3M NewsMore News
InvestorPlace
3 Stocks to Sell Before Their Earnings Reports Disappoint in 2024
InvestorPlace
The Biggest Stock Winners and Losers of Q4 Earnings Season
TipRanks
3M Holds Steady: A Cautious Outlook Amidst Restructuring and Mixed Market Forecasts
Benzinga
Cathie Wood Predicts Fed Will Stop 'Rolling Recession' With Interest Rate Cuts: 'More Deflationary Forces Out There'
Cathie Wood shares her outlook on inflation and deflation in 2024 and what the Federal Reserve could do next.
Benzinga
The Analyst Verdict: 3M In The Eyes Of 5 Experts
Historical Prices for 3M
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:0%0
3M Analyst Data
Total Analysts: 84
Buy Ratings: 1 Neutral Ratings: 49 Sell Ratings: 34
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 83.00 Median: 128.04 Highest: 195.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
3M Analyst Opinions
- All
- Buy
- Hold
- Sell
| Date | Analyst | Rating | Price | |||
|---|---|---|---|---|---|---|
| 01/24/24 | Citigroup Corp. | Maintained Hold | $104 | neutral | ||
| 01/24/24 | Mizuho | Maintained Hold | $105 | neutral | ||
| 01/24/24 | RBC Capital Markets | Maintained Sell | $87 | schlecht | ||
| 01/24/24 | Wells Fargo & Co | Maintained Hold | $105 | neutral | ||
| 12/19/23 | Wells Fargo & Co | Maintained Hold | $112 | neutral | ||
| 12/04/23 | Barclays Capital | Upgraded to Hold | $107 | neutral | ||
| 10/25/23 | J.P. Morgan | Maintained Hold | $105 | neutral | ||
| 10/25/23 | RBC Capital Markets | Maintained Sell | $83 | schlecht | ||
| 10/25/23 | Citigroup Corp. | Maintained Hold | $97 | neutral | ||
| 10/25/23 | Barclays Capital | Maintained Sell | $98 | schlecht | ||
| 10/09/23 | Citigroup Corp. | Maintained Hold | $95 | neutral | ||
| 09/15/23 | HSBC | Maintained Sell | $109 | schlecht | ||
| 08/31/23 | Morgan Stanley | Upgraded to Hold | $113 | neutral | ||
| 08/29/23 | Mizuho | Maintained Hold | $120 | neutral | ||
| 08/29/23 | Wolfe Research | Upgraded to Hold | neutral | |||
| 07/26/23 | Morgan Stanley | Maintained Sell | $102 | schlecht | ||
| 07/26/23 | Citigroup Corp. | Maintained Hold | $111 | neutral | ||
| 07/26/23 | RBC Capital Markets | Maintained Sell | $100 | schlecht | ||
| 07/14/23 | Morgan Stanley | Maintained Sell | $100 | schlecht | ||
| 07/11/23 | D.A. Davidson & Co. | Maintained Buy | $159 | gut | ||
| 07/11/23 | Citigroup Corp. | Maintained Hold | $100 | neutral | ||
| 07/11/23 | Bank of America Merrill Lynch | Maintained Hold | $110 | neutral | ||
| 07/10/23 | Wells Fargo & Co | Maintained Hold | $100 | neutral | ||
| 07/10/23 | Barclays Capital | Maintained Sell | $93 | schlecht | ||
| 06/27/23 | Morgan Stanley | Maintained Sell | $100 | schlecht | ||
| 06/01/23 | UBS | Maintained Hold | $95 | neutral | ||
| 05/22/23 | RBC Capital Markets | Maintained Sell | $95 | schlecht | ||
| 04/26/23 | RBC Capital Markets | Maintained Sell | $95 | schlecht | ||
| 04/26/23 | Morgan Stanley | Maintained Sell | $102 | schlecht | ||
| 04/19/23 | Morgan Stanley | Maintained Sell | $103 | schlecht | ||
| 04/13/23 | Wells Fargo & Co | Maintained Hold | $110 | neutral | ||
| 04/06/23 | Barclays Capital | Maintained Sell | $103 | schlecht | ||
| 03/30/23 | RBC Capital Markets | Maintained Hold | $148 | neutral | ||
| 03/22/23 | Barclays Capital | Maintained Sell | $105 | schlecht | ||
| 01/26/23 | Mizuho | Maintained Hold | $120 | neutral | ||
| 01/25/23 | Wells Fargo & Co | Maintained Hold | $115 | neutral | ||
| 01/25/23 | Barclays Capital | Maintained Sell | $122 | schlecht | ||
| 01/19/23 | Wells Fargo & Co | Maintained Hold | $125 | neutral | ||
| 01/05/23 | Wells Fargo & Co | Maintained Hold | $123 | neutral | ||
| 12/09/22 | Citigroup Corp. | Maintained Hold | $126 | neutral | ||
| 10/26/22 | Mizuho | Maintained Hold | $130 | neutral | ||
| 10/26/22 | Morgan Stanley | Maintained Sell | $110 | schlecht | ||
| 10/26/22 | RBC Capital Markets | Maintained Sell | $113 | schlecht | ||
| 10/26/22 | Wells Fargo & Co | Maintained Hold | $122 | neutral | ||
| 10/13/22 | Deutsche Bank | Maintained Hold | $126 | neutral | ||
| 10/12/22 | Morgan Stanley | Maintained Sell | $108 | schlecht | ||
| 10/11/22 | Goldman Sachs | Maintained Hold | $129 | neutral | ||
| 10/03/22 | Barclays Capital | Maintained Sell | $130 | schlecht | ||
| 09/09/22 | UBS | Upgraded to Hold | $126 | neutral | ||
| 09/09/22 | Deutsche Bank | Maintained Hold | $127 | neutral |
3M Estimates* in USD
| 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|
| Revenue | 32,326 | 33,380 | 34,788 | 35,711 |
| Dividend | 6.26 | 6.54 | - | - |
| Dividend Yield (in %) | 6.52 % | 6.82 % | - | - |
| EPS | 9.86 | 10.51 | 10.93 | - |
| P/E Ratio | 9.73 | 9.13 | 8.78 | - |
| EBIT | 6,956 | 7,373 | 7,843 | - |
| EBITDA | 8,837 | 9,314 | 9,890 | - |
| Net Profit | 5,442 | 5,793 | 6,130 | - |
| Net Profit Adjusted | 5,464 | 5,824 | 6,130 | - |
| Pre-Tax Profit | 6,650 | 7,083 | 7,362 | - |
| Net Profit (Adjusted) | 6,581 | 7,154 | - | - |
| EPS (Non-GAAP) ex. SOE | 9.86 | 10.51 | 10.93 | - |
| EPS (GAAP) | 9.72 | 10.31 | 10.43 | - |
| Gross Income | 15,252 | 15,968 | 16,404 | 15,727 |
| Cash Flow from Investing | -1,476 | -1,473 | -1,642 | -1,786 |
| Cash Flow from Operations | 6,525 | 7,379 | 7,881 | - |
| Cash Flow from Financing | -3,678 | -3,778 | -3,844 | -1,500 |
| Cash Flow per Share | 11.97 | 14.03 | - | - |
| Free Cash Flow | 4,785 | 5,357 | 5,363 | - |
| Free Cash Flow per Share | 7.49 | 8.41 | 6.28 | - |
| Book Value per Share | 19.12 | 23.26 | - | - |
| Net Debt | 9,354 | 6,935 | 3,127 | - |
| Research & Development Exp. | 1,827 | 1,914 | 2,007 | 1,967 |
| Capital Expenditure | 1,687 | 1,725 | 1,618 | 1,786 |
| Selling, General & Admin. Exp. | 6,617 | 7,164 | 7,142 | - |
| Shareholder’s Equity | 9,625 | 11,823 | 11,091 | - |
| Total Assets | 49,553 | 51,333 | 53,397 | - |
| Previous Quarter ending 12/31/23 | Current Quarter ending 03/31/24 | Next Quarter ending 06/30/24 | Current Year ending 12/31/24 | Next Year ending 12/31/25 | |
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | 14 | 10 | 10 | 15 | 12 |
| Average Estimate | 2.309 USD | 2.203 USD | 2.447 USD | 9.862 USD | 10.507 USD |
| Year Ago | 2.280 USD | 1.970 USD | 2.170 USD | 9.240 USD | 9.862 USD |
| Publish Date | 1/23/2024 | 4/23/2024 | 7/23/2024 | - | - |
| Revenue Estimates | |||||
| No. of Analysts | 12 | 8 | 8 | 15 | 12 |
| Average Estimate | 7,694 USD | 7,898 USD | 8,157 USD | 32,326 USD | 33,380 USD |
| Year Ago | 8,100 USD | 7,700 USD | 7,993 USD | 31,392 USD | 32,326 USD |
| Publish Date | 1/23/2024 | 4/23/2024 | 7/23/2024 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
3M Insider Activity
| Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
|---|---|---|---|---|---|---|
| Fitterling James R | 12/21/2023 | 56.40 | 9,011.76 | 88.65 | Buy | No |
| Gibbons Peter D | 11/30/2023 | 1,470.00 | 3,557.30 | 99.85 | Sell | No |
| Gibbons Peter D | 11/30/2023 | 3,222.00 | 5,027.30 | 99.85 | Buy | No |
| Sweet Thomas W | 11/05/2023 | 999.01 | 999.01 | 93.86 | Buy | No |
| ESKEW MICHAEL L | 10/26/2023 | 493.51 | 60,397.14 | 88.65 | Buy | No |
| Fitterling James R | 10/26/2023 | 380.71 | 8,955.36 | 88.65 | Buy | No |
| Rhodes Kevin H | 10/03/2023 | 535.00 | 3,259.94 | 88.02 | Sell | No |
| Lavers Jeffrey R | 10/03/2023 | 570.00 | 10,845.33 | 88.02 | Sell | No |
| Ashish Khandpur K | 10/03/2023 | 441.00 | 21,526.77 | 88.02 | Sell | No |
| Banovetz John Patrick | 10/03/2023 | 145.00 | 19,972.23 | 88.02 | Sell | No |
| Rhodes Kevin H | 10/03/2023 | 535.00 | 3,794.94 | n/a | Buy | No |
| Ashish Khandpur K | 10/03/2023 | 441.00 | 21,967.77 | n/a | Buy | No |
| Banovetz John Patrick | 10/03/2023 | 145.00 | 20,117.23 | n/a | Buy | No |
| Lavers Jeffrey R | 10/03/2023 | 570.00 | 11,415.33 | n/a | Buy | No |
| Choi Audrey | 08/08/2023 | 1,328.95 | 1,328.95 | 104.12 | Buy | No |
| ESKEW MICHAEL L | 07/27/2023 | 393.47 | 59,082.16 | 111.19 | Buy | No |
| Fitterling James R | 07/27/2023 | 346.53 | 8,574.65 | 111.19 | Buy | No |
| Patolawala Monish D | 06/29/2023 | 2,742.00 | 16,807.04 | 100.09 | Sell | No |
| Lavers Jeffrey R | 06/29/2023 | 3,615.00 | 10,845.33 | 100.09 | Sell | No |
| Patolawala Monish D | 06/29/2023 | 6,013.00 | 19,549.04 | 100.09 | Buy | No |
| Lavers Jeffrey R | 06/29/2023 | 7,783.00 | 14,460.33 | 100.09 | Buy | No |
| Ashish Khandpur K | 05/17/2023 | 800.00 | 29,498.85 | 99.26 | Sell | No |
| Ashish Khandpur K | 05/17/2023 | 8,556.00 | 20,942.85 | 99.27 | Sell | No |
| Ashish Khandpur K | 05/17/2023 | 76.00 | 30,298.85 | 99.26 | Sell | No |
| BROWN THOMAS K | 05/08/2023 | 1,807.70 | 11,725.42 | 102.34 | Buy | No |
3M Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2022 | 3M Co. | 5.96 | 4.97 | USD |
| 2021 | 3M Co. | 5.92 | 3.33 | USD |
| 2020 | 3M Co. | 5.88 | 3.36 | USD |
| 2019 | 3M Co. | 5.76 | 3.26 | USD |
| 2018 | 3M Co. | 5.44 | 2.86 | USD |
| 2017 | 3M Co. | 4.70 | 2.00 | USD |
| 2016 | 3M Co. | 4.44 | 2.49 | USD |
| 2015 | 3M Co. | 4.10 | 2.61 | USD |
| 2015 | 3M Co. | 4.10 | 2.72 | USD |
| 2014 | 3M Co. | 3.42 | 2.08 | USD |
| 2013 | 3M Co. | 2.54 | 1.81 | USD |
| 2012 | 3M Co. | 2.36 | 2.54 | USD |
| 2011 | 3M Co. | 2.20 | 2.69 | USD |
| 2010 | 3M Co. | 2.10 | 2.43 | USD |
| 2009 | 3M Co. | 2.04 | 2.47 | USD |
| 2008 | 3M Co. | 2.00 | 3.48 | USD |
| 2007 | 3M Co. | 1.92 | 2.28 | USD |
| 2006 | 3M Co. | 1.84 | 2.36 | USD |
| 2005 | 3M Co. | 1.68 | 2.17 | USD |
| 2004 | 3M Co. | 1.44 | 1.75 | USD |
| 2003 | 3M Co. | 1.32 | 1.55 | USD |
| 2002 | 3M Co. | 1.24 | 2.01 | USD |
| 2001 | 3M Co. | 1.20 | 2.03 | USD |
| 2000 | 3M Co. | 1.16 | 1.93 | USD |
| 1999 | 3M Co. | 1.12 | - | USD |
*Yield of the Respective Date
3M Co. Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Earnings Report | 2.203 USD | Q1 2024 Earnings Release | 04/23/2024 |
| Earnings Report | 2.447 USD | Q2 2024 Earnings Release | 07/23/2024 |
| Earnings Report | - | Q3 2024 Earnings Release | 10/22/2024 |
| Earnings Report | - | Q4 2024 Earnings Release | 01/28/2025 |
3M Co. Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Earnings Report | 2.420 USD | Q4 2023 Earnings Release | 01/23/2024 |
| Earnings Report | 2.680 USD | Q3 2023 Earnings Release | 10/24/2023 |
3M Profile
3M Co. is a technology company, which manufactures industrial, safety, and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, Consumer, and Corporate and Unallocated. The Safety and Industrial segment consists of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation and Electronics segment includes electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems, inhalation and transdermal drug delivery systems, and food safety products. The Consumer segment covers consumer healthcare, home care, home improvement, and stationery and office products, such as consumer bandages, braces, supports, respirators, cleaning products, retail abrasives, picture hanging, and consumer air quality solutions. The Corporate and Unallocated segment refers to special items and other corporate expense-net.
Moody’s Daily Credit Risk Score
Risk
- Low
- Medium
- High
4
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.
3M Shareholder
| Owner | in % |
|---|---|
| Freefloat | 99.90 |
| Vanguard Group, Inc. (Subfiler) | 8.46 |
| State Street Corp. | 6.38 |
| Vanguard Total Stock Market ETF | 3.14 |
| BlackRock Fund Advisors | 2.53 |
| Vanguard 500 Index Fund | 2.44 |
| BlackRock Institutional Trust Co. NA | 2.20 |
| Charles Schwab Investment Management, Inc. | 2.18 |
| Geode Capital Management LLC | 1.92 |
| State Farm Investment Management Corp. | 1.62 |
| Schwab US Dividend Equity ETF | 1.57 |
| Newport Trust Co. | 1.50 |
| SPDR S&P 500 ETF Trust | 1.24 |
| Fidelity 500 Index Fund | 1.16 |
| Flossbach von Storch AG | 1.14 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
3M Management
| Name | Job |
|---|---|
| John Patrick Banovetz | CTO & EVP-Environmental Responsibility |
| Michael F. Roman | Chairman & Chief Executive Officer |
| Theresa E. Reinseth | Chief Accounting Officer, Senior VP & Controller |
| Zoe Dickson | Chief Human Resources Officer & Executive VP |
| Kevin H. Rhodes | Chief Legal Affairs Officer & Executive VP |
| Gayle Schueller | Chief Sustainability Officer & Vice President |
| Mark W. Murphy | Executive VP, Chief Information & Digital Officer |
| Karina Chavez | Group President-Consumer Business |
| Audrey Choi | Independent Director |
| Thomas W. Sweet | Independent Director |
| Thomas K. Brown | Independent Director |
| David B. Dillon | Independent Director |
| Suzan Kereere | Independent Director |
| Gregory R. Page | Independent Director |
| Anne H. Chow | Independent Director |
| Amy E. Hood | Independent Director |
| James R. Fitterling | Independent Director |
| Pedro J. Pizarro | Independent Director |
| Michael L. Eskew | Lead Independent Director |
| Monish Patolawala | President & Chief Financial Officer |
| Debarati Sen | President-Abrasive Systems |
| Peter D. Gibbons | President-Enterprise Operations |
| Michael M. Dai | Secretary, VP & Associate General Counsel |
| Michael A. Duran | Senior VP, Chief Ethics & Compliance Officer |
| Asraf Bhugaloo | Senior Vice President & General Auditor |
| Bruce Jermeland | Senior Vice President-Investor Relations |
| Ore Owodunni | Treasurer & Senior Vice President |
| Larry Lynott | Vice President |
| Laurie Altman | Vice President-Marketing & Sales Operations |
I am an expert and enthusiast assistant. I have access to a wide range of information and can provide assistance on various topics. I can help answer questions, provide information, and engage in discussions. If you have any specific questions or topics you'd like to discuss, feel free to let me know!
Regarding the information you provided about 3M, I can see that it includes news articles, stock market data, analyst opinions, insider activity, dividend information, and company profile details. I can provide information related to these concepts. Let's dive into each of them:
3M News
The news articles you mentioned are from various sources like InvestorPlace, TipRanks, and Benzinga. These articles likely discuss recent developments, earnings reports, stock performance, and expert opinions related to 3M. To provide specific information from these articles, it would be helpful if you could provide the specific questions or topics you'd like to know more about.
Stock Market Data
The information you provided includes historical prices, analyst data, analyst opinions, estimates, and past events related to 3M. This data can be useful for investors and analysts to assess the company's performance, financial outlook, and stock valuation. If you have any specific questions about the stock market data or if there's a particular aspect you'd like to explore, please let me know.
Insider Activity
Insider activity refers to the buying and selling of company shares by individuals who have access to non-public information about the company. The information you provided includes the names of insiders, the dates of their trades, the number of shares traded, and the price at which the trades were executed. Insider activity can provide insights into the sentiment and confidence of company insiders. If you have any specific questions about the insider activity or if there's a particular aspect you'd like to explore, please let me know.
Dividend Information
The dividend information you provided includes the dividend calendar, past dividends, and dividend yield for 3M. Dividends are payments made by a company to its shareholders as a distribution of profits. The dividend calendar shows the dates on which dividends are expected to be paid. The past dividends and dividend yield provide historical information about the company's dividend payments and the yield (dividend as a percentage of the stock price). If you have any specific questions about dividends or if there's a particular aspect you'd like to explore, please let me know.
Company Profile
The company profile details you provided describe 3M as a technology company that manufactures industrial, safety, and consumer products. The profile mentions the different segments in which 3M operates, such as Safety and Industrial, Transportation and Electronics, Health Care, Consumer, and Corporate and Unallocated. Each segment represents a different area of the company's business. If you have any specific questions about 3M's business segments or if there's a particular aspect you'd like to explore, please let me know.
I hope this gives you an overview of the concepts mentioned in the information you provided. If you have any specific questions or if there's a particular aspect you'd like to explore further, please let me know!
