Vanguard (BDX holder) discloses 36.7M Becton Dickinson shares and realignment

Rhea-AI Filing Summary

The Vanguard Group has filed an amended Schedule 13G reporting beneficial ownership of 36,678,939 shares of Becton Dickinson & Co common stock, representing 12.85% of the class as of the event date of 12/31/2025.

Vanguard reports shared voting power over 2,919,413 shares and shared dispositive power over 36,678,939 shares, with no sole voting or dispositive power. The filing states the shares are held in the ordinary course of business and not for the purpose of influencing control of Becton Dickinson.

Vanguard explains that, following an internal realignment on January 12, 2026, certain subsidiaries or business divisions that pursue the same investment strategies are expected to report beneficial ownership separately. Vanguard’s clients have rights to dividends and sale proceeds, but no single other person has an interest over 5% of the class.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 01/30/2026 - 01:31 PM Learn about SEC filing dates

FAQ

What stake does The Vanguard Group report in Becton Dickinson (BDX)?

The Vanguard Group reports beneficial ownership of 36,678,939 Becton Dickinson common shares, representing 12.85% of the outstanding class. This reflects Vanguard’s aggregated holdings with shared dispositive power and partial shared voting power over the position as disclosed in the Schedule 13G/A.

How much voting power does Vanguard report over Becton Dickinson (BDX) shares?

Vanguard reports no sole voting power and shared voting power over 2,919,413 Becton Dickinson shares. It also reports shared dispositive power over 36,678,939 shares, meaning voting authority is limited relative to its overall economic exposure in the stock.

Are Vanguard’s Becton Dickinson (BDX) holdings intended to influence control?

Vanguard certifies the Becton Dickinson shares were acquired and are held in the ordinary course of business. It states they were not acquired and are not held to change or influence control, nor in connection with any transaction designed to have that purpose or effect.

Who benefits economically from Vanguard’s Becton Dickinson (BDX) holdings?

Vanguard states its clients, including registered investment companies and other managed accounts, have the right to receive dividends and sale proceeds for the reported Becton Dickinson shares. It adds that no single other person’s interest in these securities exceeds 5% of the class.

What internal changes at Vanguard affect how Becton Dickinson (BDX) ownership is reported?

Vanguard explains that on January 12, 2026, it completed an internal realignment and no longer performs portfolio management or proxy voting. Certain subsidiaries or business divisions pursuing the same strategies are expected to report beneficial ownership separately on a disaggregated basis.

What type of securities are covered in Vanguard’s Becton Dickinson (BDX) filing?

The filing covers Becton Dickinson & Co common stock, identified by CUSIP number 075887109. Vanguard’s Schedule 13G/A amendment discloses its beneficial ownership percentage, voting and dispositive powers, and confirms the holdings are in the ordinary course of business.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 13)

Becton Dickinson & Co

(Name of Issuer)

Common Stock

(Title of Class of Securities)

075887109

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 075887109

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,919,413.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 36,678,939.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

36,678,939.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.85 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. As of that date, The Vanguard Group, Inc. no longer performs portfolio management services or administers proxy voting. In accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. anticipates that certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that currently have, or are deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Becton Dickinson & Co
(b)	Address of issuer's principal executive offices: 1 Becton Drive, Franklin Lakes, NJ, 07417
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd., Malvern, PA 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 075887109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 36678939
(b)	Percent of class: 12.85 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2919413
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 36678939
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	01/30/2026