3M (NYSE:MMM – Get Free Report) is expected to be posting its Q3 2026 results before the market opens on Tuesday, October 20th. Analysts expect the company to post earnings of $2.39 per share and revenue of $6.61 billion for the quarter. 3M has set its FY 2026 guidance at 8.800-8.950 EPS. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 9:00 AM ET.
3M (NYSE:MMM – Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The conglomerate reported $2.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.25 by $0.15. 3M had a net margin of 11.90% and a return on equity of 115.87%. The firm had revenue of $6.50 billion during the quarter, compared to analysts’ expectations of $6.40 billion. During the same period last year, the business earned $2.16 earnings per share. 3M’s revenue was up 2.5% compared to the same quarter last year. On average, analysts expect 3M to post $8.97 EPS for the current fiscal year and $9.81 EPS for the next fiscal year.
3M Price Performance
Shares of MMM stock opened at $164.46 on Monday. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.24 and a quick ratio of 0.91. The company has a market capitalization of $84.82 billion, a PE ratio of 29.21, a price-to-earnings-growth ratio of 2.30 and a beta of 0.99. The firm’s 50-day moving average is $169.98 and its two-hundred day moving average is $161.40. 3M has a 12 month low of $139.34 and a 12 month high of $184.90.
3M Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 24th were issued a dividend of $0.78 per share. The ex-dividend date was Monday, August 24th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.9%. 3M’s dividend payout ratio (DPR) is currently 55.42%.
Insider Transactions at 3M
In other 3M news, insider Karin Chavez sold 3,635 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $182.51, for a total value of $663,423.85. Following the sale, the insider owned 14,035 shares of the company’s stock, valued at $2,561,527.85. The trade was a 20.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.19% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Citigroup lifted their price target on shares of 3M from $166.00 to $183.00 and gave the company a “neutral” rating in a research report on Wednesday, July 22nd. Wolfe Research reiterated an “outperform” rating on shares of 3M in a research report on Thursday, July 9th. JPMorgan Chase & Co. cut their target price on 3M from $205.00 to $185.00 and set an “overweight” rating for the company in a research note on Friday, October 9th. Wells Fargo & Company assumed coverage on 3M in a research report on Thursday, September 24th. They issued an “equal weight” rating and a $195.00 target price on the stock. Finally, Jefferies Financial Group lifted their target price on 3M from $170.00 to $175.00 and gave the company a “hold” rating in a research report on Monday, June 29th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $181.71.
Read Our Latest Stock Report on 3M
3M Company Profile
3M is a diversified technology and manufacturing company headquartered in St. Paul, Minnesota. Founded in 1902 as Minnesota Mining and Manufacturing Company, it developed from a mining venture into a global enterprise known for applying materials science and engineering to a broad range of industrial, commercial and consumer applications.
The company develops and manufactures products including adhesives, abrasives, filtration systems, personal protective equipment, medical and dental supplies, electrical and electronic materials, automotive components, reflective materials and workplace safety solutions.
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