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 Trading Up 0.2%
Shares of MMM opened at $168.94 on Monday. The company's fifty day simple moving average is $164.39 and its 200-day simple moving average is $156.60. The company has a market cap of $89.74 billion, a P/E ratio of 26.99, a P/E/G ratio of 2.59 and a beta of 1.08. The company has a current ratio of 1.84, a quick ratio of 1.40 and a debt-to-equity ratio of 2.54. 3M Company has a twelve month low of $121.98 and a twelve month high of $174.69.
3M (NYSE:MMM - Get Free Report) last posted its quarterly earnings data on Tuesday, February 21st. The conglomerate reported $2.45 earnings per share for the quarter. The company had revenue of $8.38 billion for the quarter. 3M had a net margin of 13.70% and a return on equity of 98.47%. As a group, analysts expect that 3M Company will post 7.8 EPS for the current year.
3M Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 14th were paid a $0.73 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.7%. 3M's dividend payout ratio is currently 46.65%.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on MMM. Morgan Stanley set a $160.00 price target on 3M and gave the stock an "equal weight" rating in a research note on Tuesday, October 21st. Wolfe Research lifted their target price on 3M from $187.00 to $197.00 and gave the stock an "outperform" rating in a research report on Thursday, November 13th. Barclays upped their price target on shares of 3M from $180.00 to $190.00 and gave the stock an "overweight" rating in a report on Thursday, December 4th. UBS Group lifted their price objective on shares of 3M from $184.00 to $190.00 and gave the company a "buy" rating in a report on Wednesday, October 22nd. Finally, Wells Fargo & Company upped their target price on shares of 3M from $176.00 to $183.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 22nd. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $175.40.
Get Our Latest Stock Report on 3M
Insider Transactions at 3M
In related news, EVP Mark W. Murphy sold 19,061 shares of the business's stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $166.55, for a total transaction of $3,174,609.55. Following the completion of the transaction, the executive vice president 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 legal filing with the SEC, which is available through this link. Also, EVP Zoe L. Dickson sold 13,826 shares of the firm's stock in a transaction that occurred on 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 sale, the executive vice president owned 6,162 shares of the company's stock, valued at approximately $1,046,184.36. This trade represents a 69.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 46,516 shares of company stock valued at $7,836,465 over the last quarter. 0.48% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On 3M
Several large investors have recently modified their holdings of the business. GFG Capital LLC bought a new position in shares of 3M during the second quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd bought a new stake in 3M during the 1st quarter valued at $28,000. WPG Advisers LLC purchased a new position in shares of 3M in the 1st quarter valued at $28,000. Saudi Central Bank bought a new position in shares of 3M in the 1st quarter worth $31,000. Finally, J.Safra Asset Management Corp purchased a new stake in shares of 3M during the 3rd quarter worth $34,000. Institutional investors own 65.25% of the company's stock.
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.
3M Company Profile
(
Get Free Report)
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.
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