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Is 3M Stock Outperforming the Dow?![]() With a market cap of $78.7 billion, 3M Company (MMM) is a diversified global technology firm operating across the Americas, Asia Pacific, Europe, the Middle East, and Africa. It serves a wide range of customers through three core business segments - Safety and Industrial, Transportation and Electronics, and Consumer. Companies valued at $10 billion or more are generally considered "large-cap" stocks, and 3M fits this criterion perfectly. 3M distributes its products via e-commerce, retailers, wholesalers, and direct channels, leveraging its extensive global manufacturing and innovation footprint. Shares of the Saint Paul, Minnesota-based company have fallen 6.5% from its 52-week high of $156.35. Over the past three months, its shares have declined marginally, a slight less pronounced dip than the broader Dow Jones Industrials Average's ($DOWI) 1.6% drop during the same period. ![]() Longer term, MMM stock is up 13.3% on a YTD basis, surpassing DOWI's marginal decrease. Moreover, shares of 3M have surged 47.7% over the past 52 weeks, compared to DOWI’s 9.1% rise over the same time frame. Despite few fluctuations, the stock has been consistently trading above its 50-day and 200-day moving averages since last year. ![]() 3M stock surged 8.1% on Apr. 22 after the company reported a stronger-than-expected Q1 2025 performance, with EPS rising 10% year-over-year to $1.88. Additionally, a 60% increase in new product introductions and sequential improvement in on-time in-full (OTIF) delivery boosted investor confidence, even as management maintained full-year EPS guidance of $7.60 to $7.90 with a cautionary note on $0.20 to $0.40 tariff-related downside risk. Moreover, MMM has outperformed its rival, Honeywell International Inc. (HON), which experienced a marginal YTD rise and a 9.4% gain over the past 52 weeks. Despite the stock’s strong performance, analysts remain cautiously optimistic on 3M. The stock has a consensus rating of “Moderate Buy” from 16 analysts in coverage, and as of writing, MMM is trading below the mean price target of $155.12. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. |
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