3M Company Company Profile (NYSE:MMM)

About 3M Company (NYSE:MMM)

3M Company logo3M Company is a technology company. It operates through five segments. The Industrial segment serves a range of markets, such as automotive original equipment manufacturer and automotive aftermarket, electronics, appliance, paper and printing, packaging, food and beverage, and construction. The Safety and Graphics segment serves a range of markets for the safety, security and productivity of people, facilities and systems. The Health Care segment serves markets that include medical clinics and hospitals, pharmaceuticals, health information systems, and food manufacturing and testing. The Electronics and Energy segment serves customers in electronics and energy markets, including solutions for the performance of electronic devices; electrical products, including infrastructure protection, and power generation and distribution. The 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: Industrial Conglomerates
  • Sub-Industry: Industrial Conglomerates
  • Symbol: NYSE:MMM
  • CUSIP: 88579Y10
  • Web: www.3m.com
  • Market Cap: $132.07648 billion
  • Outstanding Shares: 596,767,000
Average Prices:
  • 50 Day Moving Avg: $212.49
  • 200 Day Moving Avg: $205.18
  • 52 Week Range: $163.85 - $221.32
  • Trailing P/E Ratio: 25.24
  • Foreward P/E Ratio: 23.42
  • P/E Growth: 2.61
Sales & Book Value:
  • Annual Revenue: $30.53 billion
  • Price / Sales: 4.33
  • Book Value: $19.42 per share
  • Price / Book: 11.40
  • Annual Dividend: $4.70
  • Dividend Yield: 2.1%
  • EBITDA: $8.53 billion
  • Net Margins: 17.65%
  • Return on Equity: 47.83%
  • Return on Assets: 16.07%
  • Debt-to-Equity Ratio: 0.95%
  • Current Ratio: 2.22%
  • Quick Ratio: 1.55%
  • Average Volume: 1.74 million shs.
  • Beta: 1.09
  • Short Ratio: 1.7

Frequently Asked Questions for 3M Company (NYSE:MMM)

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, August 15th. Stockholders of record on Friday, August 25th will be given a dividend of $1.175 per share on Tuesday, September 12th. This represents a $4.70 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Wednesday, August 23rd. View 3M Company's Dividend History.

How were 3M Company's earnings last quarter?

3M Company (NYSE:MMM) announced its earnings results on Tuesday, July, 25th. The company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.59 by $0.01. The firm had revenue of $7.81 billion for the quarter, compared to analysts' expectations of $7.86 billion. 3M Company had a return on equity of 47.83% and a net margin of 17.65%. The company's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.08 EPS. View 3M Company's Earnings History.

When will 3M Company make its next earnings announcement?

3M Company is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for 3M Company.

What guidance has 3M Company issued on next quarter's earnings?

3M Company issued an update on its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $8.80-9.05 for the period, compared to the Thomson Reuters consensus estimate of $8.98.

Where is 3M Company's stock going? Where will 3M Company's stock price be in 2017?

12 equities research analysts have issued 1 year price targets for 3M Company's shares. Their predictions range from $159.00 to $250.00. On average, they anticipate 3M Company's share price to reach $212.50 in the next year. View Analyst Ratings for 3M Company.

What are analysts saying about 3M Company stock?

Here are some recent quotes from research analysts about 3M Company stock:

  • 1. According to Zacks Investment Research, "Given its international presence, adverse foreign currency translations are likely to affect 3M’s ability to realize projected growth rates in sales and earnings. Fluctuations in foreign currency exchange rates affect net investment in foreign subsidiaries and may cause instability in cash flows related to foreign denominated transactions. Sustained strength in the U.S. dollar will further continue to negatively impact earnings, as exports consume a significant part of the company’s operations. Increased pension expenses also remain a significant headwind for 3M and erode its profitability. In addition, the company is susceptible to commodity price headwinds. Moreover, intense competitive pressure reduces its profitability to some extent. However, 3M is standardizing its business processes through a new, global ERP system for significant operational savings. 3M also outperformed the industry year to date." (10/3/2017)
  • 2. UBS AG analysts commented, "3M guided to 1-3% organic growth in 2017 based on global industrial production growth of 1-2%, an assumption that we think was set cautiously given the muted industrial environment of recent years. But in 4Q16 3M's Industrial segment bounced back after four quarters of organic declines, growing 4.6% organically (3.1% excluding Body Armor contract) vs. an assumption of 1-3% in 2017 guidance. Overall, 3M managed to grow 1.6% organically despite drags from Health Care and Consumer that the company feels confident are temporary. Health Care grew 1.3% organically (vs. normal MSD) with oral care still in a soft patch while Consumer saw an unusual 1% organic decline (vs. recent steady growth of 2.5-3%) due to late quarter channel inventory corrections in retail. Had Healthcare and Consumer had more normal growth quarters, we estimate organic growth would have been 3%+" (1/25/2017)

Who are some of 3M Company's key competitors?

Who are 3M Company's key executives?

3M Company's management team includes the folowing people:

  • Inge G. Thulin, Chairman of the Board, President, Chief Executive Officer
  • Hak Cheol Shin, Vice Chairman of the Board, Executive Vice President
  • Nicholas C. Gangestad, Chief Financial Officer, Senior Vice President
  • Michael F. Roman, Chief Operating Officer, Executive Vice President
  • James L. Bauman, Executive Vice President, Industrial Business Group.
  • Julie L. Bushman, Executive Vice President, International Operations.
  • Joaquin Delgado, Executive Vice President - Consumer Business Group
  • Ashish K. Khandpur, Executive Vice President, Electronics & Energy Business Group.
  • Frank R. Little, Executive Vice President - Safety and Graphics Business Group
  • Michael G. Vale, Executive Vice President - Health Care Business Group

Who owns 3M Company stock?

3M Company's stock is owned by a number of of institutional and retail investors. Top institutional investors include Focused Investors LLC (0.06%), Park National Corp OH (0.03%), Harvey Investment Co. LLC (0.02%), Murphy Capital Management Inc. (0.01%), Farmers & Merchants Investments Inc. (0.01%) and Baltimore Washington Financial Advisors Inc. (0.01%). Company insiders that own 3M Company stock include Eric D Hammes, Frank R Jr Little, 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, Kimberly F Price, Marlene Mary Mcgrath, Michael F Roman, Michael G Vale, Nicholas C Gangestad and Paul A Keel. View Institutional Ownership Trends for 3M Company.

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 Bridges Investment Counsel Inc., Focused Investors LLC, Private Asset Management Inc., Foster & Motley Inc., Farmers & Merchants Investments Inc., Harvey Investment Co. LLC, Monarch Capital Management Inc. and First Financial Bank Trust Division. Company insiders that have sold 3M Company stock in the last year include Eric D Hammes, Frank R Jr Little, Hak Cheol Shin, Inge G Thulin, James L Bauman, Jon T Lindekugel, Julie L Bushman, Kimberly F Price, Marlene Mary Mcgrath, Michael F Roman, Nicholas C Gangestad and Paul A Keel. View Insider Buying and Selling for 3M Company.

Who bought 3M Company stock? Who is buying 3M Company stock?

3M Company's stock was bought by a variety of institutional investors in the last quarter, including Curbstone Financial Management Corp, Moloney Securities Asset Management LLC, Oakbrook Investments LLC, Park National Corp OH, Baltimore Washington Financial Advisors Inc., Eqis Capital Management Inc. and Tompkins Financial Corp. View Insider Buying and Selling for 3M Company.

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.

What is 3M Company's stock price today?

One share of 3M Company stock can currently be purchased for approximately $221.32.

MarketBeat Community Rating for 3M Company (NYSE MMM)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  342 (Vote Outperform)
Underperform Votes:  573 (Vote Underperform)
Total Votes:  915
MarketBeat's community ratings are surveys of what our community members think about 3M Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for 3M Company (NYSE:MMM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $212.50 (3.99% downside)
Consensus Price Target History for 3M Company (NYSE:MMM)
Price Target History for 3M Company (NYSE:MMM)
Analysts' Ratings History for 3M Company (NYSE:MMM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017Royal Bank Of CanadaReiterated RatingHold$205.00N/AView Rating Details
10/11/2017Credit Suisse GroupReiterated RatingOutperform$229.00 -> $237.00N/AView Rating Details
10/9/2017Citigroup Inc.Reiterated RatingBuy$228.00 -> $250.00N/AView Rating Details
10/2/2017Morgan StanleyBoost Price TargetUnderweight -> Underweight$190.00 -> $201.00LowView Rating Details
9/20/2017J P Morgan Chase & CoDowngradeNeutral -> Underweight$185.00 -> $201.00LowView Rating Details
9/14/2017Bank of America CorporationReiterated RatingBuy$227.00MediumView Rating Details
8/16/2017Jefferies Group LLCReiterated RatingBuy$234.00LowView Rating Details
7/28/2017Stifel NicolausReiterated RatingHold$210.00LowView Rating Details
7/26/2017William BlairReiterated RatingOutperformLowView Rating Details
4/27/2017Barclays PLCReiterated RatingBuyLowView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingMarket PerformN/AView Rating Details
11/21/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$172.96 -> $159.00N/AView Rating Details
8/25/2016Deutsche Bank AGReiterated RatingHold$164.00N/AView Rating Details
2/1/2016Hilliard LyonsInitiated CoverageNeutralN/AView Rating Details
(Data available from 10/22/2015 forward)


Earnings History for 3M Company (NYSE:MMM)
Earnings by Quarter for 3M Company (NYSE:MMM)
Earnings History by Quarter for 3M Company (NYSE MMM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$2.26N/AView Earnings Details
7/25/2017Q2 2017$2.59$2.58$7.86 billion$7.81 billionViewN/AView Earnings Details
4/25/2017Q1 2017$2.07$2.16$7.48 billion$7.69 billionViewN/AView Earnings Details
1/24/2017Q416$1.87$1.88$7.35 billion$7.33 billionViewN/AView Earnings Details
10/25/2016Q316$2.14$2.15$7.72 billion$7.70 billionViewListenView Earnings Details
7/26/2016Q216$2.07$2.08$7.73 billion$7.70 billionViewListenView Earnings Details
4/26/2016Q116$1.92$2.05$7.33 billion$7.41 billionViewListenView Earnings Details
1/26/2016Q415$1.63$1.66$7.21 billion$7.30 billionViewListenView Earnings Details
10/22/2015Q315$2.01$2.05$7.85 billion$7.71 billionViewListenView Earnings Details
7/23/2015Q215$2.00$2.02$7.85 billion$7.70 billionViewListenView Earnings Details
4/23/2015Q115$1.93$1.85$7.85 billion$7.60 billionViewN/AView Earnings Details
1/27/2015Q414$1.80$1.81$7.77 billion$7.72 billionViewN/AView Earnings Details
10/23/2014Q314$1.96$1.98$8.24 billion$8.14 billionViewListenView Earnings Details
7/24/2014Q214$1.91$1.91$8.09 billion$8.13 billionViewN/AView Earnings Details
4/24/2014Q114$1.80$1.79$7.96 billion$7.80 billionViewN/AView Earnings Details
1/31/2014Q413$1.61$1.62$7.70 billion$7.60 billionViewN/AView Earnings Details
10/24/2013Q313$1.75$1.78$7.85 billion$7.92 billionViewN/AView Earnings Details
7/25/2013Q2 2013$1.71$1.71$7.77 billion$7.75 billionViewListenView Earnings Details
4/25/2013Q1 2013$1.65$1.61$7.81 billion$7.60 billionViewListenView Earnings Details
1/24/2013Q4 2012$1.41$1.41$7.18 billion$7.39 billionViewListenView Earnings Details
10/23/2012$1.65$1.65ViewN/AView Earnings Details
7/26/2012$1.65$1.66ViewN/AView Earnings Details
4/24/2012$1.48$1.59ViewN/AView Earnings Details
1/26/2012$1.31$1.35ViewN/AView Earnings Details
10/25/2011$1.61$1.52ViewN/AView Earnings Details
7/26/2011$1.59$1.60ViewN/AView Earnings Details
4/26/2011$1.44$1.49ViewN/AView Earnings Details
1/25/2011$1.27$1.28ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for 3M Company (NYSE:MMM)
2017 EPS Consensus Estimate: $8.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$2.04$2.09$2.07
Q2 20172$2.16$2.56$2.36
Q3 20172$2.09$2.18$2.14
Q4 20172$2.02$2.06$2.04
(Data provided by Zacks Investment Research)


Current Dividend Information for 3M Company (NYSE:MMM)
Most Recent Dividend:9/12/2017
Annual Dividend:$4.70
Dividend Yield:2.12%
Dividend Growth:20.50% (3 Year Average)
Payout Ratio:53.59% (Trailing 12 Months of Earnings)
52.51% (Based on This Year's Estimates)
49.74% (Based on Next Year's Estimates)
Track Record:58 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for 3M Company (NYSE:MMM)

Dividend History by Quarter for 3M Company (NYSE MMM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for 3M Company (NYSE:MMM)
Insider Ownership Percentage: 0.58%
Institutional Ownership Percentage: 66.18%
Insider Trades by Quarter for 3M Company (NYSE:MMM)
Institutional Ownership by Quarter for 3M Company (NYSE:MMM)
Insider Trades by Quarter for 3M Company (NYSE:MMM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/17/2017Eric D HammesVPSell1,428$206.66$295,110.48View SEC Filing  
8/17/2017Frank R Jr. LittleInsiderSell2,719$206.03$560,195.57View SEC Filing  
8/11/2017Paul A KeelInsiderSell4,965$206.16$1,023,584.40View SEC Filing  
5/18/2017Marlene Mary McgrathVPSell14,766$194.88$2,877,598.08View SEC Filing  
5/11/2017James L BaumanInsiderSell14,616$195.81$2,861,958.96View SEC Filing  
5/4/2017Kimberly F PriceInsiderSell3,016$198.11$597,499.76View SEC Filing  
5/3/2017Jon T LindekugelInsiderSell1,300$197.22$256,386.00View SEC Filing  
2/13/2017Nicholas C GangestadCFOSell2,888$181.31$523,623.28View SEC Filing  
2/13/2017Paul A KeelInsiderSell8,440$181.24$1,529,665.60View SEC Filing  
2/9/2017Inge G ThulinChairmanSell7,929$177.61$1,408,269.69View SEC Filing  
2/8/2017Hak Cheol ShinInsiderSell47,528$176.85$8,405,326.80View SEC Filing  
12/13/2016Michael F RomanInsiderSell4,036$180.00$726,480.00View SEC Filing  
12/7/2016Eric D HammesVPSell436$174.00$75,864.00View SEC Filing  
11/17/2016Julie L BushmanInsiderSell10,424$173.02$1,803,560.48View SEC Filing  
11/14/2016Eric D. HammesVPSell504$173.69$87,539.76View SEC Filing  
11/4/2016Julie L BushmanInsiderSell10,771$166.71$1,795,633.41View SEC Filing  
8/1/2016James L BaumanInsiderSell9,066$178.42$1,617,555.72View SEC Filing  
7/29/2016Khandpur K AshishVPSell1,679$178.39$299,516.81View SEC Filing  
7/29/2016Paul A KeelInsiderSell3,180$178.39$567,280.20View SEC Filing  
5/12/2016Jesse G SinghSVPSell10,606$169.91$1,802,065.46View SEC Filing  
5/11/2016Inge G ThulinCEOSell13,947$169.93$2,370,013.71View SEC Filing  
5/4/2016Joaquin DelgadoEVPSell17,996$166.81$3,001,912.76View SEC Filing  
5/4/2016Nicholas C GangestadCFOSell2,612$166.52$434,950.24View SEC Filing  
5/2/2016Jesse G SinghSVPSell19,352$167.91$3,249,394.32View SEC Filing  
4/19/2016Michael F RomanEVPSell1,500$170.00$255,000.00View SEC Filing  
2/19/2016Gregory R PageDirectorBuy1,000$156.63$156,630.00View SEC Filing  
2/18/2016Julie L. BushmanSVPSell12,068$156.64$1,890,331.52View SEC Filing  
2/16/2016Hak Cheol ShinEVPSell35,441$154.84$5,487,684.44View SEC Filing  
2/16/2016Jon T. LindekugelSVPSell1,199$155.63$186,600.37View SEC Filing  
2/16/2016Khandpur K. AshishVPSell2,735$154.89$423,624.15View SEC Filing  
2/10/2016Michael G. ValeEVPSell2,728$154.80$422,294.40View SEC Filing  
11/5/2015Marlene Mary McgrathVPSell9,126$159.26$1,453,406.76View SEC Filing  
10/30/2015Joaquin DelgadoEVPSell11,370$158.29$1,799,757.30View SEC Filing  
10/28/2015Ian F. HardgroveVPSell2,000$157.66$315,320.00View SEC Filing  
10/27/2015Inge G. ThulinCEOSell52,000$155.85$8,104,200.00View SEC Filing  
10/27/2015Khandpur K. AshishVPSell3,155$156.60$494,073.00View SEC Filing  
5/15/2015Michael F RomanEVPSell6,900$162.73$1,122,837.00View SEC Filing  
2/6/2015Michael G ValeEVPSell5,013$166.38$834,062.94View SEC Filing  
2/5/2015Hak Cheol ShinEVPSell33,272$165.74$5,514,501.28View SEC Filing  
2/5/2015Jesse G SinghSVPSell12,000$166.06$1,992,720.00View SEC Filing  
10/29/2014Ian F HardgroveVPSell10,322$150.77$1,556,247.94View SEC Filing  
10/28/2014Jon T LindekugelSVPSell1,459$150.39$219,419.01View SEC Filing  
8/5/2014Inge G ThulinCEOSell13,749$139.49$1,917,848.01View SEC Filing  
7/29/2014Hak Cheol ShinEVPSell17,043$144.58$2,464,076.94View SEC Filing  
5/16/2014Brad SauerEVPSell4,235$140.11$593,365.85View SEC Filing  
5/6/2014Inge ThulinCEOSell9,331$139.40$1,300,741.40View SEC Filing  
5/1/2014Nicholas GangestadVPSell6,069$140.35$851,784.15View SEC Filing  
4/30/2014Fred PalenskyVPSell24,179$139.12$3,363,782.48View SEC Filing  
2/20/2014Fred PalenskyVPSell14,619$131.76$1,926,199.44View SEC Filing  
2/19/2014Inge ThulinCEOSell7,959$131.36$1,045,494.24View SEC Filing  
2/19/2014Michael ValeEVPSell1,500$131.53$197,295.00View SEC Filing  
2/18/2014Hak Cheol ShinEVPSell3,998$132.34$529,095.32View SEC Filing  
1/3/2014Hak Cheol ShinEVPSell1,870$138.37$258,751.90View SEC Filing  
11/15/2013Christopher HolmesVPSell7,005$129.69$908,478.45View SEC Filing  
11/15/2013Michael ValeEVPSell13,430$129.81$1,743,348.30View SEC Filing  
11/14/2013Hak Cheol ShinEVPSell22,077$129.91$2,868,023.07View SEC Filing  
11/11/2013Nicholas GangestadVPSell4,598$127.48$586,153.04View SEC Filing  
11/8/2013Michael RomanSVPSell4,950$127.28$630,036.00View SEC Filing  
11/4/2013Julie L BushmanEVPSell19,307$126.35$2,439,439.45View SEC Filing  
11/1/2013Ian F HardgroveVPSell16,762$125.25$2,099,440.50View SEC Filing  
11/1/2013Joaquin DelgadoEVPSell14,838$125.67$1,864,691.46View SEC Filing  
10/30/2013Marlene Mary McgrathSVPSell2,020$125.59$253,691.80View SEC Filing  
10/30/2013Michael A KellyEVPSell17,743$125.28$2,222,843.04View SEC Filing  
10/29/2013David W MelineSVPSell2,835$125.08$354,601.80View SEC Filing  
10/29/2013Inge G ThulinCEOSell5,614$125.20$702,872.80View SEC Filing  
8/22/2013W James FarrellDirectorBuy6,625$114.41$757,966.25View SEC Filing  
7/30/2013Brad T SauerEVPSell17,597$116.60$2,051,810.20View SEC Filing  
10/5/2012Fred J PalenskyVPSell26,522$94.60$2,508,981.20View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for 3M Company (NYSE:MMM)
Latest Headlines for 3M Company (NYSE:MMM)
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3M Company (MMM) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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