3M board member Gregory R. Page retires citing other commitments

3M Company (NYSE:MMM), an $81 billion industrial conglomerate that has delivered a strong 22.5% return year-to-date according to InvestingPro, announced that Gregory R. Page has retired from its board of directors, effective Monday. According to a statement in a press release based on the company’s SEC filing, Page’s retirement is due to personal and professional commitments, including responsibilities related to his leadership positions on the boards of other public companies. The company maintains a FAIR financial health score, with analysts maintaining a neutral stance on the stock.

Page had served as a member of 3M’s board prior to his retirement. The filing did not disclose plans for a replacement or further details regarding board composition following his departure.

This information is based on a statement included in 3M’s Form 8-K filed with the Securities and Exchange Commission.

In other recent news, 3M Company announced a quarterly dividend of $0.73 per share for the third quarter of 2025, payable on September 12 to shareholders of record as of August 25. UBS has reiterated a Buy rating on 3M with a price target of $184, following a strong earnings report that exceeded expectations with a 4% operating profit beat and a 7% EPS beat. Mizuho maintained a Neutral rating with a $155 price target after 3M posted adjusted earnings per share of $2.16, surpassing both Wall Street and Mizuho’s estimates, driven by the strong performance of the Transportation & Electronics segment. Meanwhile, Citi increased its price target for 3M to $160 from $141, keeping a Neutral rating, and noted a positive trajectory under the company’s new management. RBC Capital, however, lowered its price target to $117 while maintaining an Underperform rating, citing a tepid outlook despite matching their revised estimates. These developments highlight varied analyst perspectives on 3M’s recent financial performance and future outlook.

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