Nykredit A S Purchases New Shares in 3M Company $MMM

Nykredit A/S has acquired a new stake in 3M Company (NYSE:MMM), purchasing 119,755 shares valued at approximately $19.4 million during the second quarter. Other institutional investors also increased their holdings in 3M, which reported strong Q2 earnings with EPS of $2.40 and revenue up 2.5% year over year. Despite mixed analyst ratings, the company maintains a quarterly dividend of $0.78 per share, yielding 1.9%.