Edgestream Partners L.P. raised its holdings in Badger Meter, Inc. (NYSE:BMI – Free Report) by 897.8% in the 1st quarter, HoldingsChannel reports. The fund owned 23,010 shares of the scientific and technical instruments company’s stock after acquiring an additional 20,704 shares during the period. Edgestream Partners L.P.’s holdings in Badger Meter were worth $3,506,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd grew its position in shares of Badger Meter by 76.5% in the fourth 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 during the period. Signaturefd LLC lifted its position in Badger Meter by 15.5% during the fourth quarter. Signaturefd LLC now owns 521 shares of the scientific and technical instruments company’s stock worth $91,000 after buying an additional 70 shares during the period. Brown Brothers Harriman & Co. boosted its stake in Badger Meter by 62.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 71 shares during the last quarter. Cardinal Capital Management boosted its stake in Badger Meter by 0.4% in 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 buying an additional 75 shares during the last quarter. Finally, Maryland State Retirement & Pension System grew its holdings in Badger Meter by 1.9% in the 4th quarter. Maryland State Retirement & Pension System now owns 4,316 shares of the scientific and technical instruments company’s stock valued at $753,000 after buying an additional 79 shares during the period. Hedge funds and other institutional investors own 89.01% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. Stifel Nicolaus set a $170.00 price objective on shares of Badger Meter and gave the company a “buy” rating in a research note on Monday, July 20th. Seaport Research Partners set a $160.00 target price on shares of Badger Meter in a report on Thursday, July 23rd. Maxim Group lowered shares of Badger Meter from a “buy” rating to a “hold” rating in a research report 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. Finally, JPMorgan Chase & Co. decreased their price target on shares of Badger Meter from $172.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $164.00.
Badger Meter Stock Up 2.9%
Badger Meter stock opened at $134.12 on Friday. The firm has a fifty day moving average of $135.59 and a 200-day moving average of $142.48. Badger Meter, Inc. has a 52-week low of $112.09 and a 52-week high of $204.00. The firm has a market capitalization of $3.89 billion, a P/E ratio of 31.34, a PEG ratio of 2.45 and a beta of 0.64.
Badger Meter (NYSE:BMI – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.01. Badger Meter had a net margin of 14.27% and a return on equity of 18.03%. The business had revenue of $220.30 million for the quarter, compared to analyst estimates of $220.59 million. During the same quarter in the previous year, the business posted $1.17 EPS. The business’s quarterly revenue was down 6.6% on a year-over-year basis. On average, research analysts expect that Badger Meter, Inc. will post 4.43 EPS for the current fiscal year.
Insider Buying and Selling
In related news, VP Edward F. Callahan acquired 751 shares of Badger Meter stock in a transaction on Thursday, July 30th. The shares were bought at an average price of $135.25 per share, for a total transaction of $101,572.75. Following the completion of the purchase, the vice president directly owned 1,937 shares in the company, valued at $261,979.25. This trade represents a 63.32% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.00% of the stock is owned by company insiders.
Trending Headlines about Badger Meter
Here are the key news stories impacting Badger Meter this week:
- Positive Sentiment: Analyst commentary highlighted Badger Meter’s stable underlying demand and exposure to advanced water infrastructure. A separate report examined whether the company’s share buyback and shift toward digital water software could create longer-term shareholder value. Badger Meter Looks Attractive on Stable Demand and Advanced Infrastructure Is Badger Meter’s Share Buyback Masking or Highlighting Its Shift to Digital Water Software?
- Neutral Sentiment: Badger Meter’s latest reported quarter provided mixed fundamental context: earnings slightly exceeded expectations, but revenue declined year over year. This suggests the stock’s positive session was not driven by a clear improvement in near-term operating results.
- Negative Sentiment: Several law firms reiterated that a securities class action has been filed against Badger Meter, alleging violations of U.S. securities laws involving investors who purchased shares between April 18, 2024, and April 16, 2026. The firms are soliciting investors to seek lead-plaintiff status by August 3, 2026. The allegations have not been proven, but the litigation could create legal expenses, reputational risk and uncertainty over potential liabilities. Rosen Badger Meter Securities Class Action Deadline Bronstein Gewirtz Grossman Badger Meter Class Action Kaplan Fox Badger Meter Investor Notice
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.
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