Several investment firms have recently modified their holdings in 3M Company (NYSE:MMM). Envestnet Portfolio Solutions Inc. and Clark & Stuart Inc reduced their stake, while Stonegate Investment Group LLC, Wealth Enhancement Advisory Services LLC, and Cadent Capital Advisors LLC took new positions. Johnson Investment Counsel Inc, Retirement Systems of Alabama, QRG Capital Management Inc. and Wellington Management Group LLP have also increased their shares. Furthermore, 3M's stock price has seen a significant increase of 40.2% in the last year and has beaten industry performance. Jim Cramer and Daniel Sundheim have given positive outlooks on 3M's turnaround potential and investment value. Despite potential impacts from tariffs on future profit and a cautious sales environment, 3M outperformed first quarter estimates. The firm is said to be considering expanding U.S. production. However, 3M company also faces challenges such as soft retail markets and settlement impacts on cash flow, leading to rating downgrades. For the first quarter of 2025, analysts have offered positive earnings predictions, future increased dividend payments, and hedge fund activity.
3m Company MMM News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sat, 21 Jun 2025 11:42:51 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -4
