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

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 Trading Up 0.3%

3M stock opened at $149.80 on Thursday. 3M Company has a 52 week low of $139.34 and a 52 week high of $177.41. 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 stock has a market capitalization of $78.13 billion, a P/E ratio of 28.86, a PEG ratio of 2.16 and a beta of 1.03. The stock has a 50-day simple moving average of $147.21 and a 200 day simple moving average of $158.54.

3M (NYSE:MMM) last released its quarterly earnings data on Tuesday, April 21st. The conglomerate reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $6.04 billion. During the same quarter in the prior year, the company earned $1.88 earnings per share. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. 3M has set its FY 2026 guidance at 8.500-8.700 EPS. Analysts expect that 3M Company will post 8.7 earnings per share for the current year.

3M Dividend Announcement

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

Institutional Trading of 3M

Institutional investors have recently bought and sold shares of the business. Commonwealth Retirement Investments LLC acquired a new stake in shares of 3M in the fourth quarter valued at approximately $28,000. J.Safra Asset Management Corp bought a new position in 3M during the 3rd quarter worth $34,000. Westside Investment Management Inc. increased its stake in 3M by 77.4% during the 3rd quarter. Westside Investment Management Inc. now owns 243 shares of the conglomerate’s stock worth $38,000 after acquiring an additional 106 shares during the period. EQ Wealth Advisors LLC acquired a new position in 3M in the 4th quarter valued at $40,000. Finally, Cornerstone Planning Group LLC raised its holdings in 3M by 32.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 292 shares of the conglomerate’s stock valued at $42,000 after acquiring an additional 71 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

MMM has been the topic of a number of research analyst reports. JPMorgan Chase & Co. dropped their price target on 3M from $182.00 to $178.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Mizuho set a $160.00 price objective on shares of 3M in a research report on Wednesday, January 21st. Weiss Ratings raised shares of 3M from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Barclays lowered their price target on shares of 3M from $190.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Finally, HSBC boosted their price objective on 3M from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Six analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $171.17.

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.

About 3M

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).