3M (MMM) closed the most recent trading day at $91.46, moving -0.91% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.17%. Elsewhere, the Dow saw a downswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.55%.Prior to today's trading, shares of the maker of Post-it notes, industrial coatings and ceramics had lost 3.6% over the past month. This has lagged the Conglomerates sector's gain of 7.17% and the S&P 500's gain of 3.98% in that time.The invest ...

Education Images/Universal Images Group via Getty Images 3M has long been considered a darling stock among dividend investors due to its solid starting yield and its history of increasing dividend payments for over 50 consecutive years. But due to ongoing lawsuits, high levels of debt, slowing free cash flow growth, and a high payout ratio, the once attractive 3M dividend appears to be in jeopardy. If you've been paying attention to 3M, it's no secret that this stock has been in a free fall over the past fe ...

jetcityimage 3M lawsuit The goal of this article is to argue for a bullish thesis on 3M Company stock (NYSE:MMM). My argument will be mainly built upon two factors. The first one involves the settlement of its class action lawsuits. And the second one involves the attractive valuation and thus return potential created by its recent stock price dips. For readers unfamiliar with the background. I will start with a summary of 3M's PFAS and earplug settlement. MMM recently settled a PFAS (''forever chemicals'') ...

Blue chip stocks rarely go on sale. When they do, it pays to do your research. High-quality businesses trading at deep discounts are the ultimate buy-and-hold opportunities.For decades, 3M (MMM 0.57%) was the epitome of a blue chip stock. Shareholder returns consistently beat the market, and the company's diversified, recession-resistant business model insulated the stock during times of turmoil. With that in mind, the last few years have been exceptional, and not in a good way. Shares have lost around 65% ...

3M Company (NYSE:MMM) Barclays 41st Annual Industrial Select Conference February 22, 2024 8:00 AM ET Company Participants Mike Roman - Chairman & Chief Executive Officer Monish Patolawala - President & Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Julian Mitchell Welcome, everyone, to this morning's Industrial Select Conference. It's my pleasure to start today with 3M. We have Mike Roman, Chairman and CEO; and also Monish Patolawala, Chief Financial Officer. So welcome, Mik ...

3M Company (NYSE:MMM) Barclays 41st Annual Industrial Select Conference February 22, 2024 8:00 AM ET Company Participants Mike Roman - Chairman & Chief Executive Officer Monish Patolawala - President & Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Julian Mitchell Welcome, everyone, to this morning's Industrial Select Conference. It's my pleasure to start today with 3M. We have Mike Roman, Chairman and CEO; and also Monish Patolawala, Chief Financial Officer. So welcome, Mik ...

A month has gone by since the last earnings report for 3M (MMM) . Shares have lost about 1.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is 3M due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. 3M Q4 Earnings Beat Estimates, Revenues Decline Y/Y3M reported fourth ...

3M Company (NYSE:MMM) Citi's 2024 Global Industrial Tech and Mobility Conference February 21, 2024 8:50 AM ET Company Participants Mike Roman - Chairman and Chief Executive Officer Monish Patolawala - President and Chief Financial Officer Conference Call Participants Andrew Kaplowitz - Citi Andrew Kaplowitz Good morning, everyone. Welcome to Day Two of our conference. We are very excited to have 3M Corporation with us today. We're very excited to have Mike Roman, who is the chairman and CEO. Mike joined 3M ...

Solventum anticipated to spin off from 3M on April 1, 2024 ST. PAUL, Minn., Feb. 21, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) for the planned spin-off of its Health Care business as the newly independent health care company Solventum. Solventum is anticipated to spin off from 3M on April 1, 2024, subject to final approval from the 3M Board of Directors and other required conditions. Solventum has ...

3M (MMM -1.22%) recently declared its latest dividend. There was little fanfare around that raise because it has been commonplace for the industrial giant. It has paid dividends to its shareholders without interruption for over a century, while increasing its payout for more than 60 consecutive years. That streak puts 3M in the elite group of Dividend Kings, companies with 50 or more years of dividend growth. Meanwhile, its latest raise pushes its dividend yield up to 6.6%, one of the highest levels in the ...