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About 3M Co.

3M Company is a diversified corporation manufacturing a wide range of products, including abrasives, adhesive tape and related products, and consumer-electronics components. It is headquartered in St. Paul, Minnesota. 3M apply science in collaborative ways to improve lives daily. With $32 billion in sales, 96,000 employees connect with customers all around the world.
CEO
Michael Roman
Employees
95000
Headquarters

3M Center
Bldg. 220-13E-26A
Saint Paul, Minnesota 55144-1000
Phone: 16517331474
www.3m.com

News

3M Company: Solventum Spinoff Creates More Upside Potential
Jun 17, 2024 18:49pm

The Solventum Corporation spin-off and the settlement of its legacy lawsuits, both enhance the clarity of 3M''s growth curve. Find out more on MMM stock here.


Source:Seeking Alpha
3M upgraded at Wolfe Research with 1st-time recommendation
Jun 13, 2024 13:25pm

Financial analysts at Wolfe Research upgraded 3M (MMM) to Outperform, citing CEO appointment and margin improvement opportunities.


Source:Seeking Alpha
3M to transfer pension-payment obligations for 23,000 U.S. retirees
Jun 13, 2024 12:09pm

3M said Thursday it will transfer about $2.5 billion of its pension-payment obligations to Met Tower Life.


Source:MarketWatch
3M To Transfer Around $2.5 Bln U.S. Pension Payment Obligations; Sees Charge In Q2
Jun 13, 2024 11:12am

MAPLEWOOD (dpa-AFX) - 3M Co. (MMM) announced Thursday that it has purchased a group annuity contract and will transfer a portion of its U.S. pension payment obligations to Metropolitan Tower Life …


Source:Finanz Nachrichten
3M to transfer about $2.5 billion of US pension obligations to Met Tower Life Insurance
Jun 13, 2024 11:05am

https://www.investing.com/news/stock-market-news/3m-to-transfer-about-25-billion-of-us-pension-obligations-to-met-tower-life-insurance-3482803


Source:Investing.com
Wolfe Research bullish on 3M under new CEO, upgrades shares rating to outperform
Jun 13, 2024 10:32am

https://www.investing.com/news/company-news/wolfe-research-bullish-on-3m-under-new-ceo-upgrades-shares-rating-to-outperform-93CH-3482727


Source:Investing.com
3M Company (MMM) Management presents at 2024 Wells Fargo Industrials Conference (Transcript)
Jun 11, 2024 14:54pm

3M Company (NYSE:NYSE:MMM) 2024 Wells Fargo Industrials Conference June 11, 2024 8:15 AM ETCompany ParticipantsMonish Patolawala - CFOConference Call…


Source:Seeking Alpha
3M Leads Gains on the Dow After Upgrade From BofA
Jun 07, 2024 20:46pm

3M was the best-performing stock on the Dow Friday after Bank of America upgraded the stock on optimism about the company''s direction under new CEO Bill Brown.


Source:Investopedia
3M To Focus On Operations, Innovation To Revive Growth, Says New CEO
Jun 07, 2024 20:22pm

The new CEO at 3M Co . (NYSE: MMM ), Bill Brown, recently gave hints at what his priorities are going to be. A Bank of America analyst took notice. The 3M Analyst: Edwin Obin upgraded 3M shares from Neutral to Buy and rose the price target from $105 to $120. The 3M Takeaways: Brown, who started May 1, is aiming to refocus the company on growth and operations. With major litigation settlements behind 3M and uncertainty about remaining lawsuits reduced, investors are likely to look at improving operations, potential cyclical coverage and inexpensive valuation. 3M’s change in management comes at an “opportune time” as the company has focused on litigation over the past several years, Obin wrote in a note on Friday. “Investors were also concerned about the optics of a dividend cut … Full story available on Benzinga.com


Source:Benzinga
Three-Stock Lunch: 3M, Lyft & Reddit
Jun 07, 2024 18:58pm

Chris Grisanti, MAI Capital Management chief equity strategist, joins ''Power Lunch'' to discuss stock plays for three companies, including 3M, Lyft, and Reddit.


Source:CNBC