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
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 225 | Existing positions closed: 143
56% more call options, than puts
Call options by funds: $1.54B | Put options by funds: $988M
35% more funds holding in top 10
Funds holding in top 10: 26 [Q3] → 35 (+9) [Q4]
2.06% more ownership
Funds ownership: 65.32% [Q3] → 67.39% (+2.06%) [Q4]
2% more funds holding
Funds holding: 2,059 [Q3] → 2,092 (+33) [Q4]
4% more capital invested
Capital invested by funds: $49.3B [Q3] → $51.3B (+$1.94B) [Q4]
19% less repeat investments, than reductions
Existing positions increased: 670 | Existing positions reduced: 826
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Andrew Kaplowitz 15% 1-year accuracy 13 / 88 met price target | 9%upside $142 | Neutral Maintained | 14 Apr 2025 |
Barclays Julian Mitchell 35% 1-year accuracy 44 / 124 met price target | 23%upside $160 | Overweight Maintained | 10 Apr 2025 |
JP Morgan Stephen Tusa 42% 1-year accuracy 15 / 36 met price target | 8%upside $140 | Overweight Maintained | 8 Apr 2025 |
B of A Securities Andrew Obin 38% 1-year accuracy 8 / 21 met price target | 37%upside $179 | Buy Maintained | 6 Mar 2025 |
RBC Capital Deane Dray 22% 1-year accuracy 11 / 51 met price target | 26%downside $96 | Underperform Reiterated | 27 Feb 2025 |
Financial journalist opinion
Based on 12 articles about MMM published over the past 30 days









