3M Company (MMM) has seen a bullish season in recent times, marked by a significant \n
increase in its stock price and an overall
positive sentiment from Wall Street. This is \nattested to by various factors such as stock portfolio enhancements and
positive Q1 2025 earnings \nwhich exceeded estimates, despite potential tariff implications on profitability. Further, it maintained \na
century-long dividend streak that is set to issue a $0.73 payment as of Jun 12. Prominent \nfinancial advisor, Jim Cramer, has categorically stated that he believes the company will continue on an \nupward trajectory. Some investment firms like NorthRock Partners LLC and Parsifal Capital Management LP \nhave augmented their positions in 3M while others like Ethic Inc and First Manhattan Co LLC have lessened \ntheirs. The company has also secured successful resolution for
PFAS-related claims with New Jersey. \nHowever, despite the optimistic outlook, some are advising to
take profits on 3M due to cautious \nsales environment, financial concerns and settlements weighing on cash flow.
3m Company MMM News Analytics from Fri, 27 Sep 2024 07:00:00 GMT to Sat, 17 May 2025 20:37:25 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -2
