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
MMM stock data
()
Calendar
28 Apr 20
2 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 8.08B | 8.11B | 7.99B | 8.17B | |
| Net income | 1.29B | 969M | 1.58B | 1.13B | |
| Diluted EPS | 2.22 | 1.66 | 2.72 | 1.92 | |
| Net profit margin | 16.00% | 11.95% | 19.81% | 13.79% | |
| Operating income | 1.66B | 1.33B | 2.01B | 1.7B | |
| Net change in cash | 4.88B | -89M | |||
| Cash on hand | 7.73B | 2.85B | |||
| Cost of revenue | 4.11B | 4.33B | 4.19B | 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 |
|---|---|---|---|---|---|---|---|---|
| 1 Jun 20 | Shafer Stephen M | Common Stock | Payment of exercise | Dispose F | 155.58 | 592 | 92.1K | 2,846.086 |
| 1 Jun 20 | Shafer Stephen M | Common Stock | Option exercise | Aquire M | 155.58 | 1,298 | 201.94K | 3,438.086 |
| 1 Jun 20 | Shafer Stephen M | RSU Common Stock | Option exercise | Dispose M | 0 | 1,298 | 0 | 0 |
| 12 May 20 | Brown Thomas K | Common Stock | Grant | Aquire A | 0 | 1,166.541 | 0 | 1,166.541 |
| 12 May 20 | Craig Pamela J. | Common Stock | Grant | Aquire A | 0 | 1,166.541 | 0 | 2,178.406 |
| 3 Jul 19 | Piper and Piper N.A. | Com | Grant | Aquire A | 136.51 | 36,194 | 4.94M | - |
Institutional ownership Q1 2020
65.4% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1833 |
| Opened positions | 138 |
| Closed positions | 225 |
| Increased positions | 767 |
| Reduced positions | 736 |
13F shares |
Current |
|---|---|
| Total value | 51.25B |
| Total shares | 376.39M |
| Total puts | 8.71M |
| Total calls | 5.92M |
| Total put/call ratio | 1.5 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 51.86M | $7.08B |
| STT State Street | 41.4M | $5.65B |
| BLK BlackRock | 40.89M | $5.58B |
| State Farm Mutual Automobile Insurance | 10.25M | $1.4B |
| Geode Capital Management | 9.5M | $1.3B |
| Massachusetts Financial Services | 7.89M | $1.08B |
| Flossbach Von Storch | 7.77M | $1.06B |
| NTRS Northern Trust | 7.27M | $991.93M |
| Charles Schwab Investment Management | 6.45M | $880.04M |
| Wellington Management | 6.43M | $877.94M |
Content analysis
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| Negative | ||
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| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
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Removed:
AA, abated, accept, active, acute, adding, addressed, addressing, amend, AOCI, Argentine, Arizant, attempt, auction, automated, barred, barrier, bifurcate, Bolivar, breathing, British, broken, building, Bulletin, calculate, call, callable, Cambio, centrally, Chronic, citizen, Codification, collaborative, collective, CommandTM, communicated, Complementario, Concurrent, conditional, consolidation, constructed, contended, contending, coupled, cover, created, Creek, crown, dairy, debonding, deconsolidate, deconsolidation, deferral, degradation, deposited, destruction, DICOM, direct, directing, directive, Dry, earliest, effected, eliminated, Elution, enacted, equating, essentially, evaluated, exchangeability, expedient, expert, explicit, eyewear, fact, farm, farmland, fear, file, Franklin, freestanding, fundamental, GBP, Geographically, governor, half, hearing, hierarchy, hindsight, hypothermia, identical, identifiable, identity, implicit, inactive, incremental, index, indirectly, informed, initially, inlay, Interaction, judge, Kennebunk, Korean, land, landfill, launched, Lava, lease, leased, legislature, lessee, lessor, letter, lifted, limiting, lowest, machinery, Maine, Mandatorily, mechanism, mediator, meeting, MERLA, mitigation, modification, MWPCA, noncancelable, noncontingent, noncurrent, Nonemployee, nonfinancial, Nonpublic, North, official, onlay, opening, orderly, originally, package, penalty, Pennsylvania, perfluorochemical, perfluorooctanyl, Pittsburgh, plate, policy, Pound, practical, practice, precedent, preferred, premier, prescription, presenting, preset, Prevention, Proforma, proportionate, purpose, putting, quoted, rational, reassessing, recipient, recognize, recognizing, Redeemable, rental, reopening, repaid, repayment, Replacement, resident, residual, respondent, restorative, restrictive, revising, satisfaction, Scott, secondary, secure, simplify, Sovereign, span, stable, statute, statutory, stipulation, storage, straight, stranded, subclinical, systematic, tape, terminate, test, tighter, Tipo, tolling, transport, Trinity, unadjusted, unconditional, unused, urged, variable, veneer, VES, wanton, warehouse, won
Financial reports
10-Q
2020 Q1
Quarterly report
28 Apr 20
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
Current reports
8-K
3M Reports Sales Information for Month of May 2020
15 Jun 20
8-K
Departure of Directors or Certain Officers
3 Jun 20
8-K
3M Reports Sales Information for Month of April 2020
14 May 20
8-K
Submission of Matters to a Vote of Security Holders
13 May 20
8-K
3M Reports First-Quarter 2020 Results
28 Apr 20
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
Registration and prospectus
25-NSE
Exchange delisting
15 May 20
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
Proxies
DEFA14A
Additional proxy soliciting materials
23 Apr 20
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
Other
SD
Conflict minerals disclosure
1 Jun 20
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
28 Apr 20
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
Ownership
3
3M / Monish D Patolawala ownership change
2 Jul 20
4
3M / and Piper N.A. Piper ownership change
23 Jun 20
4
3M / Stephen M Shafer ownership change
3 Jun 20
4
3M / PATRICIA A WOERTZ ownership change
13 May 20
4
3M / GREGORY R PAGE ownership change
13 May 20
4
3M / Ahmet Muhtar Kent ownership change
13 May 20
4
3M / Dambisa F Moyo ownership change
13 May 20
4
3M / Amy Hood ownership change
13 May 20
4
3M / HERBERT L HENKEL ownership change
13 May 20
4
3M / MICHAEL L ESKEW ownership change
13 May 20
Patents
APP
Utility
Welding Helmet
2 Jul 20
A welding helmet (1) has a protective shield (2) and a first swivel mechanism (10) that pivotally connects the protective shield with a head suspension system (6) for swiveling about a swivel axis.
APP
Utility
Preformed Dental Composite Crown, Process of Production and Use Thereof
2 Jul 20
Inventors: Andreas Herrmann, Gallus Schechner, Reinhold Hecht, Helmar B. Mayr, Malte Korten, Bernhard Hofmann, Gioacchino Raia, Till Meurer
APP
Utility
Curable Composition for Producing a Dental Composite Crown and Process of Production
2 Jul 20
The invention relates to A curable composition for producing dental composite crowns, the composition comprising a resin matrix comprising polymerizable (meth)acrylate(s) not comprising a urethane moiety, polymerizable urethane(meth)acrylate(s), wherein the polymerizable (meth)acrylate(s) not comprising an urethane moiety are used in excess over the polymerizable urethane(meth)acrylate(s), a filler matrix comprising nanocluster(s), fumed silica in an amount below 8 wt. % with respect to the weight of the whole composition, an initiator system comprising photoinitiator(s), organic dye(s), the curable composition not comprising softener in an amount of more than 5 wt. % with respect to the weight of the whole composition, the curable composition having a viscosity below 150 Pa*s at 23° C. and a shear rate of 1 s−1.
APP
Utility
Fall Arresting Device Connector
2 Jul 20
A connector for coupling fall arresting devices to a safety harness.
APP
Utility
Fall Arresting Device Event Generation and Monitoring
2 Jul 20
A fall arresting device including a device housing, a shaft within the housing, a rotor assembly rotatably connected to the shaft that includes a drum and a disc having at least one region of a ferromagnetic material, an extendable lifeline connected to the drum, a magnetic sensor positioned stationary relative to the device housing and adjacent to the disc, and a that includes a hard-magnetic material.