Iron Mountain Incorporated $IRM Shares Purchased by NEOS Investment Management LLC

Posted by Stanley Muller on Sep 5th, 2026

NEOS Investment Management LLC boosted its holdings in Iron Mountain Incorporated (NYSE:IRM – Free Report) by 9.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 110,692 shares of the financial services provider’s stock after acquiring an additional 9,630 shares during the quarter. NEOS Investment Management LLC’s holdings in Iron Mountain were worth $13,982,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bell Investment Advisors Inc acquired a new position in shares of Iron Mountain in the 2nd quarter worth approximately $26,000. Meeder Asset Management Inc. acquired a new stake in Iron Mountain during the second quarter valued at approximately $27,000. IMG Wealth Management Inc. acquired a new position in Iron Mountain in the second quarter worth approximately $34,000. Elevation Wealth Partners LLC lifted its position in shares of Iron Mountain by 444.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 283 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 231 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC bought a new stake in shares of Iron Mountain during the 1st quarter worth $31,000. 80.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Report on Iron Mountain

Iron Mountain Price Performance

NYSE:IRM opened at $116.81 on Friday. The stock has a market cap of $34.77 billion, a PE ratio of 83.44 and a beta of 1.18. Iron Mountain Incorporated has a fifty-two week low of $77.77 and a fifty-two week high of $134.68. The stock’s 50-day moving average is $122.18 and its two-hundred day moving average is $118.56.

Iron Mountain (NYSE:IRM – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.60 EPS for the quarter, topping the consensus estimate of $0.54 by $0.06. The business had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Iron Mountain had a net margin of 5.54% and a negative return on equity of 85.44%. The firm’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period last year, the company posted $1.24 earnings per share. 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. On average, equities research analysts anticipate that Iron Mountain Incorporated will post 5.42 earnings per share for the current year.

Iron Mountain Announces Dividend

The business also recently announced 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 of this dividend is Tuesday, September 15th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 3.0%. Iron Mountain’s dividend payout ratio (DPR) is 247.14%.

Insider Activity

In related news, EVP Mark Kidd sold 6,000 shares of Iron Mountain 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 sale, the executive vice president owned 101,507 shares of the company’s stock, valued at approximately $12,454,908.90. This trade represents a 5.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. Also, EVP Greg W. Mcintosh sold 5,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $115.60, for a total value of $578,000.00. Following the completion of the transaction, the executive vice president owned 75,634 shares in the company, valued at $8,743,290.40. This trade represents a 6.20% decrease in their position. 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 a total of 132,422 shares of company stock worth $15,803,807 in the last ninety days. Corporate insiders own 1.70% of the company’s stock.

Iron Mountain Profile

(Free Report)

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.