3M (MMM) Expected 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 3M to post earnings of $2.27 per share and revenue of $6.4067 billion for the quarter. 3M has set its FY 2026 guidance at 8.500-8.700 EPS. Interested persons may review the information on 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 issued 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. 3M had a net margin of 11.14% and a return on equity of 104.75%. The firm had revenue of $6 billion for the quarter, compared to analyst estimates of $6.04 billion. During the same period last year, the company posted $1.88 EPS. 3M’s quarterly revenue was up 1.3% compared to the same quarter last year. On average, analysts expect 3M to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

3M Trading Up 0.1%

MMM stock opened at $157.68 on Tuesday. 3M has a 12-month low of $139.34 and a 12-month high of $177.41. The business’s 50-day moving average is $154.87 and its 200 day moving average is $156.15. The company has a current ratio of 1.59, a quick ratio of 1.19 and a debt-to-equity ratio of 3.29. The stock has a market cap of $82.24 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 2.22 and a beta of 1.02.

3M Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MMM. Align Financial LLC acquired a new position in 3M during the fourth quarter worth $4,101,000. American Trust increased its stake in shares of 3M by 3.4% in the 4th quarter. American Trust now owns 1,803 shares of the conglomerate’s stock worth $289,000 after acquiring an additional 60 shares during the last quarter. DF Dent & Co. Inc. increased its stake in shares of 3M by 106.7% in the 4th quarter. DF Dent & Co. Inc. now owns 4,971 shares of the conglomerate’s stock worth $796,000 after acquiring an additional 2,566 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of 3M by 2.9% during the 4th quarter. Captrust Financial Advisors now owns 156,676 shares of the conglomerate’s stock worth $25,084,000 after acquiring an additional 4,372 shares during the period. Finally, Williams Jones Wealth Management LLC. grew its holdings in shares of 3M by 2.4% in the fourth quarter. Williams Jones Wealth Management LLC. now owns 3,250 shares of the conglomerate’s stock valued at $520,000 after purchasing an additional 75 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on MMM. Jefferies Financial Group raised their target price on 3M from $170.00 to $175.00 and gave the company a “hold” rating in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on 3M from $181.00 to $171.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. HSBC raised their price objective on 3M from $175.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Wells Fargo & Company lifted their target price on shares of 3M from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Finally, Citigroup dropped their target price on shares of 3M from $175.00 to $166.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $170.00.

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).