Overview

• Diversified manufacturer reported Q4 adjusted sales roughly in-line with analyst expectations

• Adjusted EPS of $1.83 for Q4 beat analyst expectations

• Company returned $0.9 bln to shareholders via dividends and share repurchases

Outlook

• 3M expects full-year 2026 adjusted EPS between $8.50 and $8.70

• Company forecasts 2026 adjusted sales growth of approximately 4%

• 3M anticipates 2026 adjusted operating cash flow of $5.6 to $5.8 bln

Result Drivers

• INNOVATION AND EXECUTION - Co highlighted innovation and commercial execution as key drivers for organic growth

• OPERATIONAL RIGOR - Co cited operational rigor as a factor supporting margin expansion and earnings growth

• TRANSFORMATION EFFORTS - Co's transformation efforts contributed to improved adjusted operating margins

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the consumer goods conglomerates peer group is "buy"

• Wall Street's median 12-month price target for 3M Co is $180.00, about 7.3% above its January 16 closing price of $167.80

• The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPnskr5Ja

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)