BlackRock Amends BD Stake: Passive Ownership Update Filed
Ticker: BDX · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 10795
| Field | Detail |
|---|---|
| Company | Becton Dickinson & CO (BDX) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, amendment, medical-devices
TL;DR
**BlackRock updated its passive stake in Becton Dickinson, signaling continued institutional confidence.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating its ownership of Becton Dickinson & Co. Common Stock as of December 31, 2023. This filing, Amendment No. 11, updates BlackRock's previous disclosures regarding its passive investment in the medical technology company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in confidence or investment strategy, potentially influencing other investors' perceptions of Becton Dickinson & Co.'s stock.
Why It Matters
This filing shows BlackRock's continued significant, albeit passive, investment in Becton Dickinson & Co., which can reassure investors about the stock's institutional backing.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or significant changes in company fundamentals.
Analyst Insight
Investors should note BlackRock's continued passive ownership as a sign of institutional stability, but this filing alone doesn't warrant immediate buying or selling decisions.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Becton Dickinson & Co. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 11 (number) — the specific amendment number of the filing
Forward-Looking Statements
- BlackRock will maintain a significant, passive stake in Becton Dickinson & Co. throughout 2024. (BlackRock Inc.) — high confidence, target: 2024-12-31
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 11, as stated on the cover page.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as identified in item (1) of the cover page and the 'FILED BY' section.
What is the name of the issuer whose securities are being reported?
The name of the issuer is BECTON DICKINSON & CO, as stated under 'Name of Issuer' on the cover page.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Becton Dickinson & Co. is 075887109, as listed on the cover page.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as specified on the cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding BECTON DICKINSON & CO (BDX).