William Blair Downgrades Becton, Dickinson Outlook to Market Perform
Fintel reports that on May 1, 2025, William Blair downgraded their outlook for Becton, Dickinson and Company (BMV: BDX) from Outperform to Market Perform.
Institutional Shareholder Activity
Price T Rowe Associates currently holds 12,347,000 shares, accounting for 4.30% of the company. This reflects a decrease of 10.14% from their previous holding of 13,598,000 shares. Over the last quarter, the firm’s portfolio allocation in BDX has decreased by 14.46%.
T. Rowe Price Investment Management, on the other hand, owns 12,127,000 shares, which represents 4.22% ownership. This is an increase of 26.55% from their prior holding of 8,907,000 shares. The firm raised its portfolio allocation in BDX by 31.05% in the last quarter.
Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) holds 9,058,000 shares, giving them a 3.15% stake in the company. This is a slight decrease of 1.13% from their earlier holding of 9,160,000 shares, translating to an 8.31% reduction in their portfolio allocation in BDX over the last quarter.
T. Rowe Price Capital Appreciation Fund (PRWCX) owns 7,982,000 shares, representing 2.78% ownership. Previously, the firm had 5,911,000 shares, marking a significant increase of 25.95%. Their allocation in BDX has grown by 28.94% in the last quarter.
Vanguard 500 Index Fund Investor Shares (VFINX) holds 7,824,000 shares, which is 2.72% of the company. This reflects a modest increase of 3.25% from their previous holding of 7,570,000 shares, although they reduced their portfolio allocation in BDX by 7.99% over the last quarter.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.