A number of firms have modified their ratings and price targets on shares of 3M (NYSE: MMM) recently:
- 11/5/2026 – 3M had its price target raised by The Goldman Sachs Group from $200.00 to $225.00. They now have a “buy” rating on the stock.
- 11/4/2026 – 3M was given a new $230.00 price target by UBS Group.
- 11/4/2026 – 3M is now covered by Argus. They set a “strong-buy” rating on the stock.
- 11/4/2026 – 3M had its price target raised by JPMorgan Chase & Co. from $191.00 to $210.00. They now have an “overweight” rating on the stock.
- 10/23/2026 – 3M was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/22/2026 – 3M was upgraded by HSBC to “strong-buy”.
- 10/21/2026 – 3M had its “buy” rating reaffirmed by UBS Group.
- 10/21/2026 – 3M had its “hold” rating reaffirmed by Deutsche Bank.
- 10/21/2026 – 3M had its price target raised by Sanford C. Bernstein from $171.00 to $197.00. They now have a “market perform” rating on the stock.
- 10/21/2026 – 3M had its price target raised by Sanford C. Bernstein from $171.00 to $197.00. They now have a “market perform” rating on the stock.
- 10/21/2026 – 3M had its price target raised by Citigroup from $183.00 to $188.00. They now have a “neutral” rating on the stock.
- 10/21/2026 – 3M had its “hold” rating reaffirmed by Jefferies Financial Group. They now have a $186.00 price target on the stock.
- 10/21/2026 – 3M had its “market perform” rating reaffirmed by Raymond James Financial.
- 10/21/2026 – 3M had its price target raised by JPMorgan Chase & Co. from $185.00 to $191.00. They now have an “overweight” rating on the stock.
- 10/21/2026 – 3M had its price target raised by Royal Bank Of Canada from $132.00 to $135.00. They now have an “underperform” rating on the stock.
- 10/9/2026 – 3M had its price target lowered by JPMorgan Chase & Co. from $205.00 to $185.00. They now have an “overweight” rating on the stock.
- 10/8/2026 – 3M was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 9/30/2026 – 3M had its price target raised by Deutsche Bank from $192.00 to $194.00. They now have a “hold” rating on the stock.
- 9/25/2026 – 3M was upgraded by Sanford C. Bernstein from “underperform” to “market perform”. They now have a $171.00 price target on the stock, up from $145.00.
- 9/24/2026 – 3M is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $195.00 price target on the stock.
- 9/24/2026 – 3M was upgraded by Wells Fargo & Company to “hold”.
3M Trading Down 0.3%
Shares of MMM stock traded down $0.57 during mid-day trading on Wednesday, reaching $188.80. 2,158,070 shares of the stock traded hands, compared to its average volume of 3,707,943. The company has a market cap of $97.56 billion, a price-to-earnings ratio of 28.14, a price-to-earnings-growth ratio of 2.46 and a beta of 1.01. The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 3.01. The stock’s fifty day simple moving average is $169.98 and its two-hundred day simple moving average is $162.23. 3M Company has a 1-year low of $139.34 and a 1-year high of $196.90.
3M (NYSE:MMM – Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The conglomerate reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.38 by $0.12. The firm had revenue of $6.60 billion during the quarter, compared to the consensus estimate of $6.61 billion. 3M had a net margin of 14.01% and a return on equity of 123.11%. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.19 earnings per share. On average, research analysts anticipate that 3M Company will post 9.14 EPS for the current fiscal year.
3M Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Friday, November 13th will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, November 13th. 3M’s dividend payout ratio is currently 46.50%.
3M is a diversified science and manufacturing company that develops products for businesses and consumers. Its offerings include workplace safety equipment, adhesives and abrasives, filtration materials, automotive and electronics components, and home and office products such as Post-it Notes and Scotch brand tapes. Founded in 1902 as the Minnesota Mining and Manufacturing Company, 3M began as a mining venture before expanding into materials science and industrial manufacturing. The company adopted the name 3M in 2002 and is headquartered in St. Paul, Minnesota.
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