MMM

3M Company
NYSE
Price 9/22 2:21 AM (ET)
$165.59
$ Change
+0.64
% Change
+0.39%
Latest News
10 items
Seeking Alpha Positive 9/3 7:12 AM
3M: Commercial Excellence And Productivity Initiatives Support A Compelling Turnaround

3M Company is rated Buy, supported by improving operational execution and a discounted valuation relative to multi-industrial peers. MMM's commercial excellence initiatives are driving organic sales growth, enhanced cross-selling, and improved customer retention, with Q2 2026 organic sales up 5.4% YoY. Productivity programs targeting $1 billion in cost savings by 2027 are already boosting margins, with the Q2 2026 adjusted operating margin at 24.9%, near the FY27 target.

Market Cap
85.07B
Dol. Volume
364.19M
Volume
2.20M
52W Range
$139.34 - $184.9
1 Week
+0.56%
1 Month
-7.47%
1 Year
+7.62%
3M Company operates as a global technology conglomerate with diverse interests. Its extensive operations are strategically divided into four primary business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial division supplies a broad array of products, including specialized abrasives and finishing tools for metalworking, automotive body repair kits, fastening systems for personal hygiene items, various masking and packaging materials, electrical components for construction, maintenance, and power distribution, strong structural adhesives and tapes, comprehensive personal protective equipment for respiratory, auditory, visual, and fall protection, and mineral granules for roofing shingles. Within the Transportation and Electronics sector, offerings encompass advanced ceramic solutions, specialized attachment tapes and films, sophisticated sound and temperature management systems for vehicles, high-quality large-format graphic films for advertising and fleet branding, optical films, electronic assembly solutions, robust packaging and interconnection technologies, and reflective materials crucial for highway and vehicle safety. The Health Care segment provides essential solutions such as food safety indicators, software for medical procedure coding and reimbursement, a wide range of products for skin and wound care, infection prevention, dental and orthodontic supplies, and advanced filtration and purification systems. Finally, the Consumer unit delivers an assortment of household and personal products, including bandages, braces, support devices, and personal respirators; various home cleaning supplies; retail-grade abrasives, paint accessories, DIY car care products, picture hanging solutions, and consumer-focused air quality improvements; along with a selection of stationery items. The company distributes its extensive product portfolio through both online platforms and a comprehensive traditional network, leveraging wholesalers, retailers, jobbers, distributors, and authorized dealers. This enterprise was founded in 1902 and maintains its corporate headquarters in St. Paul, Minnesota.