Bank of New York Mellon Corp Has $31.27 Million Stock Position in Badger Meter, Inc. $BMI

Bank of New York Mellon Corp reduced its position in shares of Badger Meter, Inc. (NYSE:BMI) by 2.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 205,244 shares of the scientific and technical instruments company’s stock after selling 4,972 shares during the period. Bank of New York Mellon Corp’s holdings in Badger Meter were worth $31,269,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BMI. N.E.W. Advisory Services LLC bought a new stake in Badger Meter during the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd raised its stake 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 during the last quarter. Godfrey Financial Associates Inc. bought a new position in shares of Badger Meter in the fourth quarter valued at approximately $27,000. Brown Brothers Harriman & Co. boosted its holdings in shares of Badger Meter by 62.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock worth $33,000 after acquiring an additional 71 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Badger Meter in the 2nd quarter worth approximately $49,000. 89.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BMI. Maxim Group cut Badger Meter from a “buy” rating to a “hold” rating in a report on Thursday, April 23rd. Barclays reduced their price objective on Badger Meter from $110.00 to $109.00 and set an “underweight” rating on the stock in a research note on Monday, July 13th. Wall Street Zen cut Badger Meter from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. Royal Bank Of Canada decreased their target price on Badger Meter from $169.00 to $162.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Weiss Ratings lowered Badger Meter from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $163.57.

Badger Meter Stock Performance

NYSE BMI opened at $126.57 on Monday. The stock has a market capitalization of $3.67 billion, a P/E ratio of 29.57, a price-to-earnings-growth ratio of 2.30 and a beta of 0.64. Badger Meter, Inc. has a 52 week low of $112.09 and a 52 week high of $204.00. The stock has a fifty day moving average of $134.43 and a 200-day moving average of $143.74.

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

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

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.