Geode Capital Management LLC Has $152.95 Million Position in Badger Meter, Inc. $BMI

Geode Capital Management LLC raised its stake in shares of Badger Meter, Inc. (NYSE:BMI) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 876,854 shares of the scientific and technical instruments company’s stock after buying an additional 4,035 shares during the quarter. Geode Capital Management LLC owned about 2.98% of Badger Meter worth $152,951,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Royce & Associates LP grew its position in shares of Badger Meter by 5.9% during the 4th quarter. Royce & Associates LP now owns 6,882 shares of the scientific and technical instruments company’s stock worth $1,200,000 after buying an additional 383 shares during the period. Tandem Investment Advisors Inc. grew its position in shares of Badger Meter by 60.4% during the 4th quarter. Tandem Investment Advisors Inc. now owns 2,771 shares of the scientific and technical instruments company’s stock worth $483,000 after buying an additional 1,043 shares during the period. New Age Alpha Advisors LLC grew its position in shares of Badger Meter by 16.2% during the 4th quarter. New Age Alpha Advisors LLC now owns 1,626 shares of the scientific and technical instruments company’s stock worth $284,000 after buying an additional 227 shares during the period. Hantz Financial Services Inc. grew its position in shares of Badger Meter by 15,880.4% during the 4th quarter. Hantz Financial Services Inc. now owns 8,949 shares of the scientific and technical instruments company’s stock worth $1,561,000 after buying an additional 8,893 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. grew its position in shares of Badger Meter by 70.3% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 28,818 shares of the scientific and technical instruments company’s stock worth $5,026,000 after buying an additional 11,896 shares during the period. 89.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Stifel Nicolaus set a $140.00 target price on Badger Meter in a research report on Friday, May 22nd. Royal Bank Of Canada restated an “outperform” rating on shares of Badger Meter in a research report on Thursday, May 21st. Weiss Ratings cut Badger Meter from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 4th. Zacks Research upgraded Badger Meter from a “strong sell” rating to a “hold” rating in a report on Friday, April 3rd. Finally, Maxim Group cut Badger Meter from a “buy” rating to a “hold” rating in a report on Thursday, April 23rd. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $155.86.

Key Headlines Impacting Badger Meter

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

• Negative Sentiment: A federal securities class action has been filed against Badger Meter covering investors who bought shares between April 18, 2024 and April 16, 2026, raising the risk of costly litigation and management distraction. Article Title
• Negative Sentiment: Several law firms, including Bernstein Liebhard, Faruqi & Faruqi, Robbins LLP, and others, are actively advertising investigations and lead-plaintiff deadlines, which can keep negative headlines in focus and weigh on sentiment. Article Title
• Neutral Sentiment: One market recap noted that BMI declined even as the broader market rose, suggesting investors may be rotating away from the stock while the legal overhang persists. Article Title

Badger Meter Price Performance

NYSE:BMI opened at $127.67 on Friday. Badger Meter, Inc. has a fifty-two week low of $112.09 and a fifty-two week high of $252.53. The stock has a market capitalization of $3.73 billion, a PE ratio of 28.82, a price-to-earnings-growth ratio of 2.33 and a beta of 0.68. The business’s 50-day simple moving average is $132.47 and its 200-day simple moving average is $153.85.

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

Badger Meter Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, May 22nd. Badger Meter’s payout ratio is 36.12%.

Insider Transactions at Badger Meter

In other news, VP Richard Htwe bought 1,700 shares of the business’s stock in a transaction on Tuesday, April 21st. The shares were purchased at an average price of $116.13 per share, for a total transaction of $197,421.00. Following the purchase, the vice president owned 7,603 shares of the company’s stock, valued at approximately $882,936.39. The trade was a 28.80% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Kenneth Bockhorst bought 2,200 shares of the business’s stock in a transaction on Tuesday, April 21st. The stock was purchased at an average price of $117.53 per share, for a total transaction of $258,566.00. Following the purchase, the chief executive officer directly owned 51,676 shares in the company, valued at approximately $6,073,480.28. This represents a 4.45% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have purchased 6,628 shares of company stock worth $777,128. Corporate insiders own 1.00% of the company’s stock.

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.