MMM Stock Recent News

MMM's reversal is already here, thanks to the SOLV divestiture bringing forth a more focused portfolio and healthier balance sheet. This is on top of the resolution of its legal headwinds, as management also pursues insurance recovery and $340M already completed. The management has driven new growth opportunities through its legacy businesses and new product launches as well, despite certain market softness.

I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.

3M (MMM 0.51%) soared by an impressive 17.9% in January, according to data provided by S&P Global Market Intelligence. The move comes as the market continues to warm to CEO Bill Brown's plans to rejuvenate the company's long-term growth rate and improve its operational performance.

ST. PAUL, Minn. , Feb. 4, 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 first quarter of 2025.

The Dow Jones Industrial Average got off to a solid start this year. The widely reported index, consisting of 30 large-cap stocks representing multiple sectors of the economy, gained 4.7% in the first month of the year.

February 2025 will see 11 expected dividend increases from companies with a history of consistent annual dividend hikes, enhancing predictability for investors. Dividend growth is crucial for achieving financial freedom, especially amid high inflation, making it a key factor in stock purchase decisions. Featured stocks include Home Depot, Eaton, Genuine Parts, Coca-Cola, PepsiCo, Walmart, Sherwin-Williams, Cisco, T. Rowe Price, 3M, and United Parcel Service.

3M (MMM -1.42%) is off to a spectacular start to 2025, with its shares climbing 18% in January following its fourth-quarter earnings report that exceeded Wall Street estimates.

The prospects of the Zacks Diversified Operations industry are hindered by weaknesses in the manufacturing sector and ongoing supply-chain challenges. MMM, CSL, GFF and LXU are notable stocks in the industry.

“Turnaround” is a magic word for investors looking to get into a stock at cheap valuations. It's a key justification for entering stocks that have been left for dead.

The market has been worried about the potential implications of President Trump's new tariffs on some of the United States' biggest trading partners. The latest announcements were made for Colombia after a clash between presidents over an immigration issue.