Rep. Julie Johnson Sells Off Shares of 3M Company (NYSE:MMM)

Representative Julie Johnson (D-Texas) recently sold shares of 3M Company (NYSE:MMM). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in 3M stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.

3M Stock Up 0.7%

Shares of MMM stock traded up $1.13 during mid-day trading on Friday, reaching $162.89. 1,066,495 shares of the company’s stock traded hands, compared to its average volume of 3,518,858. The company’s 50-day moving average price is $165.05 and its 200-day moving average price is $156.89. The company has a market cap of $86.53 billion, a P/E ratio of 26.00, a P/E/G ratio of 2.49 and a beta of 1.08. The company has a quick ratio of 1.40, a current ratio of 1.84 and a debt-to-equity ratio of 2.54. 3M Company has a 12 month low of $121.98 and a 12 month high of $174.69.

3M (NYSE:MMM) last announced its earnings results on Tuesday, February 21st. The conglomerate reported $2.45 earnings per share for the quarter. 3M had a net margin of 13.70% and a return on equity of 98.47%. The business had revenue of $8.38 billion during the quarter. On average, equities analysts expect that 3M Company will post 7.8 earnings per share for the current fiscal year.

3M Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 14th were given a dividend of $0.73 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.92 annualized dividend and a yield of 1.8%. 3M’s dividend payout ratio (DPR) is currently 46.65%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Barclays lifted their price objective on 3M from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Wells Fargo & Company raised their price target on 3M from $176.00 to $183.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of 3M in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price objective on shares of 3M from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, Morgan Stanley set a $160.00 price objective on shares of 3M and gave the company an “equal weight” rating in a research note on Tuesday, October 21st. Seven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, 3M has a consensus rating of “Moderate Buy” and a consensus price target of $175.40.

Institutional Trading of 3M

Several large investors have recently added to or reduced their stakes in MMM. Nippon Life Global Investors Americas Inc. increased its holdings in shares of 3M by 1.8% in the first quarter. Nippon Life Global Investors Americas Inc. now owns 429,850 shares of the conglomerate’s stock worth $63,128,000 after purchasing an additional 7,620 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in 3M by 15.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 12,137 shares of the conglomerate’s stock valued at $1,848,000 after buying an additional 1,652 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its stake in 3M by 12.0% in the 2nd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 40,875 shares of the conglomerate’s stock worth $6,218,000 after acquiring an additional 4,384 shares during the last quarter. Zurich Insurance Group Ltd FI purchased a new stake in shares of 3M during the 1st quarter worth approximately $68,822,000. Finally, Duncan Williams Asset Management LLC bought a new position in shares of 3M during the 2nd quarter valued at approximately $425,000. 65.25% of the stock is currently owned by institutional investors.

Insider Buying and Selling at 3M

In other news, EVP Mark W. Murphy sold 19,061 shares of the business’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $166.55, for a total value of $3,174,609.55. Following the sale, the executive vice president directly owned 6,594 shares in the company, valued at $1,098,230.70. The trade was a 74.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Zoe L. Dickson sold 13,826 shares of the stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $169.78, for a total transaction of $2,347,378.28. Following the completion of the transaction, the executive vice president directly owned 6,162 shares of the company’s stock, valued at approximately $1,046,184.36. The trade was a 69.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 46,516 shares of company stock worth $7,836,465 in the last 90 days. 0.34% of the stock is currently owned by company insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About 3M

3M Company provides diversified technology services in the United States and internationally. The company’s Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles.