California Public Employees Retirement System Sells 9,075 Shares of Badger Meter, Inc. $BMI

California Public Employees Retirement System lowered its stake in Badger Meter, Inc. (NYSE:BMI) by 17.7% during the first quarter, HoldingsChannel.com reports. The firm owned 42,307 shares of the scientific and technical instruments company’s stock after selling 9,075 shares during the period. California Public Employees Retirement System’s holdings in Badger Meter were worth $6,445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC acquired a new stake in shares of Badger Meter during the fourth quarter worth $25,000. Caitong International Asset Management Co. Ltd lifted its stake in 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 buying an additional 65 shares during the period. Godfrey Financial Associates Inc. acquired a new position in Badger Meter in the fourth quarter valued at about $27,000. Brown Brothers Harriman & Co. boosted its holdings in Badger Meter by 62.3% during the third quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 71 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in Badger Meter during the second quarter worth about $49,000. 89.01% of the stock is currently owned by institutional investors.

Badger Meter Trading Up 0.2%

NYSE:BMI opened at $126.57 on Monday. Badger Meter, Inc. has a 1 year low of $112.09 and a 1 year high of $204.00. The stock has a 50-day moving average price of $134.43 and a two-hundred day moving average price of $143.74. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 29.57, a PEG ratio of 2.30 and a beta of 0.64.

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

Trending Headlines about Badger Meter

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. JPMorgan Chase & Co. lowered their price target on Badger Meter from $172.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday. Zacks Research raised shares of Badger Meter from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Barclays decreased their price objective on shares of Badger Meter from $110.00 to $109.00 and set an “underweight” rating for the company in a report on Monday, July 13th. Weiss Ratings downgraded shares of Badger Meter from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Finally, Seaport Research Partners set a $160.00 target price on shares of Badger Meter in a report on Thursday. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $163.57.

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.