Solventum Corp

More Details of Solventum Corp Company

Solventum Corp. is a global healthcare company. Its segments include Medical Surgical, Dental Solutions, Health Information Systems, and Purification and Filtration. Medical Surgical is a provider of solutions including advanced wound care, sterilization assurance, temperature management, surgical supplies, stethoscopes, and medical electrodes. Dental Solutions provides dental and orthodontic products include brackets, aligners, restorative cements, and bonding agents that span the life of the tooth, including products designed for preventative dental care, direct and indirect restoration, and broad orthodontic needs. Health Information Systems offers healthcare systems with software solutions, including computer-assisted physician documentation, direct-to-bill and coding automation, speech recognition, and data visualization platforms. Purification and Filtration is a provider of purification and filtration technologies including filters, purifiers, cartridges, and membranes.

Company Info

Company codeSOLV

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/

Company codeSOLV

IPO dateMar 26, 2024

Founded at2023

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Wayde D. McMillan

Chief Financial Officer

16.90K

+0.03%

Ms. Amy Landucci

Chief Information and Digital Officer

16.55K

--

Mr. Paul S. Harrington

Chief Supply Chain Officer

7.26K

--

Ms. Tammy L. Gomez

Chief Human Resources Officer

2.99K

--

Mr. Karim Mansour

President - Dental Solutions

--

Ms. Carrie S. Cox

Independent Chairman of the Board

--

Mr. Bryan C. Hanson

Chief Executive Officer, Director

--

Ms. Garri Garrison

President - Health Information Systems

--

Mr. Carlos Alban

Independent Director

--

Mr. Vaughn Grannis

President - Purification and Filtration

--

Name

Name/Position

Position

Shareholding

Change

Mr. Wayde D. McMillan

Chief Financial Officer

16.90K

+0.03%

Ms. Amy Landucci

Chief Information and Digital Officer

16.55K

--

Mr. Paul S. Harrington

Chief Supply Chain Officer

7.26K

--

Ms. Tammy L. Gomez

Chief Human Resources Officer

2.99K

--

Mr. Karim Mansour

President - Dental Solutions

--

Ms. Carrie S. Cox

Independent Chairman of the Board

--

Revenue Breakdown

Currency: USDUpdate time: 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

Shareholder

Update time: Fri, Feb 21

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

3M Co

19.87%

The Vanguard Group, Inc.

9.37%

Trian Fund Management, L.P.

4.89%

BlackRock Institutional Trust Company, N.A.

4.35%

State Street Global Advisors (US)

3.58%

Other

57.95%

Shareholder Statistics

Shareholder

Proportion

3M Co

19.87%

The Vanguard Group, Inc.

9.37%

Trian Fund Management, L.P.

4.89%

BlackRock Institutional Trust Company, N.A.

4.35%

State Street Global Advisors (US)

3.58%

Other

57.95%

Type

Shareholder

Proportion

Investment Advisor/Hedge Fund

26.59%

Investment Advisor

21.66%

Corporation

19.90%

Hedge Fund

8.41%

Bank and Trust

2.23%

Sovereign Wealth Fund

1.91%

Research Firm

1.79%

Pension Fund

1.46%

Insurance Company

1.23%

Other

14.82%

Institutional Shareholding

Update time: Mon, Jan 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

1572

147.47M

85.24%

+1.46M

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

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

Norges Bank Investment Management (NBIM)

3.08M

1.78%

+494.93K

+19.11%

Dec 31, 2024

Madison Avenue Partners LP

2.83M

1.63%

--

Dec 31, 2024

Invesco Capital Management LLC

2.56M

1.48%

+179.77K

+7.55%

Dec 31, 2024

Related ETFs

Update time: Sun, Apr 6

Name

Proportion

Invesco S&P Spin-Off ETF

4.82%

Alger Russell Innovation ETF

3.96%

Davis Select Worldwide ETF

2.99%

Nuveen ESG Mid-Cap Value ETF

1.84%

Invesco S&P 500 Equal Weight Health Care ETF

1.79%

Davis Select US Equity ETF

1.58%

SPDR S&P Health Care Equipment ETF

1.57%

First Trust S&P 500 Diversified Free Cash Flow ETF

1.27%

First Trust Mid Cap Value AlphaDEX Fund

0.69%

Motley Fool Next Index ETF

0.68%

Invesco S&P Spin-Off ETF

Proportion4.82%

Alger Russell Innovation ETF

Proportion3.96%

Davis Select Worldwide ETF

Proportion2.99%

Nuveen ESG Mid-Cap Value ETF

Proportion1.84%

Invesco S&P 500 Equal Weight Health Care ETF

Proportion1.79%

Davis Select US Equity ETF

Proportion1.58%

SPDR S&P Health Care Equipment ETF

Proportion1.57%

First Trust S&P 500 Diversified Free Cash Flow ETF

Proportion1.27%

First Trust Mid Cap Value AlphaDEX Fund

Proportion0.69%

Motley Fool Next Index ETF

Proportion0.68%

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

66.455USD

Solventum Corp

66.455

Overview

Company