FSA Advisors Inc. Purchases Shares of 10,152 3M Company $MMM

Key Points

• FSA Advisors Inc. bought a new stake of 10,152 shares in 3M during Q4, valued at about $1.625 million per its latest 13F filing.
• 3M beat quarterly EPS with $2.14 vs. $1.98 expected, set FY2026 guidance of 8.50–8.70 EPS, while quarterly revenue was roughly $6.0 billion.
• Dividend raised: 3M increased its quarterly payout to $0.78 (from $0.73), an annualized $3.12 dividend representing about a 2.2% yield.

FSA Advisors Inc. purchased a new stake in 3M Company (NYSE:MMM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,152 shares of the conglomerate's stock, valued at approximately $1,625,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. J.Safra Asset Management Corp bought a new position in 3M during the third quarter worth $34,000. Westside Investment Management Inc. raised its stake in 3M by 77.4% during the third quarter. Westside Investment Management Inc. now owns 243 shares of the conglomerate's stock worth $38,000 after buying an additional 106 shares during the last quarter. EQ Wealth Advisors LLC bought a new position in 3M during the fourth quarter worth $40,000. Cloud Capital Management LLC bought a new position in 3M during the third quarter worth $50,000. Finally, Collier Financial bought a new position in 3M during the third quarter worth $52,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other 3M news, CAO Theresa E. Reinseth sold 5,145 shares of the firm's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $172.75, for a total value of $888,798.75. Following the completion of the sale, the chief accounting officer directly owned 2,585 shares in the company, valued at approximately $446,558.75. This trade represents a 66.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.19% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on MMM shares. Wolfe Research lowered their target price on shares of 3M from $205.00 to $186.00 and set an "outperform" rating for the company in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of 3M from $181.00 to $171.00 and set a "hold" rating for the company in a research note on Wednesday, April 22nd. Royal Bank Of Canada lowered their target price on shares of 3M from $134.00 to $133.00 and set an "underperform" rating for the company in a research note on Wednesday, April 22nd. Citigroup lowered their target price on shares of 3M from $175.00 to $166.00 and set a "neutral" rating for the company in a research note on Monday, April 13th. Finally, Barclays lowered their target price on shares of 3M from $190.00 to $185.00 and set an "overweight" rating for the company in a research note on Wednesday, April 1st. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, 3M presently has a consensus rating of "Hold" and an average target price of $171.17.

3M Trading Up 0.1%

NYSE:MMM opened at $142.63 on Monday. The company has a current ratio of 1.59, a quick ratio of 1.19 and a debt-to-equity ratio of 3.29. The stock has a market capitalization of $74.39 billion, a price-to-earnings ratio of 27.48, a PEG ratio of 2.06 and a beta of 1.03. The firm has a fifty day simple moving average of $150.90 and a two-hundred day simple moving average of $159.94. 3M Company has a 12 month low of $137.63 and a 12 month high of $177.41.

3M (NYSE:MMM - Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The conglomerate reported $2.14 EPS for the quarter, topping analysts' consensus estimates of $1.98 by $0.16. The business had revenue of $6 billion during the quarter, compared to analysts' expectations of $6.04 billion. 3M had a net margin of 11.14% and a return on equity of 104.75%. The business's quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the company posted $1.88 earnings per share. 3M has set its FY 2026 guidance at 8.500-8.700 EPS. Analysts expect that 3M Company will post 8.7 EPS for the current fiscal year.

3M Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Friday, February 13th were issued a $0.78 dividend. The ex-dividend date was Friday, February 13th. This is a positive change from 3M's previous quarterly dividend of $0.73. This represents a $3.12 dividend on an annualized basis and a yield of 2.2%. 3M's dividend payout ratio is 60.12%.

3M Profile

3M Company, originally founded in 1902 as the Minnesota Mining and Manufacturing Company, is a diversified global technology and manufacturing firm headquartered in St. Paul, Minnesota. Over its history the company has expanded from mineral mining into a broad portfolio of industrial, safety, healthcare and consumer products, building a reputation for applied science and product innovation across many end markets.

3M's businesses span a wide range of product categories including adhesives and tapes, abrasives, filtration and separation technologies, personal protective equipment such as respirators, medical and dental products, industrial and automotive solutions, and a suite of consumer brands (for example, well-known office and home products).

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