How to buy 3M Company (MMM) shares in Australia

Learn how to easily invest in 3M Company shares.

3M Company (MMM) is a leading conglomerates business with stocks listed in the US. It closed the previous market day at US$128.19. During the previous open market day, the price has varied from a low of USD128 to a high of USD129.26. 3M Company is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in 3M Company

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for 3M Company. Find the share by name or ticker symbol: MMM. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until 3M Company reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$128.19, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of 3M Company, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of 3M Company. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.

Have 3M Company's shares ever split?

3M Company's shares were split on a 1196:1000 basis on 31 March 2024. So if you had owned 1000 shares the day before the split, the next day you would own 1196 shares. This wouldn't directly have changed the overall worth of your 3M Company shares – just the quantity. However, indirectly, the new 16.4% lower share price could have impacted the market appetite for 3M Company shares which in turn could have impacted 3M Company's share price.

3M Company shares at a glance

Information last updated 2024-11-13.
52-week range US$74.2459 - US$141.34
50-day moving average US$132.7602
200-day moving average US$107.5961
Target price US$144.74
PE ratio 13.5655
Dividend yield US$4.41 (2.15%)
Earnings per share (TTM) US$9.69

3M Company share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

3M Company price performance over time

Historical closes compared with the last close of $128.19

1 week (2024-11-13) -2.48%
1 month (2024-10-21) -4.93%
3 months (2024-08-20) 0.38%
6 months (2024-05-20) 21.84%
1 year (2023-11-21) 63.12%
2 years (2022-11-21) 20.12%
3 years (2021-11-19) -14.46%
5 years (2019-11-21) -7.16%

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy 3M Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

3M Company share price volatility

Over the last 12 months, 3M Company's shares have ranged in value from as little as US$74.2459 up to US$141.34. A popular way to gauge a stock's volatility is its "beta".

MMM.US volatility(beta: 1)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while 3M Company's is 1.001. This would suggest that 3M Company's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

3M Company financials

Revenue TTM US$32.6 billion
Operating margin TTM 21.43%
Gross profit TTM US$15 billion
Return on assets TTM 9.03%
Return on equity TTM 113.29%
Profit margin 13.45%
Book value 8.524
Market capitalisation US$71.6 billion
EBITDA US$8.1 billion

TTM: trailing 12 months

3M Company share dividends

45%

Dividend payout ratio: 44.92% of net profits

Recently 3M Company has paid out, on average, around 44.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.15% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), 3M Company shareholders could enjoy a 2.15% return on their shares, in the form of dividend payments. In 3M Company's case, that would currently equate to about $4.41 per share.

While 3M Company's payout ratio might seem fairly standard, it's worth remembering that 3M Company may be investing much of the rest of its net profits in future growth.

3M Company's most recent dividend payout was on 11 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 November 2024 (the "ex-dividend date").

3M Company's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like 3M Company.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

3M Company's total ESG risk score

Total ESG risk: 35.86

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and 3M Company's overall score of 35.86 (as at 12/31/2018) is pretty weak – landing it in it in the 76th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like 3M Company is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

3M Company's environmental score

Environmental score: 12.29/100

3M Company's environmental score of 12.29 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that 3M Company is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

3M Company's social score

Social score: 16/100

3M Company's social score of 16 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that 3M Company is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

3M Company's governance score

Governance score: 8.57/100

3M Company's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that 3M Company is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

3M Company's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. 3M Company scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that 3M Company hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

3M Company was last rated for ESG on: 2019-01-01.

Total ESG score 35.86
Total ESG percentile 75.92
Environmental score 12.29
Environmental score percentile 4
Social score 16
Social score percentile 4
Governance score 8.57
Governance score percentile 4
Level of controversy 3

3M Company overview

3M Company provides diversified technology services in the United States and internationally. The company's Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. Its Transportation and Electronics segment provides ceramic solutions; attachment/bonding products, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; semiconductor production materials; data centers solutions; and reflective signage for highway, and vehicle safety. The company's Consumer segment provides consumer bandages, braces, supports, and consumer respirators; home cleaning products; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.

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