Badger Meter, Inc. $BMI Stock: State of Alaska Department of Revenue Cuts Position

State of Alaska Department of Revenue reduced its position in Badger Meter, Inc. (NYSE:BMI) by 49.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,870 shares of the scientific and technical instruments company’s stock after selling 4,742 shares during the period. State of Alaska Department of Revenue’s holdings in Badger Meter were worth $601,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of BMI. XXEC Inc. acquired a new stake in Badger Meter during the 2nd quarter worth approximately $825,029,000. BlackRock Inc. acquired a new position in Badger Meter during the second quarter valued at approximately $725,926,000. Amundi lifted its position in 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 in the last quarter. First Trust Advisors LP lifted its position in Badger Meter by 54.8% during the first 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 buying an additional 198,430 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Badger Meter by 5.8% during the first 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. Hedge funds and other institutional investors own 89.01% of the company’s stock.

Insider Activity at Badger Meter

In other news, VP Edward Callahan bought 751 shares of the firm’s stock in a transaction dated Thursday, July 30th. The stock was acquired at an average cost of $135.25 per share, for a total transaction of $101,572.75. Following the completion of the purchase, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.00% of the company’s stock.

Badger Meter Stock Performance

Badger Meter stock opened at $150.98 on Friday. The stock’s 50 day moving average price is $130.63 and its 200 day moving average price is $132.46. The firm has a market capitalization of $4.38 billion, a PE ratio of 34.56, a price-to-earnings-growth ratio of 3.69 and a beta of 0.64. Badger Meter, Inc. has a one year low of $112.09 and a one year high of $192.28.

Badger Meter (NYSE:BMI) last released its quarterly earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.01. Badger Meter had a return on equity of 18.49% and a net margin of 14.36%. The firm 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 business earned $1.19 EPS. Badger Meter’s quarterly revenue was up .1% compared to the same quarter last year. On average, analysts forecast that Badger Meter, Inc. will post 4.50 earnings per share for the current fiscal year.

Badger Meter Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 28th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, August 28th. This is an increase 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 dividend payout ratio is presently 41.12%.

Analysts Set New Price Targets

Several research firms have recently issued reports on BMI. Northcoast Research raised shares of Badger Meter from a “neutral” rating to a “buy” rating and set a $148.00 price objective for the company in a research report on Friday, September 18th. Wall Street Zen lowered shares of Badger Meter from a “hold” rating to a “sell” rating in a report on Saturday, October 17th. Barclays lifted their target price on shares of Badger Meter from $111.00 to $112.00 and gave the company an “underweight” rating in a report on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $187.00 price target (up from $162.00) on shares of Badger Meter in a research report on Friday. Finally, Stifel Nicolaus set a $168.00 price target on Badger Meter in a report on Friday. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $165.88.

Key Badger Meter News

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

• Positive Sentiment: Badger Meter reported third-quarter EPS of $1.24, above the $1.23 consensus estimate and up from $1.19 a year earlier. Operating earnings rose 4% year over year, while operating margin improved to 20.2% from 19.6%. Badger Meter Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Base sales increased 5% sequentially, base gross margin reached 42.1%, and software-related growth helped offset broadly flat overall sales. Management said it expects to sustain the growth momentum into 2027. Badger Meter: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst reactions were generally supportive after the earnings release. Stifel raised its price target to $168, providing a more constructive near-term valuation benchmark. Badger Meter Analysts Boost Their Forecasts Following Upbeat Q3 Earnings

Badger Meter 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.