3M Corp Stock Price, News & Analysis

3M (NYSE: MMM) held its Annual Meeting of Shareholders where all proposed items received strong shareholder support. Shareholders elected 11 directors to serve one-year terms until the 2026 Annual Meeting, including William M. "Bill" Brown as Chairman and CEO. The meeting also saw the approval of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2025. Additionally, shareholders supported the advisory vote on executive compensation. The final voting results will be disclosed in a Form 8-K filing with the SEC.

3M (NYSE:MMM) has announced its quarterly dividend payment for Q2 2025. The company will pay a dividend of $0.73 per share to shareholders of record as of May 23, 2025, with the payment scheduled for June 12, 2025. Notably, 3M has maintained an uninterrupted streak of dividend payments to shareholders for over 100 years, demonstrating its long-standing commitment to returning value to investors.

3M (NYSE: MMM) has reached a significant settlement agreement with New Jersey regarding PFAS-related claims. The agreement includes a $210 million pre-tax commitment to resolve the legacy Chambers Works litigation and an additional $75 million pre-tax commitment for current and future statewide claims from 2030 through 2050. The settlement addresses claims related to the Chambers Works site in Salem County, previously owned by DuPont and now by Chemours Company. 3M expects to record a total pre-tax charge of $285 million in Q2 2025. The company reaffirmed its commitment to discontinue all PFAS manufacturing by the end of 2025, a decision first announced in 2022. The State specifically acknowledged 3M's proactive steps in ceasing PFAS manufacturing compared to other companies.

3M has announced an upcoming investor event at the BofA Securities Industrials, Transportation & Airlines Key Leaders Conference on May 14, 2025. William Brown, Chairman and Chief Executive Officer, will deliver a presentation at 8:45 a.m. ET.

The event will be accessible through a live webcast, with a replay option available on 3M's Investor Relations website at http://investors.3M.com. This presentation represents an opportunity for investors and stakeholders to gain insights into 3M's strategic direction and market position.

3M (NYSE: MMM) reported mixed first-quarter 2025 results with GAAP sales of $6.0 billion, down 1.0% year-over-year, while adjusted sales reached $5.8 billion with organic growth of 1.5%. The company's performance showed improved profitability with GAAP operating margin of 20.9%, up 180 basis points, and adjusted operating margin of 23.5%, up 220 basis points year-over-year.

Notable highlights include GAAP EPS of $2.04, up 61% year-over-year, and adjusted EPS of $1.88, up 10%. The company returned $1.7 billion to shareholders through dividends and share repurchases. Operating cash flow was $(0.1) billion, with adjusted free cash flow of $0.5 billion.

3M updated its 2025 guidance, projecting adjusted EPS in the range of $7.60 to $7.90, with additional tariff sensitivity of $(0.20) to $(0.40) per share.

3M's FUTURO™ Brand has unveiled a redesigned collection of premium compression sleeves, focusing on enhanced comfort and functionality. The new line features sleek, low-profile construction with ultra-soft, four-way stretch fabric designed for all-day wear.

The collection includes three main products:

• Premium Compression Ankle Sleeve for mild tendonitis and swelling
• Premium Compression Elbow Sleeve with medial and lateral gel pads
• Premium Compression Knee Sleeve with removable metal stabilizers

The products feature no-cutout construction to reduce chafing and innovative comfort bands with silicone beading to prevent slipping. Available in multiple sizes on Target.com, the sleeves are designed for either left or right-side wear and fit discreetly under clothing.

3M's Filtrete Brand has launched the new Filtrete Refillable Air Filter Kit, featuring a reusable frame lasting up to 20 years and a collapsible filter with a 12-month lifespan. The innovative solution offers significant advantages:

• 75% reduction in storage space
• 20% reduction in disposable waste
• More affordable than traditional filters
• 42% higher microparticle capture rate than industry standard

The MPR 1550 (MERV 12) filters are certified Asthma & Allergy Friendly® and are compatible with the Filtrete Smart App for maintenance tracking. The product is available at Amazon, Walmart, and Lowes in MPR 1550 (MERV 12) and MPR 1000 (MERV 11) variants.

3M (NYSE: MMM) has announced a key upcoming investor event for stakeholders. The company will host its first-quarter 2025 earnings conference call on Tuesday, April 22, 2025, at 8 a.m. CT.

The event will be accessible through a live webcast, with a replay option available afterward on 3M's Investor Relations website at http://investors.3M.com.

3M's Scotch-Brite, America's leading scrub sponge brand, has launched a new marketing campaign titled 'The Brite Side of Clean' featuring Outkast's hit song 'So Fresh, So Clean'. The campaign aims to transform cleaning from a chore into a feel-good experience.

The initiative includes a 30-second commercial and will be distributed across multiple platforms including connected TV (Hulu, Netflix, Prime, YouTube), digital displays, social media, in-store displays, and billboards. The campaign also features brand ambassadors called the 'Sparkle Squad' and includes a VIP event at Coachella.

The campaign launch is strategically timed for the spring-cleaning season, focusing on presenting cleaning as an act of self-care and positivity, particularly relevant as homes continue to serve as multifunctional spaces for work, play, and relaxation.