Conestoga Capital Advisors LLC Sells 7,735 Shares of Badger Meter, Inc. $BMI

Conestoga Capital Advisors LLC decreased its stake in shares of Badger Meter, Inc. (NYSE:BMI) by 5.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 122,658 shares of the scientific and technical instruments company’s stock after selling 7,735 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in Badger Meter were worth $18,687,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Badger Meter by 0.5% during 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 purchasing an additional 19,585 shares in the last quarter. State Street Corp lifted its position in Badger Meter by 1.4% during the second quarter. State Street Corp now owns 1,462,807 shares of the scientific and technical instruments company’s stock valued at $358,315,000 after purchasing an additional 20,122 shares during the period. Invesco Ltd. lifted its position in Badger Meter by 20.9% during the third quarter. Invesco Ltd. now owns 970,219 shares of the scientific and technical instruments company’s stock valued at $173,262,000 after purchasing an additional 168,053 shares during the period. Geode Capital Management LLC boosted its holdings in Badger Meter by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 876,854 shares of the scientific and technical instruments company’s stock worth $152,951,000 after purchasing an additional 4,035 shares during the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in Badger Meter by 39.2% in the fourth 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 during the last quarter. 89.01% of the stock is owned by institutional investors.

Insider Activity at Badger Meter

In related news, VP Edward F. Callahan purchased 858 shares of Badger Meter stock in a transaction on Tuesday, April 21st. The stock was acquired 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 directly owned 1,186 shares in the company, valued at $137,931.80. This represents a 261.59% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Richard Htwe acquired 1,700 shares of the firm’s stock in a transaction dated Tuesday, April 21st. The stock was bought at an average cost of $116.13 per share, for a total transaction of $197,421.00. Following the purchase, the vice president directly owned 7,603 shares of the company’s stock, valued at approximately $882,936.39. This trade represents a 28.80% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 6,628 shares of company stock valued at $777,128 in the last ninety days. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on BMI shares. Wall Street Zen downgraded shares of Badger Meter from a “hold” rating to a “sell” rating in a research report on Saturday, June 13th. Zacks Research cut Badger Meter from a “hold” rating to a “strong sell” rating in a report on Friday, June 5th. Weiss Ratings downgraded Badger Meter from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Maxim Group lowered Badger Meter from a “buy” rating to a “hold” rating in a report on Thursday, April 23rd. Finally, Robert W. Baird reduced their price objective on Badger Meter from $173.00 to $145.00 and set an “outperform” rating for the company in a research report on Monday, April 20th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Badger Meter presently has an average rating of “Hold” and a consensus price target of $155.86.

Badger Meter News Roundup

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

• Neutral Sentiment: Badger Meter scheduled its second-quarter 2026 earnings call, which keeps investors focused on upcoming results and management commentary. Badger Meter Schedules Second Quarter 2026 Earnings Call
• Negative Sentiment: Multiple law firms reminded investors of the August 3, 2026 deadline to seek lead-plaintiff status in a federal securities class action against Badger Meter, reinforcing concern about ongoing litigation risk. REMINDER: Badger Meter, Inc. Investors With Significant Losses Must Act By August 3, 2026
• Negative Sentiment: Glancy Prongay Wolke & Rotter said shareholders who bought BMI stock during the class period should contact the firm about a securities fraud lawsuit, adding to the stream of legal headlines. Deadline Alert: Badger Meter, Inc. (BMI) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
• Negative Sentiment: Levi & Korsinsky alleged a “pull-forward” scheme and said Badger Meter’s CEO and CFO could face personal liability, which is likely weighing on sentiment. BMI DEADLINE: Levi & Korsinsky Reminds Badger Meter, Inc. Investors of Upcoming Securities Class Action Deadline

Badger Meter Trading Down 1.5%

Shares of BMI stock opened at $146.10 on Thursday. Badger Meter, Inc. has a 12 month low of $112.09 and a 12 month high of $249.56. The stock has a market cap of $4.26 billion, a P/E ratio of 32.98, a P/E/G ratio of 2.66 and a beta of 0.64. The company has a 50 day simple moving average of $126.70 and a two-hundred day simple moving average of $148.30.

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

Badger Meter Announces Dividend

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

Badger Meter Company Profile

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.