JPMorgan Chase & Co. Lowers Badger Meter (NYSE:BMI) Price Target to $170.00

Badger Meter (NYSE:BMI) had its price target decreased by research analysts at JPMorgan Chase & Co. from $172.00 to $170.00 in a research note issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the scientific and technical instruments company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 34.31% from the company’s current price.

A number of other brokerages have also commented on BMI. Seaport Research Partners set a $160.00 price target on Badger Meter in a report on Thursday. Zacks Research raised shares of Badger Meter from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Robert W. Baird set a $167.00 target price on shares of Badger Meter and gave the company an “outperform” rating in a research report on Thursday. Barclays lowered their target price on shares of Badger Meter from $110.00 to $109.00 and set an “underweight” rating on the stock in a research note on Monday, July 13th. Finally, Stifel Nicolaus set a $170.00 price target on shares of Badger Meter and gave the stock a “buy” rating in a research report on Monday. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $163.57.

Badger Meter Price Performance

Shares of BMI stock opened at $126.57 on Thursday. Badger Meter has a 12-month low of $112.09 and a 12-month high of $204.00. The firm has a market capitalization of $3.69 billion, a price-to-earnings ratio of 29.57, a price-to-earnings-growth ratio of 2.24 and a beta of 0.64. The business has a 50 day simple moving average of $134.43 and a 200 day simple moving average of $143.98.

Badger Meter (NYSE:BMI) last announced its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 earnings per share for the quarter, beating 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 firm had revenue of $220.30 million for the quarter, compared to the consensus estimate of $220.59 million. During the same quarter in the previous year, the business earned $1.17 EPS. The firm’s revenue for the quarter was down 6.6% on a year-over-year basis. On average, equities analysts anticipate that Badger Meter will post 4.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BMI. N.E.W. Advisory Services LLC purchased a new stake in shares of Badger Meter in the 4th quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd grew its position in Badger Meter by 76.5% during the 4th 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. purchased a new position in Badger Meter during the 4th quarter worth approximately $27,000. Brown Brothers Harriman & Co. raised its stake 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 valued at $33,000 after purchasing an additional 71 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new stake in Badger Meter during the 2nd quarter valued at $49,000. 89.01% of the stock is owned by hedge funds and other institutional investors.

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

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.