3M (MMM)

Registrant – 3M Company • 3M Financial Management Company • 3M Healthcare US Opco LLC • 3M Innovative Properties Company • 3M Interamerica LLC • 3M Purification Inc. • Acelity, Inc. • Aearo Technologies LLC • 3M Chemical Operations LLC • 3M Fall Protection Company ...

IRS number

410417775

MMM stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$155.00

Low target

$100.00

High target

$184.00

Latest filings (excl ownership)

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IRAN

Disclosure regarding Iran Threat Reduction and Syria Human Rights Act

22 Oct 24

3M Reports Third-Quarter Results; Raises Full-Year 2024 Earnings Guidance

22 Oct 24

8-K

Mine Safety - Reporting of Shutdowns and Patterns of Violations

19 Aug 24

8-K

Departure of Directors or Certain Officers

1 Aug 24

IRAN

Disclosure regarding Iran Threat Reduction and Syria Human Rights Act

26 Jul 24

3M Delivers Strong Second-Quarter Results; Company Updates Full-Year 2024 Earnings Guidance

26 Jul 24

8-K

3M Announces Departure of Chief Financial Officer

Transcripts

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MMM

Earnings call transcript

2024 Q3

22 Oct 24

MMM

Earnings call transcript

2024 Q2

26 Jul 24

MMM

Earnings call transcript

2024 Q1

30 Apr 24

MMM

Earnings call transcript

2023 Q4

23 Jan 24

MMM

Earnings call transcript

2023 Q3

24 Oct 23

MMM

Earnings call transcript

2023 Q2

25 Jul 23

MMM

Earnings call transcript

2023 Q2

25 Jul 23

MMM

Earnings call transcript

2023 Q1

25 Apr 23

MMM

Earnings call transcript

2022 Q4

24 Jan 23

MMM

Earnings call transcript

2022 Q3

25 Oct 22

Latest ownership filings

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Notice of proposed sale of securities

John Patrick Banovetz

Financial summary

Financial statements Chart MMM financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	6.05 bn	6.05 bn	6.05 bn	6.05 bn	6.05 bn	6.05 bn
Cash burn (monthly)	1.34 bn	(no burn)	(no burn)	(no burn)	595.67 mm	(no burn)
Cash used (since last report)	3.75 bn	n/a	n/a	n/a	1.66 bn	n/a
Cash remaining	2.30 bn	n/a	n/a	n/a	4.39 bn	n/a
Runway (months of cash)	1.7	n/a	n/a	n/a	7.4	n/a

Beta Read what these cash burn values mean

Financial data from 3M earnings reports.

Institutional ownership, Q3 2024

MMM institutional ownership history Ownership history

64.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1999	1881	+6.3%
Opened positions	264	192	+37.5%
Closed positions	146	173	-15.6%
Increased positions	587	687	-14.6%
Reduced positions	829	712	+16.4%

13F shares	Current	Prev Q	Change
Total value	47.47 tn	35.43 tn	+34.0%
Total shares	358.10 mm	356.57 mm	+0.4%
Total puts	7.67 mm	4.46 mm	+72.0%
Total calls	11.00 mm	6.98 mm	+57.6%
Total put/call ratio	0.7	0.6	+9.1%

Largest owners	Shares	Value	Change
Vanguard	49.49 mm	$6.77 tn	-0.8%
BLK BlackRock	40.40 mm	$5.52 tn	NEW
STT State Street	27.19 mm	$3.72 tn	+1.1%
JPM JPMorgan Chase & Co.	12.56 mm	$1.72 tn	+660.3%
Geode Capital Management	11.29 mm	$1.54 tn	+0.1%
FMR	8.96 mm	$1.23 tn	+88.7%
MS Morgan Stanley	8.80 mm	$1.20 tn	-10.0%
State Farm Mutual Automobile Insurance	8.18 mm	$1.12 tn	-1.2%
Newport Trust	7.34 mm	$1.00 tn	-3.3%
NTRS Northern Trust	6.00 mm	$819.90 bn	-3.0%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	40.40 mm	+40.40 mm	NEW
BLK BlackRock	0.00	-38.36 mm	EXIT
JPM JPMorgan Chase & Co.	12.56 mm	+10.90 mm	+660.3%
Pacer Advisors	383.27 k	-4.57 mm	-92.3%
Norges Bank	0.00	-4.41 mm	EXIT
FMR	8.96 mm	+4.21 mm	+88.7%
Nuance Investments	878.69 k	-1.72 mm	-66.1%
Adage Capital Partners GP, L.L.C.	2.66 mm	+1.52 mm	+133.9%
Balyasny Asset Management	1.48 mm	-1.51 mm	-50.6%
Alyeska Investment	900.49 k	-1.34 mm	-59.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MMM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
29 Nov 24	Victoria Clarke	Common Stock	Payment of exercise	Dispose F	No	No	133.53	1,095	146.22 k	1,913.073
29 Nov 24	Victoria Clarke	Common Stock	Option exercise	Acquire M	No	No	133.53	2,845	379.89 k	3,008.073
29 Nov 24	Victoria Clarke	RSU Common Stock	Option exercise	Dispose M	No	No	0	2,845	0.00	5,691
20 Nov 24	Theresa E Reinseth	Common Stock	Sell	Dispose S	No	No	127.7103	1,033	131.92 k	4,388.052
1 Nov 24	Mark W. Murphy	Common Stock	Payment of exercise	Dispose F	No	No	127.22	646	82.18 k	2,131.285
1 Nov 24	Mark W. Murphy	Common Stock	Option exercise	Acquire M	No	No	127.22	2,111	268.56 k	2,777.285
1 Nov 24	Mark W. Murphy	RSU Common Stock	Option exercise	Dispose M	No	No	0	2,111	0.00	0
1 Nov 24	Theresa E Reinseth	Common Stock	Payment of exercise	Dispose F	No	No	127.22	866	110.17 k	5,421.052
1 Nov 24	Theresa E Reinseth	Common Stock	Option exercise	Acquire M	No	No	127.22	1,899	241.59 k	6,287.052
1 Nov 24	Theresa E Reinseth	RSU Common Stock	Option exercise	Dispose M	No	No	0	1,899	0.00	0