3M Company (MMM)

In the past six months (approximately April 2025 to October 2025), 3M Co. (MMM) stock price has seen an increase of 29.33% from October 28, 2024, to October 24, 2025. On October 22, 2025, 3M Co. closed up more than 7% after raising its full-year adjusted EPS continuing operations guidance to $7.95-$8.05 from a previous estimate of $7.75-$8.00, reporting strong Q3 results with 3.2% organic sales growth. In April 2024, 3M completed the planned spin-off of its healthcare business, Solventum Corporation. 3M Company declared a quarterly dividend for Q3 2025, payable on September 12, 2025. UBS raised its price target on 3M to $190 from $184 while maintaining a Buy rating in October 2025, and JPMorgan also maintained an "Overweight" recommendation and raised its price target to $178.00 in October 2025. Morgan Stanley also lifted 3M's rating.

Demand seasonality for 3M Co. products and services can be observed in certain segments, with Q3 often seeing higher consumer demand due to "back-to-school" related purchases. While a slower global economic growth, particularly in China, can depress commodity prices, specific commodities like natural gas may see price increases due to seasonal demand spikes. 3M's diversified portfolio across consumer goods, healthcare, and industrial products means its performance can be influenced by various factors such as consumer spending trends, healthcare advancements, and industrial demand, which can have their own seasonal patterns.

3M Company is a diversified American multinational conglomerate headquartered in St. Paul, Minnesota. Founded in 1902, it has evolved into a technology and manufacturing leader operating in various sectors including industry, worker safety, and consumer goods. The company's business model is centered on innovation, operational efficiency, and customer-centric solutions. 3M operates through four primary business segments: Safety and Industrial, Transportation and Electronics, Healthcare (spun off into Solventum Corporation in April 2024), and Consumer. Overall, 3M produces over 60,000 products, with well-known consumer brands including Scotch Tape, Scotchgard, Post-it Notes, and Nexcare adhesive bandages.

3M Company has a significant global presence, operating in over 70 countries and serving customers in more than 200 countries worldwide. The company's operations are divided into three main regions: Americas; Asia Pacific; and Europe, Middle East and Africa. 3M has manufacturing facilities in 38 countries and a presence in over 200 countries. Its general offices, corporate research laboratories, and some division laboratories in the U.S. are located in St. Paul, Minnesota. In 2017, 3M operated 80 manufacturing facilities across 29 states in the United States and 125 manufacturing and converting facilities in 37 countries outside the U.S.

3M Co. has historically enjoyed a stellar reputation, built on innovation and a diversified portfolio; however, in the past year, its reputation has been significantly impacted by major litigation risks. The company has faced challenges related to environmental litigation, particularly concerning PFAS ("forever chemicals"), and lawsuits related to combat earplugs. In June 2023, 3M reached a settlement to pay over $10 billion to US public water systems to resolve claims over PFAS contamination. Despite these challenges, 3M's strong brand reputation and strategic initiatives are still seen as positioning it for long-term growth.

3M Co. (MMM) stock ownership is primarily held by institutional investors, with approximately 74.07% institutional shareholders, 25.38% retail investors, and 0.54% insiders. Vanguard Group Inc. is the largest individual 3M shareholder, owning 48.88 million shares representing 9.20% of the company. Other major institutional owners include JPMorgan Chase & Co., BlackRock, Inc., State Street Corp., Geode Capital Management, LLC, Capital World Investors, Fmr Llc, and State Farm Mutual Automobile Insurance Co. Some of the top hedge funds holding 3M include Millennium Management, Two Sigma Investments, Balyasny Asset Management, Alyeska Investment Group, and Renaissance Technologies.