9,103 Shares in Badger Meter, Inc. $BMI Acquired by SEB Asset Management AB

SEB Asset Management AB acquired a new stake in Badger Meter, Inc. (NYSE:BMI) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,103 shares of the scientific and technical instruments company’s stock, valued at approximately $1,387,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its position 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 worth $26,000 after buying an additional 65 shares during the last quarter. Signaturefd LLC lifted its position in shares of Badger Meter by 15.5% during the 4th quarter. Signaturefd LLC now owns 521 shares of the scientific and technical instruments company’s stock valued at $91,000 after buying an additional 70 shares during the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of 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 worth $33,000 after acquiring an additional 71 shares during the period. Cardinal Capital Management grew its stake in shares of 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 worth $3,517,000 after acquiring an additional 75 shares during the period. Finally, Maryland State Retirement & Pension System increased its holdings in 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 worth $753,000 after acquiring an additional 79 shares during the last quarter. 89.01% of the stock is owned by institutional investors.

Badger Meter Trading Down 2.7%

BMI stock opened at $123.29 on Friday. The company’s 50 day moving average is $134.18 and its 200 day moving average is $144.10. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 28.81, a price-to-earnings-growth ratio of 2.27 and a beta of 0.64. Badger Meter, Inc. has a 1-year low of $112.09 and a 1-year high of $204.00.

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 (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.01. Badger Meter had a net margin of 14.27% and a return on equity of 18.03%. The company had revenue of $220.30 million during the quarter, compared to analyst estimates of $220.59 million. During the same period in the previous year, the business earned $1.17 earnings per share. The firm’s quarterly revenue was down 6.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Badger Meter, Inc. will post 4.51 EPS for the current fiscal year.

Trending Headlines about Badger Meter

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

• Positive Sentiment: JPMorgan Chase kept an overweight rating on Badger Meter and only trimmed its price target slightly to $170 from $172, implying meaningful upside from current levels. JPMorgan price target update
• Positive Sentiment: Royal Bank of Canada also reiterated an outperform rating, though it lowered its target to $162 from $169, suggesting analysts still expect recovery potential. RBC price target update
• Positive Sentiment: Badger Meter’s Q2 results came in slightly ahead of EPS estimates, with $1.02 per share versus the $1.01 consensus. Q2 2026 results
• Neutral Sentiment: Revenue was essentially in line with expectations at $220.3 million, but sales were down 6.6% year over year, and management’s outlook sounded cautious for the back half of the year. Earnings call highlights
• Negative Sentiment: Multiple law firms issued reminders about a securities class action and an August 3 lead-plaintiff deadline, keeping legal overhang front and center for investors. Class action reminder
• Negative Sentiment: The lawsuit alleges Badger Meter and executives concealed weakening demand and order trends, reinforcing concerns that the recent earnings decline may not be temporary. Allegations in lawsuit

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Royal Bank Of Canada dropped their price objective on shares of Badger Meter from $169.00 to $162.00 and set an “outperform” rating on the stock in a report on Thursday. Zacks Research upgraded shares of Badger Meter from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Robert W. Baird set a $167.00 price target on shares of Badger Meter and gave the company an “outperform” rating in a research report on Thursday. Stifel Nicolaus set a $170.00 price target on shares of Badger Meter and gave the company a “buy” rating in a research note on Monday. Finally, Maxim Group downgraded shares of Badger Meter from a “buy” rating to a “hold” rating in a report on Thursday, April 23rd. 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 company. According to MarketBeat.com, Badger Meter currently has a consensus rating of “Hold” and an average target price of $163.57.

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.