Gamco Investors INC. ET AL increased its stake in Badger Meter, Inc. (NYSE:BMI – Free Report) by 5.3% during the 1st quarter, HoldingsChannel reports. The firm owned 98,725 shares of the scientific and technical instruments company’s stock after buying an additional 5,000 shares during the period. Gamco Investors INC. ET AL’s holdings in Badger Meter were worth $15,041,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the stock. Modern Wealth Management LLC lifted its holdings in shares of Badger Meter by 18.8% during the 1st quarter. Modern Wealth Management LLC now owns 2,372 shares of the scientific and technical instruments company’s stock valued at $366,000 after buying an additional 376 shares during the period. Caxton Associates LLP bought a new position in Badger Meter in the first quarter worth approximately $4,845,000. Gibbs Wealth Management bought a new stake in Badger Meter during the first quarter valued at about $353,000. Sei Investments Co. increased its holdings in Badger Meter by 184.6% in the 1st quarter. Sei Investments Co. now owns 37,955 shares of the scientific and technical instruments company’s stock worth $5,782,000 after acquiring an additional 24,619 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Badger Meter by 8.0% in the first quarter. Cetera Investment Advisers now owns 6,383 shares of the scientific and technical instruments company’s stock worth $972,000 after purchasing an additional 474 shares in the last quarter. Institutional investors own 89.01% of the company’s stock.
Wall Street Analyst Weigh In
BMI has been the topic of a number of research analyst reports. Royal Bank Of Canada lowered their price target on Badger Meter from $169.00 to $162.00 and set an “outperform” rating on the stock in a report on Thursday. Seaport Research Partners set a $160.00 price target on shares of Badger Meter in a report on Thursday. JPMorgan Chase & Co. cut their price objective on shares of Badger Meter from $172.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday. Weiss Ratings downgraded Badger Meter from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 9th. Finally, Wall Street Zen cut shares of Badger Meter from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Badger Meter presently has a consensus rating of “Hold” and an average price target of $163.57.
Badger Meter Trading Up 2.7%
Shares of Badger Meter stock opened at $126.57 on Friday. The stock’s fifty day moving average price is $134.43 and its 200-day moving average price is $143.98. The firm has a market cap of $3.69 billion, a P/E ratio of 29.57, a P/E/G ratio of 2.30 and a beta of 0.64. Badger Meter, Inc. has a 12 month low of $112.09 and a 12 month high of $204.00.
Badger Meter (NYSE:BMI – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates 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 prior year, the firm earned $1.17 earnings per share. The firm’s revenue for the quarter was down 6.6% compared to the same quarter last year. Analysts forecast that Badger Meter, Inc. will post 4.44 earnings per share for the current year.
Badger Meter News Roundup
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 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.
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