3M Company (NYSE:MMM) is included among the 15 Best DRIP Stocks to Own Right Now.
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On October 22, RBC Capital’s analyst Deane Dray raised the price target for 3M Company (NYSE:MMM) from $120 to $130 while maintaining an Underperform rating on the stock, according to a report by The Fly. The analyst noted that the company posted a modest yet broad-based operating beat in the third quarter, supported by stronger organic growth and progress in launching new products. However, Dray cautioned that ongoing multi-billion-dollar PFAS litigation, spanning five key categories, remains a significant and underappreciated risk for the company.
3M Company (NYSE:MMM) released its third-quarter 2025 results on October 21, reporting adjusted sales of $6.3 billion, reflecting 3.2% year-over-year organic growth. Adjusted operating margin rose 170 basis points to 24.7%, while adjusted earnings per share (EPS) came in at $2.19, marking a 10% increase from the prior year.
3M Company (NYSE:MMM) generated $1.8 billion in operating cash flow and $1.3 billion in adjusted free cash flow during the quarter. It also raised its 2025 adjusted EPS guidance from the previous range of $7.75 – $8.00 to $7.95–$8.05. In addition, the company returned $0.9 billion to shareholders through dividends and share repurchases.
3M Company (NYSE:MMM) is a diversified technology firm that manufactures a broad portfolio of products used across various industries, including electronics, automotive, and consumer goods. Its product range spans adhesives, abrasives, filtration solutions, safety equipment, and office essentials.
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