3M Company has had a strong share performance, witnessing a substantial rise of
29.8% within six months. The CEO is set to reveal the company's strategic vision and business outlook on the upcoming
Investor Day 2025. Meanwhile, various investment firms, including the
Wilmington Savings Fund Society FSB and
Wellington Management, have grown their positions in 3M. The company has also reported strong Q2 results, alongside an updated Full-Year 2024 earnings guidance. However, despite these positive strides, the 3M stock underperformed on a specific Tuesday compared to its competitors. Furthermore, trends suggest 3M as a likable choice among institutional investors, who currently own
66% of the company. Concerning its Q3 2024 earnings,
3M Co reported strong EPS growth and raised guidance. Despite some dips, the company's shares have generally performed well in the market.
Jim Cramer, a financial analyst, pointed out a continued softness in consumer spending. Lastly, 3M has declared a quarterly dividend, reassuring its investors while navigating through the business landscape.
3m Company MMM News Analytics from Mon, 01 Apr 2024 07:00:00 GMT to Fri, 13 Dec 2024 06:57:35 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor -3
