3M (NYSE:MMM) has been experiencing a mixture of stocking and selling from various investment and asset management firms. Notably, the company's stock has witnessed a
22.3% rise YTD prompting investors to contemplate their investment strategy. Confirmed transactions show integrity Alliance, Focus Partners Wealth, MBB Public Markets, Caxton Associates, and Ransom Advisory as new investors in 3M. On the other hand,
Acadian Asset Management, Hodges Capital Management, Teza Capital Management, United Services Automobile Association, and others have reduced their stakes in the company. Prominent transactions include a $68.82 million position taken by Zurich Insurance and 586,851 shares bought by Alliancebernstein. The company's stock has
outperformed the industrial sector, and analysts predict a target price of $158.10. The company reported strong Q2 earnings with an earnings beat, and the board declared a quarterly dividend. However, some investors are unnerved by persistent litigation costs and the cautious sales environment.
3m Company MMM News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sun, 21 Sep 2025 00:34:04 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 0
