3M: A Successful Spinoff And Strong Q1 Earnings [Seeking Alpha]
3M Company (MMM)
Last 3m company earnings: 4/28 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.3m.com/overview/default.aspx
Company Research
Source: Seeking Alpha
3M Company's spinoff of Solventum may result in the loss of its status as a dividend aristocrat, but the Industrials stalwart continues to work through litigation concerns. Despite challenges, 3M's strong free cash flow and cheap valuation make it an attractive investment, and I highlight key price levels on the chart to monitor. 3M issued a strong double-beat late last month, which augurs well for better days ahead. There's a significant rally under the market's surface in one niche. Spinoff stocks have outperformed the S&P 500 over the past six months. Firms that have refocused management endeavors by separating one part of a conglomerate into a new entity have generally performed well lately. Notable spinoffs over the past year include Johnson & Johnson's ( JNJ ) Kenvue ( KVUE ), General Electric's ( GE ) GE Health Care ( GEHC ) and GE Vernova ( GEV ), Danaher's ( DHR ) Veralto ( VLTO ), Kellanova's ( K ) WK Kellogg ( KLG ), and 3M's ( NYSE: MMM ) Solventum ( SOLV Often, f
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MMM
News
- Is Invesco S&P 500 Equal Weight Industrials ETF (RSPN) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- Global Splicing Tape For Paper And Flexible Films Market Size is Expected to Hold a Significant Share By 2033 | CAGR Of 4.4% [Yahoo! Finance]Yahoo! Finance
- 3M stock closes in green for an eighth consecutive day [Seeking Alpha]Seeking Alpha
- Global Advanced Wound Care Market Projected to Reach US$ 17.0 Billion by 2032 [Yahoo! Finance]Yahoo! Finance
- Digital Signage Market size is set to grow by USD 9855.3 mn from 2024-2028, high growth of retail space to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
MMM
Earnings
- 4/30/24 - Beat
MMM
Sec Filings
- 5/16/24 - Form 8-K
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- MMM's page on the SEC website