Peltz's Trian Reportedly Builds Stake In 3M Spinoff Solventum
$MMM
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Medical/Dental Instruments
Health Care
Medical/Dental Instruments
Health Care
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 11/13/2024 | $184.00 | Neutral → Buy | UBS | |
| 10/22/2024 | Hold → Buy | Melius | ||
| 10/8/2024 | $82.00 | Buy | Stifel | |
| 10/7/2024 | $71.00 | Neutral | Piper Sandler | |
| 9/26/2024 | Peer Perform | Wolfe Research | ||
| 9/6/2024 | $125.00 | Underweight | Morgan Stanley | |
| 9/5/2024 | Neutral | BTIG Research | ||
| 7/30/2024 | $145.00 | Hold → Buy | Argus |
For Immediate Release: January 22, 2021 The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic: The FDA’s Office of Criminal Investigations recently investigated a case that has led to an arrest and the filing of a criminal complaint by the U.S. Department of Justice for introducing misbranded drugs into interstate commerce. The criminal investigation found th
UBS upgraded 3M from Neutral to Buy and set a new price target of $184.00
Melius upgraded 3M from Hold to Buy
Stifel initiated coverage of Solventum Corporation with a rating of Buy and set a new price target of $82.00
SC 13G/A - Solventum Corp (0001964738) (Subject)
SC 13G/A - Solventum Corp (0001964738) (Subject)
SC 13G/A - 3M CO (0000066740) (Subject)
ST. PAUL, Minn., Oct. 10, 2024 /PRNewswire/ -- Solventum (NYSE:SOLV) announced today that Dr. Ryan Egeland, MD, has been named chief medical officer. Dr. Egeland is responsible for leading Solventum's Global Medical and Clinical Affairs team, amplifying the voice of clinicians and patients. In this role, he will focus on fostering industry collaboration and identifying innovation and market expansion opportunities at the intersection of scientific rigor, clinical need, and commercial practicality. Dr. Egeland will report to Chris Barry, executive vice president and group presi
3M's docuseries debuts at Fast Company Innovation Festival ahead of New York Climate WeekCollaboration with Work on Climate will address the critical need for more green talent and provide resources for professionals3M to emphasize importance of inspiring the workforce, closing the skills gap and developing a green economy talent pipeline during New York Climate Week eventsST. PAUL, Minn., Sept. 18, 2024 /PRNewswire/ -- 3M is premiering a new global docuseries today, "Green Works," to spotlight individuals working to address climate challenges and the critical need for more talent to support the green transition. The film, produced by 3M in partnership with Generous Films, features five indi
Anurag Maheshwari to join 3M on September 1 ST. PAUL, Minn., Aug. 1, 2024 /PRNewswire/ -- 3M (NYSE:MMM) announced today that Anurag Maheshwari is appointed Executive Vice President and Chief Financial Officer (CFO), effective September 1, 2024. Maheshwari currently serves as Executive Vice President and Chief Financial Officer for Otis Worldwide Corporation (Otis), a global leader in the manufacture, installation, and servicing of elevators and escalators, with customers and passengers in more than 200 countries and territories. He joins 3M with proven experience as a chief financial officer and expertise across financial and business functions, including strategic planning, operations, inve
Transform your space with these fun and unexpected holiday room designs ST. PAUL, Minn., Nov. 20, 2024 /PRNewswire/ -- Command™ Brand is partnering with New York Times bestselling author and food and entertaining expert Ayesha Curry to help holiday enthusiasts go big and bold with new and unexpected ways to decorate this season. Inspired by her love of the holidays and hosting family and friends, Ayesha helped curate and introduce four unique trends at the Command™ Brand Holiday House in New York City. From rooms adorned with warm classic colors like red, green and gold to monochromatic palettes and bold luxe statement pieces, these trends are sure to bring holiday magic you can feel.
ST. PAUL, Minn., Nov. 19, 2024 /PRNewswire/ -- 3M (NYSE:MMM) today announced the following investor event: Goldman Sachs Industrials and Materials Conference on Thursday, Dec. 5, 2024. Bill Brown, Chief Executive Officer, and Anurag Maheshwari, Executive Vice President and Chief Financial Officer, will speak at 8:40 a.m. ET.This event will be webcast live and a replay will be available on 3M's Investor Relations website at http://investors.3M.com. About 3M3M (NYSE:MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what's possible, our global team uniquely addresses the opportunities and challenges of our customer
ST. PAUL, Minn., Nov. 19, 2024 /PRNewswire/ -- Solventum (NYSE:SOLV) announced today that its executives will participate in a fireside chat at the Piper Sandler 36th Annual Healthcare Conference on Wednesday, December 4, 2024 at 11:30 a.m. ET in New York, NY. A live and archived replay of the fireside chat will be available on the company's website at investors.solventum.com. About SolventumAt Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers' toughest challenges, w
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AAL PUT TRADE BEARISH 07/26/24 $10.50 $795.0K 51.7K 16.8K UPS CALL SWEEP BEARISH 09/20/24 $130.00 $78
UPS: -9% | United Parcel Service Q2 2024 Adj EPS $1.79 Misses $1.99 Estimate, Sales $21.820B Miss $22.183B Estimate SOLV: 6.9% | Solventum shares are trading higher following a report suggesting Trian has built a stake in the company. TUSK: 57% | Mammoth Energy Services shares are trading higher after the company announced its subsidiary, Cobra Acquisitions, entered into a release and settlement agreement with the Puerto Rico Electric Power Authority.
4 - 3M CO (0000066740) (Issuer)
4 - 3M CO (0000066740) (Issuer)
4 - 3M CO (0000066740) (Issuer)
S-4 - Solventum Corp (0001964738) (Filer)
SCHEDULE 13G - Solventum Corp (0001964738) (Subject)
IRANNOTICE - Solventum Corp (0001964738) (Filer)
Reported sales increased 0.4% to $2.082 billion; organic sales increased 0.3%GAAP Earnings Per Share (EPS) of $0.70; adjusted EPS1 of $1.64Generated $169 million in cash from operations; free cash flow1 of $76 millionRaises full-year 2024 organic sales growth, adjusted EPS and free cash flow guidanceST. PAUL, Minn., Nov. 7, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV) today reported financial results for the third quarter ended September 30, 2024. "We have now delivered consecutive quarters of outperformance against our expectations, and based on these results, we are again rai
ST. PAUL, Minn., Nov. 5, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.70 per share for the fourth quarter of 2024. The dividend is payable Dec. 12, 2024, to shareholders of record at the close of business on Nov. 15, 2024. 3M has paid dividends to its shareholders without interruption for more than 100 years. As of Sept. 30, 2024, 3M had 544,558,607 common shares outstanding and 57,636 shareholders of record. About 3M 3M (NYSE:MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what's possible, our global team uniquely addresses the opportu
Sales of $6.3 billion, up 0.4% YoYAdjusted sales of $6.1 billion with organic growth up 1.0% YoYGAAP EPS from continuing operations of $2.48, up 154% YoYAdjusted EPS from continuing operations of $1.98, up 18% YoYOperating cash flow of $(1.8) billion with adjusted free cash flow of $1.5 billionUpdating full-year 2024 adjusted EPS from continuing operations to $7.20 to $7.30 from $7.00 to $7.30ST. PAUL, Minn., Oct. 22, 2024 /PRNewswire/ -- 3M (NYSE:MMM) today reported third-quarter results. "The 3M team delivered another quarter of strong operational execution, resulting in a double-digit increase in adjusted earnings along with solid adjusted free cash flow generation," said William Brown, 3
