3M (MMM) Set to Post Earnings on Tuesday

3M (NYSE:MMM) is expected to be releasing its Q3 2026 results before the market opens on Tuesday, October 20th. Analysts expect 3M to announce 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 may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 9:00 AM ET.

3M (NYSE:MMM) last issued its quarterly earnings results on Tuesday, July 21st. The conglomerate reported $2.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.25 by $0.15. 3M had a return on equity of 115.87% and a net margin of 11.90%. The firm had revenue of $6.50 billion during the quarter, compared to the consensus estimate of $6.40 billion. During the same period last year, the business posted $2.16 EPS. The business’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 Trading Down 0.5%

MMM opened at $164.46 on Friday. 3M has a 1-year low of $139.34 and a 1-year high of $184.90. The company has a current ratio of 1.24, a quick ratio of 0.91 and a debt-to-equity ratio of 3.63. The company has a market cap of $84.82 billion, a P/E ratio of 29.21, a price-to-earnings-growth ratio of 2.30 and a beta of 0.99. The company has a fifty day moving average price of $169.98 and a two-hundred day moving average price of $161.27.

3M Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders 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 annualized dividend and a yield of 1.9%. 3M’s dividend payout ratio is presently 55.42%.

Insider Activity at 3M

In other 3M news, insider Karin Chavez sold 3,635 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $182.51, for a total transaction of $663,423.85. Following the completion of the transaction, the insider directly owned 14,035 shares of the company’s stock, valued at approximately $2,561,527.85. This represents 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 accessible through this link. Company insiders own 0.19% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MMM. Weiss Ratings lowered 3M from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. UBS Group lifted their target price on 3M from $190.00 to $218.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Wolfe Research reiterated an “outperform” rating on shares of 3M in a report on Thursday, July 9th. Citigroup increased their price target on 3M from $166.00 to $183.00 and gave the company a “neutral” rating in a research report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft increased their price target on 3M from $192.00 to $194.00 and gave the company a “hold” rating in a research report on Wednesday, September 30th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $181.71.

3M Company Profile

3M is a diversified technology and manufacturing company that develops products and solutions for industrial, workplace safety, transportation, electronics, consumer and other markets. Its portfolio includes adhesives, abrasives, tapes, films, filtration products, personal protective equipment, reflective materials and advanced materials used in manufacturing and commercial applications.

The company sells a broad range of well-known consumer and office products under brands such as Post-it and Scotch.