Analysts’ Recent Ratings Updates for 3M (MMM)

Several analysts have recently updated their ratings and price targets for 3M (NYSE: MMM):

• 4/14/2025 – 3M had its price target lowered by analysts at Citigroup Inc. from $152.00 to $142.00. They now have a “neutral” rating on the stock.
• 4/10/2025 – 3M had its price target lowered by analysts at Barclays PLC from $165.00 to $160.00. They now have an “overweight” rating on the stock.
• 4/8/2025 – 3M had its price target lowered by analysts at JPMorgan Chase & Co. from $165.00 to $140.00. They now have an “overweight” rating on the stock.
• 4/8/2025 – 3M had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 3/22/2025 – 3M had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 3/7/2025 – 3M had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 3/6/2025 – 3M had its price target raised by analysts at Bank of America Co. from $175.00 to $179.00. They now have a “buy” rating on the stock.
• 2/27/2025 – 3M had its “underperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $96.00 price target on the stock.
• 2/19/2025 – 3M had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.

3M Trading Up 0.0 %

NYSE MMM traded up $0.06 on Monday, reaching $136.01. The stock had a trading volume of 3,815,781 shares, compared to its average volume of 4,134,798. 3M has a 12-month low of $90.17 and a 12-month high of $156.35. The stock has a fifty day moving average price of $146.37 and a two-hundred day moving average price of $138.39. The firm has a market capitalization of $73.35 billion, a price-to-earnings ratio of 18.01, a P/E/G ratio of 3.30 and a beta of 1.01. The company has a quick ratio of 1.08, a current ratio of 1.41 and a debt-to-equity ratio of 2.86.

3M (NYSE:MMM) last issued its earnings results on Tuesday, January 21st. The conglomerate reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.02. 3M had a net margin of 15.71% and a return on equity of 100.77%. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.77 billion. During the same quarter in the previous year, the firm earned $2.42 earnings per share. The business’s quarterly revenue was down 25.0% compared to the same quarter last year. As a group, sell-side analysts forecast that 3M will post 7.8 EPS for the current fiscal year.

3M Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 14th were paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Friday, February 14th. This is a positive change from 3M’s previous quarterly dividend of $0.70. 3M’s dividend payout ratio (DPR) is 38.68%.

Insider Buying and Selling

In other news, EVP Victoria Clarke sold 1,750 shares of the stock in a transaction on Friday, January 31st. The stock was sold at an average price of $154.22, for a total value of $269,885.00. Following the completion of the transaction, the executive vice president now owns 194 shares of the company’s stock, valued at approximately $29,918.68. This represents a 90.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Michael F. Roman sold 49,598 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of $152.30, for a total transaction of $7,553,775.40. Following the completion of the sale, the chairman now owns 180,895 shares in the company, valued at $27,550,308.50. The trade was a 21.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 113,639 shares of company stock worth $17,163,446. Corporate insiders own 0.34% of the company’s stock.

Institutional Investors Weigh In On 3M

Several hedge funds have recently made changes to their positions in the stock. Financial Life Planners bought a new position in shares of 3M during the fourth quarter valued at $25,000. REAP Financial Group LLC grew its position in 3M by 88.7% during the 4th quarter. REAP Financial Group LLC now owns 200 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 94 shares during the last quarter. Curat Global LLC acquired a new position in 3M in the first quarter worth $29,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of 3M in the fourth quarter valued at $27,000. Finally, Pinney & Scofield Inc. bought a new position in shares of 3M in the fourth quarter worth about $28,000. Institutional investors own 65.25% of the company’s stock.

3M Company provides diversified technology services in the United States and internationally. The company’s Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles.