Royal Bank Of Canada Issues Pessimistic Forecast for Badger Meter (NYSE:BMI) Stock Price

Badger Meter (NYSE:BMI) had its price target decreased by research analysts at Royal Bank Of Canada from $169.00 to $162.00 in a research report issued on Thursday, MarketBeat reports. The firm presently has an “outperform” rating on the scientific and technical instruments company’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 27.99% from the company’s current price.

Several other research firms have also weighed in on BMI. JPMorgan Chase & Co. decreased their price target on Badger Meter from $190.00 to $160.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Maxim Group cut shares of Badger Meter from a “buy” rating to a “hold” rating in a research report on Thursday, April 23rd. Barclays reduced their price target on Badger Meter from $110.00 to $109.00 and set an “underweight” rating on the stock in a report on Monday, July 13th. Stifel Nicolaus set a $170.00 price target on shares of Badger Meter and gave the stock a “buy” rating in a research note on Monday. Finally, Robert W. Baird set a $167.00 price objective on shares of Badger Meter and gave the company an “outperform” rating in a research report on Thursday. 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 stock. According to data from MarketBeat, Badger Meter has a consensus rating of “Hold” and a consensus price target of $163.57.

Badger Meter Trading Up 2.7%

BMI opened at $126.57 on Thursday. The stock has a 50-day moving average of $134.43 and a 200 day moving average of $143.98. Badger Meter has a 12 month low of $112.09 and a 12 month high of $204.00. The firm has a market cap of $3.69 billion, a P/E ratio of 29.57, a P/E/G ratio of 2.24 and a beta of 0.64.

Badger Meter (NYSE:BMI) last issued its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.01. The business had revenue of $220.30 million for the quarter, compared to the consensus estimate of $220.59 million. Badger Meter had a return on equity of 18.03% and a net margin of 14.27%.The company’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.17 earnings per share. On average, research analysts forecast that Badger Meter will post 4.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Badger Meter

Institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its holdings in shares of Badger Meter by 76.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 65 shares in the last quarter. Signaturefd LLC grew its holdings in Badger Meter by 15.5% during the 4th quarter. Signaturefd LLC now owns 521 shares of the scientific and technical instruments company’s stock worth $91,000 after acquiring an additional 70 shares in the last quarter. Brown Brothers Harriman & Co. increased its position 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. Cardinal Capital Management increased its position in Badger Meter by 0.4% during the 4th quarter. Cardinal Capital Management now owns 20,165 shares of the scientific and technical instruments company’s stock valued at $3,517,000 after purchasing an additional 75 shares during the period. Finally, Maryland State Retirement & Pension System raised its holdings in shares of Badger Meter by 1.9% in the 4th quarter. Maryland State Retirement & Pension System now owns 4,316 shares of the scientific and technical instruments company’s stock valued at $753,000 after purchasing an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 89.01% of the company’s stock.

Badger Meter News Summary

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

About Badger Meter

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.