“Mattson Financial buys new stake in Becton, Dickinson (BDX)”

Recently, several hedge funds increased or decreased their investments in Becton, Dickinson and Company (BDX). Jennison Associates raised their stake by 4.9%, now owning 402,350 shares valued at $99.56 million. Norden Group significantly boosted their stake by 2,086.7%, bringing their total to 51,934 shares worth $12.85 million. Franklin Street Advisors started a new position worth about $12 million. Avity Investment Management increased their stake by 3.5% to own 162,687 shares valued at $40.26 million. Caden Capital Partners raised their stake by 26.7% to 83,417 shares worth $20.34 million. Overall, hedge funds and institutions hold 86.97% of BDX stock.

Analyst Ratings

Analysts have recently updated their ratings for BDX. Evercore ISI raised their price target from $286 to $290 with an �outperform� rating. StockNews.com upgraded BDX from �hold� to �buy�. Stifel Nicolaus increased their target to $280 with a �buy� rating, while Raymond James lowered theirs from $275 to $270, keeping an �outperform� rating. Citigroup upgraded BDX from �neutral� to �buy� and raised their target from $255 to $275. Nine analysts currently have a �buy� rating, with an average price target of $282.63.

Becton, Dickinson Stock Overview

BDX opened at $239.76. The company has a market cap of $69.29 billion, a P/E ratio of 52.81, and a debt-to-equity ratio of 0.70. The stock�s 52-week range is $218.75 to $269.52. In its last earnings report on August 1st, BDX reported $3.50 EPS, beating estimates of $3.31, with revenue of $4.99 billion.

Dividend Information

BDX announced a quarterly dividend of $0.95 per share, paid on September 30th, with an annual yield of 1.58% and a payout ratio of 83.70%.

Becton, Dickinson Company Profile

Becton, Dickinson develops and sells medical devices, supplies, and diagnostic products worldwide. They operate in three segments: BD Medical, BD Life Sciences, and BD Interventional.

Read More

• Five stocks we like better than Becton, Dickinson and Company
• What is the Shanghai Stock Exchange Composite Index?
• S&P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside
• Natural Gas Prices Continue To Rally, These Stocks Should Benefit
• Nike�s Post-Earnings Drop Presents a Buying Opportunity
• Russell 2000 Index, How Investors Use it For Profitable Trading
• Microsoft�s Targeted Upside Might Be Too Good to Ignore

Receive News & Ratings for Becton Dickinson and Company Daily