Bessemer Group Inc. Has $20.73 Million Position in Badger Meter, Inc. $BMI

Bessemer Group Inc. lowered its holdings in Badger Meter, Inc. (NYSE:BMI) by 18.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,066 shares of the scientific and technical instruments company’s stock after selling 30,341 shares during the quarter. Bessemer Group Inc.’s holdings in Badger Meter were worth $20,730,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Capital Innovations LLC acquired a new position in shares of Badger Meter in the 4th quarter worth approximately $6,867,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Badger Meter in the 4th quarter valued at $2,126,000. Kornitzer Capital Management Inc. KS acquired a new stake in Badger Meter in the 1st quarter valued at $1,447,000. Meiji Yasuda Asset Management Co Ltd. grew its position in Badger Meter by 70.3% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 28,818 shares of the scientific and technical instruments company’s stock valued at $5,026,000 after acquiring an additional 11,896 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in Badger Meter by 6,924.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 46,852 shares of the scientific and technical instruments company’s stock valued at $8,171,000 after acquiring an additional 46,185 shares during the period. Institutional investors and hedge funds own 89.01% of the company’s stock.

Badger Meter Stock Performance

Shares of BMI opened at $149.27 on Friday. The company has a market cap of $4.36 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 2.68 and a beta of 0.64. The stock has a fifty day moving average price of $132.60 and a two-hundred day moving average price of $145.46. Badger Meter, Inc. has a 52-week low of $112.09 and a 52-week high of $249.56.

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

Badger Meter Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were given a dividend of $0.40 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.60 annualized dividend and a yield of 1.1%. Badger Meter’s dividend payout ratio is 36.12%.

Analyst Upgrades and Downgrades

BMI has been the subject of several recent analyst reports. Wall Street Zen lowered Badger Meter from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Badger Meter in a report on Thursday, May 21st. Zacks Research raised shares of Badger Meter from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Robert W. Baird dropped their target price 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, JPMorgan Chase & Co. cut their price target on shares of Badger Meter from $190.00 to $160.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $155.71.

Key Stories Impacting Badger Meter

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

• Negative Sentiment: Several law firms reminded investors about a pending securities class action against Badger Meter, with a lead plaintiff deadline of August 3, 2026, increasing attention on litigation risk and potential downside for the stock. Article Title
• Negative Sentiment: The class action alleges investor harm during the April 18, 2024 to April 16, 2026 period, suggesting concerns about possible securities fraud claims and adding uncertainty for shareholders. Article Title
• Negative Sentiment: Additional notices from other firms, including Rosen, Pomerantz, Berger Montague, and others, reinforced the same litigation overhang and kept Badger Meter in the news for legal rather than business reasons. Article Title

Insider Buying and Selling at Badger Meter

In related news, EVP Robert Wrocklage acquired 1,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were purchased at an average price of $122.35 per share, with a total value of $122,350.00. Following the acquisition, the executive vice president directly owned 23,321 shares in the company, valued at $2,853,324.35. The trade was a 4.48% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, VP Christina M. Tarantino acquired 870 shares of the stock in a transaction on Tuesday, April 21st. The stock was bought at an average price of $113.80 per share, with a total value of $99,006.00. Following the transaction, the vice president directly owned 1,801 shares in the company, valued at approximately $204,953.80. This represents a 93.45% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 6,628 shares of company stock worth $777,128 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

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.