3M Company (NYSE:MMM) Receives Average Recommendation of “Hold” from Analysts

Posted by Brenda Bartman on Sep 16th, 2026

3M logo Shares of 3M Company (NYSE:MMM – Get Free Report) have been given a consensus recommendation of “Hold” by the fifteen ratings firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $177.2143.

A number of research firms have recently weighed in on MMM. Wolfe Research reiterated an “outperform” rating on shares of 3M in a research report on Thursday, July 9th. JPMorgan Chase & Co. raised shares of 3M from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $178.00 to $180.00 in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $192.00 target price on shares of 3M in a report on Wednesday, July 22nd. Citigroup increased their price target on shares of 3M from $166.00 to $183.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. Finally, The Goldman Sachs Group restated a “buy” rating on shares of 3M in a research report on Wednesday, July 22nd.

View Our Latest Analysis on MMM

3M Stock Performance

NYSE MMM opened at $164.85 on Friday. 3M has a 12-month low of $139.34 and a 12-month high of $184.90. The firm has a 50-day moving average price of $172.21 and a two-hundred day moving average price of $159.22. The company has a market capitalization of $85.02 billion, a P/E ratio of 29.28, a P/E/G ratio of 2.13 and a beta of 1.01. The company has a quick ratio of 0.91, a current ratio of 1.24 and a debt-to-equity ratio of 3.63.

3M (NYSE:MMM – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The conglomerate reported $2.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.15. 3M had a return on equity of 115.87% and a net margin of 11.90%.The business had revenue of $6.50 billion during the quarter, compared to analysts’ expectations of $6.40 billion. During the same period in the previous year, the company posted $2.16 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. 3M has set its FY 2026 guidance at 8.800-8.950 EPS. Analysts anticipate that 3M will post 8.96 earnings per share for the current year.

3M Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 24th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.9%. 3M’s payout ratio is 55.42%.

Insider Buying and Selling at 3M

In related news, insider Karin Chavez sold 3,635 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $182.51, for a total value of $663,423.85. Following the sale, the insider directly owned 14,035 shares of the company’s stock, valued at $2,561,527.85. This trade represents a 20.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.19% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On 3M

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Amundi grew its stake in shares of 3M by 67.0% during the second quarter. Amundi now owns 4,536,148 shares of the conglomerate’s stock worth $734,448,000 after buying an additional 1,819,178 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of 3M by 7.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,935,534 shares of the conglomerate’s stock valued at $637,202,000 after acquiring an additional 270,458 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of 3M by 653.6% in the 1st quarter. SG Americas Securities LLC now owns 2,369,879 shares of the conglomerate’s stock valued at $344,178,000 after acquiring an additional 2,055,419 shares during the last quarter. National Pension Service boosted its holdings in shares of 3M by 3.6% during the 2nd quarter. National Pension Service now owns 1,401,543 shares of the conglomerate’s stock valued at $226,924,000 after acquiring an additional 48,167 shares in the last quarter. Finally, Ascentis Wealth Management LLC grew its position in 3M by 22,972.5% during the 2nd quarter. Ascentis Wealth Management LLC now owns 347,472 shares of the conglomerate’s stock worth $56,259,000 after acquiring an additional 345,966 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

About 3M

(Get Free Report)

3M Company is a diversified technology and manufacturing company headquartered in St. Paul, Minnesota. Founded in 1902 as Minnesota Mining and Manufacturing Company, it initially supplied abrasives and other materials before expanding into a broad range of science-based products and technologies.

The company develops products for industrial, transportation, electronics, safety and consumer markets. Its offerings include personal protective equipment, industrial adhesives and tapes, abrasives, filtration products, electrical materials, automotive solutions, medical and dental products, and consumer brands such as Post-it Notes and Scotch products.