3M
About: 3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
Employees: 61,500
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
56% more call options, than puts
Call options by funds: $1.54B | Put options by funds: $988M
46% more first-time investments, than exits
New positions opened: 200 | Existing positions closed: 137
31% more funds holding in top 10
Funds holding in top 10: 26 [Q3] → 34 (+8) [Q4]
0% less capital invested
Capital invested by funds: $51.2B [Q3] → $51B (-$117M) [Q4]
0.7% less ownership
Funds ownership: 67.77% [Q3] → 67.07% (-0.7%) [Q4]
2% less funds holding
Funds holding: 2,054 [Q3] → 2,007 (-47) [Q4]
19% less repeat investments, than reductions
Existing positions increased: 646 | Existing positions reduced: 799
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$96
34%
downside
Avg. target
$146
0%
upside
High target
$175
21%
upside
7 analyst ratings
4 positive
57%
1 neutral
14%
2 negative
29%
RBC Capital Deane Dray 47% 1-year accuracy 27 / 57 met price target | 34%downside $96 | Underperform Reiterated | 22 Jan 2025 |
B of A Securities Andrew Obin 76% 1-year accuracy 19 / 25 met price target | 21%upside $175 | Buy Maintained | 22 Jan 2025 |
Citigroup Andrew Kaplowitz 54% 1-year accuracy 44 / 81 met price target | 5%upside $152 | Neutral Maintained | 22 Jan 2025 |
Barclays Julian Mitchell 55% 1-year accuracy 63 / 115 met price target | 14%upside $165 | Overweight Maintained | 22 Jan 2025 |
JP Morgan Stephen Tusa 65% 1-year accuracy 20 / 31 met price target | 14%upside $165 | Overweight Maintained | 22 Jan 2025 |
Financial journalist opinion
Based on 19 articles about MMM published over the past 30 days
Positive
The Motley Fool
1 week ago
Looking for Dividend Stocks to Buy in February? Consider These 3 Dow Jones Components.
The Dow Jones Industrial Average (^DJI 0.28%) is chock-full of industry-leading dividend-paying companies -- making it a great place to look for stocks to boost your passive income stream.
Negative
Zacks Investment Research
1 week ago
3M Rises 21.5% in Six Months: Should You Buy the Stock Now or Wait?
MMM is making strides in the transportation, roofing granules and electrical markets, which makes the stock worth a watch amid certain headwinds.
Neutral
PRNewsWire
1 week ago
3M Announces New Board Appointments
William Brown to become Chairman of the Board of Directors Mike Roman to retire as Executive Chairman and Director and become Executive Advisor to the Board David Bozeman elected to the Board Amy Hood does not intend to stand for reelection ST. PAUL, Minn.
Positive
Seeking Alpha
2 weeks ago
3M: More Upside Ahead - But Wait For A Moderate Retracement
MMM's reversal is already here, thanks to the SOLV divestiture bringing forth a more focused portfolio and healthier balance sheet. This is on top of the resolution of its legal headwinds, as management also pursues insurance recovery and $340M already completed. The management has driven new growth opportunities through its legacy businesses and new product launches as well, despite certain market softness.
Positive
Seeking Alpha
2 weeks ago
The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.
Positive
The Motley Fool
2 weeks ago
Here's Why 3M Stock Soared in January (and Has Plenty of Upside Potential in 2025)
3M (MMM 0.51%) soared by an impressive 17.9% in January, according to data provided by S&P Global Market Intelligence. The move comes as the market continues to warm to CEO Bill Brown's plans to rejuvenate the company's long-term growth rate and improve its operational performance.
Neutral
PRNewsWire
2 weeks ago
3M Board Declares Quarterly Dividend
ST. PAUL, Minn. , Feb. 4, 2025 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.73 per share for the first quarter of 2025.
Positive
The Motley Fool
2 weeks ago
These Were the 5 Top-Performing Stocks in the Dow Jones Industrial Average in January 2025
The Dow Jones Industrial Average got off to a solid start this year. The widely reported index, consisting of 30 large-cap stocks representing multiple sectors of the economy, gained 4.7% in the first month of the year.
Positive
Seeking Alpha
2 weeks ago
11 Dividend Increases Expected In February 2025
February 2025 will see 11 expected dividend increases from companies with a history of consistent annual dividend hikes, enhancing predictability for investors. Dividend growth is crucial for achieving financial freedom, especially amid high inflation, making it a key factor in stock purchase decisions. Featured stocks include Home Depot, Eaton, Genuine Parts, Coca-Cola, PepsiCo, Walmart, Sherwin-Williams, Cisco, T. Rowe Price, 3M, and United Parcel Service.
Positive
The Motley Fool
2 weeks ago
3M Stock: Buy, Sell, or Hold?
3M (MMM -1.42%) is off to a spectacular start to 2025, with its shares climbing 18% in January following its fourth-quarter earnings report that exceeded Wall Street estimates.
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