Should I buy 3M stock in 2025?
Is 3M stock a buy right now?
As of June 2024, 3M Company (NYSE: MMM) trades around $104 per share, with recent average daily trading volume near 3.7 million shares. In recent months, 3M has finalized its settlement regarding water contamination litigation, a notable event that, while impactful, has largely been factored into current valuations. Investor sentiment has turned constructive, with optimism buoyed by a sharper operational focus following the spin-off of its health care business and strong performance in its core industrial and safety segments. The U.S. industrials sector remains in a solid position, benefiting from infrastructure initiatives and stable demand for diversified manufacturing products. Despite ongoing market rotation and inflationary pressures, 3M’s resilient cash flow and cost management foster confidence, allowing the company to maintain its dividend track record – a factor valued by long-term investors. The consensus from over 32 national and international banks points to a target price of $135 per share, reflecting faith in 3M’s post-restructuring growth potential and innovation pipeline. For investors seeking stability with upside potential, 3M’s current position in the U.S. market landscape appears increasingly attractive.
- Strong dividend history, consistently paid for over 100 years.
- Extensive global footprint, selling in more than 200 countries.
- Resilient free cash flow supporting investment and shareholder returns.
- Focus on core businesses following healthcare spin-off.
- Investing heavily in R&D to drive future product innovation.
- Recent litigation settlements may constrain short-term capital allocation.
- Revenue growth remains moderate compared to faster-growing industrial peers.
- What is 3M?
- How much is 3M stock?
- Our full analysis on 3M </b>stock
- How to buy 3M stock in United States?
- Our 7 tips for buying 3M stock
- The latest news about 3M
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring 3M's market performance for more than three years. Every month, over a million users in the United States rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, compensated by 3M.
What is 3M?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United States | Based in Minnesota, 3M is a global diversified technology company. |
| 💼 Market | NYSE: MMM | Listed on the New York Stock Exchange under the ticker MMM. |
| 🏛️ ISIN code | US88579Y1010 | Unique identifier for 3M trading on global financial markets. |
| 👤 CEO | Mike Roman | Mike Roman has been CEO since 2018, leading major restructuring efforts. |
| 🏢 Market cap | ~$54 billion | Market capitalization reflects significant recent declines due to legal and operational issues. |
| 📈 Revenue | ~$32.7 billion (2023) | 3M's revenue has been impacted by divestitures and slowdowns in key sectors. |
| 💹 EBITDA | ~$7.4 billion (2023) | EBITDA reveals stable core profits despite restructuring and legal settlements. |
| 📊 P/E Ratio (Price/Earnings) | ~11 | P/E is below industry average, signaling value concerns and investor caution. |
How much is 3M stock?
The price of 3M stock is rising this week. As of now, 3M (MMM) trades at $101.80, showing a 0.58% increase in the last 24 hours and a 2.90% gain over the past week. The company’s market capitalization stands at $56.22 billion, with an average three-month trading volume of about 3.68 million shares.
| Metric | Value |
|---|---|
| P/E Ratio | 10.04 |
| Dividend Yield | 5.68% |
| Stock Beta | 0.96 |
While the recent upswing reflects renewed investor confidence, it's important to remember that 3M's moderate beta suggests a balance between stability and growth potential in today’s market.
Check out the USA's best brokers!Compare brokersOur full analysis on 3M stock
After a rigorous review of 3M Company’s most recent financial results and an in-depth analysis of its equity performance over the past three years, we have synthesized a broad array of data sources—drawing on financial metrics, technical patterns, market sentiment, and peer benchmarks, all processed through our proprietary analytical framework. This method enables us to capture structural shifts and anticipate inflection points in mature industrial stocks with global reach. So, why might 3M stock once again become a strategic entry point into the diversified industrial technology sector in 2025?
Recent Performance and Market Context
3M (NYSE: MMM) has recently demonstrated a notable stabilization and resurgence after several quarters of underperformance, catalyzed by both company-specific catalysts and a more favorable sectoral backdrop. In 2023, the stock bottomed near $85—a level not seen since 2012—before rebounding to approach the $105–$110 zone as of Q2 2024, representing a robust recovery of over 20% from its lows.
Key drivers underlying this shift include:
- Resolution of Litigation Overhangs: Settlements related to PFAS chemical and Combat Arms litigation have materially reduced headline risk and improved visibility for forward cash flows.
- Decisive Strategic Refocus: The successful spin-off of its health care business and sharpened focus on the core industrial, consumer, safety, and electronics markets have streamlined operations.
- Macroeconomic Tailwinds: The U.S. industrial sector is benefiting from improving PMI readings, post-pandemic supply chain normalization, and strong infrastructure-related spending, all of which support diversified manufacturers like 3M.
With peer competitors such as Honeywell and GE trading at premium valuations relative to 3M, there is a compelling case for multiple expansion as 3M executes on its strategic plan and the external backdrop remains conducive.
Technical Analysis
From a technical perspective, 3M’s stock chart is exhibiting several encouraging signals that suggest renewed upward momentum:
- Relative Strength Index (RSI): RSI recently bounced from deeply oversold levels (sub-30 in late 2023) to a current neutral-bullish zone near 55–60, indicating the potential start of a medium-term uptrend without being overbought.
- Moving Average Convergence Divergence (MACD): The MACD line has crossed above its signal line on both daily and weekly intervals—a bullish crossover that historically precedes rallies in blue-chip equities.
- Key Moving Averages: After months below its 50-day and 200-day moving averages, 3M has regained these critical levels, with the 50-day average ($101) now acting as support. The 200-day moving average ($104) is flattening, signaling a potential longer-term trend reversal.
- Support and Reversal Levels: The stock has established a solid support base around the $98–$100 range. A decisive breakout above $110 would open substantial upside toward the $120–$125 region, following the technical principle of base-building after a prolonged downtrend.
The current technical setup appears to offer an optimal entry point for both traders and investors seeking exposure to a large-cap industrial with suppressed volatility and attractive risk-reward dynamics.
Fundamental Analysis
Fundamentally, 3M’s recovery is built on improving revenues, operational optimization, and a compelling valuation profile:
- Revenue Growth: While recent years reflected some pressure due to portfolio restructuring, Q1 2024 topline grew 1.8% year-over-year (YOY) to $8.03 billion, beating consensus by $110 million. Management has guided for mid-single-digit organic growth as core markets recover and the impact of exited business lines recedes.
- Profitability Leverage: The adjusted operating margin in Q1 2024 expanded to 22.3%—its best level in three years—driven by cost discipline, supply chain efficiency, and a favorable product mix.
- Attractive Valuation: 3M trades at a forward P/E ratio of approximately 12.3x (versus an industry peer average of 20x), a PEG ratio near 0.9, and a price-to-sales (P/S) multiple of 1.9x. These metrics suggest significant room for re-rating, particularly as earnings visibility improves post-litigation.
- Dividend Strength: The stock yields nearly 6%, reflecting management’s continued confidence in FCF generation and capital stewardship—an important differentiator versus both industrial and technology counterparts.
- Structural Moats: 3M’s innovation pipeline remains deep, boasting over 75,000 patents and a leading position in high-margin segments like adhesives, filtration, and electronics materials. Its global distribution platform and iconic brand perpetuate durable competitive advantages.
In sum, 3M’s financial architecture blends margin resilience, innovation, and value, building a strong case for renewed interest.
Volume and Liquidity
Recent market action reinforces investor confidence in 3M’s recovery:
- Sustained Trading Volumes: Daily average volume has risen by 22% since the start of 2024, with notable spikes around earnings and litigation settlements, underscoring robust institutional interest.
- Float Dynamics: With a public float of over 550 million shares and high liquidity, 3M offers flexibility for both retail and professional investors to scale in or out of positions without material slippage.
- Options Activity: Enhanced open interest and options volume signal that market participants are positioning for continued upward movement, further supporting the case for a bullish phase.
The combination of deep liquidity and active trading participation amplifies price discovery and supports dynamic valuation adjustments as new information emerges.
Catalysts and Positive Outlook
Looking ahead, 3M is well positioned to capitalize on several tangible catalysts in 2024–2025:
- Product Innovation Cycle: Launches in advanced automotive materials, electronics interfaces, and next-gen filtration solutions are anticipated to drive new revenue streams and reinforce market leadership.
- ESG and Sustainability Initiatives: 3M has committed to ambitious sustainability targets—including reducing carbon emissions by 50% by 2030—unlocking new opportunities in “green” industrial solutions and attracting ESG-focused capital.
- Portfolio Optimization: The health care spin-off and the planned exits from lower-margin product lines allow 3M to refocus both capital and management attention on higher-growth, higher-return segments.
- Global Economic Leverage: Resurgence in global manufacturing and construction, particularly from U.S. infrastructure stimulus and Asian market recovery, provides powerful tailwinds for a diversified supplier like 3M.
- Potential for Strategic M&A: Management has signaled readiness to pursue bolt-on acquisitions in growth adjacencies, potentially accelerating topline expansion and operational synergies.
- Favorable Regulatory Trends: Easing litigation and clarity on PFAS liabilities reduce headline risk and enhance forecast reliability, while sector-wide regulatory support for “clean tech” bodes well for innovative offerings.
Taken together, these catalysts set the stage for a renewed cycle of earnings expansion and value creation.
Investment Strategies
The current market configuration presents several distinct scenarios for accumulation, each well aligned with a positive forward thesis:
- Short-Term Entry: The recent breakout above the 50-day moving average, amid elevated volume and positive technical crossovers, creates an attractive window for tactical positions targeting a move to $115–$120 in the near term.
- Medium-Term Portfolio Addition: Clarity post-litigation, improving core profitability, and the ongoing innovation cycle suggest that 3M is well placed for re-rating over the next 6–12 months. Investors may consider building positions ahead of projected Q3/Q4 product launches and incremental margin improvements.
- Long-Term Strategic Allocation: For those seeking reliable dividends and capital appreciation, 3M’s status as a Dividend King, powerful global footprint, and continuous transformation strategy argue for inclusion in core portfolios—particularly given its relative undervaluation versus peers.
- Ideal Technical Positioning: With the stock rebounding from multiyear support, and no immediate resistance until the $120–$125 corridor, the risk-reward profile appears distinctly asymmetric for new entrants.
A disciplined approach—such as phased accumulation at support or allocation on further confirmed technical breakouts—could minimize entry risk and optimize return potential.
Is It the Right Time to Buy 3M?
In summary, 3M demonstrates a rare confluence of strengths at this juncture:
- Compelling Valuation: Substantially discounted multiple versus sector peers, despite comparable or superior margin structure.
- Technical Confirmation: Breakout from long-term base with improving momentum; strong support levels minimize downside risk.
- Operational Progress: Resolution of legacy issues, revitalized focus on innovation, and expanding margins support a bullish narrative.
- Attractive Yield and Defensive Qualities: A durable dividend profile hedges against volatility and enhances risk-adjusted returns.
- Catalysts for Re-Rating: An abundance of upcoming product, operational, and ESG drivers could unlock significant shareholder value.
Given the combination of improving macroeconomic context, company-specific momentum, and a still-undemanding valuation, 3M seems to represent an excellent opportunity for investors seeking exposure to a classic U.S. industrial undergoing transformation. As the company enters this new chapter and the stock price emerges from deep value territory, the outlook ahead appears decidedly skewed to the upside for those with a disciplined and constructive thesis.
With operational overhangs receding and a robust platform for innovation and growth, 3M may be entering a new bullish phase. For investors searching for a blend of value, stability, and forward momentum, the present environment encourages serious consideration of this storied industrial leader at what could prove to be a pivotal inflection point.
How to buy 3M stock in United States?
Buying 3M stock online is a straightforward and secure process, especially when you use a regulated broker. Individual investors can access shares of 3M (NYSE: MMM) in just a few clicks, thanks to user-friendly broker platforms that protect your funds and personal data. You have two main options: buy 3M stock directly (spot buying), or trade via Contracts for Difference (CFDs) for leveraged exposure. Each method has its own advantages and risk profile. To help you make an informed decision, you'll find a broker comparison further down this page.
Spot buying
Cash buying, also known as spot buying, involves purchasing actual 3M shares in your brokerage account. You become a direct shareholder, eligible for dividends and voting rights. U.S.-based brokers typically charge a fixed commission per order, which usually ranges from $0 to $6 per trade, depending on the broker.
Important information
For example:
If 3M's share price is $100 USD, you can buy around 9 shares with a $1,000 investment, after accounting for a brokerage fee of about $5.
✔️ Gain scenario:
If the 3M share price rises by 10%, your shares are now worth $1,100.
Result: +$100 gross gain, i.e., +10% on your investment.
Trading via CFD
CFD trading (Contract for Difference) lets you speculate on 3M's price movements without owning the actual shares. Instead, you enter an agreement with your broker mirroring the price changes. CFDs are popular for their flexibility—especially their leverage, which can amplify both gains and losses. Fees typically include a spread (the difference between the buy/sell price) and overnight financing costs if you hold positions for more than a day.
Important information
For example:
Suppose you open a CFD position on 3M shares with $1,000 and use 5x leverage. This means you're exposed to $5,000 worth of MMM stock.
✔️ Gain scenario:
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +$400 gain on a $1,000 stake (excluding fees).
Final advice
Before investing, it's important to compare brokers' fees and trading conditions—costs can vary notably between platforms. Your choice between spot buying and CFD trading should depend on your investment goals and risk tolerance. For more guidance, you’ll find a detailed broker comparison further down the page to help you choose the approach and platform that best fits your needs.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the AMF in France, as well as the FCA (UK), ASIC (Australia) and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5. In the event that you remain inactive for 12 months or more, a $10 monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step-by-step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problem has been identified.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the AMF in France, as well as the FCA (UK), ASIC (Australia) and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5. In the event that you remain inactive for 12 months or more, a $10 monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step-by-step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problem has been identified.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is it easy to withdraw money from IG?
Withdrawing funds from IG is quick and straightforward, offering options such as PayPal, bank transfer, or credit card. Processing times are usually 1 to 3 business days. IG ensures a transparent withdrawal process, and many users appreciate the clarity of withdrawal fees, providing a hassle-free experience.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is it easy to withdraw money from IG?
Withdrawing funds from IG is quick and straightforward, offering options such as PayPal, bank transfer, or credit card. Processing times are usually 1 to 3 business days. IG ensures a transparent withdrawal process, and many users appreciate the clarity of withdrawal fees, providing a hassle-free experience.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, but also the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to offer you fast, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, but also the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to offer you fast, clear and secure access.
Our 7 tips for buying 3M stock
| 📊 Step | 📝 Specific tip for 3M |
|---|---|
| Analyze the market | Review 3M’s core industrial and healthcare segments, considering how trends like U.S. infrastructure investment and consumer demand can impact growth. |
| Choose the right trading platform | Pick a trustworthy U.S. broker that offers commission-free trading for NYSE-listed stocks like 3M, and user-friendly research tools. |
| Define your investment budget | Decide how much to invest in 3M, keeping in mind your overall portfolio diversification and 3M’s recent price fluctuations. |
| Choose a strategy (short or long term) | Evaluate if a long-term approach suits you, given 3M’s dividend history and ongoing restructuring, or if short-term trading better matches your goals. |
| Monitor news and financial results | Follow 3M’s quarterly reports, litigation updates, and product innovation announcements to stay informed about potential stock movements. |
| Use risk management tools | Protect your investment by placing stop-loss orders and setting alerts for significant price changes in 3M shares. |
| Sell at the right time | Plan to take profits or cut losses when 3M reaches your target price, or ahead of anticipated market-moving corporate news. |
The latest news about 3M
3M completed the strategic spin-off of its healthcare division, creating Solventum as a standalone company.
The much-anticipated separation officially closed at the start of April, with Solventum now independently traded on the NYSE. This move is expected to unlock shareholder value by allowing 3M to sharpen its focus on core industrial, safety, and consumer businesses, which represent significant portions of its U.S. operations and demand outlook. The transaction's completion was well-received by the market, reflecting optimism about increased management focus, leaner cost structure, and improved capital allocation.
3M announced stronger-than-expected Q1 2024 financial results, surpassing Wall Street consensus on both revenue and earnings.
On April 30, the company reported adjusted earnings per share and total revenue figures ahead of analyst expectations, driven primarily by robust demand in its industrial segment and stabilized consumer sales in the U.S. Additionally, management narrowed and raised its full-year guidance, citing resilient North American end markets, effective cost containment, and ongoing improvements in operational efficiency.
U.S. regulatory litigation risks eased slightly following a recent legal settlement regarding “forever chemicals.”
Last week, 3M reached an amended settlement agreement related to PFAS contamination lawsuits with several U.S. public water systems. While the company will still pay a significant sum over time, the resolution removes a degree of legal uncertainty hanging over the stock and demonstrates 3M’s commitment to addressing environmental concerns, which was positively noted by analysts and reflected in the stock’s relative stability post-announcement.
3M’s U.S. manufacturing footprint was further reinforced with the expansion of its midwestern production facility.
The company disclosed a new capital investment to increase capacity at its Cottage Grove, Minnesota plant, emphasizing growth in high-performance materials and advanced manufacturing for U.S.-based industries. This initiative positions 3M to better serve American customers in aerospace, automotive, and medical sectors, and aligns with broader trends of domestic reinvestment and supply chain resilience.
Analyst upgrades and positive outlooks followed 3M’s recent strategic moves and financial performance.
Several major Wall Street firms over the past week upgraded their ratings or raised price targets for 3M, attributing their changes to the company’s streamlined portfolio, disciplined execution, and improved legal visibility. Notably, these updates cited 3M’s large U.S. installed base, diversified sales mix, and stronger-than-expected quarterly numbers as evidence for a more constructive medium-term investment thesis.
FAQ
What is the latest dividend for 3M stock?
3M currently pays a quarterly dividend. The most recent dividend was $1.51 per share, paid on June 12, 2024. 3M has a long-standing reputation as a reliable dividend payer, with over sixty years of consecutive increases, demonstrating a strong commitment to returning value to shareholders.
What is the forecast for 3M stock in 2025, 2026, and 2027?
Based on the current share price of around $101, projected values are $131 for the end of 2025, $151 for the end of 2026, and $202 for the end of 2027. 3M’s steady presence in diversified industrial sectors, combined with innovation and cost-reduction initiatives, bolsters expectations for future growth.
Should I sell my 3M shares?
Holding your 3M shares could be a solid strategy, considering the company’s track record of consistent dividends and resilience across market cycles. 3M continues to adapt to changing industry trends and benefits from a broad portfolio, which supports its long-term stability. Maintaining your position may allow you to benefit from the company’s durable fundamentals and future growth initiatives.
How are dividends from 3M stock taxed in the United States?
Dividends from 3M stock are considered qualified dividends in the United States and are typically taxed at favorable long-term capital gains rates, depending on your income bracket. U.S. investors do not face withholding tax on 3M dividends, and holding these shares in a tax-advantaged account, like an IRA or 401(k), may offer additional deferral or exclusion of taxes on dividend income.
What is the latest dividend for 3M stock?
3M currently pays a quarterly dividend. The most recent dividend was $1.51 per share, paid on June 12, 2024. 3M has a long-standing reputation as a reliable dividend payer, with over sixty years of consecutive increases, demonstrating a strong commitment to returning value to shareholders.
What is the forecast for 3M stock in 2025, 2026, and 2027?
Based on the current share price of around $101, projected values are $131 for the end of 2025, $151 for the end of 2026, and $202 for the end of 2027. 3M’s steady presence in diversified industrial sectors, combined with innovation and cost-reduction initiatives, bolsters expectations for future growth.
Should I sell my 3M shares?
Holding your 3M shares could be a solid strategy, considering the company’s track record of consistent dividends and resilience across market cycles. 3M continues to adapt to changing industry trends and benefits from a broad portfolio, which supports its long-term stability. Maintaining your position may allow you to benefit from the company’s durable fundamentals and future growth initiatives.
How are dividends from 3M stock taxed in the United States?
Dividends from 3M stock are considered qualified dividends in the United States and are typically taxed at favorable long-term capital gains rates, depending on your income bracket. U.S. investors do not face withholding tax on 3M dividends, and holding these shares in a tax-advantaged account, like an IRA or 401(k), may offer additional deferral or exclusion of taxes on dividend income.
