Badger Meter, Inc. (NYSE:BMI) Receives Consensus Rating of “Hold” from Brokerages

Badger Meter, Inc. (NYSE:BMI) has received an average recommendation of “Hold” from the eleven research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $155.7143.

Several equities analysts have weighed in on BMI shares. Zacks Research upgraded Badger Meter from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. JPMorgan Chase & Co. lowered their target price on Badger Meter from $190.00 to $160.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Wall Street Zen lowered shares of Badger Meter from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. Royal Bank Of Canada restated an “outperform” rating on shares of Badger Meter in a research report on Thursday, May 21st. Finally, Weiss Ratings downgraded shares of Badger Meter from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th.

Badger Meter News Summary

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

• Negative Sentiment: Several law firms reminded investors about a pending securities class action against Badger Meter, with a lead plaintiff deadline of August 3, 2026, increasing attention on litigation risk and potential downside for the stock. Article Title
• Negative Sentiment: The class action alleges investor harm during the April 18, 2024 to April 16, 2026 period, suggesting concerns about possible securities fraud claims and adding uncertainty for shareholders. Article Title
• Negative Sentiment: Additional notices from other firms, including Rosen, Pomerantz, Berger Montague, and others, reinforced the same litigation overhang and kept Badger Meter in the news for legal rather than business reasons. Article Title

Insider Activity

In related news, VP Edward F. Callahan purchased 858 shares of the company’s stock in a transaction that occurred on Tuesday, April 21st. The stock was bought at an average price of $116.30 per share, for a total transaction of $99,785.40. Following the completion of the transaction, the vice president owned 1,186 shares in the company, valued at approximately $137,931.80. The trade was a 261.59% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Kenneth Bockhorst acquired 2,200 shares of Badger Meter stock in a transaction on Tuesday, April 21st. The shares were bought at an average cost of $117.53 per share, for a total transaction of $258,566.00. Following the completion of the purchase, the chief executive officer directly owned 51,676 shares of the company’s stock, valued at $6,073,480.28. The trade was a 4.45% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 6,628 shares of company stock worth $777,128. 1.00% of the stock is owned by insiders.

Institutional Trading of Badger Meter

Several hedge funds and other institutional investors have recently bought and sold shares of BMI. Annex Advisory Services LLC raised its stake in shares of Badger Meter by 4.7% in the second quarter. Annex Advisory Services LLC now owns 13,301 shares of the scientific and technical instruments company’s stock valued at $1,974,000 after acquiring an additional 600 shares during the period. Legacy Wealth Asset Management LLC bought a new stake in shares of Badger Meter in the second quarter valued at about $351,000. Norway Savings Bank lifted its stake in Badger Meter by 13.0% in the second quarter. Norway Savings Bank now owns 4,006 shares of the scientific and technical instruments company’s stock worth $594,000 after acquiring an additional 462 shares during the period. Assenagon Asset Management S.A. grew its holdings in Badger Meter by 177.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 40,888 shares of the scientific and technical instruments company’s stock worth $6,067,000 after acquiring an additional 26,132 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new position in Badger Meter during the 2nd quarter valued at about $785,000. Hedge funds and other institutional investors own 89.01% of the company’s stock.

Badger Meter Stock Down 1.3%

Shares of Badger Meter stock opened at $149.27 on Friday. Badger Meter has a twelve month low of $112.09 and a twelve month high of $249.56. The business has a 50-day moving average price of $132.60 and a 200-day moving average price of $145.46. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 2.71 and a beta of 0.64.

Badger Meter (NYSE:BMI) last posted its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 EPS for the quarter. Badger Meter had a return on equity of 18.76% and a net margin of 14.56%.The company had revenue of $220.71 million for the quarter. On average, equities analysts expect that Badger Meter will post 4.51 EPS for the current fiscal year.

Badger Meter Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a $0.40 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Badger Meter’s payout ratio is 36.12%.

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.