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ST. PAUL, Minn. and CHARLOTTE, N.C.
MMM is making strides in the aerospace, industrial adhesives and tapes, and electrical markets, which makes the stock worth a watch amid certain headwinds.
ScotchBlue PROSharp Painter's Tape provides ultra-sharp paint lines, helping to achieve a professional grade finish ST. PAUL, Minn.
I maintain a hold rating on 3M, citing slightly high valuation and a technical chart with strong potential, amid recent outperformance versus the S&P 500. Q1 results were solid, with strong operating performance and raised dividend, but macro and litigation risks persist. Guidance for 2025 EPS remains positive, and the recent PFAS settlement adds clarity, though sellside sentiment has cooled.
3M has rebounded strongly, gaining 46% in the past year, driven by robust Q1 earnings and a renewed focus on innovation and operational efficiency. Despite legal settlements, I believe 3M remains financially strong, with litigation risks overcompensated in the current undervalued share price. 3M's strategy centers on accelerating product innovation, improving margins, and disciplined capital allocation through dividends and buybacks.
MMM benefits from strength in its business segment, buyouts and shareholder-friendly policies. Softness in the retail market is concerning.
3M Company (NYSE:MMM ) Bank of America Industrials, Transportation & Airlines Key Leaders Conference May 14, 2025 8:45 AM ET Company Participants Bill Brown - Chairman, Chief Executive Officer Conference Call Participants Andrew Obin - Bank of America Andrew Obin Thank you so much for joining us. Our next session, we're going to do a fireside chat with Bill Brown, Chief Executive Officer and Chairman of 3M.
ST. PAUL, Minn., May 13, 2025 /PRNewswire/ -- At today's Annual Meeting of Shareholders, 3M (NYSE: MMM) shareholders overwhelmingly supported each of the proposals recommended for approval by the company.
ST. PAUL, Minn. , May 13, 2025 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.73 per share for the second quarter of 2025.
The agreement, which is subject to court approval, includes: A pre-tax present value commitment of approximately $210 million to resolve the legacy Chambers Works litigation and other elements of the settlement. A pre-tax present value commitment of approximately $75 million to resolve current and future statewide claims starting in 2030 and running through 2050.