Badger Meter, Inc. (NYSE:BMI) Given Consensus Recommendation of “Hold” by Brokerages

Badger Meter, Inc. (NYSE:BMI) has been given an average recommendation of “Hold” by the eleven research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $163.5714.

A number of equities research analysts have recently weighed in on the stock. 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. JPMorgan Chase & Co. lowered their price objective on shares of Badger Meter from $172.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday. Royal Bank Of Canada dropped their price objective on shares of Badger Meter from $169.00 to $162.00 and set an “outperform” rating for the company in a research note on Thursday. Seaport Research Partners set a $160.00 price objective on shares of Badger Meter in a research note on Thursday. Finally, 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.

Badger Meter Stock Up 2.7%

Shares of BMI stock opened at $126.57 on Friday. The business has a fifty day simple moving average of $134.43 and a 200 day simple moving average of $143.98. The company 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 has a twelve month low of $112.09 and a twelve month high of $204.00.

Badger Meter (NYSE:BMI) last released its earnings results 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 firm had revenue of $220.30 million for the quarter, compared to analysts’ expectations of $220.59 million. Badger Meter had a return on equity of 18.03% and a net margin of 14.27%.The business’s revenue for the quarter was down 6.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.17 earnings per share. As a group, equities research analysts anticipate that Badger Meter will post 4.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BMI. Kornitzer Capital Management Inc. KS bought a new position in Badger Meter in the first quarter valued at about $1,447,000. Capital Innovations LLC acquired a new stake in shares of Badger Meter during the fourth quarter valued at about $6,867,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Badger Meter during the fourth quarter worth about $2,126,000. Bessemer Group Inc. grew its holdings in shares of Badger Meter by 14.1% during the fourth quarter. Bessemer Group Inc. now owns 166,407 shares of the scientific and technical instruments company’s stock worth $29,023,000 after purchasing an additional 20,624 shares during the last quarter. Finally, Tudor Investment Corp ET AL increased its stake in shares of Badger Meter by 67.0% in the third quarter. Tudor Investment Corp ET AL now owns 106,927 shares of the scientific and technical instruments company’s stock valued at $19,095,000 after buying an additional 42,891 shares during the period. 89.01% of the stock is currently owned by 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

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.