3m sr VP Reinseth sells $156,544 in company stock By Investing.com

Theresa E. Reinseth, Senior Vice President and Chief Accounting Officer at 3M Co. (), disposed of shares of the company’s common stock totaling $156,544 on July 23, 2026.

Ms. Reinseth sold 924 shares at a price of $169.4201 per share. The transaction occurred near the current stock price of $169.59, as 3M shares have delivered a 15.7% return over the past year.

Following this transaction, Ms. Reinseth directly holds 2,615.1084 shares of 3M common stock, which includes shares acquired through 3M’s Dividend Reinvestment Plan. Additionally, Ms. Reinseth indirectly owns 574 shares through a 401k/paesop Trust. The $87.5 billion industrial conglomerate currently trades at a P/E ratio of 30.4 and offers a 1.84% dividend yield. According to InvestingPro analysis, the stock appears undervalued at current levels, with access to comprehensive Fair Value estimates and 6 additional ProTips available to subscribers.

In other recent news, 3M Co. reported second-quarter earnings and revenue that surpassed Wall Street expectations. The company achieved adjusted earnings of $2.40 per share on revenue of $6.5 billion, exceeding analysts’ estimates of $2.24 per share and $6.4 billion, respectively. Following these results, 3M has raised its full-year outlook, highlighting record operating margins. UBS responded to this performance by raising its price target for 3M to $218, maintaining a Buy rating, and noting the company’s strong organic growth of 5.4%. Similarly, Mizuho increased its price target to $180, citing results that exceeded buy-side expectations. Bernstein SocGen Group also adjusted its price target to $145, acknowledging the strong quarterly performance and improved adjusted margins. These developments reflect a positive response from analysts to 3M’s financial performance and outlook.

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