MMM
3M Company (NYSE: MMM) delivered strong Q2 2026 results with 5.
Article Summary
BUY- 3M Company (NYSE: MMM) delivered strong Q2 2026 results with 5.4% organic growth and a 24.9% operating margin, up 40 basis points, driven by strong safety, industrial, transportation, and transportation-related demand. 3M Company returned $1.4 billion in shareholder returns, including $400 million in dividends and $1 billion in share repurchases, while launching 92 new products in the quarter, up 44% from last year, and is on track to introduce over 350 new products this year.
- Full-year guidance was raised to $8.80-8.95 EPS, up 9% to 11% year-over-year, with $4.7-4.9 billion in free cash flow and a 107% conversion rate, reflecting confidence in continued momentum.
- Despite strong performance, the company faces pressure in consumer electronics, auto aftermarket, and US consumer spending, with consumer electronics down 2.1% and transportation down 5.9%.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 2.4% | 25% | 20.0 ptsMinimal (2.4%) - Very weak |
| EPS Growth Next 5Y ? | 8.6% | 25% | 20.0 ptsWeak (8.6%) - Low expectations |
| Target Price Upside ? | 5.3% | 20% | 35.0 ptsBelow Screener (5.3%) - Target: $179.73 vs Current: $170.76 |
| Gross Margin % ? | 43.6% | 15% | 60.0 ptsSolid (43.6%) - Decent margins |
| Drawdown from 52-Wk High ? | -3.8% | 15% | 20.0 ptsBarely a Dip (-3.8%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About MMM
- 3M Company provides diversified technology services in the America, the Asia Pacific, Europe, the Middle East, Africa, and internationally.
- It operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer.
- The Safety and Industrial segment provides industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles.
- The Transportation and Electronics segment provides ceramic solutions; attachment and bonding, films, sound, and temperature management for transportation vehicles; format graphic films for advertising and fleet signage; reflective signage for highway and vehicle safety; light management films and electronics assembly solutions; chip packaging and interconnection solutions; semiconductor production materials; and data center solutions.
- The Consumer segment offers cleaning products for the home; consumer air quality products; picture hanging accessories; retail abrasives, paint accessories, and safety products; stationery and office products; automotive appearance products; and consumer bandages, tapes, braces, and supports.
- It serves automotive; commercial solutions; consumer markets; design and construction; electronics; energy; government; manufacturing; safety; transportation industries.
- The company offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, channel partner, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.