William Blair Downgrades Becton, Dickinson to Market Perform

Fintel reports that on May 1, 2025, William Blair downgraded their outlook for Becton, Dickinson and Company (XTRA:BOX) from Outperform to Market Perform.

Analyst Price Forecast Indicates Potential Growth

As of April 23, 2025, the average one-year price target for Becton, Dickinson and Company is set at 239.15 €/share. Predictions vary significantly, with estimates ranging from a low of 214.85 € to a high of 293.11 €. This represents a potential increase of 32.72% from its latest reported closing price of 180.20 € per share.

Projected Financial Performance

The anticipated annual revenue for Becton, Dickinson is 21,727 million euros, which reflects an increase of 4.12% compared to previous estimates. Additionally, the projected non-GAAP earnings per share (EPS) stands at 15.17.

Fund Sentiment Analysis

Currently, there are 2,549 funds or institutions reporting positions in Becton, Dickinson—an increase of 76 owners or 3.07% during the last quarter. The average portfolio weight of all funds invested in BOX is 0.39%, up by 1.75%. Total shares owned by institutions rose by 2.64% over the last three months, reaching 305,222K shares.

Actions of Key Shareholders

Price T Rowe Associates holds 12,347K shares, representing 4.30% ownership of the company. This reflects a decrease from the previous filing of 13,598K shares, marking a 10.14% drop. Moreover, they reduced their portfolio allocation in BOX by 14.46% over the last quarter.

T. Rowe Price Investment Management, on the other hand, owns 12,127K shares for a 4.22% stake. Their previous filing indicated ownership of only 8,907K shares, revealing a 26.55% increase. Consequently, they improved their portfolio allocation in BOX by 31.05% in the same period.

The Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) holds 9,058K shares, equating to 3.15% ownership. This is down from the previous 9,160K shares, showing a 1.13% decrease in their position, with a portfolio allocation in BOX declining by 8.31% recently.

Lastly, the T. Rowe Price Capital Appreciation Fund (PRWCX) has increased its stake, holding 7,982K shares for a 2.78% ownership, up from 5,911K shares—a 25.95% increase. Their allocation to BOX has grown by 28.94% this past quarter.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.