3M's Q4 saw institutional investors Sierra Summit, CGC Financial, and VisionPoint adjust their stakes.

3M (NYSE:MMM) saw several institutional investors adjust their positions in the conglomerate's stock during the fourth quarter. Sierra Summit Advisors LLC purchased 3,285 shares, valued at approximately $359,000, while CGC Financial Services LLC raised its stake by 89.9%, and VisionPoint Advisory Group LLC increased its stake by 91.9%. Analysts have given a consensus recommendation of "Hold" with an average 1-year target price of $111.58.