Badger Meter, Inc. $BMI Shares Sold by State of Alaska Department of Revenue

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

A number of other institutional investors and hedge funds have also recently bought and sold shares of BMI. GAMMA Investing LLC grew its stake in Badger Meter by 8.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,024 shares of the scientific and technical instruments company’s stock valued at $127,000 after purchasing an additional 82 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in Badger Meter by 2.4% during the 2nd quarter. Benjamin Edwards Inc. now owns 3,680 shares of the scientific and technical instruments company’s stock worth $546,000 after purchasing an additional 88 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Badger Meter by 212.9% during 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. Public Employees Retirement System of Ohio acquired a new position in shares of Badger Meter in the 2nd quarter valued at approximately $27,000. Finally, Dunhill Financial LLC acquired a new position in shares of Badger Meter in the 2nd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 89.01% of the company’s stock.

Badger Meter Stock Performance

NYSE:BMI opened at $150.98 on Friday. The company has a market capitalization of $4.38 billion, a price-to-earnings 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. The stock has a 50-day simple moving average of $130.63 and a 200 day simple moving average of $132.46.

Badger Meter (NYSE:BMI) last announced its quarterly earnings data on Thursday, October 22nd. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $240.35 million. During the same period in the previous year, the company earned $1.19 earnings per share. Badger Meter’s quarterly revenue was up .1% on a year-over-year basis. On average, equities research analysts forecast that Badger Meter, Inc. will post 4.50 EPS 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 $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 28th. This is a positive change from Badger Meter’s previous quarterly dividend of $0.40. Badger Meter’s payout ratio is 41.12%.

Insider Activity at Badger Meter

In other news, VP Edward Callahan purchased 751 shares of the 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 acquisition, the vice president owned 1,937 shares of the company’s stock, valued at $261,979.25. The trade was a 63.32% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Trending Headlines about Badger Meter

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

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Barclays increased their target price on Badger Meter from $111.00 to $112.00 and gave the company an “underweight” rating in a research note on Friday. Zacks Research upgraded shares of Badger Meter from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Robert W. Baird set a $175.00 price target on shares of Badger Meter in a research note on Friday. Stifel Nicolaus set a $168.00 price target on shares of Badger Meter in a report on Friday. Finally, Northcoast Research upgraded shares of Badger Meter from a “neutral” rating to a “buy” rating and set a $148.00 price objective on the stock in a research note on Friday, September 18th. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $165.88.

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.