3M Company (MMM)

Over the past six months, 3M Co. stock has experienced a notable increase, gaining 17.0% as of July 15, 2025. Key events impacting the stock price include Q4 2024 earnings beat, analyst optimism and raised guidance, the New Jersey PFAS settlement, and Q2 2025 earnings beat. 3M shares surged in January 2025 after the company reported better-than-expected fourth-quarter profit and sales. In July 2025, 3M's stock surged to a four-year high after reporting better-than-expected second-quarter 2025 results and raising its full-year 2025 adjusted EPS guidance. In May 2025, 3M reached an agreement to resolve all legacy and future PFAS-related claims with the State of New Jersey.

Demand for 3M's products is generally affected by factors such as the introduction of competitive products, pricing strategies, changes in customer order patterns, and shifts in customer preferences. The Consumer segment can experience softer retail spending but benefits from a strong holiday season and the Back to College season. The Safety & Industrial segment has shown strong momentum driven by demand in roofing granules, industrial adhesives and tapes, and electrical markets. The Transportation & Electronics segment has seen strength in electronics and aero but has also experienced weakness in automotive and electronics markets.

3M Company is a multinational conglomerate operating in diverse sectors, primarily within the Industrial Conglomerates industry. It is headquartered in Maplewood, Minnesota, and known for its research and development and its wide array of over 60,000 innovative products. The company's operations are structured into three main business segments: Safety & Industrial, Transportation & Electronics, and Consumer. In April 2024, 3M spun off its healthcare business, now known as Solventum Corporation.

3M has a significant global presence, with operations in more than 70 countries and sales in over 200 countries and territories. It maintains a broad manufacturing footprint, including approximately 80 facilities in 29 U.S. states and 125 manufacturing and converting facilities in 37 countries outside the U.S. The Americas represent 3M's largest market, accounting for 55% of its sales, followed by Europe, the Middle East, and Africa (17%), Asia (16%), and China (12%).

In the past year, 3M's brand reputation has been significantly impacted by ongoing legal challenges related to its Combat Arms Earplugs and Per- and Polyfluoroalkyl Substances (PFAS). In August 2023, 3M reached an agreement to settle the Combat Arms Earplug litigation for $6.0 billion. In June 2023, 3M announced a $10.3 billion settlement for various lawsuits over PFAS in its products, which was finalized in April 2024. In May 2025, 3M resolved PFAS-related claims with the State of New Jersey for approximately $285 million.

3M Co. is predominantly owned by institutional shareholders, who hold 71.53% of the company's stock. Retail investors own 27.93%, while 3M insiders hold a smaller portion at 0.54%. Vanguard Group Inc. is the largest individual shareholder, owning over 49 million shares, representing 9.11% of the company.