Becton Dickinson (BDX) Delivers Strong Second Quarter Performance, Barclays Raises Target

Becton Dickinson (BDX) Delivers Strong Second Quarter Performance, Barclays Raises Target
Becton Dickinson (BDX) Delivers Strong Second Quarter Performance, Barclays Raises Target

Becton, Dickinson and Company (NYSE:BDX) is included among the The 11 Best Rising Dividend Stocks to Buy Right Now.

Becton Dickinson (BDX) Delivers Strong Second Quarter Performance, Barclays Raises Target

On May 11, Barclays raised its price recommendation for Becton, Dickinson and Company (NYSE:BDX) to $204 from $202. He reiterated an Overweight rating on the stock following the company’s fiscal second-quarter results. The firm said Becton achieved solid operating growth and exceeded consensus expectations. The analyst also noted that the company appears to be well positioned in the current macroeconomic environment.

During the fiscal second quarter 2026 earnings call, Chairman, CEO and President Thomas Polen said revenue increased 2.6% to $4.7 billion. It noted double-digit growth in biologic drug delivery, advanced patient monitoring, PureWick and advanced tissue regeneration. At the same time, Polen said the results were partly offset by continued pressure on Alaris, vaccines and China, which together accounted for less than 10% of total revenue.

Polen also said the company gained about 50 basis points of market share during the quarter and about 150 basis points so far this year in the Alaris business. In the BioPharma Systems segment, he noted that BD secured several important agreements with long-term customers, including two next-generation GLP-1 programs. He added that biologics are now expected to account for around 55% of the segment’s revenue.

Discussing regulatory matters, Polen said the company voluntarily placed its ChloraPrep and PurPrep products on hold in the U.S. after the FDA issued a warning letter related to the El Paso facility. He added that the testing process related to the issue was expected to last about three weeks and said no signs of patient safety had been identified.

Becton, Dickinson and Company (NYSE:BDX) develops, manufactures and sells a broad range of medical supplies, devices, laboratory equipment and diagnostic products used by healthcare institutions, physicians, researchers and clinical laboratories worldwide.

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