Solventum Corp

More Details of Solventum Corp Company

Solventum Corporation is a global healthcare company developing, manufacturing, and commercializing a portfolio of solutions that leverages deep material science, data science, and digital capabilities to address customer and patient needs. The Company's segments include MedSurg, Dental Solutions, Health Information Systems, and Purification and Filtration. MedSurg segment provides solutions including negative pressure wound therapy, advanced wound dressings, advanced skin care, and others. Dental Solutions segment provides a suite of dental and orthodontic products including brackets, aligners, restorative cements, and bonding agents. Health Information Systems segment provides healthcare systems with software solutions, including computer-assisted physician documentation, direct-to-bill and coding automation, and data visualization platforms. Purification and Filtration segment provides purification and filtration technologies including filters, purifiers, cartridges, and membranes.

Company Info

Ticker SymbolSOLV

Company nameSolventum Corp

IPO dateMar 26, 2024

Founded at2023

CEOMr. Bryan C. Hanson

Number of employees22000

Security typeOrdinary Share

Fiscal year-endMar 26

AddressC/O 3M Company

CityST. PAUL

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code55144-1000

Phone16517331110

Websitehttps://www.solventum.com/en-us/home/

Ticker SymbolSOLV

IPO dateMar 26, 2024

Founded at2023

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Wayde D. McMillan

Chief Financial Officer

22.49K

+33.04%

Ms. Amy Landucci

Chief Information and Digital Officer

18.95K

+14.54%

Mr. Paul S. Harrington

Chief Supply Chain Officer

10.01K

+37.83%

Ms. Tammy L. Gomez

Chief Human Resources Officer

5.66K

+88.88%

Mr. Chris Barry

Executive Vice President and Group President, Medical Surgical

4.62K

--

Mr. Carlos Alban

Independent Director

3.56K

--

Mr. John H. Weiland

Independent Director

3.56K

--

Mr. Darryl L. Wilson

Independent Director

3.56K

--

Ms. Karen J. May, CPA

Independent Director

3.56K

--

Mr. Glenn A. Eisenberg

Independent Director

3.56K

--

Name

Name/Position

Position

Shareholding

Change

Mr. Wayde D. McMillan

Chief Financial Officer

22.49K

+33.04%

Ms. Amy Landucci

Chief Information and Digital Officer

18.95K

+14.54%

Mr. Paul S. Harrington

Chief Supply Chain Officer

10.01K

+37.83%

Ms. Tammy L. Gomez

Chief Human Resources Officer

5.66K

+88.88%

Mr. Chris Barry

Executive Vice President and Group President, Medical Surgical

4.62K

--

Mr. Carlos Alban

Independent Director

3.56K

--

Revenue Breakdown

Currency: USDUpdated: Sun, Apr 6

FY2024

FY2024Q2

FY2024Q1

FY2023

FY2022

FY2021

FY2020

No Data

By RegionUSD

Name

Revenue

Proportion

United States

4.75B

57.54%

International

3.50B

42.46%

By Business

By Region

No Data

Shareholding Stats

Updated: Sat, May 17

Shareholders

Shareholder Types

Shareholders

Proportion

3M Co

19.87%

The Vanguard Group, Inc.

9.34%

Trian Fund Management, L.P.

4.89%

BlackRock Institutional Trust Company, N.A.

4.39%

State Street Global Advisors (US)

3.58%

Other

57.93%

Shareholders

Proportion

3M Co

19.87%

The Vanguard Group, Inc.

9.34%

Trian Fund Management, L.P.

4.89%

BlackRock Institutional Trust Company, N.A.

4.39%

State Street Global Advisors (US)

3.58%

Other

57.93%

Shareholder Types

Shareholders

Proportion

Investment Advisor/Hedge Fund

27.08%

Investment Advisor

23.73%

Corporation

19.90%

Hedge Fund

8.79%

Bank and Trust

2.01%

Sovereign Wealth Fund

1.86%

Research Firm

1.71%

Pension Fund

1.41%

Insurance Company

1.25%

Other

12.27%

Institutional Shareholding

Updated: Mon, Jan 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

1581

147.80M

85.43%

+1.79M

2024Q4

1529

146.34M

84.59%

+493.48K

2024Q3

1406

142.85M

82.66%

+3.87M

2024Q2

1242

141.43M

81.89%

-74.84M

2024Q1

77

177.69M

102.88%

+177.69M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

3M Co

34.37M

19.87%

--

Sep 30, 2024

The Vanguard Group, Inc.

16.21M

9.37%

+77.49K

+0.48%

Dec 31, 2024

Trian Fund Management, L.P.

8.46M

4.89%

+1.34M

+18.76%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

7.52M

4.35%

+94.73K

+1.28%

Dec 31, 2024

State Street Global Advisors (US)

6.19M

3.58%

+85.10K

+1.39%

Dec 31, 2024

Independent Franchise Partners LLP

1.60M

0.93%

+821.27K

+105.04%

Dec 31, 2024

Davis Selected Advisers, L.P.

5.25M

3.03%

-24.90K

-0.47%

Dec 31, 2024

Geode Capital Management, L.L.C.

3.46M

2%

+112.69K

+3.37%

Dec 31, 2024

Boston Partners

1.67M

0.97%

+1.16M

+230.03%

Dec 31, 2024

Norges Bank Investment Management (NBIM)

3.08M

1.78%

+494.93K

+19.11%

Dec 31, 2024

Related ETFs

Updated: Fri, Jun 6

Name

Proportion

Invesco S&P Spin-Off ETF

5.23%

Davis Select Worldwide ETF

2.63%

Davis Select US Equity ETF

2.33%

SPDR S&P Health Care Equipment ETF

1.77%

Invesco S&P 500 Equal Weight Health Care ETF

1.67%

First Trust US Equity Opportunities ETF

1.47%

Nuveen ESG Mid-Cap Value ETF

1.41%

Pacer CFRA-Stovall Equal Weight Seasonal Rot Idx

0.85%

Motley Fool Next Index ETF

0.69%

WisdomTree US MidCap Fund

0.5%

Invesco S&P Spin-Off ETF

Proportion5.23%

Davis Select Worldwide ETF

Proportion2.63%

Davis Select US Equity ETF

Proportion2.33%

SPDR S&P Health Care Equipment ETF

Proportion1.77%

Invesco S&P 500 Equal Weight Health Care ETF

Proportion1.67%

First Trust US Equity Opportunities ETF

Proportion1.47%

Nuveen ESG Mid-Cap Value ETF

Proportion1.41%

Pacer CFRA-Stovall Equal Weight Seasonal Rot Idx

Proportion0.85%

Motley Fool Next Index ETF

Proportion0.69%

WisdomTree US MidCap Fund

Proportion0.5%

Dividend

A total of 0.00 USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

No Data

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

74.490USD

Solventum Corp

74.490

Overview

Company