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3M (NYSE:MMM – Get Free Report) issued an update on its FY 2023 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $8.60-$9.10 for the period, compared to the consensus earnings per share estimate of $8.62. The company issued revenue guidance of $31.23 billion-$32.55 billion, compared to the consensus revenue estimate […]

3M (NYSE:MMM – Get Free Report) issued an update on its FY23 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $8.60-9.10 for the period, compared to the consensus earnings per share estimate of $8.61. 3M also updated its FY 2023 guidance to $8.60-$9.10 EPS. 3M Stock Performance Shares of NYSE:MMM […]

3M (NYSE:MMM – Get Free Report) had its price objective raised by equities research analysts at Royal Bank of Canada from $95.00 to $100.00 in a report released on Wednesday, FlyOnTheWall reports. Royal Bank of Canada’s price target indicates a potential downside of 11.28% from the company’s current price. Several other research analysts have also […]

3M (NYSE:MMM – Get Free Report) had its target price increased by equities research analysts at Barclays from $93.00 to $96.00 in a note issued to investors on Wednesday, FlyOnTheWall reports. Barclays‘s price objective suggests a potential downside of 14.83% from the stock’s current price. MMM has been the subject of a number of other […]

3M (NYSE:MMM – Get Free Report) posted its quarterly earnings results on Tuesday. The conglomerate reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.44, MarketWatch Earnings reports. The business had revenue of $7.99 billion during the quarter, compared to the consensus estimate of $7.88 billion. 3M had a positive return […]

9258 Wealth Management LLC increased its stake in 3M (NYSE:MMM – Free Report) by 27.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,963 shares of the conglomerate’s stock after buying an additional 865 shares during the […]

Soltis Investment Advisors LLC cut its holdings in 3M (NYSE:MMM – Free Report) by 76.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,141 shares of the conglomerate’s stock after selling 27,009 shares during the quarter. Soltis Investment Advisors LLC’s holdings in […]

3M (NYSE:MMM – Get Free Report) released its earnings results on Tuesday. The conglomerate reported $2.17 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.44, MarketWatch Earnings reports. 3M had a negative net margin of 4.43% and a positive return on equity of 38.99%. The business had revenue of $7.99 […]

3M (NYSE:MMM – Get Free Report) had its target price lifted by investment analysts at UBS Group from $95.00 to $115.00 in a research note issued on Tuesday, FlyOnTheWall reports. UBS Group’s price objective would suggest a potential upside of 4.71% from the stock’s previous close. Several other research firms have also recently weighed in […]

Leo Brokerage LLC purchased a new stake in 3M (NYSE:MMM – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,764 shares of the conglomerate’s stock, valued at approximately $291,000. Other hedge funds also recently made changes to their positions in the […]