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April 23, 2011 12:18 AM ET
LAST $93.92 USD
CHANGE TODAY +0.16 0.17%
VOLUME 2.9M
As of 8:04 PM 04/21/11 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of 3M CO (MMM)

OPEN
$94.09
PREVIOUS CLOSE
$93.76
DAY HIGH
$94.43
DAY LOW
$93.66
52 WEEK HIGH
04/11/11 - $94.64
52 WEEK LOW
05/6/10 - $67.98
MARKET CAP
66.9B
AVERAGE VOLUME 10 D
3.0M
EPS TTM
$5.75
SHARES OUTSTANDING
711.8M
EX-DATE
02/16/11
P/E TTM
16.3x
DIVIDEND
$2.20
DIVIDEND YIELD
2.26%
K = Thousands  M = Millions  B = Billions

BUSINESS EXCHANGE RELATED TOPIC

3M

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MMM Details

3M Company, together with subsidiaries, operates as a diversified technology company worldwide. The company’s Industrial and Transportation segment offers tapes, coated and non-woven abrasives, adhesives, specialty materials, filtration products, energy control products, closure systems for personal hygiene products, acoustic systems products, and components and products that are used in the manufacture, repair, and maintenance of automotive, marine, aircraft, and specialty vehicles. Its Health Care segment provides medical and surgical supplies, skin health and infection prevention products, inhalation and transdermal drug delivery systems, dental and orthodontic products, health information systems, and food safety products. The company’s Display and Graphics offers optical film solutions for LCD electronic displays; computer screen filters; reflective sheeting for transportation safety; commercial graphics sheeting and systems; and mobile interactive solutions, including mobile display technology, visual systems products, and computer privacy filters. The company’s Consumer and Office segment provides office supply products, stationery products, construction and home improvement products, home care products, protective material products, certain consumer retail personal safety products, and consumer health care products. Its Safety, Security and Protection Services segment offers personal protection products, safety and security products, cleaning and protection products for commercial establishments, track and trace solutions, and roofing granules for asphalt shingles. The company’s Electro and Communications segment provides packaging and interconnection devices; fluids that are used in the manufacture of computer chips, and for cooling electronics and lubricating computer hard disk drives; high-temperature and display tapes; insulating materials, including tapes and resins; and related items. The company was founded in 1902 and is based in St. Paul, Minnesota.

80,057 Employees
Last Reported Date: 02/16/11
Founded in 1902

MMM Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Age: 62
Total Annual Compensation: $1.7M
Executive Vice President of International Ope...
Age: 57
Total Annual Compensation: $598.5K
Executive Vice President of Industrial & Tran...
Age: 52
Total Annual Compensation: $576.0K
Executive Vice President of Health Care Busin...
Age: 51
Total Annual Compensation: $572.4K
Executive Vice President of Display & Graphic...
Age: 51
Total Annual Compensation: $551.0K
Compensation as of Fiscal Year 2010.

Key developments for 3M CO (MMM)

3M Launches Customer Technical Center in Bogota, Colombia

3M Co. announced that it is bringing its technology even closer to customers in Latin America with the opening of an innovative Customer Technical Center in Bogota, Colombia. The new Customer Technical Center features 17 showrooms that will showcase 3M technology, capabilities and products for the Latin American market. Customers will be able to touch and test multiple 3M technologies and learn about their various applications in the on-site teaching rooms. In addition, the center will serve as a central ideas hub for accelerating the development of new products and services locally.

3M Co. Announces Installation of its Exterior Window Film Product on Residence of U.S. Ambassador to Belgium

3M Co. announced the installation of its Exterior Window Film product on the official residence of United States Ambassador to Belgium Howard Gutman during the 2011 Energy Efficiency Global Forum, part of European Union Energy Week in Brussels. The Energy Efficiency Forum is an exclusive gathering of officials from government, business and NGOs interested in pursuing and implementing energy efficiency initiatives. The retrofit project took place under the Forum's League of Green Embassies partnership, which aims to highlight energy efficiency measures through high-profile installations. The Ambassador's residence underwent a comprehensive "green renovation" to showcase products designed to increase the energy efficiency of the 230-year-old, 16,000 square foot structure. As a historic highly visible building, the residence is ideal for the Prestige Series retrofit in that it does not change the exterior appearance of the structure. The Prestige Series is based on unique nanotechnology consisting of hundreds of thin, non-metallized layers for high performance sun control and glare reduction without increasing the reflectivity of the glass. The Exterior Prestige Series is highly transparent, enabling superior heat rejection without compromising interior views or the overall building appearance. Internally, and over time, UV rays, solar heat and visible light can irreversibly fade fabric and upholstery on couches, chairs, rugs and natural wood floors. The Prestige Series also reduces the effects of solar heat and visible light on furnishings, and will block up to 99.9% of the sun's harmful UV rays -- the single largest contributor to fading.

3M Co. Announces Launch of Newly Formed Company 3M AST Ltd in Cheonan, Korea

3M Co. announced the launch of its newly formed company 3M AST Ltd., based in Cheonan, Korea, which will provide advanced sputtering and plating services, materials and manufacturing capabilities for flexible circuits for the mobile hand-held, touch-screen panel and display markets. 3M AST uses proprietary plating and sputtering techniques for the creation of flexible circuits. This gives customers improved performance of their flexible circuits and materials used in flexible electronics by providing excellent uniformity of the metalized surface and one of the highest adhesive less bond strengths between the substrate and the deposited metal forming the flexible copper clad laminate (FCCL). The 3M Electronic Solutions Division offers innovative solutions to the global electronics market, such as static control products; copper interconnect systems; cables and cable assemblies; carrier and cover tapes; flexible circuits; embedded capacitor materials, and Textool brand test and burn-in sockets.

Stock Quotes

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MMM:US $93.92 USD +0.16
JNJ:US $64.07 USD -0.32
DAI:GR €51.14 EUR +0.13

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MMM Competitors

Company Last Change
EI du Pont de Nemours & Co $55.91 USD +0.54
Emerson Electric Co $59.14 USD +0.85
Honeywell International Inc $60.72 USD +1.98
Telefonaktiebolaget LM Ericsson kr78.80 SEK +1.35
Schneider Electric SA €117.30 EUR +3.05
View Industry Companies
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation MMM Industry Range
Price/Earnings 16.7x
Price/Sales 2.5x
Price/Book 4.3x
Price/Cash Flow 16.4x
TEV/Sales 2.1x
Not meaningful

MMM

 | 

MMM transactions

Type
Date
Target
Merger/Acquisition
April 20, 2011
Original Wraps Inc.
Merger/Acquisition
February 17, 2011
Hybrivet Systems Inc.
Buyback
February 8, 2011
--
View More MMM Transactions...

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