4,212 3M Company $MMM Shares Bought by Willis Investment Counsel

Willis Investment Counsel raised its holdings in shares of 3M Company (NYSE:MMM) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 151,052 shares of the conglomerate’s stock after acquiring an additional 4,212 shares during the quarter. Willis Investment Counsel’s holdings in 3M were worth $24,795,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in MMM. CWA Asset Management Group LLC lifted its stake in 3M by 2.3% during the third quarter. CWA Asset Management Group LLC now owns 6,739 shares of the conglomerate’s stock worth $1,106,000 after purchasing an additional 151 shares during the last quarter. Maia Wealth LLC increased its stake in 3M by 21.0% in the third quarter. Maia Wealth LLC now owns 20,596 shares of the conglomerate’s stock valued at $3,381,000 after purchasing an additional 3,581 shares during the last quarter. Trellis Wealth Advisors LLC purchased a new position in 3M in the third quarter valued at approximately $33,000. Generali Investments Management Co LLC raised its holdings in 3M by 7.5% during the third quarter. Generali Investments Management Co LLC now owns 7,461 shares of the conglomerate’s stock worth $1,225,000 after purchasing an additional 518 shares in the last quarter. Finally, SteelPeak Wealth LLC raised its holdings in 3M by 1,227.6% during the third quarter. SteelPeak Wealth LLC now owns 47,782 shares of the conglomerate’s stock worth $7,843,000 after purchasing an additional 44,183 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

MMM has been the subject of several recent analyst reports. The Goldman Sachs Group restated a “buy” rating on shares of 3M in a research report on Wednesday, July 22nd. Citigroup lifted their price target on shares of 3M from $166.00 to $183.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price target on shares of 3M from $205.00 to $185.00 and set an “overweight” rating on the stock in a research note on Friday, October 9th. Jefferies Financial Group boosted their price target on shares of 3M from $170.00 to $175.00 and gave the company a “hold” rating in a research report on Monday, June 29th. Finally, UBS Group upped their price objective on shares of 3M from $190.00 to $218.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $181.71.

3M Stock Performance

NYSE MMM traded up $9.24 on Tuesday, reaching $171.25. The stock had a trading volume of 4,384,445 shares, compared to its average volume of 3,671,495. The stock has a market cap of $88.31 billion, a P/E ratio of 30.37, a price-to-earnings-growth ratio of 2.30 and a beta of 0.99. 3M Company has a 12-month low of $139.34 and a 12-month high of $184.90. The business’s 50-day moving average price is $169.59 and its 200 day moving average price is $161.52. The company has a debt-to-equity ratio of 3.63, a quick ratio of 0.91 and a current ratio of 1.24.

3M (NYSE:MMM) last announced its earnings results on Tuesday, October 20th. The conglomerate reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.38 by $0.12. The business had revenue of $6.60 billion for the quarter, compared to analysts’ expectations of $6.61 billion. 3M had a net margin of 11.90% and a return on equity of 115.87%. The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.19 EPS. As a group, equities analysts expect that 3M Company will post 8.97 earnings per share for the current year.

3M Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 24th were issued a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, August 24th. 3M’s dividend payout ratio is presently 55.42%.

Key Headlines Impacting 3M

Here are the key news stories impacting 3M this week:

• Positive Sentiment: Earnings beat and improved profitability: Third-quarter adjusted EPS rose 12% year over year to $2.50, exceeding the $2.38 consensus estimate. GAAP EPS was $2.63, while operating margin expanded to 23.7% from 22.2% a year earlier. Sales reached approximately $6.6 billion, broadly matching expectations, with adjusted organic growth of 3.3%. 3M Reports Third-Quarter 2026 Results
• Positive Sentiment: Guidance raised again: 3M lifted its 2026 adjusted EPS outlook to $9.10–$9.15, marking the third consecutive quarterly increase. Management cited operating performance, cost controls and pricing actions, reinforcing the view that CEO Bill Brown’s turnaround efforts are gaining traction. 3M lifts annual profit forecast
• Positive Sentiment: Amazon data-center opportunity: 3M expanded its commercial relationship with an Amazon subsidiary, highlighting demand for its optical-connectivity and other data-center products. The agreement gives investors an additional exposure to the AI infrastructure and hyperscale data-center buildout. Why 3M Stock Jumped Today
• Neutral Sentiment: 3M also announced a collaboration and planned minority investment involving Taiwan-based Genius Electronic Optical to advance expanded-beam optical manufacturing. The move could support long-term data-center growth, but near-term financial benefits remain uncertain. 3M announces collaboration with GSEO
• Negative Sentiment: Amazon received a warrant to purchase roughly $521.4 million of 3M stock, with vesting tied largely to future data-center purchases. While the warrant aligns Amazon’s incentives and validates demand, eventual share issuance could dilute existing shareholders. 3M expands Amazon data center partnership

Insider Buying and Selling at 3M

In other news, insider Karin Chavez sold 3,635 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $182.51, for a total transaction of $663,423.85. Following the completion of the sale, the insider owned 14,035 shares in the company, valued at approximately $2,561,527.85. This represents a 20.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.19% of the company’s stock.

3M Company Profile

3M is a diversified technology and manufacturing company headquartered in St. Paul, Minnesota. Founded in 1902 as Minnesota Mining and Manufacturing Company, it developed from a mining venture into a global enterprise known for applying materials science and engineering to a broad range of industrial, commercial and consumer applications.

The company develops and manufactures products including adhesives, abrasives, filtration systems, personal protective equipment, medical and dental supplies, electrical and electronic materials, automotive components, reflective materials and workplace safety solutions.