MMM 3M Co.
3M Co. is a technology company, which manufactures industrial, safety and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment consists of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation and Electronics segment consists of electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The Health Care segment includes medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems, inhalation and transdermal drug delivery systems, and food safety products. The Electronics & Energy segment involves in the optical films solutions for electronic displays, packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The Consumer segment products includes office supply products, stationery products, home improvement products, home care products, protective material products, certain consumer retail personal safety products, and consumer health care products. The company was founded by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle and J. Danley Budd in 1902 and is headquartered in St. Paul, MN.
Company profile
Ticker
MMM
Exchange
Website
CEO
Michael F. Roman
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Minnesota Mining & Manufacturing Co
SEC CIK
Corporate docs
IRS number
410417775
Calendar
6 Feb 20
7 Apr 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | 8.11B | 7.99B | 8.17B | 7.86B | |
| Net income | 969M | 1.58B | 1.13B | 891M | |
| Diluted EPS | 1.66 | 2.72 | 1.92 | 1.51 | |
| Net profit margin | 11.95% | 19.81% | 13.79% | 11.33% | |
| Operating income | 1.33B | 2.01B | 1.7B | 1.14B | |
| Net change in cash | 4.88B | -89M | 85M | ||
| Cash on hand | 7.73B | 2.85B | 2.94B | ||
| Cost of revenue | 4.33B | 4.19B | 4.31B | 4.31B |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 32.14B | 32.77B | 31.66B | 30.11B | |
| Net income | 4.57B | 5.35B | 4.86B | 5.05B | |
| Diluted EPS | 7.81 | 8.89 | 7.93 | 8.16 | |
| Net profit margin | 14.22% | 16.33% | 15.35% | 16.77% | |
| Operating income | 6.17B | 7.21B | 7.69B | 7.03B | |
| Net change in cash | -200M | 655M | 600M | ||
| Cash on hand | 2.85B | 3.05B | 2.4B | ||
| Cost of revenue | 17.14B | 16.68B | 16.06B | 15.12B |
Financial data from 3M earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 21 Feb 20 | Ty R Silberhorn | Common Stock | Sell | Dispose S | 158.19 | 1,967 | 311.16K | 1,881.544 |
| 21 Feb 20 | Ty R Silberhorn | NQSO Common Stock | Option exercise | Dispose M | 101.49 | 1,967 | 199.63K | 14,623 |
| 21 Feb 20 | Ty R Silberhorn | Common Stock | Option exercise | Aquire M | 101.49 | 1,967 | 199.63K | 3,848.544 |
| 20 Feb 20 | Rutherford Denise R | Common Stock | Gift | Aquire G | 0 | 36 | 0 | 10,884.706 |
| 20 Feb 20 | Rutherford Denise R | Common Stock | Gift | Dispose G | 0 | 36 | 0 | 71 |
| 18 Feb 20 | Michael G. Vale | Common Stock | Sell | Dispose S | 159.185 | 1,200 | 191.02K | 52,604.234 |
| 18 Feb 20 | Michael G. Vale | Common Stock | Sell | Dispose S | 159.1645 | 5,050 | 803.78K | 53,804.234 |
| 7 Feb 20 | Theresa E Reinseth | RSU Common Stock | Option exercise | Dispose M | 0 | 394 | 0 | 0 |
| 7 Feb 20 | Theresa E Reinseth | Common Stock | Payment of exercise | Dispose F | 160.08 | 173 | 27.69K | 1,141.578 |
| 7 Feb 20 | Theresa E Reinseth | Common Stock | Option exercise | Aquire M | 160.08 | 394 | 63.07K | 1,314.578 |
Institutional ownership Q4 2019
68.0% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1907 |
| Opened positions | 258 |
| Closed positions | 134 |
| Increased positions | 626 |
| Reduced positions | 766 |
13F shares |
Current |
|---|---|
| Total value | 69.05B |
| Total shares | 391.06M |
| Total puts | 5.54M |
| Total calls | 4.18M |
| Total put/call ratio | 1.3 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 50.5M | $8.91B |
| STT State Street | 42.31M | $7.47B |
| BLK BlackRock | 41.71M | $7.36B |
| Massachusetts Financial Services | 10.91M | $1.92B |
| State Farm Mutual Automobile Insurance | 10.25M | $1.81B |
| Geode Capital Management | 9.38M | $1.65B |
| NTRS Northern Trust | 7.33M | $1.29B |
| Wellington Management | 6.12M | $1.08B |
| WFC Wells Fargo & Co. | 6.08M | $1.07B |
| BK Bank Of New York Mellon | 6.01M | $1.06B |
Content analysis
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| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
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Removed:
abated, abatement, accessing, achieved, aggregating, amend, appliance, architectural, Arizant, attempt, auction, Audax, Barbour, barred, bifurcate, call, Cambio, cathode, classify, Colorado, Complementario, coupled, deconsolidate, defer, degradation, dependability, deposited, desktop, destruction, developer, DIPRO, diversity, drove, equally, exchangeability, exclusivity, expert, expired, fact, farmland, fear, forma, Franklin, FVO, generation, Inge, judge, Korean, Kreuzlingen, LCD, leave, lending, library, lifted, limiting, mechanism, MERLA, modification, MWPCA, Nominating, notified, OCI, OEP, official, opposed, overfunded, perfluorochemical, perfluorooctanyl, pharmacy, platform, Polyfoam, polyurethane, practicability, precedent, pressurized, printing, Pro, progressive, prohibited, proportionate, Protegido, putting, Ramsey, rent, replacement, resident, residential, returned, revising, role, RP, seller, Semfinder, situation, Sondra, statutory, subclinical, taxable, Thailand, Thulin, Tipo, UMICORE, underfunded, unincorporated, unremitted, Won
Financial reports
10-K
2019 FY
Annual report
6 Feb 20
10-Q
2019 Q3
Quarterly report
25 Oct 19
10-Q
2019 Q2
Quarterly report
26 Jul 19
10-Q
2019 Q1
Quarterly report
26 Apr 19
10-K
2018 FY
Annual report
7 Feb 19
10-Q
2018 Q3
Quarterly report
25 Oct 18
10-Q
2018 Q2
Quarterly report
26 Jul 18
10-Q
2018 Q1
Quarterly report
8 May 18
10-K
2017 FY
Annual report
8 Feb 18
10-Q
2017 Q3
Quarterly report
31 Oct 17
Current reports
8-K
Other Events
27 Mar 20
8-K
Other Events
25 Mar 20
8-K
Departure of Directors or Certain Officers
28 Jan 20
8-K
Results of Operations and Financial Condition
28 Jan 20
8-K
Entry into a Material Definitive Agreement
19 Nov 19
8-K
Other Events
6 Nov 19
8-K
Other Events
6 Nov 19
8-K
3M Reports Third-Quarter 2019 Results
24 Oct 19
8-K
Acquisition Expands Presence in Advanced and Surgical Wound Care
11 Oct 19
8-K
Other Events
26 Aug 19
Registration and prospectus
424B5
Prospectus supplement for primary offering
26 Mar 20
FWP
Free writing prospectus
25 Mar 20
424B5
Prospectus supplement for primary offering
25 Mar 20
S-3ASR
Automatic shelf registration
10 Feb 20
424B5
Prospectus supplement for primary offering
21 Aug 19
FWP
Free writing prospectus
19 Aug 19
424B5
Prospectus supplement for primary offering
19 Aug 19
424B2
Prospectus for primary offering
14 Feb 19
FWP
Free writing prospectus
13 Feb 19
25-NSE
Exchange delisting
9 Nov 18
Proxies
DEFA14A
Additional proxy soliciting materials
30 Mar 20
DEFA14A
Additional proxy soliciting materials
25 Mar 20
DEF 14A
Definitive proxy
25 Mar 20
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEFA14A
Additional proxy soliciting materials
27 Mar 19
DEF 14A
Definitive proxy
27 Mar 19
DEFA14A
Additional proxy soliciting materials
27 Apr 18
DEFA14A
Additional proxy soliciting materials
23 Mar 18
DEF 14A
Definitive proxy
21 Mar 18
DEFA14A
Additional proxy soliciting materials
21 Mar 18
Other
UPLOAD
Letter from SEC
8 Aug 19
CORRESP
Correspondence with SEC
26 Jul 19
UPLOAD
Letter from SEC
17 Jul 19
SD
Conflict minerals disclosure
31 May 19
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
26 Apr 19
SD
Conflict minerals disclosure
31 May 18
UPLOAD
Letter from SEC
22 May 18
CORRESP
Correspondence with SEC
8 May 18
UPLOAD
Letter from SEC
27 Apr 18
SD
Conflict minerals disclosure
31 May 17
Ownership
4
3M / Denise R Rutherford ownership change
12 Mar 20
4/A
3M / Michael G. Vale ownership change
2 Mar 20
4
3M / Ty R Silberhorn ownership change
24 Feb 20
4/A
3M / Michael G. Vale ownership change
21 Feb 20
4/A
3M / Ty R Silberhorn ownership change
21 Feb 20
4/A
3M / Stephen M Shafer ownership change
21 Feb 20
4/A
3M / Denise R Rutherford ownership change
21 Feb 20
4/A
3M / Michael F Roman ownership change
21 Feb 20
4/A
3M / Mojdeh Poul ownership change
21 Feb 20
4/A
3M / Kristen M Ludgate ownership change
21 Feb 20
Patents
GRANT
Design
Cleaning article
7 Apr 20
Inventors: Mark W. Baldwin, Matthew D. Chaffee, Paul N. Daveloose
GRANT
Reissue
Method and apparatus for objective assessment of in-ear device acoustical performance
7 Apr 20
A method and apparatus for objectively assessing acoustical performance of an in-ear device having a passageway extending there through use a dual microphone probe that removably engages the passageway.
GRANT
Utility
Preformed dental composite crown, process of production and use thereof
7 Apr 20
The invention relates to a preformed dental composite crown being characterized by its shape and chemical composition, the shape being characterized as follows: having an occlusal top surface and depending buccal, mesial, distal and lingual side surfaces, the side surfaces being connected to each other and forming a crown cervix, the wall thickness of the crown at the crown cervix being lower than 0.6 mm; at least two of opposing depending side surfaces having a concave shape; the chemical composition of the material the preformed dental composite crown is made of being a hardened composition comprising the following components: nano-filler(s) in an amount from 20 to 70 wt. %, resin matrix in an amount from 20 to 75 wt. %, wt. % with respect to the weight of the chemical composition, the resin matrix comprising urethane(meth)acrylate(s) and (meth)acrylate(s) not comprising a urethane moiety.
GRANT
Utility
Indicating hazardous exposure in a supplied air respirator system
7 Apr 20
An exposure-indicating supplied air respirator system comprises a head top, a clean air supply source and a portable personal communication hub.
GRANT
Utility
Systems and methods for predicting HVAC filter change
7 Apr 20
Computer-implemented systems and methods for estimating a replacement status of an HVAC air filter.