3M (MMM) Expected to Post Earnings on Tuesday

3M (NYSE:MMM) is expected to announce its Q2 2026 results before the market opens on Tuesday, July 21st. Analysts expect 3M to announce earnings of $2.27 per share and revenue of $6.4048 billion for the quarter. 3M has set its FY 2026 guidance at 8.500-8.700 EPS. Parties may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 9:00 AM ET.

3M (NYSE:MMM) last posted its quarterly earnings results on Tuesday, April 21st. The conglomerate reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.16. The company had revenue of $6 billion for the quarter, compared to analysts’ expectations of $6.04 billion. 3M had a return on equity of 104.75% and a net margin of 11.14%.3M’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the firm earned $1.88 earnings per share. On average, analysts expect 3M to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

3M Trading Down 0.0%

NYSE:MMM opened at $159.81 on Monday. 3M has a 1 year low of $139.34 and a 1 year high of $177.41. The stock has a market cap of $83.35 billion, a P/E ratio of 30.79, a P/E/G ratio of 2.25 and a beta of 1.02. 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 50-day simple moving average of $156.11 and a 200-day simple moving average of $156.11.

3M Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 22nd were paid a dividend of $0.78 per share. The ex-dividend date was Friday, May 22nd. This represents a $3.12 annualized dividend and a yield of 2.0%. 3M’s payout ratio is presently 60.12%.

Hedge Funds Weigh In On 3M

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC lifted its position in 3M by 26.6% in the fourth quarter. Brighton Jones LLC now owns 8,898 shares of the conglomerate’s stock valued at $1,149,000 after purchasing an additional 1,872 shares during the period. Bison Wealth LLC raised its stake in shares of 3M by 10.2% during the 4th quarter. Bison Wealth LLC now owns 2,751 shares of the conglomerate’s stock worth $355,000 after buying an additional 255 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of 3M by 11.4% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 21,606 shares of the conglomerate’s stock worth $3,289,000 after buying an additional 2,203 shares in the last quarter. WFA of San Diego LLC acquired a new stake in shares of 3M in the 2nd quarter valued at approximately $61,000. Finally, Morse Asset Management Inc lifted its holdings in shares of 3M by 1.8% in the 2nd quarter. Morse Asset Management Inc now owns 10,301 shares of the conglomerate’s stock valued at $1,568,000 after buying an additional 185 shares during the period. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Jefferies Financial Group increased their price target on shares of 3M from $170.00 to $175.00 and gave the company a “hold” rating in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of 3M from $181.00 to $171.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. HSBC upped their target price on shares of 3M from $175.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Royal Bank Of Canada dropped their target price on shares of 3M from $133.00 to $123.00 and set an “underperform” rating on the stock in a research report on Thursday. Finally, JPMorgan Chase & Co. upgraded shares of 3M from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $178.00 to $180.00 in a research note on Friday. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $169.43.

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).