Rep. Julie Johnson Sells 3M Company (NYSE:MMM) Stock

Representative Julie Johnson (D-Texas) recently sold shares of 3M Company (NYSE:MMM). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in 3M stock on December 18th. 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 Texas Instruments (NASDAQ:TXN) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Dover (NYSE:DOV) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Philip Morris International (NYSE:PM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Republic Services (NYSE:RSG) on 12/18/2025.

3M Stock Performance

Shares of NYSE:MMM opened at $168.05 on Friday. The business has a fifty day moving average of $166.11 and a 200-day moving average of $159.47. The firm has a market cap of $89.27 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of 2.35 and a beta of 1.09. The company has a debt-to-equity ratio of 2.54, a quick ratio of 1.40 and a current ratio of 1.84. 3M Company has a twelve month low of $121.98 and a twelve month high of $174.69.

3M (NYSE:MMM) last issued its quarterly earnings results on Tuesday, October 21st. The conglomerate reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.07 by $0.12. 3M had a net margin of 13.70% and a return on equity of 98.47%. The business had revenue of $6.32 billion during the quarter, compared to analyst estimates of $6.25 billion. During the same quarter last year, the business posted $1.98 earnings per share. 3M’s revenue for the quarter was up 3.3% compared to the same quarter last year. 3M has set its FY 2025 guidance at 7.950-8.05 EPS. On average, equities research analysts predict that 3M Company will post 7.8 EPS for the current fiscal year.

3M Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 14th were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, November 14th. 3M’s dividend payout ratio is presently 46.65%.

Analysts Set New Price Targets

A number of analysts recently commented on MMM shares. Royal Bank Of Canada reiterated an “underperform” rating and issued a $131.00 price objective on shares of 3M in a research report on Thursday. Wolfe Research reduced their target price on shares of 3M from $197.00 to $196.00 and set an “outperform” rating on the stock in a research note on Thursday. Wells Fargo & Company boosted their price target 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. 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. Finally, Barclays lifted their target price on shares of 3M from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $175.80.

Insider Buying and Selling

In other news, EVP Mark W. Murphy sold 19,061 shares of the stock in a transaction 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 sale, the executive vice president owned 6,594 shares of the company’s stock, valued at $1,098,230.70. This represents a 74.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Zoe L. Dickson sold 13,826 shares of the firm’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $169.78, for a total transaction of $2,347,378.28. Following the sale, the executive vice president owned 6,162 shares in the company, valued at approximately $1,046,184.36. The trade was a 69.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 46,516 shares of company stock valued at $7,836,465. 0.34% of the stock is owned by company insiders.

Hedge Funds Weigh In On 3M

Institutional investors and hedge funds have recently made changes to their positions in the company. GFG Capital LLC acquired a new stake in 3M during the 2nd quarter worth $28,000. J.Safra Asset Management Corp acquired a new stake in shares of 3M during the third quarter worth about $34,000. Westside Investment Management Inc. raised its position in shares of 3M by 77.4% during 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 during the period. Cloud Capital Management LLC bought a new position in shares of 3M during the 3rd quarter valued at about $50,000. Finally, Collier Financial acquired a new position in shares of 3M in the 3rd quarter valued at approximately $52,000. Institutional investors and hedge funds 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

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).