3M's Q2 earnings of $1.93 EPS surpassed estimates by $0.25, with revenue of $6.26 billion.
3M shares decreased 14.3% held by institutional investors in Q2, including Harbour Investments Inc., MFA Wealth Advisors LLC, and Northwest Investment Counselors LLC. 65.25% of the stock is owned by institutional investors and hedge funds. 3M reported Q2 earnings of $1.93 EPS, beating estimates by $0.25, with revenue of $6.26 billion, also surpassing analyst expectations. 3M's market cap stands at $72.96 billion, with a debt-to-equity ratio of 2.95 and a current ratio of 1.36.
August 28, 2024
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