New York, Feb 14, 2026, 18:27 EST — The market has closed.
- 3M fell 1.6% to finish Friday at $171.82, giving back gains after Thursday’s intraday jump that nearly hit $177.41.
- The stock went ex-dividend for its $0.78 quarterly payout, which is set for March 12.
- SEC filings this week revealed that executives, along with a former officer, have conducted share sales and settled tax-withholding obligations through transactions.
3M Co slid 1.6% Friday, closing out the session at $171.82 after hitting an intraday high of $177.41 in the previous session. The Dow name opened at $174.50 and slipped to $170.57 at its low, with roughly 3.18 million shares traded as the stock approached a long U.S. market weekend. (Investing.com)
This timing matters because Friday marked 3M’s ex-dividend date, meaning fresh buyers lost eligibility for the upcoming payout—a factor that can drag the stock down by about the dividend’s value. The board set a first-quarter dividend at $0.78 per share, with payment slated for March 12 to holders on record as of Feb. 13, according to the company. (3M News Center)
The drop came as U.S. markets showed more nerves around both interest rates and the dominant tech names. On Friday, the S&P 500 eked out a small gain following softer inflation numbers, but the Nasdaq ended lower—tech giants dragging it down again, Reuters said. Traders remained cautious ahead of Monday’s Presidents Day break. “Large cap tech stocks continue to be an anchor on the market and any whiff of optimism continues to get rejected,” said Michael James, managing director at Rosenblatt Securities. (Reuters)
Senior Vice President and Chief Administrative Officer Theresa E. Reinseth sold a total of 5,145 shares on Feb. 11, according to a Form 4. The transactions went through at roughly $172.7 per share. Reinseth also exercised options for 3,349 shares in the same window, and now holds about 2,584.5834 shares directly. The Form 144 listed the anticipated sale value at approximately $889,000. (3M Company)
Group President Beatriz Karina Chavez Rodriguez, in an amended Form 4, reported that 2,306 shares were withheld for taxes at $172.65, noting the filing now reflects the “actual number of shares withheld.” Over in a separate Form 144 from Feb. 12, former officer Victoria Clarke listed a planned sale of 1,041 shares. (3M Company)
Friday morning saw 3M and Goldman Sachs weighing on the Dow, MarketWatch reported, with pressure from stocks like Nvidia, Verizon, and Cisco adding to the index’s slide. (MarketWatch)
Bulls have something to watch: if hopes for rate cuts slip or sentiment turns negative on growth and spending, the dividend adjustment could spiral into deeper trouble. Back in January, 3M was looking for $8.50 to $8.70 a share in adjusted profit for 2026 even as it flagged patchy demand. CFO Anurag Maheshwari put it this way—the company sees “the macro in 2026 to be a little bit better.” (Reuters)
U.S. markets are closed Monday. Eyes turn to Tuesday, when trading picks back up, followed by Wednesday’s release of the Federal Reserve’s Jan. 27-28 meeting minutes, set for 2:00 p.m. in Washington, according to the calendar. (Federal Reserve)
3M holders are watching to see if the stock can find its footing after the ex-dividend drop and last week’s pop—or if selling pressure keeps up through the shortened week.
Investors are eyeing the March 12 dividend payout next, before shifting focus to the upcoming earnings release—where they’ll be searching for new clues on margins, demand, and how quickly management’s turnaround strategy is taking hold.
