Jefferies Financial Group Issues Positive Forecast for 3M (NYSE:MMM) Stock Price

3M (NYSE:MMM) had its target price upped by Jefferies Financial Group from $160.00 to $170.00 in a report released on Tuesday morning,MarketScreener reports. Jefferies Financial Group currently has a hold rating on the conglomerate’s stock.

Several other brokerages have also issued reports on MMM. Royal Bank Of Canada decreased their price target on shares of 3M from $134.00 to $133.00 and set an “underperform” rating for the company in a research note on Wednesday. Morgan Stanley raised their price target on shares of 3M from $160.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 21st. Wells Fargo & Company decreased their price target on shares of 3M from $175.00 to $160.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Citigroup decreased their price target on shares of 3M from $175.00 to $166.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Barclays decreased their price target on shares of 3M from $190.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $169.82.

3M Stock Down 0.7%

NYSE:MMM traded down $1.07 on Tuesday, hitting $147.40. The stock had a trading volume of 679,164 shares, compared to its average volume of 3,983,734. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.33 and a current ratio of 1.71. The stock has a market cap of $77.00 billion, a P/E ratio of 24.53, a price-to-earnings-growth ratio of 2.20 and a beta of 1.09. 3M has a 1 year low of $134.85 and a 1 year high of $177.41. The firm’s fifty day simple moving average is $154.27 and its two-hundred day simple moving average is $160.32.

3M (NYSE:MMM) last posted its quarterly earnings data on Tuesday, April 21st. The conglomerate reported $2.14 EPS for the quarter, beating the consensus estimate of $1.98 by $0.16. The firm had revenue of $6 billion during the quarter, compared to analyst estimates of $6.04 billion. 3M had a net margin of 13.03% and a return on equity of 95.36%. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last year, the business posted $1.88 EPS. 3M has set its FY 2026 guidance at 8.500-8.700 EPS. Analysts predict that 3M will post 8.65 earnings per share for the current year.

3M Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Friday, February 13th were paid a $0.78 dividend. The ex-dividend date was Friday, February 13th. This represents a $3.12 dividend on an annualized basis and a yield of 2.1%. This is a positive change from 3M’s previous quarterly dividend of $0.73. 3M’s dividend payout ratio (DPR) is presently 52.00%.

Insiders Place Their Bets

In related news, CAO Theresa E. Reinseth sold 5,145 shares of 3M stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $172.75, for a total value of $888,798.75. Following the completion of the transaction, the chief accounting officer directly owned 2,585 shares in the company, valued at approximately $446,558.75. The trade was a 66.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.19% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Commonwealth Retirement Investments LLC purchased a new position in 3M in the 4th quarter valued at approximately $28,000. J.Safra Asset Management Corp purchased a new position in 3M in the 3rd quarter valued at approximately $34,000. Westside Investment Management Inc. grew its stake in 3M by 77.4% in the 3rd quarter. Westside Investment Management Inc. now owns 243 shares of the conglomerate’s stock valued at $38,000 after buying an additional 106 shares in the last quarter. EQ Wealth Advisors LLC purchased a new position in 3M in the 4th quarter valued at approximately $40,000. Finally, Sfam LLC purchased a new position in 3M in the 4th quarter valued at approximately $45,000. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

3M News Summary

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

• Positive Sentiment: Q1 earnings beat and guidance reiterated — 3M reported adjusted EPS of $2.14 vs. $1.98 consensus and kept FY‑2026 adjusted EPS guidance at $8.50–$8.70, supporting confidence in the outlook. 3M beats Q1 profit estimates on margin gains, maintains full-year outlook
• Positive Sentiment: Margin expansion and cost controls driving profitability — adjusted operating margin and operating cash flow improved (operating margin ~23.2%; adjusted operating margin 23.8%), helping EPS rise ~14% YoY despite some one‑time items. 3M Reports First-Quarter 2026 Results
• Neutral Sentiment: Revenue mixed/in‑line — sales were roughly in line with expectations (~$6.0B; up ~1–4% YoY depending on the report) with organic growth modest; a slight miss vs some estimates tempers the beat. 3M (NYSE:MMM) Posts Q1 CY2026 Sales In Line With Estimates
• Neutral Sentiment: Segment/metric checkpoints — safety & industrial end markets showed strength, but some key metrics (organic sales, top‑line timing) warrant monitoring; management provided slide deck and call materials for detail. 3M’s Q1 Earnings Top Estimates, Safety & Industrial Sales Increase Y/Y
• Neutral Sentiment: Macro market context — broader market moves (e.g., Iran peace‑talk headlines) are influencing session liquidity and may amplify stock moves unrelated to fundamentals. Markets Open Higher
• Negative Sentiment: Analyst tightening — Citi trimmed its 3M price target from $175 to $166 ahead of Q1 (keeps Neutral rating), a reminder some analysts remain cautious on valuation and execution risks. Citigroup Lowers 3M (MMM) Price Target Ahead of Q1, Keeps Neutral Rating

3M Company Profile

3M Company, originally founded in 1902 as the Minnesota Mining and Manufacturing Company, is a diversified global technology and manufacturing firm headquartered in St. Paul, Minnesota. Over its history the company has expanded from mineral mining into a broad portfolio of industrial, safety, healthcare and consumer products, building a reputation for applied science and product innovation across many end markets.

3M’s businesses span a wide range of product categories including adhesives and tapes, abrasives, filtration and separation technologies, personal protective equipment such as respirators, medical and dental products, industrial and automotive solutions, and a suite of consumer brands (for example, well-known office and home products).