tiprankstipranks
Advertisement
Advertisement

Becton Dickinson Creates New Preferred Stock for Spin-Off

Story Highlights
  • BD created a new Series D preferred stock and exchanged it with internal trusts for portions of their common shares.
  • The exchange is structured to exclude these trusts from receiving Augusta SpinCo shares in the planned spin-off and RMT deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Becton Dickinson Creates New Preferred Stock for Spin-Off

Claim 30% Off TipRanks

Becton Dickinson ( (BDX) ) has provided an announcement.

On January 30, 2026, Becton, Dickinson and Company filed a Certificate of Designation in New Jersey to create a new Series D Junior Participating Redeemable Preferred Stock, and on February 2, 2026, it entered into exchange agreements with two internal deferral plan trusts to swap portions of their BD common stock holdings for 27.5159 shares of this new preferred stock. The move is structured to prevent those trusts from receiving shares of Augusta SpinCo Corporation in BD’s planned distribution of SpinCo common stock ahead of SpinCo’s Reverse Morris Trust combination with Waters Corporation, with the preferred shares designed to be redeemable back into BD common stock, thereby fine-tuning shareholder treatment and capital structure as the separation and merger of BD’s Biosciences and Diagnostic Solutions business proceed.

The most recent analyst rating on (BDX) stock is a Buy with a $233.00 price target. To see the full list of analyst forecasts on Becton Dickinson stock, see the BDX Stock Forecast page.

Spark’s Take on BDX Stock

According to Spark, TipRanks’ AI Analyst, BDX is a Neutral.

The score is driven primarily by stable financial performance (healthy margins, improving leverage, and strong cash generation) and a generally positive—but cautious—FY26 earnings outlook with clear margin and cost actions. This is tempered by a neutral technical picture in the near term and a relatively high valuation (P/E 34.72) that reduces upside if growth slows under the cited headwinds.

To see Spark’s full report on BDX stock, click here.

More about Becton Dickinson

Becton, Dickinson and Company (BD) is a global medical technology company operating in the biosciences and diagnostic solutions markets, where it provides instruments, reagents and systems used in clinical laboratories, research settings and healthcare facilities worldwide.

Average Trading Volume: 2,130,639

Technical Sentiment Signal: Buy

Current Market Cap: $59.22B

For a thorough assessment of BDX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1