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a day ago
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3M's (MMM) Commitment to Innovation Drives Dividend Growth
3M Company (NYSE:MMM) is included among the . A specialized industrial laboratory, filled with high-tech machinery for producing abrasives. 3M Company (NYSE:MMM) is well known for inventing Post-it Notes, which have become a common item in workplaces, classrooms, and homes around the world. The company also introduced Scotch tape in 1930, initially designed to seal cellophane food wrappers. This transparent tape soon gained widespread popularity thanks to its wide range of uses, from wrapping presents to handling routine household tasks. 3M Company (NYSE:MMM) recently reported earnings for the second quarter of 2025. The company's revenues came in at $6.34 billion, which showed a 1.4% growth from the same period last year. It continued the momentum seen in the first quarter, marking the third consecutive quarter of organic growth across all three business segments. Management attributed this progress to the 3M eXcellence operating model, which underpins the company's strategic priorities and reinforces a disciplined and consistent performance culture. With stronger execution and solid results in the first half of the year, the leadership expressed confidence in the raised full-year EPS forecast, which now also reflects the anticipated effect of tariffs. 3M Company (NYSE:MMM) is currently paying a quarterly dividend of $0.73 per share. Although the company reduced its dividend by half last year and has only increased it once since, it has continued to prioritize shareholder returns. In the latest quarter, 3M distributed $1.3 billion to investors through dividends and stock buybacks. The stock supports a dividend yield of 1.92%, as of July 28. While we acknowledge the potential of MMM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
6 days ago
- Business
- Yahoo
3M Company (MMM): 'I Was Surprised' By The Organic Growth Rate, Says Jim Cramer
We recently published . 3M Company (NYSE:MMM) is one of the stocks Jim Cramer recently discussed. 3M Company (NYSE:MMM) is one of the largest industrial conglomerates in the world. Its shares have gained 16.7% year-to-date as part of a bullish run in industrial stocks that Cramer has commented on several times. In his previous remarks about 3M Company (NYSE:MMM), the CNBC host pointed out that the firm is benefiting from strong leadership and insulation from tariffs. However, the shares have lost 4.9% since its latest earnings report despite the firm further reducing the estimated impacts from tariffs. Here's what Cramer said about 3M Company (NYSE:MMM) earnings: 'Now you could have estimates go up and up that you end up . . .And those, 3M, where you just say you know what, they moved up, moved up, moved up. But we have a lot of catch-up upgrades today. Catch-up price target bumps.' VAKSMAN VOLODYMYR/ Previously, Cramer shared his thoughts about how 3M Company (NYSE:MMM) was part of a broader bull market in industrial stocks: 'Now the industrials have been on fire. The part of this broadened out bull market and one of my absolute favorites is 3M, which is beginning to remind me of the old 3M, where the question was simply how big the beat will be. CEO Bill Brown is crushing it, and this one's been greeted with buying both before and after the conference call.' While we acknowledge the potential of MMM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
18-07-2025
- Business
- Yahoo
4 Diversified Operations Stocks to Consider on Promising Industry Trends
The Zacks Diversified Operations industry is poised to gain from strength across the aerospace, defense, and oil & gas industries. Growth in commercial aviation and steady demand in the medical and life science markets are key catalysts for the industry's growth. Higher infrastructure development, product innovation and technological advancements are also providing persistent weakness in the manufacturing sector and supply-chain issues have been weighing on the performance of some industry players. Honeywell International Inc. HON, 3M Company MMM, Carlisle Companies Incorporated CSL and Federal Signal Corporation FSS are a few industry participants that are likely to capitalize on the opportunities. About the Industry The Zacks Diversified Operations industry includes companies that operate in various end markets, including oil & gas, industrial, electronics, power, aviation, technology, finance, healthcare, chemical, non-residential construction and transportation. Such companies manufacture and provide equipment and solutions, including bioprocessing products, molecular testing-related products, gas and steam turbines, generators, commercial jet engines and engineered fluid-process equipment. Industry players also provide related services to a large customer base. A few companies offer services in the agriculture, marine and telecommunications markets and are engaged in providing environmental and safety solutions. The diversified market operators have a vast global presence, with exposure in the United States, Japan, India, China, Canada and other countries. Major Trends Shaping the Future of the Diversified Operations Industry Strength in Aerospace and Defense Markets: The prospects of multi-sector companies primarily depend on the operating conditions of several end markets. Some factors that currently favor the industry are healthy demand from the aerospace, defense and governmental sectors, stability in the oil and gas market and infrastructure development. Industry players with exposure in the commercial aviation markets are poised to gain from healthy growth in air transport flight hours. Also, solid demand for several products and equipment in the consumer and professional, and home and building product markets bodes well for some industry in Innovation & Technological Advancements: The industry participants' constant focus on innovation, product upgrades and the development of new products to stay competitive in the market should drive growth. With the gradual development of business models and cutting-edge technologies, several industry players have been banking on digitizing their business operations for a while now. Digitization enables industry participants to boost their competitiveness through enhanced operational productivity, product quality and better cost in the Manufacturing Sector: Weakness in the manufacturing sector has been denting the demand in the industry. After witnessing expansion in economic activities for the second consecutive month in February, the manufacturing sector contracted in March, April, May and June. Per the Institute for Supply Management's (ISM) report, the Manufacturing Purchasing Manager's Index touched 49% in June. A figure less than 50% indicates a contraction in manufacturing activity. Also, the New Orders Index remained in the contraction territory for the fifth consecutive month, registering 46.4% in Disruptions: Supply-chain disruptions, especially related to the availability of electrical and electronic components, have been concerning for the industry participants of late. The latest ISM report's Supplier Deliveries Index reflects slower deliveries for the seventh straight month in June. Supply-chain issues, if not controlled, might hinder the growth of diversified operation companies, going forward. Zacks Industry Rank Suggests Strong Prospects The Zacks Diversified Operations industry, housed within the broader Zacks Conglomerates sector, currently carries a Zacks Industry Rank #92. This rank places it in the top 38% of 245 Zacks group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates robust prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to the bullish near-term prospects of the industry, we will present a few stocks that you may want to consider for your portfolio. However, it is worth taking a look at the industry's shareholder returns and current valuation first. Industry Lags the S&P 500 In the past year, the Zacks Diversified Operations industry has underperformed the S&P 500 composite. The industry has grown 6.9% compared with the S&P 500 Index's 13.7% rise. One-Year Price Performance Industry's Current Valuation On the basis of forward P/E (F12M), which is a commonly used multiple for valuing diversified operations stocks, the industry is currently trading at 17.82X compared with the S&P 500's the past five years, the industry has traded as high as 23.58X and as low as 13.70X, with a median of 16.71X, as the chart below shows: Price-to-Earnings Ratio Versus S&P 500 4 Diversified Operations Stocks Leading the Pack 3M: Based in St. Paul, MN, 3M operates as a diversified technology firm. It has manufacturing operations across the globe and serves a diversified customer base throughout the world. The company stands to gain from strong momentum in the Safety and Industrial segment, driven by strength in roofing granules, industrial adhesives and tapes and electrical markets. Solid momentum in the commercial aircraft and defense-related business and project wins in the advanced materials business are aiding its Transportation and Electronics of this Zacks Rank #2 (Buy) company have soared 23.3% in the past year. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.6%. the complete list of today's Zacks #1 Rank stocks here.. Price and Consensus: MMM Federal Signal: Based in Oak Brook, IL, this company provides a suite of products and integrated solutions including street sweepers, safe-digging trucks, industrial vacuum loaders and others for municipal, governmental and commercial customers. Federal Signal is well-well positioned to benefit from robust aftermarket demand and strong order intake, supported by effective pricing actions. Growth in demand for public safety equipment, industrial signaling equipment and warning systems has been driving its of this Zacks Rank #2 company have gained 16.6% over the past year. It beat estimates in each of the last four reported quarters, delivering an average earnings surprise of 6.4%. Price and Consensus: FSS Honeywell: Based in Charlotte, NC, Honeywell is a global diversified technology and manufacturing company with a wide range of products and services. Its diversified portfolio includes aerospace products and services, energy-efficient products and solutions for businesses and process technology. HON is gaining from strength in its commercial aviation aftermarket business, driven by solid demand in the air transport market. Strength in its defense and space business, owing to stable U.S. and international defense spending volumes and sustained demand from the current geopolitical climate, has also been proving of the Zacks Rank #3 (Hold) company rose 11.1% in the past year. The company delivered better-than-expected results in each of the trailing four quarters, the average surprise being 6.7%. Price and Consensus: HON Carlisle: Based in Scottsdale, AZ, Carlisle engages in the design, manufacture and sale of a wide range of roofing and waterproofing products, engineered products and finishing equipment. CSL is gaining from growing re-roof activity in the construction sector. Strength in the Carlisle Construction Materials segment, driven by contributions from the MTL acquisition and healthy end-market demand, bodes well for Zacks Rank #3 company has delivered better-than-expected results in three of the trailing four quarters while missing the mark in one, the average surprise being 2.3%. Though the company's shares lost 2.4% in the past year, they rose 10.4% in the year-to-date period. Price and Consensus: CSL Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON) : Free Stock Analysis Report 3M Company (MMM) : Free Stock Analysis Report Carlisle Companies Incorporated (CSL) : Free Stock Analysis Report Federal Signal Corporation (FSS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
18-07-2025
- Business
- Yahoo
Post-It Maker 3M Defies Tariff Headwinds With Strong Q2 And Outlook Boost
Post-it maker 3M Company (NYSE:) stock surged Friday after it reported better-than-expected second-quarter 2025 results and raised its full-year guidance. The company posted GAAP sales of $6.3 billion, up 1.4% year over year. Adjusted sales came in at $6.2 billion, reflecting 1.5% organic growth and beating the consensus estimate of $6.09 billion. This marked 3M's third consecutive quarter of growth across all three business groups, with 13 of 16 divisions posting gains. Growth was led by strong performance in electronics and industrials, with China up mid-single digits and EMEA remaining flat. The adjusted operating margin expanded 290 basis points to 24.5%, driven by growth, productivity gains, and lower restructuring costs. These were partially offset by investments, tariffs, and foreign exchange impacts. Also Read: Adjusted earnings per share rose 12% year over year to $2.16, topping the Street estimate of $2.01. By segment, Safety & Industrial posted 3.6% adjusted sales growth to $2.86 billion, with adjusted operating margin expanding to 25.8% from 22.6%. Transportation & Electronics' revenue grew 1.9% to $1.94 billion, and its adjusted operating margin rose to 24.6% from 22.3%. View more earnings on MMM The Consumer segment saw modest 0.6% growth to $1.27 billion, with adjusted operating margin improving to 21.1% from 17.4% a year ago. 3M returned $1.3 billion to shareholders during the quarter and reported adjusted free cash flow of $1.3 billion, despite a $1.0 billion cash outflow from operations due to $2.2 billion in litigation-related payments. 2025 Guidance 3M now sees 2025 Adjusted EPS of $7.75-$8.0 (prior $7.60-$7.90) versus the consensus of $7.68, includes the impact from tariffs. 3M expects 2025 adjusted sales organic growth of ~2% (prior lower end of 2% to 3%), and operating cash flow of $5.1–$5.5 billion with >100% free cash flow conversion. 3M raised its full-year outlook, citing stronger productivity, a more measured investment pace amid softer demand and evolving tariffs, and a reduced foreign exchange headwind of $0.05, down from $0.15 previously. 'Our 3M eXcellence operating model is the foundation for delivering on each of our strategic priorities, and it drives the operating rigor and rhythm of our performance culture. With execution improving and solid results in the first half, we have confidence in our increased full-year EPS guidance, which now embeds the expected impact of tariffs,' commented William Brown, 3M Chairman and CEO. Price Action: At the last check on Friday, MMM shares were trading higher by 3.06% at $163.90 premarket. Read Next:Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? 3M (MMM): Free Stock Analysis Report This article Post-It Maker 3M Defies Tariff Headwinds With Strong Q2 And Outlook Boost originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
18-07-2025
- Business
- Yahoo
Barclays Raised the Firm's PT on 3M Company (MMM), Kept an Overweight Rating
3M Company (NYSE:MMM) is one of the . On July 9, Barclays raised the firm's price target on 3M Company (NYSE:MMM) from $164 to $170, while keeping an Overweight rating on the stock. The increased price target shows analysts' improved sentiment around the company as it gets close to releasing its Q2 2025 earnings report. The firm noted that there are high investor expectations for companies in the multi-industry sector as they approach Q2 earnings reports. Many firms, including 3M Company (NYSE:MMM), are seen as well-positioned to beat current earnings estimates and possibly raise future guidance. A specialized industrial laboratory, filled with high-tech machinery for producing abrasives. Moreover, the positive outlook comes despite soft consumer demand, highlighting the sector's ability to navigate a muted demand environment. The company, during its fiscal Q1 2025 results, provided a full-year outlook. Management expects the Adjusted EPS to be in the range of $7.60 to $7.90, with an additional tariff sensitivity of $0.20 to $0.40 per share. 3M Company (NYSE:MMM) is a diversified technology and manufacturing company specializing in innovative products across multiple industries. Its operations span safety and industrial goods, transportation and electronics, and consumer products. While we acknowledge the potential of MMM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
