Badger Meter, Inc. $BMI Stock: Vest Financial LLC Raises Stake

Vest Financial LLC increased its position in Badger Meter, Inc. (NYSE:BMI) by 42.4% during the 3rd quarter, Holdings Channel reports. The firm owned 53,360 shares of the scientific and technical instruments company’s stock after acquiring an additional 15,889 shares during the quarter. Vest Financial LLC’s holdings in Badger Meter were worth $6,592,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of BMI. XXEC Inc. bought a new position in Badger Meter in the second quarter worth approximately $825,029,000. BlackRock Inc. acquired a new stake in Badger Meter in the 2nd quarter worth approximately $725,926,000. Amundi grew its holdings in shares of Badger Meter by 28.5% during the second quarter. Amundi now owns 590,079 shares of the scientific and technical instruments company’s stock valued at $87,595,000 after buying an additional 131,016 shares during the last quarter. First Trust Advisors LP grew its stake in Badger Meter by 54.8% during the 1st quarter. First Trust Advisors LP now owns 560,356 shares of the scientific and technical instruments company’s stock valued at $85,370,000 after purchasing an additional 198,430 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Badger Meter by 5.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 540,272 shares of the scientific and technical instruments company’s stock worth $82,305,000 after buying an additional 29,623 shares during the period. Institutional investors own 89.01% of the company’s stock.

Analyst Ratings Changes

BMI has been the subject of a number of recent research reports. Robert W. Baird set a $167.00 price objective on Badger Meter and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Barclays reiterated an “underweight” rating and issued a $111.00 target price (down from $112.00) on shares of Badger Meter in a research report on Tuesday, October 13th. JPMorgan Chase & Co. dropped their price target on Badger Meter from $172.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Zacks Research upgraded shares of Badger Meter from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Finally, Weiss Ratings upgraded Badger Meter from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 28th. Six 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 company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $159.38.

Badger Meter Price Performance

Shares of Badger Meter stock opened at $149.32 on Friday. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 30.81, a price-to-earnings-growth ratio of 3.25 and a beta of 0.64. The business has a 50-day moving average of $130.23 and a 200 day moving average of $132.33. Badger Meter, Inc. has a 12 month low of $112.09 and a 12 month high of $192.28.

Badger Meter (NYSE:BMI) last announced its earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.01. The firm had revenue of $230.30 million for the quarter, compared to the consensus estimate of $240.35 million. Badger Meter had a net margin of 14.27% and a return on equity of 18.03%. The firm’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.19 EPS. Equities research analysts anticipate that Badger Meter, Inc. will post 4.50 earnings per share for the current year.

Badger Meter Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were paid a dividend of $0.44 per share. The ex-dividend date was Friday, August 28th. This is a positive change from Badger Meter’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.2%. Badger Meter’s payout ratio is currently 41.12%.

Insider Activity at Badger Meter

In other news, VP Edward Callahan acquired 751 shares of Badger Meter stock in a transaction dated Thursday, July 30th. The shares were acquired at an average cost of $135.25 per share, for a total transaction of $101,572.75. Following the acquisition, the vice president owned 1,937 shares of the company’s stock, valued at $261,979.25. This trade represents a 63.32% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

More Badger Meter News

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

• Positive Sentiment: Badger Meter reported third-quarter adjusted EPS of $1.24, ahead of the $1.21–$1.23 analyst estimates and up from $1.19 a year earlier. Badger Meter Tops Q3 Earnings Estimates
• Positive Sentiment: Operating earnings increased 4% year over year to $47.7 million, while operating margin expanded to 20.2% from 19.6%. Base gross margin reached 42.1%, supporting profitability even as reported revenue was essentially flat year over year. Badger Meter Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Base sales grew 5% sequentially, while total sales of $235.9 million improved 6% from the second quarter. Management indicated it expects to sustain its growth momentum into 2027, providing investors with a constructive outlook. Badger Meter: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The earnings call gave analysts an opportunity to question management about municipal utility demand, operating performance and the company’s growth plans, with the discussion centered on sustaining momentum beyond 2026. Badger Meter Q3 2026 Earnings Call Transcript
• Negative Sentiment: Third-quarter revenue of $235.9 million was slightly below the FactSet consensus of $240.4 million and increased only 0.1% from the prior year. The revenue miss limits the strength of the headline results and remains a risk for a stock trading at a premium valuation. Badger Meter Q3 Revenue

Badger Meter Company Profile

Badger Meter, Inc is a water technology company that develops and manufactures flow measurement, control and communications solutions. Its products are used to measure and manage water across municipal, commercial and industrial applications, helping customers improve operational efficiency, monitor usage and support water conservation.

The company’s offerings include mechanical, ultrasonic and electromagnetic flow meters; valves and related flow-control equipment; and smart water technologies.