Badger Meter (NYSE:BMI) Cut to “Sell” at Wall Street Zen

Badger Meter (NYSE:BMI) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Several other equities analysts have also weighed in on BMI. Maxim Group lowered Badger Meter from a “buy” rating to a “hold” rating in a research note on Thursday, April 23rd. Barclays set a $110.00 price objective on Badger Meter and gave the company an “underweight” rating in a research note on Monday, April 20th. Robert W. Baird dropped their target price on Badger Meter from $173.00 to $145.00 and set an “outperform” rating on the stock in a report on Monday, April 20th. Zacks Research downgraded Badger Meter from a “hold” rating to a “strong sell” rating in a report on Friday, June 5th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Badger Meter in a report on Thursday, May 21st. 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 company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $155.86.

Badger Meter Price Performance

NYSE BMI opened at $131.63 on Friday. The firm has a market capitalization of $3.84 billion, a P/E ratio of 29.71, a P/E/G ratio of 2.34 and a beta of 0.68. Badger Meter has a 1-year low of $112.09 and a 1-year high of $251.54. The business’s 50-day simple moving average is $129.92 and its 200-day simple moving average is $152.19.

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. 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%. On average, equities research analysts expect that Badger Meter will post 4.51 EPS for the current fiscal year.

Insider Activity at Badger Meter

In other news, VP Christina M. Tarantino purchased 870 shares of the stock in a transaction dated 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 acquisition, the vice president owned 1,801 shares of the company’s stock, valued at $204,953.80. The trade was a 93.45% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Kenneth Bockhorst purchased 2,200 shares of the stock in a transaction dated Tuesday, April 21st. The stock was purchased at an average price of $117.53 per share, with a total value of $258,566.00. Following the completion of the acquisition, the chief executive officer directly owned 51,676 shares in the company, valued at approximately $6,073,480.28. The trade was a 4.45% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 6,628 shares of company stock worth $777,128 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position 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 during the period. State Street Corp lifted its holdings in shares of Badger Meter by 1.4% in 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 buying an additional 20,122 shares during the period. Invesco Ltd. lifted its holdings in shares of Badger Meter by 20.9% in 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 buying an additional 168,053 shares during the period. Geode Capital Management LLC lifted its holdings in shares of 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 valued at $152,951,000 after buying an additional 4,035 shares during the period. Finally, Pictet Asset Management Holding SA raised its position in shares of Badger Meter by 39.2% during 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 period. Institutional investors and hedge funds own 89.01% of the company’s stock.

Key Stories Impacting Badger Meter

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

• Positive Sentiment: An investor-focused article on Badger Meter argued the stock could be attractive at current levels, highlighting valuation metrics that may appeal to long-term buyers. Is Badger Meter, Inc. (BMI) A Good Stock To Buy Now?
• Neutral Sentiment: Badger Meter also disclosed an amendment and extension of its $150 million revolving credit facility to 2031, which improves liquidity and financial flexibility but does not appear to be a major near-term catalyst. Badger Meter Extends Revolving Credit Facility to 2031
• Negative Sentiment: Multiple law firms announced or promoted class action lawsuits against Badger Meter over alleged securities-law violations, with claims centered on the company’s AMI transition and short-cycle municipal ordering practices. Class action lawsuit alert
• Negative Sentiment: The litigation update reminds investors of an August 3, 2026 lead-plaintiff deadline, keeping legal risk and potential reputational overhang in focus for BMI shares. Deadline Alert

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.