Who is the largest shareholder of 3M?
Asked by: Ms. Genoveva Stracke | Last update: April 23, 2025Score: 4.9/5 (30 votes)
Who owns most of 3M stock?
Who owns the most shares of 3M (MMM)? Vanguard owns the most shares of 3M (MMM).
Is 3M owned by BlackRock?
ownership in MMM / 3M Company. 2024-01-26 - BlackRock, Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 41,867,008 shares of 3M Company (US:MMM). This represents 7.6 percent ownership of the company.
Who are the stakeholders of 3M?
Stakeholders include customers, employees, suppliers, nongovernmental organizations, corporate/private sector, academics, consultants, government, media, finance, trade associations, and think tanks, and they represent all of 3M's business groups and all areas of operation.
Is 3M the largest company in the world?
3M is ranked—as of May 5, 2023 — in eighth place among the world's largest conglomerates, close to companies such as Siemens and General Electric. In 2023, the net sales of 3M Company stood at 32.7 billion U.S. dollars. The company is currently headquartered in Maplewood, Minnesota.
Dividend King 3M cash flow analysis (case study)
Who is 3M's biggest competitor?
The main competitors of 3M include General Electric (GE), Danaher (DHR), Carlisle Companies (CSL), Stryker (SYK), Boston Scientific (BSX), Becton, Dickinson and Company (BDX), ResMed (RMD), DexCom (DXCM), West Pharmaceutical Services (WST), and Insulet (PODD).
Where does 3M make the most money?
3M manufactures and distributes products, including building materials, adhesives, and medical and home cleaning supplies. The company's Safety and Industrial segment generates the most sales and profits.
What is the total shareholder equity of 3M?
3M share holder equity for 2022 was $14.77B, a 2.3% decline from 2021. 3M share holder equity for 2021 was $15.117B, a 16.91% increase from 2020.
Who are the distributors for 3M?
- Arrow Electronics.
- Avnet Electronics.
- Digi-Key Corporation.
- Heilind Electronics.
- Mouser Electronics.
- NEP Electronics.
- Newark InOne.
- Powell Electronics.
What does 3M stand for?
3M Company (originally the Minnesota Mining and Manufacturing Company) is an American multinational conglomerate operating in the fields of industry, worker safety, and consumer goods.
Who is the biggest owner of BlackRock?
Who are BlackRock's largest shareholders? BlackRock, which has offered shares to the public since its 1999 IPO, is mostly owned by institutional investors, including the Vanguard Group, State Street Corp. (STT 1.56%), Bank of America (BAC 0.28%), and Temasek Holdings, a Singapore state-owned conglomerate.
What is 3M net worth?
3M Company Market Cap
3M Company has a market cap or net worth of 72.94 billion as of January 24, 2025. Its market cap has increased by 42.07% in one year.
Who runs 3M?
Bill Brown
William “Bill” Brown is chief executive officer of 3M, a $25 billion materials science and manufacturing company that innovates and delivers solutions for global challenges.
Is 3M overvalued?
Valuation metrics show that 3M Company may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of MMM, demonstrate its potential to underperform the market. It currently has a Growth Score of F.
Is 3M in debt?
3M long term debt for 2022 was $14.001B, a 12.8% decline from 2021. 3M long term debt for 2021 was $16.056B, a 10.75% decline from 2020.
Is 3M a good stock to buy?
Overall, MMM ranks 12th on our list of best dow stocks to buy right now. While we acknowledge the potential of MMM to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame.
Does 3M sell to the public?
While many products are available to consumers, some products are for industrial use and can only be purchased at large quantity or by business accounts. Other times, a product may not be currently available at a particular retailer.
Is Uline a 3M distributor?
Made in the U.S.A. - 3M Tape, 3M Products, 3M Packing Tape - Official 3M Distributor- ULINE.
How many employees does 3M have in the US?
With $33 billion in sales, our 85,000 employees connect with customers all around the world. In 2023, we continued to achieve new milestones, which can be read about in 3M's 2023 Annual Report.
Who owns the most 3M stock?
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. 3M is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 9.1% of shares outstanding.
How much does 3M pay per share?
How much is 3M's dividend? MMM pays a dividend of $20.993 per share. MMM's annual dividend yield is 2.41%.
How much is a major shareholder?
Majority shareholders are individuals or entities who own more than 50 per cent of a company's shares, which can give them a controlling interest in that company. They have more significant influence than minority shareholders and thus more power to make major decisions.
What is one of 3M's most popular products?
Adhesive & Tapesdhesive and Tape is the most significant contributor to the overall revenue.
Why is 3M so successful?
They moved into sandpaper products, laying the foundation for their future success. 3M's story is underpinned by a culture of innovation. In the 1920s, the company made a groundbreaking leap with the invention of waterproof sandpaper, followed by masking tape and, later, the revolutionary Scotch tape.
Does 3M pay good?
The average 3M salary ranges from approximately $48,771 per year for Operator to $182,000 per year for Enterprise Architect. Average 3M hourly pay ranges from approximately $16.11 per hour for Assistant to $43.89 per hour for Tool and Die Maker.