Geode Capital Management LLC Purchases 4,035 Shares of Badger Meter, Inc. $BMI

Geode Capital Management LLC raised its position in Badger Meter, Inc. (NYSE:BMI) by 0.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 876,854 shares of the scientific and technical instruments company’s stock after acquiring an additional 4,035 shares during the period. Geode Capital Management LLC’s holdings in Badger Meter were worth $152,951,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Badger Meter by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 3,979,893 shares of the scientific and technical instruments company’s stock valued at $694,133,000 after acquiring an additional 19,585 shares in the last quarter. State Street Corp raised its stake in shares of Badger Meter by 1.4% during the 2nd quarter. State Street Corp now owns 1,462,807 shares of the scientific and technical instruments company’s stock worth $358,315,000 after purchasing an additional 20,122 shares in the last quarter. Invesco Ltd. raised its stake in shares of Badger Meter by 20.9% during the 3rd quarter. Invesco Ltd. now owns 970,219 shares of the scientific and technical instruments company’s stock worth $173,262,000 after purchasing an additional 168,053 shares in the last quarter. Pictet Asset Management Holding SA raised its stake in shares of Badger Meter by 39.2% during the 4th quarter. Pictet Asset Management Holding SA now owns 754,402 shares of the scientific and technical instruments company’s stock worth $131,592,000 after purchasing an additional 212,448 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Badger Meter by 89.2% during the 4th quarter. UBS Group AG now owns 712,650 shares of the scientific and technical instruments company’s stock worth $124,293,000 after purchasing an additional 335,953 shares in the last quarter. Institutional investors own 89.01% of the company’s stock.

Badger Meter Trading Down 1.6%

BMI stock opened at $127.67 on Friday. The firm has a market capitalization of $3.73 billion, a PE ratio of 28.82, a PEG ratio of 2.33 and a beta of 0.68. Badger Meter, Inc. has a 1-year low of $112.09 and a 1-year high of $252.53. The business’s 50 day simple moving average is $132.47 and its 200 day simple moving average is $153.85.

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

Badger Meter Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.3%. Badger Meter’s payout ratio is presently 36.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective 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. Barclays set a $110.00 price objective on Badger Meter and gave the stock an “underweight” rating in a research note on Monday, April 20th. Zacks Research upgraded Badger Meter from a “strong sell” rating to a “hold” rating in a research note on Friday, April 3rd. Weiss Ratings cut Badger Meter from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Finally, Robert W. Baird dropped their price objective on Badger Meter from $173.00 to $145.00 and set an “outperform” rating on the stock in a research note on Monday, April 20th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Badger Meter has a consensus rating of “Hold” and a consensus price target of $155.86.

Insider Buying and Selling at Badger Meter

In other Badger Meter news, VP Richard Htwe bought 1,700 shares of the firm’s stock in a transaction that occurred on Tuesday, April 21st. The shares were acquired at an average cost of $116.13 per share, with a total value of $197,421.00. Following the acquisition, the vice president owned 7,603 shares of the company’s stock, valued at $882,936.39. The trade was a 28.80% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Christina M. Tarantino bought 870 shares of the firm’s stock in a transaction that occurred on Tuesday, April 21st. The shares were acquired at an average cost of $113.80 per share, for a total transaction of $99,006.00. Following the completion of the acquisition, the vice president directly owned 1,801 shares in the company, valued at $204,953.80. The trade was a 93.45% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 6,628 shares of company stock worth $777,128 in the last three months. 1.00% of the stock is owned by insiders.

Key Stories Impacting Badger Meter

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

• Negative Sentiment: A federal securities class action has been filed against Badger Meter covering investors who bought shares between April 18, 2024 and April 16, 2026, raising the risk of costly litigation and management distraction. Article Title
• Negative Sentiment: Several law firms, including Bernstein Liebhard, Faruqi & Faruqi, Robbins LLP, and others, are actively advertising investigations and lead-plaintiff deadlines, which can keep negative headlines in focus and weigh on sentiment. Article Title
• Neutral Sentiment: One market recap noted that BMI declined even as the broader market rose, suggesting investors may be rotating away from the stock while the legal overhang persists. Article Title

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.