3M Stock Soared in Q1 While the S&P 500 Struggled. Here's Why.
Given the tumultuous events in April, it's easy to forget that 3M (MMM -5.11%) stock is actually up on the year; at least, it is at the time of writing! That's due to an impressive first-quarter performance of 13.8%, according to data provided by S&P Global Market Intelligence.
Every 3M Investor Should Keep an Eye on These 3 Numbers
3M (MMM 0.13%) stock has had a wild ride. After years of litigation surrounding its multi-decade production of PFAS -- deemed "forever" chemicals that wreak havoc on the health of both exposed humans and ecosystems -- shares finally found a bottom last year.
3M Looks Into the Future: Long-Term Gain, but Potential Short-Term Pain
3M's (MMM -1.49%) CEO Bill Brown recently gave a presentation at the JPMorgan Industrial Conference, and his remarks contained some mixed news for investors. However, on balance, they were positive for long-term investors.
3M Company (MMM) J.P. Morgan Industrials Conference (Transcript)
3M Company (NYSE:MMM ) JPMorgan 2025 Industrials Conference March 11, 2025 8:15 AM ET Company Participants Anurag Maheshwari - CFO Bill Brown - CFO Conference Call Participants Steve Tusa - JPMorgan Steve Tusa All right. Moving along here, we have 3M, CFO, Anurag Maheshwari; as well as CEO, Bill Brown.
Here's What 3M's Big News Means to Investors
At a glance, it's understandable that 3M's (MMM -4.93%) recent investor day didn't produce a significant move in the stock price. The industrial conglomerate's three-year targets were solid enough but not sufficiently inspiring to encourage investors to significantly upgrade medium-term expectations.
This Former Dividend King Has Doubled in Just 6 Months. Is It Just Getting Started?
Dividend Kings are an elite group of companies. These are stocks that pay a dividend, but have increased the payout for 50 years or more.
3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
The market for 3M NYSE: MMM stock is on fire, with shares rising by 7% in the final week of February and 65% in the preceding 12 months, and there is more upside ahead. The strong technical indicators point to a move to $175, possibly higher by midyear.
Is 3M Stock a Buy Now?
3M (MMM 3.06%) was once considered a stable blue chip stock, but major problems weighed down its shares in recent years. The diversified conglomerate struggled with sluggish sales in a chilly macro environment, safety-related recalls, and thousands of lawsuits related to its production and dumping of harmful chemicals.
3M Highlights Growth Targets & Capital Deployment Plan at Investor Day
MMM plans to achieve above-market organic sales growth and return at least $10 billion in cash to shareholders by 2027.
3M Rises 21.5% in Six Months: Should You Buy the Stock Now or Wait?
MMM is making strides in the transportation, roofing granules and electrical markets, which makes the stock worth a watch amid certain headwinds.
3M: More Upside Ahead - But Wait For A Moderate Retracement
MMM's reversal is already here, thanks to the SOLV divestiture bringing forth a more focused portfolio and healthier balance sheet. This is on top of the resolution of its legal headwinds, as management also pursues insurance recovery and $340M already completed. The management has driven new growth opportunities through its legacy businesses and new product launches as well, despite certain market softness.
Here's Why 3M Stock Soared in January (and Has Plenty of Upside Potential in 2025)
3M (MMM 0.51%) soared by an impressive 17.9% in January, according to data provided by S&P Global Market Intelligence. The move comes as the market continues to warm to CEO Bill Brown's plans to rejuvenate the company's long-term growth rate and improve its operational performance.
