NEW YORK, June 27, 2026, 12:01 EDT
- 3M ended Friday at $164.01, falling 2.36% in the session, though shares were up 0.48% for the week.
- Friday’s trading volume hit 6.33 million shares, or 168% of the 65-day average tracked by MarketWatch.
- The $3.96 drop in the stock on Friday shaved around 24 points off the Dow, according to current Dow math.
- NYSE will shut July 3 for the Independence Day holiday.
3M Company NYSE:MMM finished the week with a slight gain, though Friday’s numbers didn’t look as strong as the weekly move. Shares dropped 2.36% to $164.01 after opening at $167.16 and topping out at $167.80. MarketWatch reported volume at 6.33 million shares, running 168% of the 65-day average. In after-hours trading, 3M bounced 1.12% to $165.85 on 1.01 million shares.
Dow math is what index investors watch. In the Dow Jones Industrial Average (INDEXDJX:.DJI), every $1 move in a stock works out to roughly 6.16 index points. 3M fell $3.96 on Friday—knocking about 24 points off the Dow, which lost 44.51 points total for the day. So 3M made up just over half the Dow’s drop.
3M finished the week up 79 cents from Monday’s $163.22 close, adding less than 5 points to the Dow. Shares picked up $4.07 on Wednesday, but then fell $3.96 on Friday. Volume was heavy at week’s end, with Friday accounting for about 34% of the five-day volume, according to WSJ data.
3M’s split gave traders a look at this week’s rotation. The Dow added 0.6% for the week. The S&P 500 (INDEXSP:.INX) dropped 2%, Nasdaq composite (INDEXNASDAQ:.IXIC) lost 4.6%. On Friday, the S&P 500 was off less than 0.1%. The Dow fell 0.1%.
Jay Hatfield, CEO at Infrastructure Capital Advisors, described the week as “a hedge-fund unwind,” saying cash moved from secular growth stocks into cyclical and defensive names. That shift boosted 3M for the week, but shares didn’t hold Thursday’s close at $167.97. MarketWatch
3M shares stay close to their top. Google Finance lists the 52-week high at $177.41 and the low at $139.34, with a market cap of $85.54 billion and a P/E of 31.64. After Friday’s close, the stock sat about 7.6% off that high.
3M is still about margin and pricing, not fresh sales growth. The company posted Q1 adjusted EPS at $2.14 and adjusted operating margin at 23.8%. 3M kept its 2026 adjusted EPS outlook at $8.50 to $8.70. CEO William Brown called it a “good start to the year” and said 3M is “confident in achieving” its 2026 goals. 3M Company
Oil-linked costs are still the piece of guidance investors will keep pressing. Brown told analysts 3M is leaning into pricing “a little bit more aggressively” and sees about $125 million of oil-related cost headwind, or roughly 50 basis points on price. CFO Anurag Maheshwari said the price hikes started in April in parts of Asia, and will hit the U.S. and Europe on May 1. d1io3yog0oux5.cloudfront.net
3M’s April results showed margin gains that “more than offset approximately $145 million” in tariffs, costs and investments, Reuters reported, quoting Maheshwari. He said first-half EPS should come in above the second half, setting up July guidance checks to carry more weight. Reuters
Short week coming up. The NYSE will close for Independence Day observed on Friday, July 3. Normal trading runs 9:30 a.m. to 4:00 p.m. ET the rest of the week. 3M’s investor site shows no events on the calendar. Traders are watching for a move above Thursday’s $167.97 close, then the week’s high of $169.76.
