3M Company (MMM) continues to be in the limelight with noteworthy movements in holdings. Several institutions like
Western Financial Corp CA, Cibc World Market Inc., KBC Group NV, Foundations Investment Advisors LLC, and Stonegate Investment Group LLC have boosted their holdings, showing faith in the conglomerate's strengths. However, counterparts such as
OLD National Bancorp IN, Busey Bank, Strategic Planning Group LLC, Kingswood Wealth Advisors LLC, and SteelPeak Wealth LLC have trimmed their stakes. Inside the firm, top-level executives including
Kevin Rhodes, John Banovetz, and Michael F. Roman have also offloaded significant shares. The company recently reported surprising Q3 sales and has smashed estimates in Q4, supported by a 2.1% growth in organic sales, prompting several investors and analysts like Jim Cramer to see 3M as a prospective growth stock. The company's shares have also been upgraded to
Overweight by Wells Fargo. Despite a possible double-edged view on the tech behemoth's performance, optimism remains thanks to the firm's strong earnings, positive analyst ratings, and an encouraging business outlook pegged on structural shifts towards sustainable growth.
3m Company MMM News Analytics from Fri, 26 Jul 2024 07:00:00 GMT to Sat, 01 Feb 2025 13:24:51 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
