Stock info 3M | Filter  Basic-Info

Stock: 3M (US large caps), ISIN: US88579Y1010

Last Price 107.87 Max Price 112.64
Min Price 85.60 1 Year return -39.27
Sector Industry Subsector Diversified Industrials
Annual report 2020



3M
 
3M is a Multinational company previously branded as Minnesota Mining &
Manufacturing Company which is a U.S international conglomerate corporation and is
situated in St. Paul (Maplewood), Minnesota, United States. 3M is having an overall presence in worldwide markets with more than 84,000 employees worldwide, producing more than 55,000 types of goods which include adhesives, laminates, abrasives, fire safeguards, medical & dental products, electronic supplies, car care products (sun films, polish, wax, car shampoo etc), electronic circuits & optical films and generating more than $30 Billion in sales. At Present 3M is operating in more than 65 countries worldwide, in only United States, 3M has 9 sales offices in 8 states and operates 74 manufacturing units in 27 states. 3M has 148 sales offices globally & manages 93 manufacturing & converting services in 32 countries outside United States.
 
3M was a business venture which was worked upon by 5 businessmen and as a result of their hardwork 3M Company was formed in Two Harbors, Minnesota in the year 1902. In the beginning it was a mining venture and was a big failure as the aim was to mine corundum but mine’s mineral deposits were anorthosite, which has no commercial value.
3M turned out to be financially stable in 1916 and paying dividends too. As a part of international expansion 3M form Durex to carry out business in Europe. In the year 1929,
3M stocks we first traded over the counter & in 1946 these stock were listed on the New
York Stock Exchange (NYSE). This company is presently a major constituent of the Dow Jones Industrial Average and also of the S&P 500. 3M expansion was a result of many innovations which comprise of waterproof sandpaper (1921), Scotch Tape, sound deadening materials for cars and masking tape (1925). 3M's corporate icon is result of its exclusive, innovative products which added up to 33% of sales each year from only new products. In the year 1950s the company expanded its operations in Canada, Mexico, France, Germany, Australia, and the United Kingdom and a year later their global sales were just more than $20 million. American Institute of Management recognized all the accomplishments & named 3M as “one of the five bestmanaged companies in the United States" and also incorporated it along with the Top 12 growth stocks.
 
3M follows a business model based on "the skill to not only build exclusive products, but also to produce them efficiently and consistently around the world”. 3M is one of the 30 companies integrated in the Dow Jones Industrial Average (added on August 9, 1976), and is on number 97 on the 2011 Fortune 500 list. Its worldwide sales are over $20 billion, with international sales 58% of that total. 3M purchased Arizant Inc on 13 Oct 2010 and in December 2011 acquired Winterthur Technology Group (a bonded abrasives company). On 3 Jan 2012, 3M also bought Office and Consumer Products of Avery Dennison for $550 million.

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3M company


Introduction 3M

The company was previously known as Minnesota Mining and Manufacturing Company and is now one of the leading multinational firm rendering services relating to health care, industry and consumer goods. The company manufactures various items including abrasives, adhesives, laminated, dental and orthodontic products and many others. It has its origin in Maplewood, Minnesota, where it was formed in 1902. The first thing produced by the company was sandpaper. The company grew firmly, adding various products to its product line.

21st century and onwards

In the beginning of 21st century, the company started producing materials which were designed to improve visual displays and graphics in items like highway road signs and liquid crystal display (LCD) screens. It also started manufacturing office and consumer products including note paper and adhesive tape. It also started developing commodities which were used for facilitating electronic communications and data transmissions.
After its entry into the health care sector in the1950’s with a speciality in surgical drape, it continued to produce dental, orthodontic and surgical products along with pharmaceuticals. The company also produces materials used for tamper proof packaging and design procedures for security assurance of the documents e.g. driver’s licenses. It manufactures its products in more than 100 plants all across the world.

Contact info:Street: 3M Corporate HeadquartersZip Code: MN 551441City: St. PaulCountry: USAPhone: 6517376501Email: info@3m.comWebsite: www.3m.comCEO: Inge G. ThulinCFO: David W. Meline

Sector Review 3M

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Year Turnover Total sector Market share
2019 32,136 680,915 4.72 %
2020 32,184 679,496 4.74 %
2021 35,355 892,944 3.96 %
2022 34,229 1,632,643 2.10 %
2023 0 0 0.00 %

Advice 3M

Date Label Bank Label Stock Label Advice Label Price Label Diff Label
February 16, 2022 JP Morgan 3M Hold 190.00 39.33 %
December 15, 2021 Credit Suisse 3M Hold 198.00 36.32 %
December 04, 2021 RBC Capital Markets 3M Buy 199.00 36.19 %
October 28, 2021 Citigroup 3M Buy 191.00 37.96 %
October 28, 2021 Credit Suisse 3M Hold 201.00 41.04 %
October 28, 2021 Deutsche Bank 3M Hold 192.00 38.28 %
October 28, 2021 RBC Capital Markets 3M Buy 201.00 41.04 %
May 05, 2021 UBS 3M Sell 181.00 18.86 %
March 22, 2021 Jefferies & Co. 3M Hold 196.00 25.07 %
December 05, 2020 RBC Capital Markets 3M Buy 191.00 10.61 %
November 30, 2020 RBC Capital Markets 3M Buy 193.00 7.96 %
October 31, 2020 UBS 3M Sell 150.00 -19.91 %
October 16, 2020 UBS 3M Sell 145.00 -22.19 %
October 13, 2020 Citigroup 3M Buy 185.00 4.35 %
August 06, 2020 JP Morgan 3M Hold 159.00 -26.43 %
July 31, 2020 Citigroup 3M Buy 171.00 -15.89 %
July 31, 2020 RBC Capital Markets 3M Buy 170.00 -16.57 %
July 31, 2020 Credit Suisse 3M Hold 179.00 -10.71 %
July 31, 2020 Deutsche Bank 3M Hold 171.00 -15.89 %
July 17, 2020 RBC Capital Markets 3M Hold 158.00 -27.22 %
July 16, 2020 Deutsche Bank 3M Hold 178.00 -12.92 %
July 09, 2020 UBS 3M Sell 138.00 -44.85 %
June 04, 2020 ABN AMRO 3M Hold
April 29, 2020 RBC Capital Markets 3M Hold 148.00 -34.89 %
April 29, 2020 Citigroup 3M Buy 170.00 -17.43 %
April 29, 2020 Credit Suisse 3M Hold 180.00 -10.91 %
April 10, 2020 Deutsche Bank 3M Hold 158.00 -23.39 %
April 07, 2020 ABN AMRO 3M Buy 170.00 -14.69 %
April 04, 2020 UBS 3M Sell 126.00 -52.94 %
April 02, 2020 RBC Capital Markets 3M Hold 143.00 -36.11 %
April 02, 2020 Citigroup 3M Buy 146.00 -33.32 %
March 27, 2020 Jefferies & Co. 3M Hold 145.00 -33.17 %
January 29, 2020 Citigroup 3M Buy 176.00 -6.05 %
December 23, 2019 JP Morgan 3M Hold 150.00 -17.61 %
December 19, 2019 RBC Capital Markets 3M Hold 180.00 2.55 %
December 13, 2019 UBS 3M Sell 160.00 -8.43 %
October 28, 2019 RBC Capital Markets 3M Hold 164.00 -3.54 %
October 11, 2019 JP Morgan 3M Buy 143.00 -17.28 %
October 04, 2019 Barclays 3M Buy 158.00 7.04 %
October 04, 2019 Credit Suisse 3M Hold 178.00 10.79 %



News 3M

3M in top American dividend returns

Investors in 3M can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the American market. Analysts expect a dividend of 6.15 USD per share. Thus the dividend yield equals 5.89 percent....

Stock 3M goes ahead in America in terms of dividend yields

Huge dividend 3M Investors in 3M can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the American market. Analysts expect a dividend of 6.15 USD per share. Thus the dividendyield...

Analysts expect over 2021 rising revenue 3M, huge dividend

On Monday the American 3M will publish its past quarters figures. For this year the company, located in Saint Paul revenue will be around 36.17 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2021's revenue...

Analysts expect over 2021 rising revenue 3M, quite high dividend

Tomorrow the American 3M will report its past quarter results. Over the current book year the total revenu from the company based in Saint Paul will be 35.12 billion USD (consensus estimates). This is slightly more than 2021's revenue of 32.18 billion USD. Historical...

Analysts expect over 2021 rising revenue 3M

Tomorrow the American 3M will report its past quarters results. For this year the company, located in Saint Paul revenue will be around 34.91 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2021's revenue of...

Annual reports 3M

2017 2018 2019 2020 2021

Profile 3M

3M

(US88579Y1010)/ MMM

The past year gave good returns for 3M investors

The stock gained over the past 12 months at around 21 percent. Over the past 5 years the stock rose a massive 123,34 percent. 3M's revenues between 2011 and 2015 were relatively stable and moved between 29,9 billion dollars and 30,27 billion dollars. 3M's net results between 2011 and 2015 were relatively steady and moved between 4,36 billion dollars and 4,84 billion dollars.

The company's head quarter is located in St. Paul. The company mostly operates in the diversified industrials sector. Inge G. Thulin manages the company as a CEO. David W. Meline is financially responsible for the company as CFO. Over the past 10 years the global diversified companies gained around 53 percent. Measured since 2011 the sector is 240 percent higher and over the past 12 months (December 2015-December 2016) there is a plus of 53 percent.

Over the past 5 years the American company paid out dividends. 3M's dividend return over the period 2011 - 2015 was around 14,62 percent per year. 3M raised it's dividends per share each year in the past 5 years. Because of the yearly increased dividends 3M can be called a kind of dividend aristocrat.

The American company had ultimo 2015 approximately 89,5 thousand employees on it's payroll.

3M' balance mostly financed with equity

At the end of 2015 the American company had a balance sheet of around 32,72 billion dollars. 21,01 billion dollars (64,22 percent of the total balance sheet) was financed by debt. The American company's price/earnings-ratio was 21. So the market valued the stock at 21 times the 2015' earnings per share. Based on the classical stock valuation theories the American stock can be seen as a value stock.

At the end of 2015 the American company's market capitalization equaled around 89,61 billion dollars. At the end of 2015 the American company had around 609,33 million stocks listed.

On this page you can find all 3M's financial reports. More information about 3M can be found it's website. .


Results 3M

Results
2015
2016
2017
2018
2019
2020
Revenue
30,274
30,109
31,657
32,765
32,136
32,184
Costs
25,441
25,059
26,799
27,416
27,619
26,735
Profit
4,833
5,050
4,858
5,349
4,517
5,449
Margin of profit
15.96
16.77
15.35
16.33
14.06
16.93
ROI
42.29
49.04
42.01
54.60
44.89
42.35

Balance 3M

Balance
2015
2016
2017
2018
2019
2020
Equity
11,429
10,298
11,563
9,796
10,063
12,867
Debt
21,454
22,608
26,424
26,704
34,596
34,477
Total assets
32,883
32,906
37,987
36,500
44,659
47,344
Solvency
34.76
31.30
30.44
26.84
22.53
27.18
Cash
1,916
2,678
4,129
3,233
2,921
5,038
Cashflow
6,420
6,662
6,240
6,439
7,070
8,113
Employees
0
0
0
0
0
Revenue per employee
0.0
0.0
0.0
0.0
0.0
Cashflow / Debt
0.30
0.29
0.24
0.24
0.20
0.24

Details 3M

Details
2016
2017
2018
2019
2020
Price
150.64
178.57
235.37
190.54
176.42
Eps
8.16
7.93
8.89
7.72
9.36
Price/earnings-ratio
18.46
22.52
26.48
24.68
11.52
Dividend
4.44
4.70
5.44
5.76
5.88
Dividend %
2.95 %
2.63 %
2.31 %
3.02 %
5.45 %
Payout %
0.54
0.59
0.61
0.75
0.63
Book value
17.26
19.44
16.99
17.50
22.27
Market to book
0.11
0.11
0.07
0.09
0.21
Cashflow per stock
11.16
10.49
11.17
12.29
14.04
Stocks
597
595
577
575
578
Market Cap
89.890.85
106.228.48
135.708.46
109.595.75
62.321.89

Dividend 3M


Price info 3M

Date
Price
22 Mar 2024
107.87
18 Mar 2024
104.80
15 Mar 2024
103.12
12 Mar 2024
94.05
11 Mar 2024
93.90
09 Mar 2024
93.90
07 Mar 2024
92.52
01 Mar 2024
92.12
29 Feb 2024
91.46
27 Feb 2024
91.82
22 Feb 2024
91.71
21 Feb 2024
91.82
20 Feb 2024
91.25
15 Feb 2024
92.42
14 Feb 2024
92.66
13 Feb 2024
94.63
09 Feb 2024
93.20
08 Feb 2024
93.84
07 Feb 2024
93.76
06 Feb 2024
92.73
05 Feb 2024
94.87
01 Feb 2024
94.35
31 Jan 2024
95.75
30 Jan 2024
96.38
27 Jan 2024
95.99
25 Jan 2024
93.24
24 Jan 2024
96.10
23 Jan 2024
108.02
16 Jan 2024
108.12
11 Jan 2024
108.30