Piper Sandler Lowers Rating on Becton, Dickinson (WBAG:BDX)

Published On: May 4, 2025 12:34 am

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Piper Sandler Downgrades Becton Dickinson: What Investors Need to Know

Fintel reports that on May 2, 2025, Piper Sandler downgraded their outlook for Becton, Dickinson and Company (WBAG:BDX) from Overweight to Neutral.

Current Fund Sentiment

Currently, 2,550 funds or institutions have reported positions in Becton, Dickinson, marking an increase of 77 owners, or 3.11%, in the last quarter. The average portfolio weight of all funds for BDX stands at 0.39%, which is an increase of 1.60%. Total shares owned by institutions rose by 2.65% over the past three months, totaling 305,259K shares.

Activity Among Other Key Shareholders

AT:BDX / Becton, Dickinson and Company Shares Held by Institutions

Price T Rowe Associates holds 12,347K shares, reflecting 4.30% ownership of the company. In its previous filing, the firm reported 13,598K shares, indicating a decrease of 10.14%. Over the last quarter, the firm reduced its portfolio allocation in BDX by 14.46%.

T. Rowe Price Investment Management holds 12,127K shares, representing 4.22% ownership. In contrast, its last filing showed it owned 8,907K shares, an increase of 26.55%. The firm raised its portfolio allocation in BDX by 31.05% this quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares owns 9,058K shares, equating to 3.15% ownership. The firm previously reported 9,160K shares, marking a decrease of 1.13%. It has also reduced its allocation in BDX by 8.31% over the last quarter.

PRWCX – T. Rowe Price Capital Appreciation Fund holds 7,982K shares, representing 2.78% ownership. This is an increase from the 5,911K shares reported earlier, reflecting a rise of 25.95%. The firm increased its portfolio allocation in BDX by 28.94% this quarter.

VFINX – Vanguard 500 Index Fund Investor Shares owns 7,824K shares, which constitutes 2.72% ownership. In its previous filing, the firm held 7,570K shares, showing an increase of 3.25%. However, it has decreased its portfolio allocation in BDX by 7.99% over the last quarter.

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