The Manufacturers Life Insurance Company Decreases Stake in 3M Company $MMM
MarketBeat
The Manufacturers Life Insurance Company reduced its stake in 3M Company by 5.8% in the second quarter of 2026, selling 17,419 shares. This comes despite many other institutional investors, such as California State Teachers Retirement System and Amundi, significantly increasing their holdings. 3M reported strong quarterly earnings, beating EPS estimates, and analysts currently hold a consensus "Hold" rating with an average price target of $177.21.
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