, valued at $8,743,290.40. This trade represents a 6.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Iron Mountain Stock Performance

Iron Mountain stock opened at $111.96 on Thursday. Iron Mountain Incorporated has a fifty-two week low of $77.77 and a fifty-two week high of $134.68. The stock has a market cap of $33.33 billion, a P/E ratio of 79.97 and a beta of 1.18. The firm’s fifty day moving average price is $122.80 and its 200-day moving average price is $118.54.

Iron Mountain (NYSE:IRM) last posted its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.06. Iron Mountain had a negative return on equity of 85.44% and a net margin of 5.54%.The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same quarter last year, the company earned $1.24 earnings per share. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. 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. Sell-side analysts predict that Iron Mountain Incorporated will post 5.42 earnings per share for the current year.

Iron Mountain Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.864 per share. This represents a $3.46 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Tuesday, September 15th. Iron Mountain’s dividend payout ratio (DPR) is 247.14%.

Trending Headlines about Iron Mountain

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

• Positive Sentiment: Iron Mountain expanded its Middle East presence through a partnership with Saudi Arabia’s Social Development Bank. The bank will use Iron Mountain InSight DXP’s AI-powered intelligent document processing to modernize financing workflows, supporting the company’s digital-transformation strategy and potentially creating a foothold for additional regional business. Iron Mountain Expands Footprint in the Middle East with Social Development Bank Partnership
• Positive Sentiment: The company’s latest quarterly results showed strong operating momentum: revenue increased 18.5% year over year to $2.03 billion and earnings per share of $0.60 exceeded the $0.54 consensus estimate. Management also raised full-year 2026 guidance, reinforcing the growth contribution from digital and data-center-related businesses. Iron Mountain Swings To Profit As Growth Businesses Surge
• Neutral Sentiment: Analysts remain generally constructive, with a consensus “Moderate Buy” rating and an average price target of $137.67. However, the target revisions largely follow the August earnings report rather than representing a new catalyst today.
• Negative Sentiment: CEO William Meaney sold 38,474 shares for approximately $4.39 million, reducing his direct ownership by 50%. EVP Mark Kidd sold 6,000 shares and EVP Greg McIntosh sold 5,000 shares. All three transactions were conducted under pre-arranged Rule 10b5-1 plans, which reduces their significance as discretionary bearish bets, but the concentration of executive selling may still weigh on sentiment. Insider Selling at Iron Mountain
• Negative Sentiment: Iron Mountain’s quarterly dividend remains attractive at $0.864 per share, or roughly a 3.1% annualized yield, but its reported payout ratio above 247% may raise questions about earnings-based dividend coverage.

Institutional Trading of Iron Mountain

Hedge funds have recently added to or reduced their stakes in the business. Garton & Associates Financial Advisors LLC bought a new position in shares of Iron Mountain during the fourth quarter valued at about $25,000. Bell Investment Advisors Inc bought a new stake in shares of Iron Mountain in the 2nd quarter valued at about $26,000. Meeder Asset Management Inc. purchased a new stake in Iron Mountain during the 2nd quarter valued at about $27,000. Beaird Harris Wealth Management LLC grew its position in Iron Mountain by 17,500.0% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 350 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC purchased a new position in Iron Mountain in the 1st quarter worth approximately $31,000. 80.13% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on IRM. Weiss Ratings downgraded shares of Iron Mountain from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Truist Financial boosted their price target on shares of Iron Mountain from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Wall Street Zen lowered shares of Iron Mountain from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Barclays raised their price objective on shares of Iron Mountain from $127.00 to $143.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Finally, Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $137.67.

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.