Willis Investment Counsel Purchases 4,212 Shares of 3M Company $MMM

Willis Investment Counsel boosted its position in 3M Company (NYSE:MMM) by 2.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 151,052 shares of the conglomerate’s stock after purchasing an additional 4,212 shares during the period. Willis Investment Counsel’s holdings in 3M were worth $24,795,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its stake in shares of 3M by 653.6% during the 1st quarter. SG Americas Securities LLC now owns 2,369,879 shares of the conglomerate’s stock worth $344,178,000 after buying an additional 2,055,419 shares in the last quarter. Amundi lifted its holdings in shares of 3M by 67.0% in the 2nd quarter. Amundi now owns 4,536,148 shares of the conglomerate’s stock valued at $734,448,000 after buying an additional 1,819,178 shares during the period. Ascentis Wealth Management LLC lifted its holdings in shares of 3M by 22,972.5% in the 2nd quarter. Ascentis Wealth Management LLC now owns 347,472 shares of the conglomerate’s stock valued at $56,259,000 after buying an additional 345,966 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of 3M by 7.4% in the second 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 buying an additional 270,458 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of 3M in the second quarter valued at approximately $21,453,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

3M Price Performance

NYSE MMM traded up $9.24 during trading hours on Tuesday, reaching $171.25. The company’s stock had a trading volume of 4,384,445 shares, compared to its average volume of 3,671,495. The company has a debt-to-equity ratio of 3.63, a quick ratio of 0.91 and a current ratio of 1.24. The company’s 50-day moving average is $169.59 and its two-hundred day moving average is $161.52. 3M Company has a fifty-two week low of $139.34 and a fifty-two week high of $184.90. The stock has a market cap of $88.31 billion, a PE ratio of 30.37, a PEG ratio of 2.30 and a beta of 0.99.

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

3M Dividend Announcement

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

Insider Transactions at 3M

In other 3M news, insider Karin Chavez sold 3,635 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $182.51, for a total transaction of $663,423.85. Following 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.19% of the company’s stock.

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

Wall Street Analysts Forecast Growth

MMM has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price objective on 3M from $205.00 to $185.00 and set an “overweight” rating on the stock in a report on Friday, October 9th. Sanford C. Bernstein raised 3M from an “underperform” rating to a “market perform” rating and raised their target price for the company from $145.00 to $171.00 in a report on Friday, September 25th. Wolfe Research restated an “outperform” rating on shares of 3M in a research report on Thursday, July 9th. Weiss Ratings cut shares of 3M from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of 3M from $192.00 to $194.00 and gave the company a “hold” rating in a report on Wednesday, September 30th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, 3M presently has an average rating of “Hold” and an average price target of $181.71.

3M 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.