Badger Meter (NYSE:BMI) Upgraded to “Hold” at Zacks Research

Badger Meter (NYSE:BMI) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

A number of other research firms have also recently commented on BMI. Barclays set a $110.00 price target on Badger Meter and gave the stock an “underweight” rating in a report on Monday, April 20th. JPMorgan Chase & Co. dropped their price target on Badger Meter from $190.00 to $160.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Stifel Nicolaus set a $140.00 price target on Badger Meter in a report on Friday, May 22nd. Robert W. Baird reduced their price objective on shares of Badger Meter from $173.00 to $145.00 and set an “outperform” rating for the company in a research report on Monday, April 20th. Finally, Maxim Group downgraded shares of Badger Meter from a “buy” rating to a “hold” rating in a report on Thursday, April 23rd. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $155.86.

Badger Meter Price Performance

Shares of BMI stock opened at $147.10 on Monday. The company has a fifty day moving average price of $128.75 and a two-hundred day moving average price of $147.30. Badger Meter has a one year low of $112.09 and a one year high of $249.56. The stock has a market cap of $4.29 billion, a P/E ratio of 33.21, a P/E/G ratio of 2.68 and a beta of 0.64.

Badger Meter (NYSE:BMI) last released its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 earnings per share for the quarter. The company had revenue of $220.71 million for the quarter. Badger Meter had a net margin of 14.56% and a return on equity of 18.76%. As a group, equities research analysts anticipate that Badger Meter will post 4.51 EPS for the current fiscal year.

Insider Activity at Badger Meter

In other Badger Meter news, VP Edward F. Callahan bought 858 shares of the stock in a transaction dated Tuesday, April 21st. The shares were bought at an average cost of $116.30 per share, with a total value of $99,785.40. Following the completion of the acquisition, the vice president owned 1,186 shares of the company’s stock, valued at $137,931.80. This trade represents a 261.59% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Kenneth Bockhorst purchased 2,200 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The stock was bought at an average price of $117.53 per share, with a total value of $258,566.00. Following the completion of the purchase, the chief executive officer owned 51,676 shares of the company’s stock, valued at $6,073,480.28. This trade represents a 4.45% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders purchased 6,628 shares of company stock valued at $777,128. 1.00% of the stock is currently owned by company insiders.

Institutional Trading of Badger Meter

Several large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd lifted its position in Badger Meter by 76.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 65 shares during the period. Signaturefd LLC raised its position in shares of Badger Meter by 15.5% in the 4th quarter. Signaturefd LLC now owns 521 shares of the scientific and technical instruments company’s stock valued at $91,000 after buying an additional 70 shares in the last quarter. Brown Brothers Harriman & Co. lifted its holdings in shares of Badger Meter by 62.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock worth $33,000 after acquiring an additional 71 shares during the period. Cardinal Capital Management lifted its holdings in shares of Badger Meter by 0.4% during the 4th quarter. Cardinal Capital Management now owns 20,165 shares of the scientific and technical instruments company’s stock worth $3,517,000 after acquiring an additional 75 shares during the period. Finally, Maryland State Retirement & Pension System boosted its position in shares of Badger Meter by 1.9% during the 4th quarter. Maryland State Retirement & Pension System now owns 4,316 shares of the scientific and technical instruments company’s stock worth $753,000 after acquiring an additional 79 shares in the last quarter. 89.01% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Badger Meter

Here are the key news stories impacting Badger Meter this week:

• Negative Sentiment: Multiple law firms, including Rosen, Pomerantz, Faruqi & Faruqi, Glancy Prongay Wolke & Rotter, Bernstein Liebhard, Bronstein Gewirtz & Grossman, Levi & Korsinsky, and Schall, announced or reminded investors about a securities class action against Badger Meter, with a lead plaintiff deadline of August 3, 2026. Article Title
• Negative Sentiment: The lawsuit alleges Badger Meter executives misled investors about short-cycle demand variability, suggesting possible securities-law violations and contributing to downside sentiment for BMI. Article Title
• Neutral Sentiment: Badger Meter also appeared in a prior market note saying the stock had recently outperformed the broader market, but that earlier strength is now being overshadowed by the litigation headlines. Article Title

Badger Meter Company Profile

Badger Meter, founded in 1905 and headquartered in Milwaukee, Wisconsin, is a global leader in flow measurement and control solutions. The company’s core business centers on the design, manufacture and sale of water meters, control valves and related accessories for municipal and industrial water utilities. Over its more than a century of operation, Badger Meter has built a reputation for precision engineering, durability and compliance with international regulatory standards.

The company’s product portfolio includes mechanical and ultrasonic water meters, electromagnetic flow meters for industrial applications, and a range of control valves that help utilities manage pressure and flow in distribution networks.