Badger Meter (NYSE:BMI – Get Free Report) had its price target lifted by investment analysts at Barclays from $111.00 to $112.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has an “underweight” rating on the scientific and technical instruments company’s stock. Barclays‘s price objective indicates a potential downside of 24.59% from the company’s current price.
BMI has been the subject of several other research reports. Robert W. Baird set a $167.00 price target on shares of Badger Meter and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Zacks Research upgraded Badger Meter from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Royal Bank Of Canada reduced their target price on Badger Meter from $169.00 to $162.00 and set an “outperform” rating on the stock in a research note on Thursday, July 23rd. Seaport Research Partners set a $160.00 target price on Badger Meter in a report on Thursday, July 23rd. Finally, Northcoast Research raised shares of Badger Meter from a “neutral” rating to a “buy” rating and set a $148.00 target price for the company in a research report on Friday, September 18th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Badger Meter has an average rating of “Hold” and an average target price of $159.50.
Check Out Our Latest Report on BMI
Badger Meter Price Performance
BMI stock opened at $148.52 on Friday. Badger Meter has a one year low of $112.09 and a one year high of $192.28. The firm has a 50 day simple moving average of $130.23 and a two-hundred day simple moving average of $132.33. The stock has a market cap of $4.31 billion, a PE ratio of 35.27, a P/E/G ratio of 3.25 and a beta of 0.64.
Badger Meter (NYSE:BMI – Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.01. Badger Meter had a net margin of 14.27% and a return on equity of 18.03%. The company had revenue of $230.30 million during the quarter, compared to analysts’ expectations of $240.35 million. During the same quarter in the prior year, the company earned $1.19 EPS. The firm’s revenue was up .1% on a year-over-year basis. On average, research analysts expect that Badger Meter will post 4.50 EPS for the current fiscal year.
Insider Activity at Badger Meter
In related news, VP Edward Callahan purchased 751 shares of the business’s stock in a transaction that occurred 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 purchase, the vice president directly owned 1,937 shares of the company’s stock, valued at approximately $261,979.25. This represents a 63.32% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its holdings in Badger Meter by 8.7% in the third quarter. GAMMA Investing LLC now owns 1,024 shares of the scientific and technical instruments company’s stock worth $127,000 after acquiring an additional 82 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in shares of Badger Meter by 2.4% during the second quarter. Benjamin Edwards Inc. now owns 3,680 shares of the scientific and technical instruments company’s stock valued at $546,000 after acquiring an additional 88 shares in the last quarter. Norway Savings Bank increased its holdings in shares of Badger Meter by 3.2% during the third quarter. Norway Savings Bank now owns 4,133 shares of the scientific and technical instruments company’s stock valued at $511,000 after acquiring an additional 127 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of Badger Meter by 212.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the scientific and technical instruments company’s stock worth $46,000 after purchasing an additional 181 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in Badger Meter in the 2nd quarter worth about $27,000. Hedge funds and other institutional investors own 89.01% of the company’s stock.
More Badger Meter News
Here are the key news stories impacting Badger Meter this week:
- Positive Sentiment: Q3 earnings beat estimates: Badger Meter reported adjusted EPS of $1.24, ahead of the roughly $1.21–$1.23 consensus and up from $1.19 a year earlier. Badger Meter Tops Q3 Earnings Estimates
- Positive Sentiment: Profitability improved: Operating earnings rose 4% year over year to $47.7 million, while the operating margin expanded to 20.2% from 19.6%. Base gross margin reached 42.1%, indicating effective cost and mix management. Badger Meter Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Underlying demand and software growth provided support: Base sales increased 5% sequentially in the third quarter, and management highlighted continued growth in software and connected water-management offerings. Management said it expects to sustain the growth momentum into 2027. Badger Meter: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: Sales were stable but sequentially better: Third-quarter revenue was $235.9 million, up only slightly from $235.7 million a year earlier but 6% above the second quarter. The result nevertheless fell short of the approximately $240.4 million analyst estimate, reflecting a mixed growth picture. Badger Meter Q3 Revenue Report
- Negative Sentiment: Full-year guidance remains cautious: Badger Meter anticipates only modest fourth-quarter base-sales growth and expects full-year organic revenue to decline by a low-single-digit percentage. The revenue miss and subdued outlook limit the upside from the EPS and margin beats. Badger Meter Revenue Guidance
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.
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