3M Company (MMM)

Over the past six months, 3M Co.'s stock has shown an increase of 1.12% over the past 30 days and 13.82% over the past 12 months, with a 52-week low of $121.98 on April 7, 2025, and a 52-week high of $164.15 on July 18, 2025. Key events include the spin-off of Solventum Corporation, which has been cited as a factor in the stock's surge since May 2025. Promising developments in resolving past issues with PFAS liabilities and the combat arms earplugs settlement have contributed to investor optimism. William Brown was appointed CEO, effective May 1, 2024, and has implemented strategic changes. 3M held its Q1 2025 Earnings Conference Call on April 22, 2025, and its Q2 2025 Earnings Conference Call on July 18, 2025, and declared quarterly dividends. As of October 2025, 3M is exploring the potential sale of billions of dollars worth of assets from its industrial operations.

Due to its highly diversified portfolio, 3M Co. does not exhibit a strong, overarching demand seasonality. While some consumer-facing products might be influenced by general consumer spending trends, 3M's broad market exposure helps to mitigate significant overall seasonal fluctuations. Specific product lines may experience their own, less pronounced, seasonal variations based on the industries they serve.

3M Co. is a multinational conglomerate operating in industry, worker safety, and consumer goods. Headquartered in Maplewood, Minnesota, it is a diversified technology and manufacturing leader with over 60,000 products. Its major product categories include adhesives, abrasives, laminates, PPE, and electronic materials. Consumer brands include Scotch Tape, Post-it notes, and Nexcare. In 2024, 3M spun off its healthcare business, Solventum Corporation. The remaining operations are in Safety and Industrial (44% of revenue), Transportation and Electronics (36%), and Consumer (20%).

3M Co. has a significant global presence, operating in over 70 countries and serving customers in over 200 countries. Its operations are divided into the Americas; Asia Pacific; and Europe, Middle East, and Africa. 3M has 80 manufacturing facilities across 29 states in the United States and 125 manufacturing and converting facilities in 37 countries outside the U.S. Nearly half of 3M's revenue is generated outside the Americas.

In the past year, 3M's brand reputation has been significantly influenced by ongoing legal liabilities related to PFAS contamination and lawsuits concerning its Combat Arms Earplugs, leading to significant settlements. 3M continues to engage in initiatives that highlight its commitment to science and innovation, such as the Annual 3M Young Scientist Challenge.

Institutional investors hold approximately 88.64% of 3M Co.'s shares. Vanguard owns the most shares, with over 49 million shares, representing 8.9% of 3M's outstanding shares. Other major institutional shareholders include State Street, BlackRock, and Geode Capital Management. Hedge funds like Millennium Management and Two Sigma Investments also hold stakes. Individual investors generally need to own at least 0.1% of shares outstanding to appear on screens, which for 3M is a stake of about $58.0 million. Monish Patolawala, President & CFO, owns 43,540 shares.