Finder makes money from featured partners, but editorial opinions are our own.

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 opened the day at US$98.82 after a previous close of US$99.07. During the day the price has varied from a low of USD98.16 to a high of USD99.9. The latest price was USD99.68 (25 minute delay). 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$99.07, 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.

3M Company stock price (NYSE:MMM)

Use our graph to track the performance of MMM stocks over time.

Have 3M Company's shares ever split?

3M Company's shares were split on a 2:1 basis on 30 September 2003. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your 3M Company shares – just the quantity. However, indirectly, the new 50% 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 2023-12-01.
OpenUS$98.82
HighUS$99.9
LowUS$98.16
CloseUS$99.68
Previous closeUS$99.07
Change US$0.61
Change % 0.6157%
Volume 1,027,441
Information last updated 2023-11-28.
52-week rangeUS$84.0277 - US$122.6078
50-day moving average US$92.2442
200-day moving average US$100.795
Target priceUS$113.69
PE ratio N/A
Dividend yield US$5.99 (6.18%)
Earnings per share (TTM) US$-13.31

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 $99.68

1 week (2023-11-24) 3.89%
1 month (2023-11-01) 10.07%
3 months (2023-09-01) -6.80%
6 months (2023-06-01) 5.73%
1 year (2022-12-01) -20.88%
2 years (2021-12-01) -41.62%
3 years (2020-12-01) -41.54%
5 years (2018-11-30) -52.06%

Compare trading platforms to buy 3M Company shares

1 - 6 of 6
Name Product Standard brokerage for US shares Currency conversion fee Asset class
eToro
Finder AwardExclusive
eToro
US$0
50-150 pips
ASX shares, Global shares, US shares, ETFs
CFD service. Capital at risk.
Finder exclusive: Get 12 months of investment tracking app Delta PRO for free when you fund your eToro account (T&Cs apply).
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
Finder Award
IG Share Trading
US$0
0.70%
ASX shares, Global shares, US shares, UK shares, ETFs
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian and international shares, plus get access to 24-hour customer support.
Moomoo Share Trading
US$0.99
55 pips or 0.0055 AUD/USD
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get an additional 30 days on top of the regular brokerage-free period for new accounts (see link for details). T&Cs apply.
Trade shares on the ASX, the US markets and buy ETFs with Moomoo. Plus join a community over 18 million investors.
CMC Invest
Finder Award
CMC Invest
US$0
0.60%
ASX shares, Global shares, Options trading, US shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, crypto, ETFs and managed funds, with access to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Webull
US$0.25
0.50% (50 pips)
ASX shares, Options trading, US shares, ETFs
Earn US$100 in cash vouchers when you fund your new account with US$2,000 until March 30, 2024. Plus, earn up to 5.3% p.a. interest on your US cash account (T&Cs apply).
Trade ASX and US stocks and US options, plus gain access to inbuilt news platforms and educational resources. You can also start trading for less with fractional shares.
Tiger Brokers
Exclusive
Tiger Brokers
US$2
37 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get 15 commission-free trades on US or ASX equities for the first 180 days and US$50 fractional shares when you deposit at least US$500. Plus, all new customers get 1 free trade per month for the first 12 months (T&Cs apply).
Get one brokerage-free trade per month for the first 12 months for US or ASX markets. T&Cs apply.
loading
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.

Is 3M Company under- or over-valued?

Valuing 3M Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of 3M Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

3M Company's PEG ratio

3M Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.3141. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into 3M Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

3M Company's EBITDA

3M Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$7.4 billion (£5.8 billion).

The EBITDA is a measure of a 3M Company's overall financial performance and is widely used to measure a its profitability.

3M Company share price volatility

Over the last 12 months, 3M Company's shares have ranged in value from as little as US$84.0277 up to US$122.6078. A popular way to gauge a stock's volatility is its "beta".

MMM.US volatility(beta: 0.98)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 0.98. This would suggest that 3M Company's shares are less volatile than average (for this exchange).

3M Company financials

Revenue TTM US$32.7 billion
Operating margin TTM 19.29%
Gross profit TTM US$15 billion
Return on assets TTM 7.21%
Return on equity TTM -78.18%
Profit margin -22.59%
Book value 8.459
Market capitalisation US$53.6 billion

TTM: trailing 12 months

3M Company share dividends

66%

Dividend payout ratio: 65.93% of net profits

Recently 3M Company has paid out, on average, around 65.93% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.18% 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 6.18% return on their shares, in the form of dividend payments. In 3M Company's case, that would currently equate to about $5.99 per share.

3M Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

3M Company's most recent dividend payout was on 12 December 2023. The latest dividend was paid out to all shareholders who bought their shares by 16 November 2023 (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 01/01/2019) 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 operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The 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. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, 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; and reflective signage for highway, and vehicle safety. The Healthcare segment offers health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports, and consumer respirators; cleaning products for the home; 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 St. Paul, Minnesota.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site