3M Company Leadership
MMM Stock | USD 91.05 0.25 0.27% |
About 67% of 3M's corporate insiders are selling. The analysis of insiders' sentiment of trading 3M Company stock suggests that many insiders are alarmed at this time. 3M employs about 85 K people. The company is managed by 59 executives with a total tenure of roughly 401 years, averaging almost 6.0 years of service per executive, having 1440.68 employees per reported executive.
Michael Roman Chairman Chairman of the Board, President, Chief Executive Officer |
Inge Thulin Chairman Chairman, CEO and Pres |
3M's Insider Buying Vs Selling
33
Selling | Buying |
Latest Trades
2024-02-14 | Rodriguez Beatriz Karin Chavez | Disposed 426 @ 92.32 | View | ||
2023-10-17 | Tommy Tuberville | Acquired @ 90.55 | |||
2023-09-26 | Greg Stanton | Acquired @ 93.87 | |||
2023-09-20 | Sheldon Whitehouse | Disposed @ 99 | |||
2023-07-25 | Tommy Tuberville | Acquired @ 109.83 | |||
2023-07-12 | Daniel S. Goldman | Disposed @ 101.63 | |||
2023-05-19 | Angus S. King Jr. | Disposed @ 99.03 | |||
2023-05-18 | Khandpur K Ashish | Disposed 9432 @ 99.27 | View | ||
2023-04-28 | Eric D Hammes | Disposed 6487 @ 105.33 | View |
Monitoring 3M's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
Acquired vs Disposed
Filed vs Not Filed
Insider sentiment refers to the collective sentiment or feeling of 3M's insiders - typically its officers, directors, and beneficial owners holding more than a certain percentage of the company's stock - about the future prospects of 3M Company. This sentiment is often gauged based on the trading activities of these insiders. If insiders are purchasing more shares of their own company, it may be interpreted as a bullish sentiment, indicating that they believe 3M's stock will rise in value. Conversely, if insiders are selling shares, it might be seen as bearish, suggesting they expect the stock price to drop.
3M |
3M's Workforce Through the Years
Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with 3M's future performance. Based on our forecasts, it is anticipated that 3M will maintain a workforce of about 85000 employees by May 2024.3M's latest congressional trading
Congressional trading in companies like 3M Company, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in 3M by those in governmental positions are based on the same information available to the general public.
2023-11-22 | Representative James French Hill | Acquired $15K to $50K | Verify | ||
2023-10-17 | Senator Thomas H Tuberville | Acquired $15K to $50K | Verify | ||
2023-09-26 | Representative Greg Stanton | Acquired Under $15K | Verify | ||
2023-09-20 | Senator Sheldon Whitehouse | Acquired $15K to $50K | Verify | ||
2023-05-19 | Senator Angus S King, Jr. | Acquired Under $15K | Verify | ||
2023-04-10 | Representative Charles J. "Chuck" Fleischmann | Acquired Under $15K | Verify | ||
2022-11-11 | Senator Ron L Wyden | Acquired Under $15K | Verify | ||
2022-06-30 | Senator Shelley Moore Capito | Acquired Under $15K | Verify | ||
2022-01-06 | Senator Susan M. Collins | Acquired $15K to $50K | Verify | ||
2020-09-23 | Representative Dean Phillips | Acquired Under $15K | Verify | ||
2020-06-23 | Senator Ron Wyden | Acquired $50K to $100K | Verify | ||
2020-04-29 | Representative Gilbert Cisneros | Acquired Under $15K | Verify | ||
2020-03-11 | Representative K. Michael Conaway | Disposed Under $15K | Verify | ||
2020-03-09 | Senator Bill Cassidy | Acquired Under $15K | Verify | ||
2019-07-18 | Representative David B. McKinley | Disposed Under $15K | Verify | ||
2019-06-18 | Representative Richard W. Allen | Acquired $15K to $50K | Verify | ||
2018-09-20 | Representative Thomas J. Rooney | Acquired Under $15K | Verify | ||
2018-08-23 | Representative David E. Price | Acquired Under $15K | Verify | ||
2018-05-31 | Representative Bill Flores | Acquired Under $15K | Verify | ||
2018-04-24 | Senator Shelley M Capito | Acquired Under $15K | Verify |
3M Management Team Effectiveness
The company has Return on Asset of 0.0758 % which means that on every $100 spent on assets, it made $0.0758 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.7108) %, meaning that it generated no profit with money invested by stockholders. 3M's management efficiency ratios could be used to measure how well 3M manages its routine affairs as well as how well it operates its assets and liabilities. As of the 17th of April 2024, Return On Tangible Assets is likely to grow to -0.2. In addition to that, Return On Capital Employed is likely to grow to -0.25. At this time, 3M's Non Current Assets Total are very stable compared to the past year. As of the 17th of April 2024, Other Assets is likely to grow to about 5.2 B, while Non Currrent Assets Other are likely to drop about 1.3 B.As of the 17th of April 2024, Common Stock Shares Outstanding is likely to grow to about 606.9 M, while Net Income Applicable To Common Shares is likely to drop about 4.4 B.
3M Workforce Comparison
3M Company is considered to be number one stock in number of employees category among related companies. The total workforce of Industrials industry is now estimated at about 199,201. 3M totals roughly 85,000 in number of employees claiming about 43% of equities under Industrials industry.
3M Profit Margins
The company has Net Profit Margin of (0.21) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income.Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.37 | 0.4346 |
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3M Insider Trading History
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 3M insiders, such as employees or executives, is commonly permitted as long as it does not rely on 3M's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, 3M insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
---|---|---|---|---|---|
2024-03-01 | 0.619 | 13 | 21 | 49,230 | 20,692 |
2023-12-01 | 1.0 | 10 | 10 | 14,355 | 8,074 |
2023-06-01 | 1.6667 | 15 | 9 | 42,979 | 36,072 |
2023-03-01 | 1.4167 | 34 | 24 | 592,209 | 46,412 |
2022-12-01 | 0.6 | 9 | 15 | 11,618 | 19,590 |
2022-09-01 | 0.3462 | 9 | 26 | 27,204 | 71,456 |
2022-06-01 | 3.2 | 16 | 5 | 24,015 | 35,098 |
2022-03-01 | 1.0313 | 33 | 32 | 588,970 | 39,999 |
2021-12-01 | 1.4 | 7 | 5 | 24,539 | 0.00 |
2021-09-01 | 0.3462 | 9 | 26 | 29,577 | 58,298 |
2021-06-01 | 1.6364 | 18 | 11 | 33,016 | 44,954 |
2021-03-01 | 1.0488 | 43 | 41 | 632,157 | 113,139 |
2020-12-01 | 1.0 | 7 | 7 | 28,022 | 59,180 |
2020-09-01 | 1.1429 | 8 | 7 | 63,829 | 4,991 |
2020-06-01 | 1.0455 | 23 | 22 | 69,647 | 116,692 |
2020-03-01 | 0.8542 | 41 | 48 | 876,236 | 105,086 |
2019-12-01 | 1.0 | 13 | 13 | 45,354 | 75,247 |
2019-09-01 | 2.5 | 10 | 4 | 39,650 | 4,096 |
2019-06-01 | 2.5 | 25 | 10 | 21,314 | 19,381 |
2019-03-01 | 0.2331 | 76 | 326 | 1,540,395 | 335,166 |
2018-12-01 | 5.0 | 10 | 2 | 3,114 | 1,820 |
2018-09-01 | 2.2 | 11 | 5 | 45,213 | 15,364 |
2018-06-01 | 4.75 | 19 | 4 | 13,829 | 7,058 |
2018-03-01 | 0.1955 | 86 | 440 | 1,507,092 | 514,608 |
2017-12-01 | 0.1186 | 14 | 118 | 52,973 | 93,653 |
2017-09-01 | 0.8 | 8 | 10 | 1,984 | 10,028 |
2017-06-01 | 0.6 | 30 | 50 | 65,412 | 102,537 |
2017-03-01 | 0.5231 | 113 | 216 | 3,120,158 | 446,513 |
2016-12-01 | 0.2105 | 12 | 57 | 30,355 | 64,806 |
2016-09-01 | 0.6842 | 13 | 19 | 38,636 | 68,306 |
2016-06-01 | 0.1862 | 35 | 188 | 162,384 | 274,493 |
2016-03-01 | 0.4796 | 47 | 98 | 1,120,776 | 235,281 |
2015-12-01 | 0.4 | 20 | 50 | 89,187 | 168,039 |
2015-09-01 | 0.8571 | 12 | 14 | 23,975 | 32,509 |
2015-06-01 | 1.0714 | 15 | 14 | 27,282 | 28,098 |
2015-03-01 | 0.2178 | 49 | 225 | 1,082,391 | 405,371 |
2014-12-01 | 0.1556 | 14 | 90 | 86,001 | 76,956 |
2014-09-01 | 0.1128 | 15 | 133 | 128,065 | 233,110 |
2014-06-01 | 0.0966 | 17 | 176 | 125,380 | 235,756 |
2014-03-01 | 0.4286 | 54 | 126 | 828,069 | 255,028 |
2013-12-01 | 0.1548 | 24 | 155 | 227,884 | 366,830 |
2013-09-01 | 0.1273 | 14 | 110 | 84,551 | 144,342 |
2013-06-01 | 0.2529 | 22 | 87 | 108,211 | 185,295 |
2013-03-01 | 0.4037 | 88 | 218 | 1,226,673 | 613,065 |
2012-12-01 | 0.6667 | 18 | 27 | 191,461 | 224,777 |
2012-09-01 | 0.7 | 7 | 10 | 20,399 | 52,256 |
2012-06-01 | 0.3056 | 22 | 72 | 166,754 | 240,249 |
2012-03-01 | 0.2287 | 75 | 328 | 1,456,612 | 1,440,191 |
2011-12-01 | 0.6364 | 7 | 11 | 20,571 | 34,915 |
2011-09-01 | 0.75 | 9 | 12 | 172,157 | 246,895 |
2011-06-01 | 0.0728 | 55 | 756 | 644,413 | 1,007,161 |
2011-03-01 | 0.6122 | 120 | 196 | 1,219,671 | 776,014 |
2010-12-01 | 0.3043 | 14 | 46 | 177,589 | 158,101 |
2010-09-01 | 0.1472 | 29 | 197 | 232,518 | 276,430 |
2010-06-01 | 0.3942 | 41 | 104 | 180,311 | 270,031 |
2010-03-01 | 0.4855 | 67 | 138 | 1,146,820 | 229,911 |
2009-12-01 | 1.1026 | 43 | 39 | 565,473 | 93,288 |
2009-09-01 | 1.1111 | 10 | 9 | 29,368 | 39,621 |
2009-06-01 | 0.6842 | 13 | 19 | 30,053 | 88,514 |
2009-03-01 | 9.25 | 37 | 4 | 1,246,569 | 2,940 |
2008-12-01 | 0.5 | 11 | 22 | 72,057 | 22,468 |
2008-09-01 | 1.0 | 6 | 6 | 3,993 | 37,735 |
2008-06-01 | 1.9231 | 25 | 13 | 763,252 | 57,619 |
2008-03-01 | 1.2353 | 21 | 17 | 265,412 | 115,853 |
2007-12-01 | 0.55 | 11 | 20 | 7,138 | 13,021 |
2007-09-01 | 0.7857 | 22 | 28 | 109,125 | 113,856 |
2007-06-01 | 0.9318 | 41 | 44 | 759,171 | 235,950 |
2007-03-01 | 0.9091 | 10 | 11 | 8,226 | 20,888 |
2006-12-01 | 0.525 | 21 | 40 | 76,622 | 352,655 |
2006-09-01 | 4.0 | 8 | 2 | 10,079 | 25,140 |
2006-06-01 | 0.7959 | 78 | 98 | 1,721,260 | 749,088 |
2006-03-01 | 4.0 | 8 | 2 | 2,075 | 1,384 |
2005-12-01 | 0.6176 | 21 | 34 | 104,534 | 64,653 |
2005-09-01 | 5.0 | 10 | 2 | 52,236 | 1,422 |
2005-06-01 | 1.3929 | 39 | 28 | 1,211,303 | 356,118 |
2005-03-01 | 0.59 | 59 | 100 | 478,311 | 509,445 |
2004-12-01 | 0.5968 | 37 | 62 | 125,026 | 116,781 |
2004-09-01 | 1.5333 | 23 | 15 | 160,748 | 161,903 |
2004-06-01 | 0.785 | 84 | 107 | 1,595,951 | 564,437 |
2004-03-01 | 0.6833 | 41 | 60 | 288,671 | 291,555 |
2003-12-01 | 0.4872 | 19 | 39 | 31,431 | 36,893 |
2003-09-01 | 1.1081 | 41 | 37 | 62,862 | 75,115 |
2003-06-01 | 0.3448 | 10 | 29 | 43,022 | 174,304 |
3M Notable Stakeholders
A 3M stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as 3M often face trade-offs trying to please all of them. 3M's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting 3M's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Michael Roman | Chairman of the Board, President, Chief Executive Officer | Profile | |
Inge Thulin | Chairman, CEO and Pres | Profile | |
Monish Patolawala | Executive Vice President, Chief Financial and Transformation Officer | Profile | |
John Banovetz | Executive Vice President, Chief Technology Officer and Environmental Responsibility | Profile | |
Ashish Khandpur | Executive Vice President - Transportation and Electronics Business Group | Profile | |
Ippocratis Vrohidis | Chief Accounting Officer, Vice President Corporate Controller | Profile | |
Ivan Fong | Senior Vice President, General Counsel, Company Secretary | Profile | |
Eric Hammes | Senior Vice President - Business Transformation and Information Technology | Profile | |
Michael Vale | Executive Vice President - Safety and Industrial Business Group | Profile | |
Kimberly Price | Senior Vice President - Corporate Communications and Enterprise Services | Profile | |
Michael Kelly | Executive Vice President - Electronics and Energy | Profile | |
Theresa Reinseth | Chief Accounting Officer, Vice President Corporate Controller | Profile | |
Frank Little | Executive Vice President - Safety and Graphics Business Group | Profile | |
Ian Hardgrove | Senior Vice President - Corporate Communications and Enterprise Services | Profile | |
James Bauman | Senior Vice President - Business Transformation, Americas | Profile | |
Paul Keel | Senior Vice President - Business Development and Marketing-Sales | Profile | |
Marlene McGrath | Senior Vice President - Human Resources | Profile | |
Jon Lindekugel | Senior Vice President - Manufacturing and Supply Chain | Profile | |
Nicholas Gangestad | Chief Financial Officer, Senior Vice President | Profile | |
Kristen Ludgate | Senior Vice President - Corporate Communications and Enterprise Services | Profile | |
Joaquin Delgado | Executive Vice President - Consumer Business Group | Profile | |
Teri Reinseth | Chief Accounting Officer, Vice President Corporate Controller | Profile | |
Jesse Singh | Senior Vice President - Marketing and Sales | Profile | |
Mojdeh Poul | Executive Vice President - Safety and Graphics Business Group | Profile | |
Hak Shin | Executive VP of International Operations | Profile | |
Julie Bushman | Sr. VP of Bus. Transformation and Information Technology | Profile | |
Vance Coffman | Independent Director | Profile | |
Muhtar Kent | Independent Director | Profile | |
Gregory Page | Independent Director | Profile | |
Linda Alvarado | Independent Director | Profile | |
Thomas Brown | Independent Director | Profile | |
Ahmet Kent | Independent Director | Profile | |
Robert Ulrich | Independent Director | Profile | |
David Dillon | Independent Director | Profile | |
Dambisa Moyo | Independent Director | Profile | |
Amy Hood | Independent Director | Profile | |
Sondra Barbour | Independent Director | Profile | |
Patricia Woertz | Independent Director | Profile | |
Pamela Craig | Independent Director | Profile | |
Edward Liddy | Independent Director | Profile | |
Michael Eskew | Lead Independent Director | Profile | |
Herbert Henkel | Independent Director | Profile | |
Mark II | Executive Officer | Profile | |
Denise Rutherford | Senior Vice President - Corporate Affairs | Profile | |
Suzan Kereere | Independent Director | Profile | |
Veena Lakkundi | Senior Vice President Strategy and Business Development | Profile | |
James Fitterling | Independent Director | Profile | |
Ty Silberhorn | Senior Vice President - Business Transformation and Information Technology | Profile | |
Mark Murphy | Executive Vice President Chief Information and Digital Officer | Profile | |
Kevin Rhodes | Executive Vice President - Chief Legal Affairs Officer | Profile | |
Stephen Shafer | Senior Vice President 3M Strategy and Business Development | Profile | |
Luigi Faltoni | Managing Brazil | Profile | |
Jeffrey Lavers | Executive Vice President Consumer Business Group | Profile | |
Karina Chavez | Senior Vice President Chief Strategy Officer | Profile | |
Bryan Hanson | Chief Group | Profile | |
Peter Gibbons | Group President Enterprise Operations | Profile | |
Zoe Dickson | Chief Human Resource Officer, Executive Vice President | Profile | |
Bruce CFA | Vice Relations | Profile | |
Michael Duran | Senior Officer | Profile |
About 3M Management Performance
The success or failure of an entity such as 3M Company often depends on how effective the management is. 3M management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of 3M management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the 3M management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.21) | (0.20) | |
Return On Capital Employed | (0.26) | (0.25) | |
Return On Assets | (0.14) | (0.13) | |
Return On Equity | (1.46) | (1.38) |
The data published in 3M's official financial statements usually reflect 3M's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of 3M Company. For example, before you start analyzing numbers published by 3M accountants, it's critical to develop an understanding of what 3M's liquidity, profitability, and earnings quality are in the context of the Industrial Conglomerates space in which it operates.
Please note, the presentation of 3M's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 3M's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in 3M's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 3M Company. Please utilize our Beneish M Score to check the likelihood of 3M's management manipulating its earnings.
3M Workforce Analysis
Traditionally, organizations such as 3M use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare 3M within its industry.3M Manpower Efficiency
Return on 3M Manpower
Revenue Per Employee | 384.5K | |
Revenue Per Executive | 553.9M | |
Net Loss Per Employee | 82.1K | |
Net Loss Per Executive | 118.3M | |
Working Capital Per Employee | 12.7K | |
Working Capital Per Executive | 18.3M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running 3M's price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
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Is 3M's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.744 | Dividend Share 6 | Earnings Share (12.63) | Revenue Per Share 59.002 | Quarterly Revenue Growth (0.01) |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.