Iron Mountain (NYSE:IRM) EVP Sells $584,800.00 in Stock

Posted by Brian Himes on Nov 6th, 2026

Iron Mountain Incorporated (NYSE:IRM – Get Free Report) EVP Greg Mcintosh sold 5,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $116.96, for a total transaction of $584,800.00. Following the sale, the executive vice president directly owned 65,634 shares of the company’s stock, valued at approximately $7,676,552.64. This represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Iron Mountain Trading Down 11.3%

NYSE IRM opened at $105.23 on Friday. The stock’s 50-day moving average price is $114.08 and its two-hundred day moving average price is $115.31. The company has a market cap of $31.33 billion, a PE ratio of 75.16 and a beta of 1.18. Iron Mountain Incorporated has a 1 year low of $77.77 and a 1 year high of $134.68.

Iron Mountain (NYSE:IRM – Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The financial services provider reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Iron Mountain had a net margin of 5.54% and a negative return on equity of 85.44%. The company’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.32 EPS. Research analysts forecast that Iron Mountain Incorporated will post 5.42 EPS for the current fiscal year.

Iron Mountain Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 6th. Shareholders of record on Tuesday, December 15th will be paid a $0.9930 dividend. This represents a $3.97 dividend on an annualized basis and a yield of 3.8%. This is an increase from Iron Mountain’s previous quarterly dividend of $0.8640. The ex-dividend date is Tuesday, December 15th. Iron Mountain’s dividend payout ratio is presently 246.43%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in Iron Mountain in the second quarter valued at approximately $4,240,342,000. Principal Financial Group Inc. lifted its position in shares of Iron Mountain by 8.5% during the first quarter. Principal Financial Group Inc. now owns 4,566,093 shares of the financial services provider’s stock valued at $466,382,000 after purchasing an additional 358,497 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Iron Mountain by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,552,286 shares of the financial services provider’s stock worth $464,931,000 after buying an additional 122,927 shares during the last quarter. Legal & General Group Plc purchased a new position in Iron Mountain in the second quarter worth $409,843,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Iron Mountain by 29,674.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,193,560 shares of the financial services provider’s stock worth $403,379,000 after buying an additional 3,182,834 shares during the last quarter. Institutional investors own 80.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. BNP Paribas Exane raised their target price on Iron Mountain from $138.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn assumed coverage on shares of Iron Mountain in a report on Monday, September 21st. They issued a “buy” rating and a $132.00 target price on the stock. Barclays boosted their price objective on Iron Mountain from $143.00 to $144.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 8th. The Goldman Sachs Group upped their price objective on shares of Iron Mountain from $153.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday, October 6th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Iron Mountain from $138.00 to $147.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $143.89.

View Our Latest Research Report on Iron Mountain

Key Stories Impacting Iron Mountain

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

Positive Sentiment: Third-quarter adjusted funds from operations (AFFO) beat estimates, supported by data-center leasing growth, asset lifecycle management and resilient storage operations. Revenue was about $1.99 billion, up 13.5% year over year, and the company raised its 2026 outlook. Article: IRM Q3 AFFO Beats Estimates on Data Center and ALM Growth
Positive Sentiment: IRM increased its quarterly dividend 14.9% to $0.993 per share, equivalent to about $3.97 annually and a 3.8% yield. The higher payout may support investor appeal. Article: Iron Mountain Increases Quarterly Dividend per Share by 15%
Negative Sentiment: The main pressure was softer-than-expected revenue guidance for the fourth quarter. Investors appeared to weigh that near-term outlook more heavily than the quarterly beat and raised full-year forecast. Article: Iron Mountain shares decline as revenue guidance falls below forecasts despite Q3 earnings beat

Iron Mountain Company Profile

(Get Free Report)

Iron Mountain Incorporated (NYSE: IRM) is a global information management and storage company that helps organizations protect, manage and optimize their physical and digital assets. Founded in 1951, the company began as a records storage provider and has expanded into a broader information lifecycle management business.

Its services include records storage and retrieval, information governance, secure shredding and destruction, document scanning, digital transformation, backup and recovery, and data center services.