- 3M Board Declares Quarterly Dividend
May 12, 2026
ST. PAUL, Minn., May 12, 2026 /PRNewswire/ -- The 3M Company Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.78 per share for the second quarter of 2026. The dividend is payable June 12, 2026, to shareholders of record at the close of business on May 22, 2026.
3M has paid dividends to its shareholders without interruption for more than 100 years.
About 3M 3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.
Investor Contact:
Diane Farrow
612-202-2449
Media Contact:
3Mnews@mmm.com3M (PRNewsfoto/3M)Cision
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- 3M Annual Meeting Results
May 12, 2026
ST. PAUL, Minn., May 12, 2026 /PRNewswire/ -- At today's Annual Meeting of Shareholders, 3M (NYSE:MMM) shareholders overwhelmingly supported each of the proposals recommended for approval by the company.
Preliminary Shareholder Voting Results
3M shareholders today voted on the following business items:
1) Shareholders supported 10 directors for one-year terms:
David P. Bozeman, President, Chief Executive Officer and Director, C.H. Robinson Worldwide, Inc. Thomas "Tony" K. Brown, retired Group Vice President, Global Purchasing, Ford Motor Company William M. "Bill" Brown, Chairman of the Board and Chief Executive Officer, 3M Company Audrey Choi, retired Chief Sustainability Officer and Management Committee Member, Morgan Stanley Anne H. Chow, retired Chief Executive Officer, AT&T Business James R. Fitterling, Chair and Chief Executive Officer, Dow Inc. Suzan Kereere, President, Global Markets, PayPal Neil G. Mitchill, Jr., Executive Vice President and Chief Financial Officer, RTX Corporation Pedro J. Pizarro, President, Chief Executive Officer and Director, Edison International Thomas W. Sweet, retired Chief Financial Officer, Dell Technologies
2) Shareholders supported the appointment of PricewaterhouseCoopers LLP as 3M's independent registered public accounting firm for 2026.
3) Shareholders supported, on an advisory basis, executive compensation, as described in the company's Notice of Annual Meeting and Proxy Statement.
3M will disclose the final voting results on each item of business properly presented at the Annual Meeting on Form 8-K to be filed with the SEC.
About 3M 3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.
Please note that the company announces material financial, business and operational information using the 3M investor relations website, SEC filings, press releases, public conference calls and webcasts. The company also uses the 3M News Center and social media to communicate with our customers and the public about the company, products and services and other matters. It is possible that the information 3M posts on the News Center and social media could be deemed to be material information. Therefore, the company encourages investors, the media and others interested in 3M to review the information posted on 3M's News Center and the social media channels such as @3M or @3MNews.
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Contacts
3M Investor Contact: Diane Farrow, 612-202-2449
Media Contact: 3Mnews@mmm.com3M (PRNewsfoto/3M)Cision
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- New coalition launches to advance and scale optical connections for AI data centers
May 12, 2026
Multi-source agreement will accelerate open standards for optical connectivity
ST. PAUL, Minn., May 12, 2026 /PRNewswire/ -- 3M (NYSE: MMM) today announced it has joined a group of leading technology companies to establish a new multi-source agreement (MSA) focused on advancing open, interoperable specifications for expanded beam optical (EBO) connectivity in AI infrastructure. Expanded beam optical technology is increasingly seen as a critical enabler for AI infrastructure, offering advantages in reliability, ease of maintenance, and performance in high-density environments. As hyperscale and enterprise AI deployments grow, standardized approaches to optical connectivity are expected to play a key role in reducing complexity and accelerating time to deployment.3M (PRNewsfoto/3M)
The MSA brings together industry leaders including 3M, Accelink, Aperion, AMD, Amphenol, Arista Networks, Cisco, Meta, Molex, Nexthop-ai, Oracle, Senko, Source Photonics, Sumitomo, TE Connectivity, viaPhoton, and Xscape Photonics to collaboratively develop standardized specifications for a range of EBO connector solutions. The effort is designed to accelerate deployment of high-performance optical interconnects required to support the rapid scaling of AI data centers.
"As AI workloads scale, the physical layer of data centers is being pushed to new limits — requiring optical connectivity solutions that are not only high-performance, but also interoperable and scalable across a growing ecosystem," said Alex An, vice president, 3M data center vertical. "By participating in this MSA, 3M is helping enable an open, standards-based approach that can accelerate adoption, improve reliability, and support the next generation of AI infrastructure."
The MSA will provide a collaborative framework for members to contribute to a shared specification covering multiple EBO connector configurations.
"The increasing bandwidth density and scale of AI networks are driving the need for a highly resilient Layer 1, which today relies on multi-fiber physical contact connectors," said Rajagopal Subramaniyan, senior vice president, OCI networking, Oracle. "Strict connector hygiene requirements slow network builds and add operational overhead for ongoing link triage. Expanded beam technology can overcome these bottlenecks, enabling more resilient cluster topologies and future rack-scale optical architectures. Reflecting Oracle's commitment to innovation and industry leadership, we are pleased to serve as co-chair in the formation of the EBO MSA, which is essential to establishing a diverse supplier ecosystem for hyperscale cloud and AI operators."
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3M's participation in the MSA builds on its broader commitment to advancing data center innovation through materials science — including solutions that help enable reliable connectivity, manage heat and power, and support resilient infrastructure at scale. As momentum builds across the ecosystem, additional contributors to the MSA are underscoring the importance of open, standardized approaches to expanded beam connectivity.
"As optical data networks scale and evolve rapidly, the industry faces increasing demand for solutions that deliver not only high performance, but also reliability and ease of deployment and operation," said Jim Hasegawa, president of the Optical Communications Division at SENKO Advanced Components, Inc. "Expanded beam optical technology directly addresses these needs, especially as the industry moves toward open, consistent standards that enable seamless integration across transceivers, backplanes, and cable assemblies."
The MSA is open to additional members across the data center and networking ecosystem. The initial technical working group has begun development of the first connector specification. More information can be found at www.ebomsa.org, or by contacting the EBO MSA administrator and co-chair, Richard Ward, at admin@ebomsa.org.
About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.3M has joined a coalition of leading technology companies to establish a multi-source agreement (MSA) advancing open, interoperable expanded beam optical (EBO) connectivity standards for AI infrastructure.Cision
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- Is It Time To Reassess 3M (MMM) After PFAS Settlement And Restructuring Efforts?
May 1, 2026
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide.
If you are wondering whether 3M at around US$146.52 is a bargain, fully priced, or somewhere in between, it helps to break the story into clear valuation checks rather than just scanning the share price chart. The stock has returned 1.2% over the last 7 days and 0.9% over the last 30 days, with a year to date return of 9.5% decline and a 1 year return of 8.2%. This points to a mix of shorter term softness and longer term recovery, alongside a very large 3 year return and a modest 5 year result. Recent moves in 3M's share price have come as the company continues to work through major legal settlements and restructuring efforts that investors have been watching closely. Headlines around these issues, as well as shifting sentiment toward large industrial names more broadly, help explain why returns have varied so much across different time frames. On Simply Wall St's valuation model, 3M scores a 4 out of 6 on its value checks. The sections ahead will walk through those methods in detail, before finishing with a broader way to think about what the current price really implies.
3M delivered 8.2% returns over the last year. See how this stacks up to the rest of the Industrials industry.
Approach 1: 3M Discounted Cash Flow (DCF) Analysis
A Discounted Cash Flow model estimates what a company might be worth by projecting the cash it could generate in the future and then discounting those cash flows back to today. It focuses on cash rather than accounting earnings, which many investors find easier to connect to value.
For 3M, the model used is a 2 Stage Free Cash Flow to Equity approach, based on cash flows in US$. The latest twelve month free cash flow is about $1.79b. Analysts provide detailed estimates for the next few years, and Simply Wall St then extrapolates further to build a longer runway of projections.
On this basis, 3M's projected free cash flow for 2030 is $4.94b, with a full set of ten year projections ranging from about $3.82b in 2026 to $6.00b in 2035 before discounting. After applying the discounting process, the model arrives at an estimated intrinsic value of $196.68 per share, compared with the recent share price of about $146.52. That implies the stock screens as roughly 25.5% undervalued under this method.
Result: UNDERVALUED
Our Discounted Cash Flow (DCF) analysis suggests 3M is undervalued by 25.5%. Track this in your watchlist or portfolio, or discover 51 more high quality undervalued stocks.
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MMM Discounted Cash Flow as at May 2026
Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for 3M.
Approach 2: 3M Price vs Earnings
For a consistently profitable company like 3M, the P/E ratio is a useful yardstick because it relates what you pay for each share directly to the earnings that support that price. Investors typically expect higher P/E ratios when they see stronger growth potential and lower perceived risk, and lower P/E ratios when growth looks more muted or risks feel higher.
3M currently trades on a P/E of 27.42x. That is higher than the wider Industrials sector average P/E of 13.39x, but lower than the peer group average of 32.61x. To refine that comparison, Simply Wall St uses a proprietary “Fair Ratio”, which is the P/E multiple the company might warrant given factors such as its earnings profile, industry, profit margins, market cap and risk characteristics. For 3M, this Fair Ratio is 31.98x.
This Fair Ratio approach can be more informative than a simple peer or industry comparison because it adjusts for 3M's own mix of strengths and risk factors rather than assuming all companies should trade on the same multiple. With the current P/E of 27.42x sitting below the Fair Ratio of 31.98x, the shares screen as trading at a discount on this metric.
Result: UNDERVALUEDNYSE:MMM P/E Ratio as at May 2026
P/E ratios tell one story, but what if the real opportunity lies elsewhere? Start investing in legacies, not executives. Discover our 18 top founder-led companies.
Upgrade Your Decision Making: Choose your 3M Narrative
Earlier it was mentioned that there is an even better way to understand valuation, so Narratives are introduced here as your way of attaching a clear story about 3M to specific assumptions for future revenue, earnings and margins. This links that story to a financial forecast and then to a Fair Value that can be compared with the current price to help you judge whether 3M looks attractive, stretched or somewhere in between.
On Simply Wall St's Community page, Narratives are available as an easy to use tool that sits on top of the same valuation engine used in this article. You can see, for example, a more optimistic 3M view with a Fair Value of about US$223.59 and a cautious view nearer US$113.59, and then decide which story, set of assumptions and implied Fair Value you find more realistic.
Because these Narratives update automatically when new earnings, news or guidance is added, you are not locked into a static spreadsheet. Instead, you can keep tracking how your chosen 3M story evolves and whether the gap between Fair Value and share price still supports your decision to hold, add or reduce exposure.
For 3M, however, we will make it really easy for you with previews of two leading 3M Narratives:
🐂 3M Bull Case
Fair value in this bullish narrative: US$177.32 per share.
Implied discount to this fair value at US$146.52: about 17.4% undervalued.
Assumed annual revenue growth: 2.24%.
Focus on product development, efficiency gains and higher margin segments is expected to support revenue and margin expansion over time. Analysts in this camp see PFAS and other legal issues as manageable within current settlement structures, with cash generation and buybacks supporting the balance sheet. The narrative assumes modest revenue growth, higher profit margins and a mid 20s P/E by 2028, which together underpin an analyst consensus price target close to this fair value.
🐻 3M Bear Case
Fair value in this bearish narrative: US$125.70 per share.
Implied premium to this fair value at US$146.52: about 16.6% overvalued.
Assumed annual revenue growth: 1.16%.
PFAS litigation, tighter regulation and sustainability requirements are expected to keep legal, compliance and restructuring costs high for many years. Concerns include pressure on some legacy product lines, complex supply chains and portfolio reshaping that could weigh on margins and growth. This view lines up with the lower end of analyst targets, with a fair value that assumes only modest revenue growth, higher margins but a materially lower future P/E multiple.
If you want to see these stories in full and compare them with your own assumptions, you can review the Narratives directly on Simply Wall St where they are mapped to detailed forecasts and valuation work for 3M.
Do you think there's more to the story for 3M? Head over to our Community to see what others are saying!NYSE:MMM 1-Year Stock Price Chart
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include MMM.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- MMM Gains From Business Strength Amid Persisting Headwinds
May 1, 2026
3M Company MMM is poised to gain from strength in the Safety and Industrial segment, driven by strength in personal safety, industrial adhesives and tapes, abrasives and electrical markets. Stable demand for electrical infrastructure products like medium voltage cable accessories and insulation tapes augurs well for the segment. Also, new product launches and an increase in demand for industrial adhesives and electronics bonding solutions bode well for it.
Solid momentum in the semiconductor, data center, aerospace and defense, commercial branding and automotive markets, driven by demand for new products and expanding sales coverage, is aiding the Transportation and Electronics segment. Strength in the transportation and aerospace end markets is also proving beneficial for the segment.
3M believes in expanding its market presence, solidifying its customer base and enhancing product offerings through acquisitions. In March 2026, the company entered into a partnership with Bain Capital to acquire Madison Fire & Rescue for $1.95 billion. Under the agreement, the two companies will establish a joint venture where 3M will contribute its Scott Safety business, receive $700 million in cash and hold a 50.1% stake, while Bain Capital will own 49.9%. The transaction is expected to strengthen the company’s safety portfolio and is anticipated to close in the second half of 2026, subject to customary closing conditions. In April 2022, 3M acquired the technology assets of LeanTec. The acquisition has strengthened its ability to deliver a more connected, digital bodyshop solution via its RepairStack Performance Solutions.
MMM’s commitment to rewarding shareholders through dividends and share buybacks is encouraging. In the first quarter of 2026, the company rewarded its shareholders with $412 million in dividends and $2 billion in buybacks. In February 2025, 3M's board of directors authorized a new share repurchase program of up to $7.5 billion, replacing the November 2018 program. This authorization has no expiry date. At the end of the first quarter of 2026, the company had approximately $2.7 billion remaining under the share repurchase program. Also, in February 2026, it hiked its quarterly dividend by 6.8%.
However, softness in the consumer retail end markets, owing to subdued consumer discretionary spending, remains a concern for the Consumer segment. Persistent softness in the automotive aftermarket and weakness in the roofing granules business are concerning for 3M. Weaknesses in the packaging and expression and home improvement businesses are a headwind for the company.
Cost inflation is weighing on 3M’s operations. In the first quarter of 2026, the company’s cost of sales was up 2.8% year over year. The cost of sales, as a percentage of total revenues, climbed 90 basis points to reach 59.3% in the same period. This upward trajectory in costs results from increased tariff-related costs and cost dis-synergies from the PFAS manufacturing exit.
3M, which belongs to the Diversified Operations industry, faces stiff competition from peers like Honeywell International Inc. HON, ITT Inc. ITT and Carlisle Companies Incorporated CSL.
Story Continues
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- Stock Market News for May 1, 2026
May 1, 2026
Wall Street closed sharply higher on Thursday, driven by communication services and industrial stocks. Investor sentiment was upbeat despite surging crude prices as solid corporate earnings and fresh economic data shaped inflation and growth outlook. All three benchmark indexes ended in the green.
How Did the Benchmarks Perform?
The Dow Jones Industrial Average (DJI) rose 1.6%, or 790.33 points, to close at 49,652.14. Twenty-two components of the 30-stock index ended in positive territory, while eight ended in negative.
The tech-heavy Nasdaq Composite added 219.07 points, or 0.9%, to close at 24,892.31.
The S&P 500 gained 73.05 points, or 1%, to close at 7,209.00. Seven of the 11 broad sectors of the benchmark index closed in the red. The Communication Services Select Sector SPDR (XLC), the Industrials Select Sector SPDR (XLI) and the Utilities Select Sector SPDR (XLU) advanced 4%, 2.8% and 2.6% respectively, while the Technology Select Sector SPDR (XLK) declined 0.6%.
The fear gauge CBOE Volatility Index (VIX) decreased 10.2% to 16.89. A total of 17 billion shares were traded on Thursday, lower than the last 20-session average of 17.7 billion. Advancers outnumbered decliners by a 4.1-to-1 ratio on the NYSE, and by a 2.8-to-1 ratio on the Nasdaq.
Wall Street Rallies as Earnings Strength Outweighs Oil Shock
Wall Street ended April on a strong note. Investor sentiment was lifted by a wave of solid corporate earnings that reassured markets about business resilience despite global uncertainty.
Concerns over a war-driven oil supply shock had earlier pushed crude prices to multi-year highs, unsettling investors. However, easing oil prices toward the end of the session helped temper inflation fears and restore confidence. At the same time, fresh economic data pointed to steady U.S. growth, easing worries about a slowdown and reinforcing expectations that the economy remains on a stable footing. Markets largely looked past geopolitical tensions, focusing instead on improving fundamentals and earnings strength. Sectors such as communication services and industrials led the rally, reflecting renewed optimism about both consumer demand and business activity.
Consequently, shares of The Walt Disney Company DIS and 3M Company MMM added 2.4% and 1.8%, respectively. Both currently carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Monthly Roundup
In April, the Nasdaq Composite, the S&P 500 and the Dow Jones Industrial Average advanced 15.3%, 10.4% and 7.1%, respectively. The S&P 500 and the Nasdaq Composite capped their biggest monthly gains in years. On the whole, April stood out as a month where resilient earnings, stabilizing energy markets and reassuring macroeconomic signals combined to drive a broad-based recovery in equities.
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Oil Prices Retreat After Spike on Middle East Tensions
Global oil prices eased after climbing to four-year highs above $126/barrel earlier on Thursday as fears grew that a possible U.S-Iran military escalation could disrupt Middle East supply and hurt the global economy. Brent Crude touched $126.41 before settling at $114.01, while WTI Crude fell to $105.07. President Trump was set to receive a briefing on potential fresh military strikes on Iran aimed at pushing negotiations.
Economic Data
For the week ending April 25, initial jobless claims came in at 189,000, a decrease of 26,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 214,000 to 215,000. The four-week moving average was 207,500, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 250 from 210,750 to 211,000.
For the week ending April 18, continuing claims came in at 1,785,000, a decrease of 23,000 from the previous week's revised level. The previous week's level was revised down by 13,000 from 1,821,000 to 1,808,000. The four-week moving average was 1,797,250, a decrease of 11,750 from the previous week's revised average. The previous week's average was revised down by 3,250 from 1,812,250 to 1,809,000.
Per the Bureau of Economic Analysis, PCE inflation for March was at 0.7%, after rising 0.4% in February. Core PCE rose 0.3%, after rising 0.4% in February. Personal Income gained 0.6% in March after remaining unchanged in February, while Personal Spending rose 0.9% after jumping 0.6% in February. Personal Savings Rate remained unchanged at 4%.
GDP Advance Estimate for first-quarter 2026 came in at 2%, after the economy grew 0.5% in fourth-quarter 2025.
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- RBC Capital Markets Sees Limited Upside in 3M (MMM), Maintains Underperform Rating
Apr 30, 2026
3M Company (NYSE:MMM) is included among the 10 Innovative Dividend Stocks to Buy Right Now.RBC Capital Markets Sees Limited Upside in 3M (MMM), Maintains Underperform Rating
On April 22, RBC Capital Markets analyst Deane Dray lowered the firm’s price target on 3M Company (NYSE:MMM) to $133 from $134 and kept an Underperform rating on the shares. The analyst said the company delivered a modest and low-quality Q1 operating beat. He pointed to FX tailwinds and higher-than-expected corporate income as key drivers. He also noted that customer pre-buying ahead of price increases, aimed at offsetting oil-related inflation, contributed to double-digit order growth, the analyst tells investors in a research note. RBC added that operational excellence metrics continue to improve. The firm also highlighted a pipeline of new product launches.
3M Company is widely known for inventing Post-it Notes. They are now used across offices, classrooms, and homes around the world. The company introduced Scotch tape in 1930. It was originally designed to seal cellophane food wrappers. Over time, the product gained widespread use. It became a common tool for everyday tasks, from gift wrapping to basic household fixes.
3M Company (NYSE:MMM) operates as a diversified technology company. It manufactures and markets a wide range of products and services. Its segments include Safety and Industrial, Transportation and Electronics, and Consumer.
While we acknowledge the potential of MMM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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- Stanley Black's Q1 Earnings Beat Estimates, Revenues Rise Y/Y
Apr 29, 2026
Stanley Black & Decker, Inc. SWK reported first-quarter 2026 adjusted earnings of 80 cents per share, which beat the Zacks Consensus Estimate of 61 cents. The bottom line increased 6.7% year over year.
Stanley Black’s net sales of $3.85 billion beat the consensus estimate of $3.74 billion. The top line increased 2.7% from the year-ago quarter.
Stanley Black’s Segmental Discussion
Effective from the first quarter of 2025, SWK has renamed the Industrial segment as the Engineered Fastening segment. It had no impact on the company's consolidated financial statements or segment results.
Revenues from the company’s primary segment, Tools & Outdoor, totaled $3.34 billion, which increased 2% from the year-ago quarter. However, the segment’s organic revenues decreased 1%. Our estimate was $3.29 billion.
Revenues from the Engineered Fastening segment grossed $511 million, up 10% year over year. The segment’s organic revenues increased 7%. Our estimate was $459.3 million.
Stanley Black & Decker, Inc. Price, Consensus and EPS Surprise
Stanley Black & Decker, Inc. price-consensus-eps-surprise-chart | Stanley Black & Decker, Inc. Quote
SWK’s Margin Profile
Stanley Black’s cost of sales was up 2.5% year over year to $2.69 billion. The gross profit increased 3.3% year over year to $1.16 billion. The gross margin increased 20 basis points (bps) year over year to 30.1%.
Selling, general and administrative expenses increased 2% year over year to $884.0 million. Adjusted EBITDA was $354.7 million, indicating a year-over-year decrease of 2%. The margin decreased 50 bps to 9.2%.
SWK’s Balance Sheet and Cash Flow
While exiting the first quarter, Stanley Black had cash and cash equivalents of $333.7 million compared with $280.1 million at the end of fourth-quarter 2025. The long-term debt balance was $4.70 billion, in line with the figure reported at the end of fourth-quarter 2025.
In the first three months of 2026, net cash used for operating activities was $388.8 million compared with $420 million used in the year-ago period. Capital and software expenditures totaled $58.5 million, down from $65 million reported in the year-ago period. Free cash flow (before dividends) was ($447.3) million compared with ($485.0) million a year ago.
In the first three months of 2026, SWK paid out dividends worth $126 million to its shareholders, up 1.2% from the year-ago period.
SWK’s 2026 Guidance
Stanley Black updated its 2026 guidance. The company now anticipates earnings to be $4.15-$5.35 per share compared with $3.15-$4.35 expected earlier. Adjusted earnings are projected to be $4.90-$5.70 per share. The company targets to generate annual free cash flow (non-GAAP) of $700-$900 million, increasing 16% at the midpoint.
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SWK’s Zacks Rank
The company currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Companies
Graco Inc. GGG posted quarterly earnings of 66 cents per share in the first quarter of 2026, missing the Zacks Consensus Estimate of 75 cents per share. This compares with earnings of 70 cents per share a year ago.
Graco posted revenues of $540.1 million for the quarter, missing the Zacks Consensus Estimate by 3.5%. This compares with year-ago revenues of $528.3 million.
Danaher Corporation’s DHR first-quarter 2026 adjusted earnings of $2.06 per share beat the Zacks Consensus Estimate of $1.95. The bottom line increased 9.6% year over year.
Danaher reported net sales of $5.95 billion, which missed the consensus estimate of $5.99 billion. However, the metric increased 3.5% year over year.
3M Company MMM delivered adjusted earnings of $2.14 per share in the first quarter of 2026, which surpassed the Zacks Consensus Estimate of $2.02. The bottom line increased 14% year over year.
MMM’s adjusted revenues of $6.00 billion missed the consensus estimate of $6.02 billion. On an adjusted basis, organic revenues increased 1.2% year over year.
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- Ingersoll Rand's Q1 Earnings & Revenues Top Estimates, Up Y/Y
Apr 29, 2026
Ingersoll Rand Inc. IR reported first-quarter 2026 adjusted earnings of 77 cents per share, which surpassed the Zacks Consensus Estimate of 74 cents. The bottom line increased 7% year over year.
Total revenues of $1.85 billion beat the consensus estimate of $1.83 billion. The top line increased 7.6% year over year. Acquisitions contributed 3.7% to revenues while organic revenues inched down 0.3%. Foreign currency movements had a positive impact of 4.2%.
Orders totaled $1.98 billion, up 5.1% year over year. However, organically, orders decreased 1.9%.
IR’s Segmental Discussion
The Industrial Technologies & Services segment generated revenues of $1.45 billion, accounting for 78.2% of net revenues. Sales increased 6.8% year over year. Acquisitions contributed 4.2%, while movement in foreign currencies also had a positive impact of 4.2%. However, the segment’s organic sales decreased 1.6%. Our estimate for the segment’s sales was $1.44 billion.
Segmental orders were up 4.8%. Adjusted EBITDA decreased 1% year over year to $386 million. Our estimate for adjusted EBITDA was $395.3 million.
The Precision & Science Technologies segment’s revenues totaled $403 million, representing 21.8% of net revenues. Our estimate for segmental revenues was $378.6 million. On a year-over-year basis, the segment’s revenues increased 10.4%. Organic sales increased 4.4% while movement in foreign currencies had a positive impact of 3.9%. Acquisitions contributed 2.1% to revenue growth.
The segment’s orders increased 6.3% on a year-over-year basis. Adjusted EBITDA increased 15% year over year to $122 million. Our estimate for adjusted EBITDA was $107.8 million.
Ingersoll Rand Inc. Price, Consensus and EPS Surprise
Ingersoll Rand Inc. price-consensus-eps-surprise-chart | Ingersoll Rand Inc. Quote
IR’s Margin Profile
IR's cost of sales increased 10.9% year over year to $1.05 billion. Selling and administrative expenses were up 5.9% to $370.7 million.
Adjusted EBITDA increased 2% year over year to $469.1 million. The margin decreased to 25.4% from 26.8% in the year-ago period.
Balance Sheet & Cash Flow of IR
While exiting the first quarter, Ingersoll Rand had cash and cash equivalents of $1.27 billion compared with $1.25 billion at the end of December 2025. Long-term debt (less of current maturities) was $4.78 billion, in line with the figure reported in December 2025.
In the first three months of 2026, the company paid out dividends of $7.8 million and repurchased treasury stocks worth $89.5 million.
For the first three months, IR generated net cash of $199.7 million from operating activities, down 22.1% year over year. Capital expenditure totaled $36.3 million compared with $33.7 million in the year-ago quarter. Free cash flow decreased 26.6% to $163.4 million.
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Ingersoll Rand’s 2026 Outlook
Ingersoll Rand reaffirmed its 2026 guidance. The company expects revenues to increase 2.5-4.5% year over year. Organic revenues are estimated to increase in the range of 0-2%. Foreign currency translation and acquisitions are expected to have a positive impact of approximately 0.5% and 2%, respectively, on revenues.
Adjusted EBITDA is expected to be in the $2.13-$2.19 billion band, indicating an increase of 3-6% from the prior-year level. Adjusted earnings are anticipated to be in the range of $3.45 - $3.57 per share. This indicates 5% growth at the mid point from the year-earlier actual.
IR’s Zacks Rank & Stocks to Consider
The company currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Companies
Graco Inc. GGG posted quarterly earnings of 66 cents per share in the first quarter of 2026, missing the Zacks Consensus Estimate of 75 cents per share. This compares with earnings of 70 cents per share a year ago.
Graco posted revenues of $540.1 million for the quarter, missing the Zacks Consensus Estimate by 3.5%. This compares with year-ago revenues of $528.3 million.
Danaher Corporation’s DHR first-quarter 2026 adjusted earnings of $2.06 per share beat the Zacks Consensus Estimate of $1.95. The bottom line increased 9.6% year over year.
Danaher reported net sales of $5.95 billion, which missed the consensus estimate of $5.99 billion. However, the metric increased 3.5% year over year.
3M Company MMM delivered adjusted earnings of $2.14 per share in the first quarter of 2026, which surpassed the Zacks Consensus Estimate of $2.02. The bottom line increased 14% year over year.
MMM’s adjusted revenues of $6.00 billion missed the consensus estimate of $6.02 billion. On an adjusted basis, organic revenues increased 1.2% year over year.
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This article originally published on Zacks Investment Research (zacks.com).
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- 1 of Wall Street’s Favorite Stock Worth Your Attention and 2 Facing Challenges
Apr 29, 2026
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Unlike the investment banks, we created StockStory to provide independent analysis that helps you determine which companies are truly worth following. That said, here is one stock likely to meet or exceed Wall Street’s lofty expectations and two where its enthusiasm might be excessive.
Two Stocks to Sell:
Nike (NKE)
Consensus Price Target: $61.68 (36.3% implied return)
Originally selling Japanese Onitsuka Tiger sneakers as Blue Ribbon Sports, Nike (NYSE:NKE) is a global titan in athletic footwear, apparel, equipment, and accessories.
Why Do We Pass on NKE?
Constant currency revenue growth has disappointed over the past two years and shows demand was soft Free cash flow margin is expected to increase by 1.6 percentage points next year, suggesting the company will have more capital to invest or return to shareholders Eroding returns on capital from an already low base indicate that management’s recent investments are destroying value
Nike’s stock price of $45.25 implies a valuation ratio of 27.3x forward P/E. Check out our free in-depth research report to learn more about why NKE doesn’t pass our bar.
3M (MMM)
Consensus Price Target: $175.03 (20% implied return)
Producers of the first asthma inhaler, 3M Company (NYSE:MMM) is a global conglomerate known for products in industries like healthcare, safety, electronics, and consumer goods.
Why Should You Dump MMM?
Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Anticipated sales growth of 3.1% for the next year implies demand will be shaky Earnings per share have dipped by 2.3% annually over the past five years, which is concerning because stock prices follow EPS over the long term
3M is trading at $145.87 per share, or 16.7x forward P/E. Dive into our free research report to see why there are better opportunities than MMM.
One Stock to Watch:
BGC (BGC)
Consensus Price Target: $14.50 (27.9% implied return)
Tracing its roots back to 1945 and named after founder Bernard Gerald Cantor, BGC Group (NASDAQ:BGC) operates a global brokerage and financial technology platform that facilitates trading across fixed income, foreign exchange, equities, energy, and commodities markets.
Why Could BGC Be a Winner?
Market share has increased this cycle as its 20.2% annual revenue growth over the last two years was exceptional Earnings growth has easily exceeded the peer group average over the last two years as its EPS has compounded at 20.2% annually Adequate return on equity shows management makes decent investment decisions
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At $11.34 per share, BGC trades at 7.9x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free.
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Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
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