MMMNYSESurgical & Medical Instruments & ApparatusFiscal year ends December 31
3M CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 20, 2026
$162.01−2.74 (-1.66%)
Close on Oct 19, 2026
- Market cap
- $84.63B
- P/E (TTM)
- 28.8
- Dividend yield
- 1.80%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
75.1%
388M of 516M shares
Institutional holders
2,233
194 new, 100 sold out
Net institutional buying
6M
In Q2 2026
Insider trades, 12 months
0 buys · 79 sales
Net sold $24.48M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| JPMorgan Chase & Co | 46,215,377 | 8.80% | 13G (passive) amendment | Mar 31, 2026 |
| JPMorgan Chase & Co. | 44,111,814 | 8.50% | 13G (passive) amendment | Sep 30, 2026 |
| Vanguard Capital Management | 39,527,316 | 7.56% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 34,291,537 | 6.60% | 13G (passive) amendment | Mar 31, 2026 |
| State Street Corporation | 27,686,302 | 5.10% | 13G (passive) | Dec 31, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MMM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 45,048,766 | 8.74% | $7.29B | +2,386,800 | 0.11% |
| JPMorgan Chase & Co | 39,432,727 | 7.65% | $6.41B | −6,998,371 | 0.35% |
| Vanguard Capital Management LLC | 34,065,039 | 6.61% | $5.52B | −162,378 | 0.12% |
| State Street Corp | 27,828,966 | 5.40% | $4.51B | +105,222 | 0.13% |
| Geode Capital Management, LLC | 11,957,078 | 2.32% | $1.93B | +59,831 | 0.10% |
| Vanguard Portfolio Management LLC | 9,542,983 | 1.85% | $1.55B | +92,034 | 0.07% |
| Capital World Investors | 8,392,028 | 1.63% | $1.36B | −780,006 | 0.16% |
| State Farm Mutual Automobile Insurance Co | 7,934,035 | 1.54% | $1.28B | – | 0.88% |
| Norges Bank | 7,808,095 | 1.51% | $1.26B | New | 0.13% |
| Morgan Stanley | 7,630,269 | 1.48% | $1.24B | +148,418 | 0.07% |
| Northern Trust Corp | 5,628,328 | 1.09% | $911.28M | +2,670 | 0.11% |
| Newport Trust Company, LLC | 5,455,533 | 1.06% | $883.31M | −139,007 | 2.13% |
| FMR LLC | 5,307,203 | 1.03% | $859.29M | −4,177,734 | 0.04% |
| D. E. Shaw & Co., Inc. | 4,871,164 | 0.94% | $788.69M | −420,546 | 0.38% |
| Amundi | 4,536,148 | 0.88% | $734.45M | +1,819,178 | 0.18% |
| SG Americas Securities, LLC | 4,533,524 | 0.88% | $734.02K | +2,163,645 | 0.41% |
| Bank Of America Corp /De/ | 4,475,755 | 0.87% | $724.67M | −986,527 | 0.05% |
| Goldman Sachs Group Inc | 4,458,815 | 0.86% | $721.93M | −843,952 | 0.06% |
| UBS Asset Management Americas Inc | 3,935,534 | 0.76% | $637.20M | +270,458 | 0.12% |
| Invesco Ltd. | 3,643,494 | 0.71% | $589.92M | −566,717 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 2,233 | 388M | 75.1% | 194 / 722 | 857 / 100 | 36M | 30M |
| Q1 2026 | 2,168 | 385M | 74.7% | 146 / 654 | 927 / 208 | 80M | 39M |
| Q4 2025 | 2,268 | 394M | 76.4% | 279 / 754 | 786 / 98 | 32M | 58M |
| Q3 2025 | 2,132 | 422M | 81.9% | 143 / 694 | 822 / 123 | 64M | 37M |
| Q2 2025 | 2,145 | 396M | 76.8% | 173 / 657 | 906 / 150 | 30M | 24M |
| Q1 2025 | 2,152 | 391M | 75.9% | 198 / 685 | 873 / 145 | 47M | 22M |
| Q4 2024 | 2,136 | 369M | 71.5% | 238 / 679 | 840 / 143 | 29M | 36M |
| Q3 2024 | 2,088 | 378M | 73.2% | 276 / 614 | 875 / 104 | 88M | 32M |
| Q2 2024 | 1,941 | 360M | 69.8% | 200 / 712 | 743 / 143 | 38M | 55M |
| Q1 2024 | 1,912 | 379M | 73.4% | 145 / 712 | 809 / 193 | 49M | 39M |
| Q4 2023 | 1,982 | 369M | 71.6% | 288 / 575 | 895 / 114 | 36M | 23M |
| Q3 2023 | 1,835 | 357M | 69.3% | 135 / 654 | 785 / 158 | 24M | 31M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MMM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 16,558,288 | 3.21% | $2.68B | 0.12% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 13,514,795 | 2.62% | $2.19B | 0.13% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 7,174,100 | 1.39% | $1.16B | 0.13% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 6,740,181 | 1.31% | $1.03B | 0.12% | May 31, 2026 |
| Vanguard Value Index Fund | 4,966,521 | 0.96% | $804.13M | 0.32% | Jun 30, 2026 |
| JPMorgan Large Cap Growth Fund | 4,751,099 | 0.92% | $769.25M | 0.63% | Jun 30, 2026 |
| Washington Mutual Investors Fund | 4,377,100 | 0.85% | $771.60M | 0.35% | Jul 31, 2026 |
| JPMorgan Equity Premium Income ETF | 3,919,962 | 0.76% | $634.68M | 1.42% | Jun 30, 2026 |
| JPMorgan Equity Income Fund | 3,346,351 | 0.65% | $541.81M | 1.24% | Jun 30, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 3,074,119 | 0.60% | $497.73M | 1.47% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 2,831,559 | 0.55% | $458.46M | 0.13% | Jun 30, 2026 |
| iShares MSCI USA Quality Factor ETF | 2,443,080 | 0.47% | $430.67M | 0.93% | Jul 31, 2026 |
| Income Fund of America | 2,181,535 | 0.42% | $384.56M | 0.26% | Jul 31, 2026 |
| Vanguard High Dividend Yield Index Fund | 2,101,942 | 0.41% | $370.53M | 0.37% | Jul 31, 2026 |
| Strategic Advisers U.S. Total Stock Fund | 1,793,191 | 0.35% | $274.59M | 0.28% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Michael F. Roman | Chairman of the Board, Director | 193,454 | 0.04% | Feb 18, 2025 |
| Bobby K. George | EVP, Chief Info & Digital Off | 5 | 0.00% | Sep 22, 2026 |
| Jennifer A. Cunningham | EVP & Chief HR Officer | – | – | Sep 3, 2026 |
| Rodriguez Beatriz Karina Chavez | Group President | 14,035 | 0.00% | Aug 6, 2026 |
| John Patrick Banovetz | Executive Vice President | 57,937 | 0.01% | Jul 24, 2026 |
| Theresa E. Reinseth | Sr Vice President & CAO | 3,189 | 0.00% | Jul 24, 2026 |
| Kevin H. Rhodes | EVP, Chief Legal Off & Secret | 43,780 | 0.01% | Jul 23, 2026 |
| Christian T. Goralski JR | Group President | 6,971 | 0.00% | Jul 23, 2026 |
| Wendy A. Bauer | Group President | 9,086 | 0.00% | Jul 2, 2026 |
| William M. Brown | Chairman & CEO | 9,331 | 0.00% | May 4, 2026 |
| Zoe L. Dickson | EVP & Chief HR Officer | 22,282 | 0.00% | Apr 2, 2026 |
| Paul Joseph Gallagher | Group President | – | – | Mar 3, 2026 |
| Mark W. Murphy | EVP & Chief Info Digital Off | 13,025 | 0.00% | Feb 18, 2026 |
| Wyck Jonathan G. Van | EVP Chief Strategy Officer | – | – | Feb 10, 2026 |
| Anurag Maheshwari | EVP & Chief Financial Officer | 6,412 | 0.00% | Feb 10, 2026 |
| Victoria Clarke | EVP & Chief Public Affairs Off | 2,220 | 0.00% | Dec 3, 2025 |
| Torsten Pilz | Group President | – | – | Jun 3, 2025 |
| Peter D. Gibbons | Group President | 13,502 | 0.00% | Feb 13, 2025 |
| Jennifer Rumsey | Director | 1,196 | 0.00% | Jun 9, 2026 |
| Thomas W. Sweet | Director | 5,796 | 0.00% | May 13, 2026 |
| James R. Fitterling | Director | 19,480 | 0.00% | May 13, 2026 |
| Thomas K. Brown | Director | 18,981 | 0.00% | May 13, 2026 |
| Suzan Kereere | Director | 8,163 | 0.00% | May 13, 2026 |
| Audrey Choi | Director | 6,170 | 0.00% | May 13, 2026 |
| Pedro Pizarro | Director | 7,170 | 0.00% | May 13, 2026 |
| David P. Bozeman | Director | 3,030 | 0.00% | May 13, 2026 |
| Neil G. Mitchill JR | Director | 1,674 | 0.00% | May 13, 2026 |
| Anne H. Chow | Director | 7,087 | 0.00% | May 13, 2026 |
| David B. Dillon | Director | 15,565 | 0.00% | May 14, 2025 |
| Gregory R. Page | Director | 19,481 | 0.00% | May 14, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Rodriguez Beatriz Karina Chavez Group President | Aug 5, 2026 | Sale | −3,635 | $182.51 | $663.42K | 14,035 |
| John Patrick Banovetz Executive Vice President | Jul 23, 2026 | Option exercise | +7,880 | $154.69 | $1.22M | 57,937 |
| John Patrick Banovetz Executive Vice President | Jul 23, 2026 | Sale | −7,880 | $170.44 | $1.34M | 50,057 |
| Theresa E. Reinseth Sr Vice President & CAO | Jul 23, 2026 | Sale | −924 | $169.42 | $156.54K | 2,615 |
| Kevin H. Rhodes EVP, Chief Legal Off & Secret | Jul 22, 2026 | Sale | −7,669 | $171.20 | $1.31M | 43,780 |
| Kevin H. Rhodes EVP, Chief Legal Off & Secret | Jul 22, 2026 | Option exercise | +7,669 | $154.69 | $1.19M | 51,449 |
| Christian T. Goralski JR Group President | Jul 22, 2026 | Sale | −4,902 | $170.46 | $835.59K | 6,971 |
| Christian T. Goralski JR Group President | Jul 22, 2026 | Option exercise | +4,902 | $154.69 | $758.29K | 11,873 |
| Wendy A. Bauer Group President | Jul 1, 2026 | Tax withholding | −3,558 | $159.96 | $569.14K | 9,086 |
| Wendy A. Bauer Group President | Jul 1, 2026 | Option exercise | +7,952 | $159.96 | $1.27M | 12,644 |
| Jennifer Rumsey Director | Jun 5, 2026 | Award | +1,196 | $152.77 | $182.71K | 1,196 |
| Thomas K. Brown Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 17,687 |
| Neil G. Mitchill JR Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 1,674 |
| James R. Fitterling Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 7,868 |
| Thomas W. Sweet Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 5,796 |
| Suzan Kereere Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 6,422 |
| Anne H. Chow Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 5,130 |
| David P. Bozeman Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 1,360 |
| Pedro Pizarro Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 7,170 |
| Audrey Choi Director | May 12, 2026 | Award | +1,360.4 | $143.34 | $195.00K | 6,170 |
| Theresa E. Reinseth Sr Vice President & CAO | May 1, 2026 | Tax withholding | −517 | $142.50 | $73.67K | 3,522 |
| Theresa E. Reinseth Sr Vice President & CAO | May 1, 2026 | Option exercise | +1,441 | $142.50 | $205.34K | 4,039 |
| John Patrick Banovetz Executive Vice President | May 1, 2026 | Option exercise | +13,420 | $142.50 | $1.91M | 55,925 |
| John Patrick Banovetz Executive Vice President | May 1, 2026 | Tax withholding | −6,120 | $142.50 | $872.10K | 49,805 |
| William M. Brown Chairman & CEO | May 1, 2026 | Tax withholding | −3,912 | $142.50 | $557.46K | 9,331 |
| William M. Brown Chairman & CEO | May 1, 2026 | Option exercise | +8,578 | $142.50 | $1.22M | 13,243 |
| Zoe L. Dickson EVP & Chief HR Officer | Apr 1, 2026 | Option exercise | +984 | $145.25 | $142.93K | 21,982 |
| Zoe L. Dickson EVP & Chief HR Officer | Apr 1, 2026 | Tax withholding | −449 | $145.25 | $65.22K | 21,533 |
| Theresa E. Reinseth Sr Vice President & CAO | Feb 11, 2026 | Sale | −40 | $172.75 | $6.91K | 2,585 |
| Theresa E. Reinseth Sr Vice President & CAO | Feb 11, 2026 | Sale | −1,796 | $172.79 | $310.33K | 2,585 |
| Theresa E. Reinseth Sr Vice President & CAO | Feb 11, 2026 | Option exercise | +3,349 | $154.69 | $518.06K | 5,934 |
| Theresa E. Reinseth Sr Vice President & CAO | Feb 11, 2026 | Sale | −1,123 | $172.72 | $193.96K | 4,811 |
| Theresa E. Reinseth Sr Vice President & CAO | Feb 11, 2026 | Sale | −1,946 | $172.73 | $336.13K | 2,865 |
| Theresa E. Reinseth Sr Vice President & CAO | Feb 11, 2026 | Sale | −240 | $172.74 | $41.46K | 2,625 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 9, 2026 | Sale | −20,519 | $169.97 | $3.49M | 21,123 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 9, 2026 | Option exercise | +20,519 | $142.94 | $2.93M | 41,642 |
| Rodriguez Beatriz Karina Chavez Group President | Feb 9, 2026 | Sale | −1,190 | $171.13 | $203.64K | 17,649 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 9, 2026 | Sale | −25,055 | $170.34 | $4.27M | 21,123 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 9, 2026 | Option exercise | +25,055 | $102.89 | $2.58M | 46,178 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 9, 2026 | Option exercise | +20,519 | $142.94 | $2.93M | 41,642 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 9, 2026 | Sale | −20,519 | $169.97 | $3.49M | 21,123 |
| Rodriguez Beatriz Karina Chavez Group President | Feb 6, 2026 | Tax withholding | −2,306 | $172.65 | $398.13K | 18,840 |
| Mark W. Murphy EVP & Chief Info Digital Off | Feb 6, 2026 | Option exercise | +8,895 | $172.65 | $1.54M | 26,110 |
| Mark W. Murphy EVP & Chief Info Digital Off | Feb 6, 2026 | Tax withholding | −3,238 | $172.65 | $559.04K | 22,872 |
| Neil G. Mitchill JR Director | Feb 6, 2026 | Award | +313.92 | $165.08 | $51.82K | 314 |
| Rodriguez Beatriz Karina Chavez Group President | Feb 6, 2026 | Option exercise | +6,887 | $172.65 | $1.19M | 21,146 |
| Rodriguez Beatriz Karina Chavez Group President | Feb 6, 2026 | Tax withholding | −2,307 | $172.65 | $398.30K | 18,839 |
| Kevin H. Rhodes EVP, Chief Legal Off & Secret | Feb 6, 2026 | Tax withholding | −6,915 | $172.65 | $1.19M | 44,727 |
| Kevin H. Rhodes EVP, Chief Legal Off & Secret | Feb 6, 2026 | Option exercise | +17,904 | $172.65 | $3.09M | 51,642 |
| Theresa E. Reinseth Sr Vice President & CAO | Feb 6, 2026 | Tax withholding | −858 | $172.65 | $148.13K | 4,381 |
| Theresa E. Reinseth Sr Vice President & CAO | Feb 6, 2026 | Option exercise | +2,655 | $172.65 | $458.39K | 5,239 |
| John Patrick Banovetz Executive Vice President | Feb 6, 2026 | Option exercise | +4,818 | $172.65 | $831.83K | 44,333 |
| John Patrick Banovetz Executive Vice President | Feb 6, 2026 | Tax withholding | −1,362 | $172.65 | $235.15K | 42,971 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 6, 2026 | Tax withholding | −1,500 | $172.65 | $258.98K | 21,123 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 6, 2026 | Option exercise | +4,764 | $172.65 | $822.50K | 22,623 |
| Christian T. Goralski JR Group President | Feb 6, 2026 | Tax withholding | −1,769 | $172.65 | $305.42K | 6,846 |
| Christian T. Goralski JR Group President | Feb 6, 2026 | Option exercise | +5,639 | $172.65 | $973.57K | 8,615 |
| Zoe L. Dickson EVP & Chief HR Officer | Feb 2, 2026 | Tax withholding | −475.18 | – | – | 17,666 |
| Mark W. Murphy EVP & Chief Info Digital Off | Feb 2, 2026 | Tax withholding | −4,793.01 | – | – | 13,025 |
| Kevin H. Rhodes EVP, Chief Legal Off & Secret | Feb 2, 2026 | Tax withholding | −5,837.14 | – | – | 32,633 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Rodriguez Beatriz Karina Chavez Officer | Aug 5, 2026 | 3,635 | $663.43K | Aug 5, 2026 | Restricted Stock Vesting |
| John Patrick Banovetz Officer | Jul 23, 2026 | 7,880 | $1.34M | Jul 23, 2026 | Stock Option Exercise |
| Theresa E. Reinseth Officer | Jul 23, 2026 | 924 | $156.54K | Jul 23, 2026 | Restricted Stock Vesting |
| Kevin H. Rhodes Officer | Jul 22, 2026 | 7,669 | $1.31M | Jul 22, 2026 | Stock Option Exercise |
| Christian T. Goralski JR Officer | Jul 22, 2026 | 4,902 | $835.58K | Jul 22, 2026 | Stock Option Exercise |
| Mark W. Murphy Former Officer | Jun 10, 2026 | 5,078 | $807.96K | Jun 10, 2026 | Stock Option Exercise |
| Zoe L. Dickson Former Officer | Jun 9, 2026 | 5,438 | $849.47K | Jun 9, 2026 | Stock Option Exercise |
| Victoria Clarke Former Officer | Feb 12, 2026 | 1,041 | $179.80K | Feb 12, 2026 | Restricted Stock Vesting |
| Theresa E. Reinseth Officer | Feb 11, 2026 | 5,145 | $888.80K | Feb 11, 2026 | Restricted Stock Vesting |
| Rodriguez Beatriz Karina Chavez Officer | Feb 9, 2026 | 1,190 | $203.64K | Feb 9, 2026 | ESPP Purchase |
| Zoe L. Dickson Officer | Feb 9, 2026 | 45,574 | $7.75M | Feb 9, 2026 | Options Granted - 02/07/2023 |
| Victoria Clarke Former Officer | Feb 6, 2026 | 4,137 | $701.10K | Feb 6, 2026 | Restricted Stock Vesting |
| Victoria Clarke Former Officer | Jan 22, 2026 | 1,857 | $294.39K | Jan 22, 2026 | Restricted Stock Vesting |
| Zoe L. Dickson Officer | Nov 13, 2025 | 27,455 | $4.66M | Nov 13, 2025 | Option Granted - 02/07/2017 |
| Mark W. Murphy Officer | Oct 29, 2025 | 19,061 | $3.17M | Oct 29, 2025 | Option Granted - 02/08/2022 |