Rep. Josh Gottheimer Sells 3M Company (NYSE:MMM) Shares

Posted by on May 21st, 2026

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of 3M Company (NYSE:MMM). In a filing disclosed on May 19th, the Representative disclosed that they had sold between $1,001 and $15,000 in 3M stock on April 28th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/27/2026.
  • Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/24/2026.
  • Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/24/2026.
  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/23/2026.
  • Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/16/2026.
  • Purchased $1,001 – $15,000 in shares of Freeport-McMoRan (NYSE:FCX) on 4/15/2026.
  • Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 4/13/2026.
  • Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 4/13/2026.
  • Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 4/9/2026.
  • Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 4/9/2026.

3M Price Performance

Shares of NYSE MMM opened at $149.80 on Thursday. 3M Company has a fifty-two week low of $139.34 and a fifty-two week high of $177.41. The business has a 50-day simple moving average of $147.21 and a two-hundred day simple moving average of $158.54. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.19 and a current ratio of 1.59. The company has a market cap of $78.13 billion, a PE ratio of 28.86, a P/E/G ratio of 2.16 and a beta of 1.03.

3M (NYSE:MMM – Get Free Report) last released its earnings results on Tuesday, April 21st. The conglomerate reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.16. 3M had a return on equity of 104.75% and a net margin of 11.14%.The firm had revenue of $6 billion during the quarter, compared to the consensus estimate of $6.04 billion. During the same quarter in the previous year, the company posted $1.88 earnings per share. The company’s revenue was up 1.3% compared to the same quarter last year. 3M has set its FY 2026 guidance at 8.500-8.700 EPS. As a group, equities analysts expect that 3M Company will post 8.7 EPS for the current fiscal year.

3M Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be issued a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 22nd. 3M’s dividend payout ratio (DPR) is currently 60.12%.

Analysts Set New Price Targets

MMM has been the subject of a number of recent analyst reports. Barclays cut their price objective on 3M from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. JPMorgan Chase & Co. lowered their price target on 3M from $182.00 to $178.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Wells Fargo & Company raised their price target on 3M from $160.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Citigroup lowered their price target on 3M from $175.00 to $166.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Finally, Royal Bank Of Canada decreased their price target on 3M from $134.00 to $133.00 and set an “underperform” rating for the company in a report on Wednesday, April 22nd. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, 3M presently has an average rating of “Hold” and a consensus price target of $171.17.

Read Our Latest Analysis on 3M

Institutional Trading of 3M

Large investors have recently added to or reduced their stakes in the stock. Commonwealth Retirement Investments LLC acquired a new stake in 3M in the fourth quarter valued at approximately $28,000. J.Safra Asset Management Corp acquired a new position in 3M in the third quarter worth about $34,000. Westside Investment Management Inc. grew its stake in 3M by 77.4% in the third quarter. Westside Investment Management Inc. now owns 243 shares of the conglomerate’s stock worth $38,000 after purchasing an additional 106 shares in the last quarter. EQ Wealth Advisors LLC acquired a new position in 3M in the fourth quarter worth about $40,000. Finally, Cornerstone Planning Group LLC boosted its holdings in 3M by 32.1% in the first quarter. Cornerstone Planning Group LLC now owns 292 shares of the conglomerate’s stock worth $42,000 after purchasing an additional 71 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

3M Company Profile

(Get Free Report)

3M Company, originally founded in 1902 as the Minnesota Mining and Manufacturing Company, is a diversified global technology and manufacturing firm headquartered in St. Paul, Minnesota. Over its history the company has expanded from mineral mining into a broad portfolio of industrial, safety, healthcare and consumer products, building a reputation for applied science and product innovation across many end markets.

3M’s businesses span a wide range of product categories including adhesives and tapes, abrasives, filtration and separation technologies, personal protective equipment such as respirators, medical and dental products, industrial and automotive solutions, and a suite of consumer brands (for example, well-known office and home products).

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