3M Company's Stock Performance Outperforms Other Industrial Stocks

3M Company (MMM) is a global manufacturing and technology company with a market cap of $90.6 billion. Its stock performance has outperformed the Industrial Select Sector SPDR Fund (XLI) over the past three months and year-to-date. Shares have gained 9.6% over the past three months and 32.1% YTD, compared to XLI's marginal drop and 14.9% return, respectively. The company's Q3 earnings release saw its total revenue grow 3.5% YoY to $6.5 billion, and its adjusted EPS increase 10.6% from the year-ago quarter to $2.19. MMM raised its fiscal 2025 adjusted EPS guidance to a range of $7.95 to $8.05.