AllAnalyst Report
logoMorningstarJune 04, 2024

3M Company: We See Early Signs of a 3M Turnaround Following the Spinoff of Solventum

Symbols
MMM
Sector(s)
Industrials
Rating
Current Price
$104.04
Fair Value
Economic Moat
Stewardship
Summary

3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of the second quarter of 2024, 3M is organized across three business segments: safety and industrial, transportation and electronics, and consumer. Nearly 50% of the company’s revenue comes from outside the Americas, with the safety an

Upgrade to begin using premium research reports and get so much more.

Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Upgrade

Analyst Profile

Joshua Aguilar

Equity Analyst
Joshua Aguilar is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers a variety of industrials stocks, including diversified conglomerates. Prior to becoming an analyst, Aguilar was an associate on Morningstar’s financial-services team and a member of the valuation committee.Before joining Morningstar, Aguilar was a small-business-transaction attorney and represented clients in entity formation, buying and selling businesses, contract drafting, and deal negotiation.Aguilar holds a juris doctor degree from Wake Forest, a Master of Business Administration in finance from Rollins College, and a bachelor’s degree in political science and criminology from the University of Florida, where he graduated magna cum laude.