First Trust Advisors LP Buys 198,430 Shares of Badger Meter, Inc. $BMI

First Trust Advisors LP lifted its position in Badger Meter, Inc. (NYSE:BMI) by 54.8% during the first quarter, HoldingsChannel.com reports. The fund owned 560,356 shares of the scientific and technical instruments company’s stock after purchasing an additional 198,430 shares during the period. First Trust Advisors LP’s holdings in Badger Meter were worth $85,370,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Amova Asset Management Americas Inc. increased its position in shares of Badger Meter by 36.1% in the 1st quarter. Amova Asset Management Americas Inc. now owns 7,174 shares of the scientific and technical instruments company’s stock valued at $1,093,000 after buying an additional 1,902 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Badger Meter by 5.8% in 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 acquiring an additional 29,623 shares in the last quarter. SEB Asset Management AB acquired a new stake in shares of Badger Meter during the first quarter worth about $1,387,000. Gallacher Capital Management LLC acquired a new position in shares of Badger Meter in the 1st quarter valued at approximately $217,000. Finally, Regency Capital Management Inc. DE bought a new stake in Badger Meter during the 1st quarter worth approximately $3,019,000. Institutional investors and hedge funds own 89.01% of the company’s stock.

Badger Meter Price Performance

Shares of NYSE BMI opened at $126.57 on Friday. The business has a 50-day moving average of $134.43 and a 200-day moving average of $143.98. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 29.57, a PEG ratio of 2.24 and a beta of 0.64. Badger Meter, Inc. has a fifty-two week low of $112.09 and a fifty-two week high of $204.00.

Badger Meter (NYSE:BMI) last released its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.01. Badger Meter had a return on equity of 18.03% and a net margin of 14.27%.The business had revenue of $220.30 million for the quarter, compared to analyst estimates of $220.59 million. During the same quarter in the prior year, the company posted $1.17 earnings per share. Badger Meter’s revenue was down 6.6% on a year-over-year basis. On average, sell-side analysts expect that Badger Meter, Inc. will post 4.44 EPS for the current year.

More Badger Meter News

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

• Negative Sentiment: Badger Meter’s Q2 2026 results were mixed: earnings per share slightly beat expectations, but revenue came in below consensus and fell 6.6% year over year, while margins also weakened. Investors appeared disappointed by the softer profitability and the company’s cautious near-term outlook. Article Title
• Negative Sentiment: The company is facing a securities class action lawsuit alleging investor harm during the April 18, 2024 to April 16, 2026 period, with multiple law firms urging shareholders to act before the August 3 lead-plaintiff deadline. These notices can add overhang and uncertainty for the stock. Article Title
• Negative Sentiment: Additional legal updates from Rosen, Faruqi, Pomerantz, Schall, Bernstein Liebhard and others reinforce that litigation risk remains a major investor concern for Badger Meter (BMI). Article Title
• Neutral Sentiment: Some analysts remain constructive despite the pullback: JPMorgan and RBC both trimmed price targets but kept bullish ratings, suggesting they still see upside over the longer term. Article Title
• Neutral Sentiment: Optimistic commentary from Seeking Alpha argues the long-term thesis is intact and that project deployments could help restart earnings growth later in 2026, but this has not offset the near-term earnings and legal concerns. Article Title

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus set a $170.00 target price on shares of Badger Meter and gave the stock a “buy” rating in a research note on Monday. Zacks Research raised Badger Meter from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Royal Bank Of Canada cut their price target on Badger Meter from $169.00 to $162.00 and set an “outperform” rating on the stock in a report on Thursday. Wall Street Zen cut Badger Meter from a “hold” rating to a “sell” rating in a research report on Saturday, June 13th. Finally, Barclays decreased their price objective on Badger Meter from $110.00 to $109.00 and set an “underweight” rating for the company in a report on Monday, July 13th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $163.57.

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.