3M (NYSE:MMM) Stock Unloaded Rep. Julia Letlow

Representative Julia Letlow (Republican-Louisiana) recently sold shares of 3M Company (NYSE:MMM). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in 3M stock on February 2nd. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

3M Stock Down 0.7%

Shares of NYSE:MMM opened at $143.04 on Friday. The company has a market capitalization of $74.72 billion, a price-to-earnings ratio of 23.84, a price-to-earnings-growth ratio of 2.08 and a beta of 1.08. The company has a 50 day moving average of $158.64 and a two-hundred day moving average of $161.16. 3M Company has a 52-week low of $121.98 and a 52-week high of $177.41. The company has a quick ratio of 1.33, a current ratio of 1.71 and a debt-to-equity ratio of 2.30.

3M (NYSE:MMM) last posted its earnings results on Tuesday, January 20th. The conglomerate reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.03. The business had revenue of $6 billion for the quarter, compared to analysts’ expectations of $6.03 billion. 3M had a net margin of 13.03% and a return on equity of 95.36%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.68 earnings per share. 3M has set its FY 2026 guidance at 8.50-8.700 EPS. As a group, analysts forecast that 3M Company will post 7.8 earnings per share for the current fiscal year.

3M Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Friday, February 13th were issued a $0.78 dividend. The ex-dividend date was Friday, February 13th. This represents a $3.12 dividend on an annualized basis and a yield of 2.2%. This is a boost from 3M’s previous quarterly dividend of $0.73. 3M’s dividend payout ratio (DPR) is currently 52.00%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MMM. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $182.00 price target on shares of 3M in a research note on Friday, January 16th. Royal Bank Of Canada raised their price objective on 3M from $131.00 to $136.00 and gave the company an “underperform” rating in a research note on Wednesday, January 21st. Wolfe Research lifted their price objective on 3M from $196.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft upped their target price on 3M from $179.00 to $181.00 and gave the company a “hold” rating in a research report on Wednesday, January 21st. Finally, Barclays increased their target price on 3M from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $175.90.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in MMM. Commonwealth Retirement Investments LLC acquired a new stake in shares of 3M during the 4th quarter valued at approximately $28,000. J.Safra Asset Management Corp acquired a new position in 3M in the third quarter worth $34,000. Westside Investment Management Inc. boosted its holdings in 3M by 77.4% in 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. EQ Wealth Advisors LLC bought a new stake in 3M during the fourth quarter valued at $40,000. Finally, Sfam LLC acquired a new stake in shares of 3M during the fourth quarter worth $45,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Insider Activity

In other news, CAO Theresa E. Reinseth sold 5,145 shares of 3M stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $172.75, for a total value of $888,798.75. Following the completion of the transaction, the chief accounting officer directly owned 2,585 shares of the company’s stock, valued at approximately $446,558.75. The trade was a 66.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.34% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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).