About 3M Company
3M Company is a technology company. The Company operates through five segments. Its Industrial segment serves markets, such as automotive original equipment manufacturer and automotive aftermarket, electronics, appliance, paper and printing, packaging, food and beverage, and construction. Its Safety and Graphics segment serves markets for the safety, security and productivity of people, facilities and systems. Its Health Care segment serves markets that include medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, and food manufacturing and testing. Its Electronics and Energy segment serves customers in electronics and energy markets, including solutions for electronic devices; electrical products; telecommunications networks, and power generation and distribution. Its Consumer segment serves markets that include consumer retail, office business to business, home improvement, drug and pharmacy retail, and other markets.
Industry, Sector and Symbol:
- Sector: Multi-Sector Conglomerates
- Industry: Diversified Machinery
- Sub-Industry: Industrial Conglomerates
- Exchange: NYSE
- Symbol: MMM
- CUSIP: 88579Y10
- Previous Close: $183.37
- 50 Day Moving Average: $177.83
- 200 Day Moving Average: $175.66
- 52-Week Range: $153.64 - $183.62
- Trailing P/E Ratio: 22.47
- Foreward P/E Ratio: 19.55
- P/E Growth: 2.38
- Market Cap: $109.33B
- Outstanding Shares: 596,200,000
- Beta: 1.04
- Net Margins: 16.77%
- Return on Equity: 43.82%
- Return on Assets: 15.17%
Companies Related to 3M Company:
- Debt-to-Equity Ratio: 1.03%
- Current Ratio: 1.89%
- Quick Ratio: 1.34%
What is 3M Company's stock symbol?
3M Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMM."
How often does 3M Company pay dividends? What is the dividend yield for 3M Company?
3M Company announced a quarterly dividend on Tuesday, February 7th. Investors of record on Friday, February 17th will be given a dividend of $1.175 per share on Sunday, March 12th. This represents a $4.70 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date is Wednesday, February 15th. This is an increase from 3M Company's previous quarterly dividend of $1.11.
Where is 3M Company's stock going? Where will 3M Company's stock price be in 2017?
11 equities research analysts have issued 12-month price targets for 3M Company's shares. Their predictions range from $159.00 to $204.00. On average, they expect 3M Company's share price to reach $181.00 in the next year.
When will 3M Company announce their earnings?
3M Company is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.
What are analysts saying about 3M Company stock?
Here are some recent quotes from research analysts about 3M Company stock:
According to Zacks Investment Research, "Post 3Q earnings, 3M has underperformed the Zacks categorized Diversified Operations industry with an average return of 3.8% compared with 7.4% for the latter. 3M is facing increased pension expenses as its workforce begins to retire. Adverse foreign currency translations are also likely to affect the company’s ability to realize projected growth rates in its sales and earnings. In addition, the company is susceptible to high commodity price risks. Earnings estimates for the current quarter are down over the past 60 days although the company has a positive earnings history in the trailing four quarters. 3M is restructuring its portfolio to revive its growth momentum. During 2016–2020, 3M expects 8–11% growth in earnings per share driven by an organic sales growth of 2–5%. 3M is also standardizing its business processes through a new, global ERP system and expects $500 to $700 million in annual operational savings by 2020." (11/29/2016)
Morgan Stanley analysts commented, "We will be publishing individual company Prep Packs over the next two weeks to help you prepare for the upcoming conference and NDR season. These will then be collated into a standard Prep Pack as normal by Labor Day. For 3M, the key questions on our mind are: 3M Co. ( MMM.N, MMM US ) Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of Morgan Stanley Research." (8/23/2016)
Who owns 3M Company stock?
3M Company's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (0.24%), New York State Teachers Retirement System (0.18%), Russell Investments Group Ltd. (0.15%), Coho Partners Ltd. (0.09%), Prudential PLC (0.09%) and Baird Financial Group Inc. (0.04%). Company insiders that own 3M Company stock include Eric D Hammes, Gregory R Page, Hak Cheol Shin, Ian F Hardgrove, Inge G Thulin, James L Bauman, Jesse G Singh, Joaquin Delgado, Jon T Lindekugel, Julie L Bushman, Khandpur K Ashish, Marlene Mary Mcgrath, Michael F Roman, Michael G Vale, Nicholas C Gangestad and Paul A Keel.
Who sold 3M Company stock? Who is selling 3M Company stock?
3M Company's stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Coho Partners Ltd., New York State Teachers Retirement System, Martingale Asset Management L P, Davy Asset Management Ltd, Silvercrest Asset Management Group LLC, Twin Capital Management Inc. and Cleararc Capital Inc.. Company insiders that have sold 3M Company stock in the last year include Eric D Hammes, Hak Cheol Shin, Inge G Thulin, James L Bauman, Jesse G Singh, Joaquin Delgado, Julie L Bushman, Khandpur K Ashish, Michael F Roman, Nicholas C Gangestad and Paul A Keel.
Who bought 3M Company stock? Who is buying 3M Company stock?
3M Company's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Massmutual Trust Co. FSB ADV, Hall Laurie J Trustee, Headinvest LLC, L & S Advisors Inc, Dimensional Fund Advisors LP, Prudential PLC and Congress Asset Management Co. MA.
How do I buy 3M Company stock?
Shares of 3M Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of 3M Company stock cost?
One share of 3M Company stock can currently be purchased for approximately $183.37.