Calamos Wealth Management LLC acquired a new stake in Badger Meter, Inc. (NYSE:BMI – Free Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 7,355 shares of the scientific and technical instruments company’s stock, valued at approximately $1,121,000.
Other hedge funds have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in shares of Badger Meter during the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd grew its stake in Badger Meter by 76.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 65 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in Badger Meter in the fourth quarter worth approximately $27,000. Brown Brothers Harriman & Co. increased its holdings in Badger Meter by 62.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock worth $33,000 after purchasing an additional 71 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in Badger Meter during the 2nd quarter worth $49,000. 89.01% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research 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. Weiss Ratings lowered Badger Meter from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Robert W. Baird decreased their price objective on Badger Meter from $173.00 to $145.00 and set an “outperform” rating for the company in a report on Monday, April 20th. JPMorgan Chase & Co. lowered their price objective on shares of Badger Meter from $190.00 to $160.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Finally, Barclays dropped their target price on shares of Badger Meter from $110.00 to $109.00 and set an “underweight” rating on the stock in a report on Monday. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $155.71.
Insider Buying and Selling
In other news, VP Christina M. Tarantino bought 870 shares of Badger Meter stock in a transaction on Tuesday, April 21st. The stock was acquired at an average cost of $113.80 per share, for a total transaction of $99,006.00. Following the completion of the acquisition, the vice president owned 1,801 shares of the company’s stock, valued at $204,953.80. This trade represents a 93.45% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Edward F. Callahan purchased 858 shares of the firm’s stock in a transaction on Tuesday, April 21st. The shares were purchased at an average cost of $116.30 per share, with a total value of $99,785.40. Following the completion of the transaction, the vice president owned 1,186 shares of the company’s stock, valued at approximately $137,931.80. The trade was a 261.59% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 6,628 shares of company stock valued at $777,128 over the last three months. Corporate insiders own 1.00% of the company’s stock.
Badger Meter Stock Up 0.9%
Badger Meter stock opened at $141.35 on Wednesday. The business has a fifty day moving average of $131.02 and a two-hundred day moving average of $145.92. The firm has a market cap of $4.13 billion, a P/E ratio of 31.91, a P/E/G ratio of 2.51 and a beta of 0.64. Badger Meter, Inc. has a twelve month low of $112.09 and a twelve month high of $249.56.
Badger Meter (NYSE:BMI – Get Free Report) last announced its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 earnings per share (EPS) for the quarter. The business had revenue of $220.71 million for the quarter. Badger Meter had a return on equity of 18.76% and a net margin of 14.56%. Equities analysts expect that Badger Meter, Inc. will post 4.51 earnings per share for the current year.
Badger Meter Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 22nd. Badger Meter’s payout ratio is 36.12%.
Key Stories Impacting Badger Meter
Here are the key news stories impacting Badger Meter this week:
- Negative Sentiment: Multiple law firms, including Rosen, Pomerantz, Bronstein, Faruqi & Faruqi, Schall, and others, announced or promoted class-action claims against Badger Meter over alleged securities-law violations, increasing legal uncertainty for shareholders.
- Negative Sentiment: Several notices emphasize an August 3, 2026 deadline for investors to seek lead-plaintiff status, keeping the lawsuit in focus and potentially creating near-term headline risk for Badger Meter (BMI).
- Negative Sentiment: Levi & Korsinsky alleged an “order pull-forward” scheme may have inflated valuations by up to $129 per share, a claim that could further damage investor confidence if widely followed.
- Neutral Sentiment: Barclays lowered its price target on Badger Meter to $109 and maintained an underweight rating, reflecting a cautious view from one analyst but adding only incremental pressure versus the litigation headlines.
- Neutral Sentiment: Some coverage, including a Zacks note, points to the recent share pullback versus the broader market, but the immediate driver appears to be legal overhang rather than a fresh operational update.
Badger Meter 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.
See Also
- Five stocks we like better than Badger Meter
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Want to see what other hedge funds are holding BMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Badger Meter, Inc. (NYSE:BMI – Free Report).
Receive News & Ratings for Badger Meter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Badger Meter and related companies with MarketBeat.com's FREE daily email newsletter.
