SilverOak Wealth Management LLC Sells 4,005 Shares of 3M Company $MMM

02 Nov 2026, 09:30 by Doug Wharley · The Cerbat Gem

SilverOak Wealth Management LLC decreased its position in 3M Company (NYSE:MMM – Free Report) by 5.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 70,982 shares of the conglomerate’s stock after selling 4,005 shares during the period. 3M accounts for 1.4% of SilverOak Wealth Management LLC’s holdings, making the stock its 16th largest position. SilverOak Wealth Management LLC’s holdings in 3M were worth $11,652,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MMM. Trek Financial LLC lifted its position in 3M by 11.3% in the third quarter. Trek Financial LLC now owns 16,292 shares of the conglomerate’s stock valued at $2,674,000 after buying an additional 1,660 shares during the last quarter. Woodmont Investment Counsel LLC grew its stake in shares of 3M by 11.6% in the third quarter. Woodmont Investment Counsel LLC now owns 3,890 shares of the conglomerate’s stock worth $639,000 after acquiring an additional 405 shares in the last quarter. Traynor Capital Management Inc. acquired a new position in 3M during the 3rd quarter worth $238,000. Greenleaf Trust increased its stake in shares of 3M by 13.8% during the third quarter. Greenleaf Trust now owns 17,222 shares of the conglomerate’s stock worth $2,827,000 after buying an additional 2,094 shares during the period. Finally, Nippon Life Global Investors Americas Inc. purchased a new stake in shares of 3M during the third quarter worth approximately $56,678,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Insider Activity

In other news, insider Karin Chavez sold 3,635 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $182.51, for a total value of $663,423.85. Following the completion of the transaction, the insider owned 14,035 shares in the company, valued at approximately $2,561,527.85. This represents a 20.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MMM. Jefferies Financial Group reiterated a “hold” rating and issued a $186.00 price target on shares of 3M in a research note on Wednesday, October 21st. Citigroup increased their price objective on shares of 3M from $183.00 to $188.00 and gave the company a “neutral” rating in a research report on Wednesday, October 21st. The Goldman Sachs Group restated a “buy” rating on shares of 3M in a report on Wednesday, July 22nd. Sanford C. Bernstein lifted their price objective on shares of 3M from $171.00 to $197.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 21st. Finally, UBS Group reiterated a “buy” rating on shares of 3M in a research note on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, 3M currently has an average rating of “Hold” and an average price target of $185.36.

View Our Latest Research Report on MMM

3M Price Performance

Shares of NYSE MMM opened at $174.32 on Monday. The stock’s 50-day simple moving average is $168.45 and its 200-day simple moving average is $161.35. The firm has a market capitalization of $90.08 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 2.27 and a beta of 1.01. 3M Company has a fifty-two week low of $139.34 and a fifty-two week high of $184.90. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.06 and a current ratio of 1.41.

3M (NYSE:MMM – Get Free Report) last announced its quarterly earnings results on Tuesday, October 20th. The conglomerate reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.38 by $0.12. The firm had revenue of $6.60 billion during the quarter, compared to the consensus estimate of $6.61 billion. 3M had a return on equity of 123.11% and a net margin of 14.01%. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.19 earnings per share. As a group, equities research analysts forecast that 3M Company will post 9.14 EPS for the current fiscal year.

3M Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 24th were issued a $0.78 dividend. The ex-dividend date was Monday, August 24th. This represents a $3.12 annualized dividend and a dividend yield of 1.8%. 3M’s dividend payout ratio is presently 46.50%.

About 3M

(Free Report)

3M is a diversified technology and manufacturing company headquartered in St. Paul, Minnesota. Founded in 1902 as Minnesota Mining and Manufacturing Company, it developed from a mining venture into a global enterprise known for applying materials science and engineering to a broad range of industrial, commercial and consumer applications.

The company develops and manufactures products including adhesives, abrasives, filtration systems, personal protective equipment, medical and dental supplies, electrical and electronic materials, automotive components, reflective materials and workplace safety solutions.