最新ニュース 3M (NYSE:MMM) 株価情報

3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.

Analyst Color

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Upgrades

Movers

ウルフ・リサーチによる3M（NYSE：MMM）最新の分析は、同社の見通しにおいてかなりのアップグレードを示し、「Peer Perform」から「Outperform」に格付けが変わり、2024年末には株1株あたり125ドルという強固な目標株価を設定しました

ウルフ・リサーチ　3Mの評価を格上げ

3M Co

Avenira Ltd

QUAD M SOLUTIONS INC by Quad M Solutions Inc.

Quad M Solutions Inc

MERMAID MARITIME PCL by Mermaid Maritime Public Company Ltd.

Mermaid Maritime PCL

MAMMOTH RESOURCES CORP by Mammoth Resources Corp.

Mammoth Resources Corp

MASS MEGAWATTS WIND PWR by Mass Megawatts Wind Power, Inc.

Mass Megawatts Wind Power Inc

3M Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) will release its fourth-quarter financial results, before the <a href="https://www.benzinga.com/quote/MMM/earnings">opening bell, on Tuesday, Jan. 21, 2025.</a>
Analysts expect the Saint Paul, Minnesota-based company to report quarterly earnings at $1.55 per share, down from $2.42 per share in the year-ago period. 3M projects quarterly revenue of $5.85 billion, compared to $8.01 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Wednesday, JPMorgan analyst Stephen Tusa maintained 3M with an Overweight rating and lowered the price target from $165 to $162.
With the recent buzz around 3M, some investors may be eyeing potential gains from the company's dividends, too. As of now, 3M offers an annual dividend yield of 2.01%, which is a quarterly dividend amount of 70 cents per share ($2.80 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $298,263 or around 2,143 shares. For a more modest $100 per month or $1,200 per year, you would need $59,708 or around 429 shares.
To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($2.80 in this case). So, $6,000 / $2.80 = 2,143 ($500 per month), and $1,200 / $2.80 = 429 shares ($100 per month).
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock&#8217;s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.
MMM Price Action: Shares of 3M gained 1% to close at $139.18 on Thursday.
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Earnings

Long Ideas

Markets

Trading Ideas

How To Earn $500 A Month From 3M Stock Ahead Of Q4 Earnings

Deep-pocketed investors have adopted a bullish approach towards 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MMM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for 3M. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 30% bearish. Among these notable options, 2 are puts, totaling $407,220, and 8 are calls, amounting to $1,162,337.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $175.0 for 3M during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for 3M's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of 3M's whale activity within a strike price range from $70.0 to $175.0 in the last 30 days. 
<h3>3M Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737043224_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$17.9</td>
<td>$17.55</td>
<td>$17.77</td>
<td>$120.00</td>
<td>$530.8K</td>
<td>1.4K</td>
<td align="right">302</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$18.65</td>
<td>$18.0</td>
<td>$18.2</td>
<td>$135.00</td>
<td>$252.9K</td>
<td>413</td>
<td align="right">139</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$7.9</td>
<td>$140.00</td>
<td>$236.2K</td>
<td>442</td>
<td align="right">301</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$5.0</td>
<td>$4.9</td>
<td>$4.9</td>
<td>$138.00</td>
<td>$171.0K</td>
<td>212</td>
<td align="right">356</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$4.4</td>
<td>$4.3</td>
<td>$4.3</td>
<td>$138.00</td>
<td>$153.0K</td>
<td>85</td>
<td align="right">500</td>
</tr>
</tbody>
</table>

<h3>About 3M</h3>
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
Following our analysis of the options activities associated with 3M, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of 3M</h3>
<ul>
<li>Currently trading with a volume of 864,364, the MMM's price is down by -0.34%, now at $137.31. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 5 days.</li>
</ul>
<h3>What Analysts Are Saying About 3M</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $139.66666666666666.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Barclays has decided to maintain their Overweight rating on 3M, which currently sits at a price target of $161. 
&#x2A; An analyst from JP Morgan persists with their Overweight rating on 3M, maintaining a target price of $162. 
&#x2A; Maintaining their stance, an analyst from RBC Capital continues to hold a Underperform rating for 3M, targeting a price of $96. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for 3M, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

What the Options Market Tells Us About 3M

JP Morgan analyst Stephen Tusa maintains 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) with a Overweight and lowers the price target from $165 to $162.

Price Target

Analyst Ratings

JP Morgan Maintains Overweight on 3M, Lowers Price Target to $162

Barclays analyst Julian Mitchell maintains 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) with a Overweight and lowers the price target from $165 to $161.

Barclays Maintains Overweight on 3M, Lowers Price Target to $161

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Stifel raised the price target for Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) from $411 to $492. Keefe, Bruyette &amp; Woods analyst David Konrad maintained an Outperform rating. Tesla shares closed at $410.44 on Friday. <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Leerink Partners boosted Quest Diagnostics Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) price target from $169 to $174. Leerink Partners analyst Michael Cherny upgraded the stock from Market Perform to Outperform. Quest Diagnostics shares closed at $151.92 on Friday. <a href="https://www.benzinga.com/quote/DGX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup raised the price target for FormFactor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) from $44 to $51. Citigroup analyst Atif Malik upgraded the stock from Neutral to Buy. FormFactor shares closed at $44.46 on Friday. <a href="https://www.benzinga.com/quote/FORM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities increased the price target for Henry Schein, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSIC#NASDAQ">HSIC</a>) from $69 to $84. B of A Securities analyst Michael Cherny upgraded the stock from Underperform to Buy. Henry Schein shares closed at $69.09 on Friday. <a href="https://www.benzinga.com/quote/HSIC/analyst-ratings">See how other analysts view this stoc</a>k.</li>
<li>Needham boosted Deckers Outdoor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) price target from $226 to $246. Needham analyst Tom Nikic maintained a Buy rating. Deckers Outdoor shares settled at $207.25 on Friday. <a href="https://www.benzinga.com/quote/DECK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays raised The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) price target from $190 to $210. Barclays analyst David Strauss upgraded the stock from Equal-Weight to Overweight. Boeing shares closed at $169.90 on Friday. <a href="https://www.benzinga.com/quote/BA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies cut Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) price target from $64 to $61. Jefferies analyst Lloyd Byrne maintained a Buy rating. SLB shares closed at $38.59 on Friday.  <a href="https://www.benzinga.com/quote/SLB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna raised the price target for C.H. Robinson Worldwide, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHRW#NASDAQ">CHRW</a>) from $115 to $130. Susquehanna analyst Bascome Majors upgraded the stock from Neutral to Positive. C.H. Robinson shares settled at $104.44 on Friday. <a href="https://www.benzinga.com/quote/CHRW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>RBC Capital cut 3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) price target from $100 to $96. RBC Capital analyst Matthew Swanson maintained an Underperform rating. 3M shares closed at $129.87 on Friday. <a href="https://www.benzinga.com/quote/MMM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer slashed The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) price target from $677 to $639. Oppenheimer analyst Chris Kotowski maintained an Outperform rating. Goldman Sachs shares closed at $580.13 on Friday. <a href="https://www.benzinga.com/quote/GS/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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CHRW

DECK

FORM

HSIC

TSLA

Tesla To Rally Around 20%? Here Are 10 Top Analyst Forecasts For Monday

In the last three months, 9 analysts have published ratings on 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), offering a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $148.44, a high estimate of $184.00, and a low estimate of $96.00. This current average reflects an increase of 15.63% from the previous average price target of $128.38. 
<img src="https://www.benzinga.com/files/images/story/2025/1735938018_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The analysis of recent analyst actions sheds light on the perception of 3M by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Matthew Swanson</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$96.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Damian Karas</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$184.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Underperform</td>
<td>$100.00</td>
<td>$99.00</td>
</tr>
<tr>
<td>Andrew Obin</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$160.00</td>
<td>$143.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Scott Davis</td>
<td>Melius Research</td>
<td>Announces</td>
<td>Buy</td>
<td>$180.00</td>
<td>-</td>
</tr>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$146.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Joe O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$140.00</td>
<td>$130.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to 3M. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of 3M compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of 3M's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of 3M's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MMM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on 3M analyst ratings.</a>
<h2>Delving into 3M's Background</h2>
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
<h3>Unraveling the Financial Story of 3M</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: 3M's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 0.38%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: 3M's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 21.8% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): 3M's ROE stands out, surpassing industry averages. With an impressive ROE of 32.06%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): 3M's ROA excels beyond industry benchmarks, reaching 3.26%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 2.97.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

9 Analysts Have This To Say About 3M

RBC Capital analyst Matthew Swanson maintains 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) with a Underperform and lowers the price target from $100 to $96.

RBC Capital Maintains Underperform on 3M, Lowers Price Target to $96

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>EOSE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$5.00</td>
<td>$145.0K</td>
<td>10.5K</td>
<td>3.5K</td>
</tr>
<tr>
<td>KULR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$5.00</td>
<td>$30.8K</td>
<td>960</td>
<td>1.5K</td>
</tr>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/27/24</td>
<td>$25.00</td>
<td>$32.0K</td>
<td>3.1K</td>
<td>895</td>
</tr>
<tr>
<td>ENVX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$29.2K</td>
<td>15.8K</td>
<td>801</td>
</tr>
<tr>
<td>BA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$220.00</td>
<td>$46.3K</td>
<td>237</td>
<td>564</td>
</tr>
<tr>
<td>JBLU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$7.00</td>
<td>$29.0K</td>
<td>4.7K</td>
<td>508</td>
</tr>
<tr>
<td>PBI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$7.00</td>
<td>$46.0K</td>
<td>1.1K</td>
<td>501</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$130.00</td>
<td>$60.4K</td>
<td>426</td>
<td>162</td>
</tr>
<tr>
<td>NSC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$260.00</td>
<td>$27.8K</td>
<td>111</td>
<td>121</td>
</tr>
<tr>
<td>ALK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$67.50</td>
<td>$29.6K</td>
<td>25</td>
<td>106</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding EOSE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>), we observe a call option sweep with bearish sentiment. It expires in 141 day(s) on May 16, 2025. Parties traded 1000 contract(s) at a $5.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $145.0K, with a price of $145.0 per contract. There were 10550 open contracts at this strike prior to today, and today 3548 contract(s) were bought and sold. 
• For KULR (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/KULR#AMEX">KULR</a>), we notice a call option sweep that happens to be bullish, expiring in 57 day(s) on February 21, 2025. This event was a transfer of 220 contract(s) at a $5.00 strike. This particular call needed to be split into 69 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $140.0 per contract. There were 960 open contracts at this strike prior to today, and today 1573 contract(s) were bought and sold. 
• For RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on December 27, 2024. This event was a transfer of 100 contract(s) at a $25.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $320.0 per contract. There were 3187 open contracts at this strike prior to today, and today 895 contract(s) were bought and sold. 
• Regarding ENVX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>), we observe a call option trade with bullish sentiment. It expires in 22 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $146.0 per contract. There were 15853 open contracts at this strike prior to today, and today 801 contract(s) were bought and sold. 
• For BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we notice a put option trade that happens to be bullish, expiring in 722 day(s) on December 18, 2026. This event was a transfer of 9 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $46.3K, with a price of $5155.0 per contract. There were 237 open contracts at this strike prior to today, and today 564 contract(s) were bought and sold. 
• For JBLU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>), we notice a call option sweep that happens to be bullish, expiring in 85 day(s) on March 21, 2025. This event was a transfer of 200 contract(s) at a $7.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $145.0 per contract. There were 4742 open contracts at this strike prior to today, and today 508 contract(s) were bought and sold. 
• For PBI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>), we notice a call option sweep that happens to be bullish, expiring in 57 day(s) on February 21, 2025. This event was a transfer of 500 contract(s) at a $7.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $46.0K, with a price of $93.0 per contract. There were 1100 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold. 
• Regarding MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we observe a put option sweep with bullish sentiment. It expires in 57 day(s) on February 21, 2025. Parties traded 113 contract(s) at a $130.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $60.4K, with a price of $535.0 per contract. There were 426 open contracts at this strike prior to today, and today 162 contract(s) were bought and sold. 
• Regarding NSC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSC#NYSE">NSC</a>), we observe a call option trade with bullish sentiment. It expires in 176 day(s) on June 20, 2025. Parties traded 34 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $820.0 per contract. There were 111 open contracts at this strike prior to today, and today 121 contract(s) were bought and sold. 
• For ALK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), we notice a put option sweep that happens to be bullish, expiring in 57 day(s) on February 21, 2025. This event was a transfer of 78 contract(s) at a $67.50 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $29.6K, with a price of $380.0 per contract. There were 25 open contracts at this strike prior to today, and today 106 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ENVX

EOSE

JBLU

KULR

RKLB

10 Industrials Stocks With Whale Alerts In Today's Session

Whales with a lot of money to spend have taken a noticeably bearish stance on 3M.
Looking at options history for 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $71,510 and 9, calls, for a total amount of $2,033,285.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $175.0 for 3M during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for 3M's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of 3M's whale activity within a strike price range from $100.0 to $175.0 in the last 30 days. 
<h3>3M 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734983122_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/21/25</td>
<td>$31.3</td>
<td>$29.85</td>
<td>$29.9</td>
<td>$105.00</td>
<td>$741.5K</td>
<td align="right">27</td>
<td>248</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$29.7</td>
<td>$29.2</td>
<td>$29.2</td>
<td>$100.00</td>
<td>$432.1K</td>
<td align="right">582</td>
<td>0</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$29.4</td>
<td>$29.0</td>
<td>$29.0</td>
<td>$100.00</td>
<td>$287.1K</td>
<td align="right">582</td>
<td>248</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$35.3</td>
<td>$34.05</td>
<td>$34.65</td>
<td>$100.00</td>
<td>$263.3K</td>
<td align="right">68</td>
<td>100</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$0.27</td>
<td>$0.21</td>
<td>$0.24</td>
<td>$141.00</td>
<td>$102.4K</td>
<td align="right">0</td>
<td>8.4K</td>
</tr>
</tbody>
</table>

<h3>About 3M</h3>
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
Having examined the options trading patterns of 3M, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is 3M Standing Right Now?</h3>
<ul>
<li>With a volume of 1,139,548, the price of MMM is down -0.45% at $128.7. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 29 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest 3M options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Unpacking the Latest Options Trading Trends in 3M

General

3M And US Conec Announce Licensing Agreement For 3M Expanded Beam Optical Interconnect Technology

3M's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) short percent of float has fallen 4.88% since its last report. The company recently reported that it has 6.34 million shares sold short, which is 1.17% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.31 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>3M Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734013810_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for 3M has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing 3M's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, 3M's peer group average for short interest as a percentage of float is 3.84%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About 3M?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ALK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$55.00</td>
<td>$128.5K</td>
<td>11.6K</td>
<td>1.0K</td>
</tr>
<tr>
<td>EOSE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.00</td>
<td>$27.4K</td>
<td>23.3K</td>
<td>583</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$110.00</td>
<td>$30.4K</td>
<td>2.0K</td>
<td>549</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/13/24</td>
<td>$155.00</td>
<td>$38.5K</td>
<td>1.4K</td>
<td>442</td>
</tr>
<tr>
<td>HON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$300.00</td>
<td>$58.8K</td>
<td>5.7K</td>
<td>384</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$470.00</td>
<td>$80.6K</td>
<td>281</td>
<td>122</td>
</tr>
<tr>
<td>WM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$220.00</td>
<td>$28.8K</td>
<td>100</td>
<td>47</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$110.00</td>
<td>$31.5K</td>
<td>878</td>
<td>42</td>
</tr>
<tr>
<td>INOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$35.00</td>
<td>$34.0K</td>
<td>88</td>
<td>20</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding ALK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), we observe a call option sweep with bullish sentiment. It expires in 42 day(s) on January 17, 2025. Parties traded 378 contract(s) at a $55.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $128.5K, with a price of $340.0 per contract. There were 11613 open contracts at this strike prior to today, and today 1024 contract(s) were bought and sold. 
• Regarding EOSE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>), we observe a call option trade with bearish sentiment. It expires in 42 day(s) on January 17, 2025. Parties traded 499 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $55.0 per contract. There were 23371 open contracts at this strike prior to today, and today 583 contract(s) were bought and sold. 
• For MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we notice a call option sweep that happens to be bearish, expiring in 42 day(s) on January 17, 2025. This event was a transfer of 13 contract(s) at a $110.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.4K, with a price of $2340.0 per contract. There were 2035 open contracts at this strike prior to today, and today 549 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on December 13, 2024. Parties traded 140 contract(s) at a $155.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $38.5K, with a price of $275.0 per contract. There were 1442 open contracts at this strike prior to today, and today 442 contract(s) were bought and sold. 
• For HON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>), we notice a call option trade that happens to be bearish, expiring in 770 day(s) on January 15, 2027. This event was a transfer of 49 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $58.8K, with a price of $1200.0 per contract. There were 5728 open contracts at this strike prior to today, and today 384 contract(s) were bought and sold. 
• Regarding DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we observe a put option sweep with bullish sentiment. It expires in 42 day(s) on January 17, 2025. Parties traded 30 contract(s) at a $470.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $80.6K, with a price of $2721.0 per contract. There were 281 open contracts at this strike prior to today, and today 122 contract(s) were bought and sold. 
• For WM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>), we notice a call option trade that happens to be bearish, expiring in 132 day(s) on April 17, 2025. This event was a transfer of 22 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $1310.0 per contract. There were 100 open contracts at this strike prior to today, and today 47 contract(s) were bought and sold. 
• For UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we notice a call option trade that happens to be bearish, expiring in 105 day(s) on March 21, 2025. This event was a transfer of 39 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $810.0 per contract. There were 878 open contracts at this strike prior to today, and today 42 contract(s) were bought and sold. 
• Regarding INOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NASDAQ">INOD</a>), we observe a call option trade with bullish sentiment. It expires in 161 day(s) on May 16, 2025. Parties traded 20 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $34.0K, with a price of $1700.0 per contract. There were 88 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

INOD

9 Industrials Stocks Whale Activity In Today's Session

3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $152.5, a high estimate of $184.00, and a low estimate of $100.00. This upward trend is evident, with the current average reflecting a 13.81% increase from the previous average price target of $134.00.
<img src="https://www.benzinga.com/files/images/story/2024/1731528072_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The standing of 3M among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Damian Karas</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$184.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Underperform</td>
<td>$100.00</td>
<td>$99.00</td>
</tr>
<tr>
<td>Andrew Obin</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$160.00</td>
<td>$143.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Scott Davis</td>
<td>Melius Research</td>
<td>Announces</td>
<td>Buy</td>
<td>$180.00</td>
<td>-</td>
</tr>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$146.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Joe O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$140.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$160.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Chris Snyder</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Underweight</td>
<td>$125.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to 3M. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of 3M compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of 3M's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into 3M's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MMM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on 3M analyst ratings.</a>
<h2>Unveiling the Story Behind 3M</h2>
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
<h3>3M: Delving into Financials</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: 3M displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 0.38%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: 3M's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 21.8%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 32.06%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): 3M's ROA excels beyond industry benchmarks, reaching 3.26%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 2.97, 3M faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

3M Stock: A Deep Dive Into Analyst Perspectives (10 Ratings)

Investors with a lot of money to spend have taken a bullish stance on 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MMM, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 21 uncommon options trades for 3M.
This isn't normal.
The overall sentiment of these big-money traders is split between 61% bullish and 28%, bearish.
Out of all of the special options we uncovered, 19 are puts, for a total amount of $1,006,569, and 2 are calls, for a total amount of $59,550.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $95.0 and $165.0 for 3M, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of 3M stands at 521.75, with a total volume reaching 12,269.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in 3M, situated within the strike price corridor from $95.0 to $165.0, throughout the last 30 days.
<h3>3M 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731525363_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.7</td>
<td>$6.35</td>
<td>$6.7</td>
<td>$135.00</td>
<td>$75.7K</td>
<td align="right">912</td>
<td>1.0K</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.75</td>
<td>$6.5</td>
<td>$6.5</td>
<td>$135.00</td>
<td>$74.8K</td>
<td align="right">912</td>
<td>784</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.95</td>
<td>$6.6</td>
<td>$6.6</td>
<td>$135.00</td>
<td>$73.2K</td>
<td align="right">912</td>
<td>558</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.75</td>
<td>$6.55</td>
<td>$6.56</td>
<td>$135.00</td>
<td>$72.8K</td>
<td align="right">912</td>
<td>669</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.65</td>
<td>$6.35</td>
<td>$6.37</td>
<td>$135.00</td>
<td>$69.8K</td>
<td align="right">912</td>
<td>894</td>
</tr>
</tbody>
</table>

<h3>About 3M</h3>
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
<h3>Where Is 3M Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,363,139, the MMM's price is up by 0.74%, now at $131.32. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 69 days.</li>
</ul>
<h3>What The Experts Say On 3M</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $157.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a positive move, an analyst from UBS has upgraded their rating to Buy and adjusted the price target to $184. 
&#x2A; An analyst from B of A Securities persists with their Buy rating on 3M, maintaining a target price of $160. 
&#x2A; An analyst from RBC Capital persists with their Underperform rating on 3M, maintaining a target price of $100. 
&#x2A; An analyst from Melius Research has elevated its stance to Buy, setting a new price target at $180. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for 3M, targeting a price of $165. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for 3M with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Market Whales and Their Recent Bets on MMM Options

UBS analyst Damian Karas upgrades 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) from Neutral to Buy and raises the price target from $130 to $184.

UBS Upgrades 3M to Buy, Raises Price Target to $184

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Shares of companies within the broader industrial sector are trading higher after Donald Trump won the 2024 presidential election.

3M shares are trading higher after JP Morgan maintained an Overweight rating on the stock and raised its price target from $160 to $165.

JP Morgan analyst Stephen Tusa maintains 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) with a Overweight and raises the price target from $160 to $165.

JP Morgan Maintains Overweight on 3M, Raises Price Target to $165

RBC Capital analyst Deane Dray maintains 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) with a Underperform and raises the price target from $99 to $100.

RBC Capital Maintains Underperform on 3M, Raises Price Target to $100

Analysts boosted the price target for 3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) following yesterday&#8217;s strong third-quarter results.
The company&#8217;s adjusted net sales totaled&nbsp;$6.068 billion, marginally above the consensus of $6.057 billion, and adjusted EPS of $1.98&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41453239/post-it-maker-3m-q3-earnings-sales-growth-slows-margins-expand-raises-annual-profit-outlook" rel="noreferrer noopener">exceeded the consensus of&nbsp;$1.90</a>.
3M revised FY24 adjusted EPS&nbsp;guidance&nbsp;to&nbsp;$7.20 – $7.30&nbsp;from&nbsp;$7.00 – $7.30&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">versus the&nbsp;consensus of $7.26</a>.
Related: <a target="_blank" href="https://www.benzinga.com//node/41453239" rel="noreferrer noopener">Post-It Maker 3M Q3 Earnings: Sales Growth Slows, Margins Expand, Raises Annual Profit Outlook</a>
BofA Securities analyst Andrew Obin raised the price target to $160 from $143 while <a target="_blank" href="https://www.benzinga.com/quote/MMM/analyst-ratings" rel="noreferrer noopener">maintaining a Buy rating.</a>
The analyst writes that 3M appears cautious about 2025, which he interprets as a reflection of limited macroeconomic visibility rather than an indication of the effectiveness of its internal growth initiatives.
The analyst notes that the company is hesitant to identify an inflection point in the cycle, aligning with the messages from other multi-industrial companies in his coverage that are exposed to short cycles.
Increased volumes during a cyclical recovery should significantly enhance 3M&#8217;s margins, adds the analyst.
Obin writes that 3M&#8217;s growth profile has become more cyclical relative to the PMI during economic slowdowns, likely due to fewer new product launches in recent years.
Reaccelerating organic growth throughout the cycle is a key focus for the CEO, but cyclical leverage is expected to be the primary driver of earnings growth in the coming quarters, adds the analyst.
The analyst maintains 2024 EPS at $7.30, which is at the high end of 3M&#8217;s guidance.
Apart from this, RBC Capital Markets analyst Deane Dray increased the price target to $100 from $99 and reiterated the Underperform rating.
The analyst writes that despite CEO Bill Brown's effective strategies for tackling 3M&#8217;s operational weaknesses, the company is still in the early stages of what is expected to be a multi-quarter to multi-year (and sometimes disruptive) turnaround.
Looking forward, five categories of unaddressed PFAS liabilities remain, which could present a multi-billion-dollar risk to the company, adds the analyst.
The analyst raised adjusted EPS estimates to $7.25 (from $7.20) for FY24 and $7.90 (from $7.80) for FY25.
Investors can gain exposure to the stock via&nbsp;ProShares Smart Materials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TINT#NYSE">TINT</a>) and&nbsp;FT Vest DJIA Dogs 10 Target Income ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/DOGG#BATS">DOGG</a>).
Price Action: MMM shares are down 3.91% at $126.58 at the last check Wednesday.
Read Next:
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