Badger Meter (NYSE:BMI) Shares Down 5.4% – Should You Sell?

Badger Meter, Inc. (NYSE:BMI) fell 5.4% during trading on Wednesday . The company traded as low as $133.00 and last traded at $138.0350. 107,314 shares were traded during trading, a decline of 79% from the average session volume of 502,008 shares. The stock had previously closed at $145.87.

Key Badger Meter News

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

• Positive Sentiment: Badger Meter posted second-quarter EPS of $1.02, edging past the consensus estimate of $1.01, showing earnings still held up better than expected. Badger Meter (BMI) Tops Q2 Earnings and Revenue Estimates
• Neutral Sentiment: The company’s Q2 revenue came in at $220.3 million, roughly in line with expectations, but still reflected a 6.6% decline from a year ago, pointing to muted top-line growth. Badger Meter Reports Second Quarter 2026 Financial Results
• Negative Sentiment: Multiple plaintiff firms highlighted a class action lawsuit against Badger Meter, with investors given an August 3 lead-plaintiff deadline; the allegations center on claims the company failed to disclose weakening demand and short-cycle order deterioration. Badger Meter, Inc. Allegedly Concealed Weaking Demand and Deteriorating Near-Term Order Trends
• Negative Sentiment: Ongoing legal notices from several firms may keep attention on potential litigation costs and reputational risk, which can weigh on sentiment even after the earnings release. INVESTOR REMINDER: Berger Montague Notifies Badger Meter, Inc. (BMI) Investors of a Class Action Lawsuit and Deadline

Wall Street Analyst Weigh In

BMI has been the topic of several recent analyst reports. Maxim Group downgraded shares of Badger Meter from a “buy” rating to a “hold” rating in a research note on Thursday, April 23rd. Zacks Research raised shares of Badger Meter from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings cut shares of Badger Meter from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Stifel Nicolaus set a $170.00 price target on Badger Meter and gave the company a “buy” rating in a report on Monday. Finally, Wall Street Zen lowered Badger Meter from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $160.00.

Badger Meter Stock Performance

The firm has a fifty day simple moving average of $133.84 and a 200 day simple moving average of $144.81. The company has a market cap of $3.82 billion, a PE ratio of 29.52, a PEG ratio of 2.66 and a beta of 0.64.

Badger Meter (NYSE:BMI) last announced its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.01. Badger Meter had a net margin of 14.56% and a return on equity of 18.76%. The business had revenue of $220.30 million for the quarter, compared to analyst estimates of $220.59 million. During the same period in the prior year, the firm posted $1.17 EPS. The company’s revenue was down 6.6% on a year-over-year basis. As a group, equities analysts predict that Badger Meter, Inc. will post 4.51 EPS for the current fiscal year.

Badger Meter Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. Badger Meter’s payout ratio is currently 36.12%.

Insider Activity at Badger Meter

In other news, EVP Robert Wrocklage acquired 1,000 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was acquired at an average cost of $122.35 per share, for a total transaction of $122,350.00. Following the acquisition, the executive vice president directly owned 23,321 shares in the company, valued at approximately $2,853,324.35. This represents a 4.48% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BMI. N.E.W. Advisory Services LLC acquired a new stake in Badger Meter during the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Badger Meter by 76.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 65 shares in the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of Badger Meter during the 4th quarter worth about $27,000. Brown Brothers Harriman & Co. grew 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 purchasing an additional 71 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Badger Meter during the 2nd quarter worth about $49,000. Institutional investors and hedge funds own 89.01% of the company’s stock.

About Badger Meter

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.