3M (MMM) to Announce Earnings on Tuesday

3M (NYSE:MMM) is projected to release its Q2 2026 results before the market opens on Tuesday, July 21st. Analysts expect the company 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. Investors may visit the the company’s upcoming Q2 2026 earning overview 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 earnings results on Tuesday, April 21st. The conglomerate reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.16. The business had revenue of $6 billion for the quarter, compared to analysts’ expectations of $6.04 billion. 3M had a net margin of 11.14% and a return on equity of 104.75%. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.88 EPS. On average, analysts expect 3M to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

3M Stock Down 1.2%

MMM opened at $159.81 on Friday. The company has a fifty day moving average price of $156.11 and a 200-day moving average price of $156.14. The firm has a market capitalization of $83.35 billion, a P/E ratio of 30.79, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.59 and a quick ratio of 1.19. 3M has a one year low of $139.34 and a one year high of $177.41.

3M Dividend Announcement

The firm also recently disclosed 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 of this dividend was Friday, May 22nd. This represents a $3.12 annualized dividend and a yield of 2.0%. 3M’s dividend payout ratio (DPR) is currently 60.12%.

Institutional Investors Weigh In On 3M

Large investors have recently added to or reduced their stakes in the company. Sfam LLC purchased a new position in shares of 3M in the 4th quarter worth about $45,000. WFA of San Diego LLC purchased a new position in shares of 3M during the 2nd quarter valued at about $61,000. Bank of Jackson Hole Trust lifted its position in 3M by 12.5% in the 4th quarter. Bank of Jackson Hole Trust now owns 821 shares of the conglomerate’s stock worth $131,000 after buying an additional 91 shares during the last quarter. Wellspring Financial Advisors LLC bought a new stake in 3M in the 4th quarter worth approximately $225,000. Finally, Golden State Wealth Management LLC boosted its stake in 3M by 18.9% in the fourth quarter. Golden State Wealth Management LLC now owns 1,520 shares of the conglomerate’s stock worth $243,000 after buying an additional 242 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Barclays reduced their target price on 3M from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Citigroup dropped their price target on 3M from $175.00 to $166.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Weiss Ratings lowered 3M from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of 3M from $181.00 to $171.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Finally, Sanford C. Bernstein assumed coverage on shares of 3M in a research note on Tuesday, June 9th. They issued an “underperform” rating and a $131.00 target price on the stock. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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).