Solventum Corporation

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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Solventum Corp. operates as a health care company. The company was founded on January 24, 2023 and is headquartered in Maplewood, MN.

ST. PAUL, Minn., July 2, 2024 /PRNewswire/ -- Solventum today announced that U.S. News & World Report is expanding its use of Solventum's  3M™ Ambulatory Potentially Preventable Complications  (AM-PPCs) software in the analysis of its 2024-2025 Best Hospitals rankings.

U.S. News & World Report Expands Use of Solventum's Ambulatory Potentially Preventable Complications Grouping Software for Use in Its 2024-2025 Best Hospitals Rankings

ST. PAUL, Minn., June 24, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV), [formerly 3M Health Care] today announced a new artificial intelligence (AI)-driven payment integrity and revenue cycle solution, Solventum™ Revenue Integrity System.

Solventum introduces denials prevention solution, an AI-powered tool, empowering health systems to help reduce write-offs and improve top line revenue

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Despite the strong rally recently, I see more upside for 3M Company stock prices. The top drivers include the Solventum Corporation spin-off and the settlement of its legacy lawsuits, both enhancing the clarity of its growth curve ahead. The attractive valuation multiples add further upside potential.

3M Company: Solventum Spinoff Creates More Upside Potential

ST. PAUL, Minn., June 7, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV) has been notified that TRC Capital Investment Corporation ("TRC") made an unsolicited "mini-tender offer" to purchase up to 2,000,000 shares of the company's common stock at $59.15 per share and decreased the offer price on June 6, 2024, to $55.00 per share.

Solventum Cautions Investors Regarding TRC Capital's "Mini-Tender Offer"

TORONTO, June 06, 2024 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 2,000,000 common shares of Solventum Corporation (the Company) and has decreased the offer price payable to US$55.00 per share from US$59.15 per share.

TRC Amends Its Tender Offer for Solventum Corporation

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3M healthcare spinoff Solventum says it will prioritize paying back debt over dividends and share buybacks for the next 24 months.

Solventum Reports Earnings. There Will Be No Dividend.

Completed spin-off from 3M and began trading on April 1, 2024 Reported sales increased 0.2% to $2.016 billion, organic sales increased 0.9% GAAP Earnings Per Share (EPS) of $1.37; adjusted EPS1 of $2.08 Generated $442 million in cash from operations; free cash flow1 of $340 million Reaffirms full-year 2024 guidance ST. PAUL, Minn.

Solventum Reports First Quarter 2024 Financial Results and Capital Allocation Update

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ST. PAUL, Minn. , April 23, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV) announced today that it will release carve-out financial results for the first quarter 2024 before the market opens on May 9, 2024.

Solventum Announces First Quarter 2024 Earnings Release Date and Upcoming Investor Events

ST. PAUL, Minn. , April 15, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV) announced today that its Board of Directors appointed Shirley Edwards, former partner, EY, to the board.

Solventum Names Shirley Edwards to Board of Directors

The 3M healthcare spinoff picked up two new ratings this week.

Solventum Stock Is Cheap. Why Wall Street Says to Wait.

3M Company has completed the spinoff of its healthcare business, Solventum Corporation, allowing both companies to focus on their respective strengths. Solventum has a well-diversified business model with strong growth opportunities, but faces challenges such as low entry barriers and elevated debt. MMM is showing signs of stability and growth, with settled lawsuits and positive market trends, making it a promising investment with potential for a high total return.

3M Says Bye To Solventum - Why I Stick To My Bullish Call

Solventum (NYSE: SOLV ) stock went live on the New York Stock Exchange today just as its parent company, 3M (NYSE: MMM ), sorted out a recent settlement related to a drinking water agreement. Indeed, on March 29, 3M announced that its prior settlement agreement with U.S. public water suppliers had received final approval in U.S. District Court.

3M Finalizes Drinking Water Settlement Amidst Solventum Spinoff

Healthcare business Solventum (NYSE: SOLV ) — which covers information technology, wound care and other specialties — slipped on its public market debut. SOLV stock represents a spinoff from industrial conglomerate and applied sciences giant 3M (NYSE: MMM ).

Should You Buy Solventum (SOLV) Stock After the 3M Spinoff?

Two big announcements from 3M (MMM) sent shares of the conglomerate higher Monday.

3M Completes Health Care Spinoff, and a Court Finalizes 'Forever Chemicals' Settlement

The spinoff of 3M's healthcare business is complete and shares of the new company, called Solventum, are lower. It could be a buying opportunity.

3M Spinoff Solventum Stock Is Down 16%. What Happens Next.

Solventum Corp (NYSE: SOLV) lost about 3.0% as it debuted on the New York Stock Exchange on Monday. The healthcare name was separated from 3M & Co (NYSE: MMM) in March.

3M healthcare spinoff Solventum slides on NYSE debut

Solventum (NYSE: SOLV ), the healthcare company spun off by 3M (NYSE: MMM ), has started trading independently today on the New York Stock Exchange. Here are seven things investors should know about the spinoff, 3M and it shares, and Solventum and SOLV stock.

SOLV Stock: 7 Things to Know as Solventum Starts Trading Today

Formerly 3M Health Care Business, Solventum (NYSE: SOLV) enables better, smarter, safer healthcare to improve lives ST. PAUL, Minn.

Solventum Begins Trading on the New York Stock Exchange

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GE Vernova, Solventum to join S&P 500 index next week

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NEW YORK , March 27, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: Solventum Corp. (NYSE: SOLV) will be added to the S&P 500 effective prior to the open of trading on Monday, April 1, replacing V.F. Corp. (NYSE: VFC), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Wednesday, April 3.

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S&P Dow Jones Indices announced changes to its indexes as of the start of the second quarter.

News for Solventum Corporation Stock (SOLV)