News has been plentiful regarding 3M Company (MMM). An increase in stock holdings of 3M has been observed by Griffin Asset Management, Procyon Advisors, and Park Avenue Securities. Conversely, some enterprises, such as OLD National Bancorp, Quintet Private Bank Europe, and Fort Washington Investment Advisors have reduced their stake. MMM's Safety & Industrial Growth shows promise of further upside, making it a strong pick over Carlisle by some experts. The company's CEO mentioned a keen interest in expanding U.S. production, however potential tariff impacts could affect profits by 2025. There are ongoing insider sales reported for 3M, including sales by John Banovetz and Kevin Rhodes. A significant PFAS settlement in New Jersey faces 3M. 3M's stock rallied on the company's 'solid game plan' for tariffs and Citigroup has raised its price target. The company is set to return $10 billion to shareholders and maintains confidence in its sales forecast. Regardless of this, some view 3M as overvalued suggesting investors should consider taking profits.
3m Company MMM News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sat, 14 Jun 2025 10:57:55 GMT - Rating 3 - Innovation 3 - Information 7 - Rumor -1
