BMI

BADGER METER INC

NYSE · Totalizing Fluid Meters & Counting Devices · Inc. WI · CIK 0000009092
$131.73 +0.93% $3.8B
Insider Buying Cluster (5 insiders)High Impact Filing (7/10)24 New Institutional Positions19 Institutional Exits
Vol
Market Cap$3.8B
Cap SizeMid Cap
Analyst ConsensusBuy (59%)
Inst. Holders50 funds
Inst. Value$3.2B
Inst. Activity24 buys / 19 sells
Insider Activity5B / 2S
Insider Net $$734.2K
Reddit Sentiment50° Neutral
SEC Reports8
Exchange NYSE·Sector Totalizing Fluid Meters & Counting Devices·Inc. WI·CIK 0000009092·Prev Close $130.52

Recent Activity

Jun 11, 2026 SEC
Badger Meter amended and extended its $150 million multi-currency revolving credit facility, pushing the maturity date f
8-K — Impact 4/10
May 21, 2026 SEC
Badger Meter hosted its 2026 Investor Day on May 21, 2026, presenting a comprehensive strategic and financial update. Th
8-K — Impact 5/10
May 1, 2026 Insider
Liu Xia was granted 131.28 shares
Director @ $152.35 ($20.0K)
Apr 29, 2026 SEC
Five Badger Meter insiders, including CEO Kenneth Bockhorst, made open-market purchases totaling $777K over six days, re
CLUSTER — Impact 2/10
Apr 27, 2026 Insider
STERN JAMES F was granted 952 shares
Director @ $122.96 ($117.1K)
Apr 27, 2026 Insider
Cook Melanie K. was granted 952 shares
Director @ $122.96 ($117.1K)
Inst.
FIRST TRUST ADVISORS LP — ADD
560,356 shares ($85.4M)
Inst.
MARSHALL WACE, LLP — ADD
506,690 shares ($77.2M)

Price Targets

$147.00 +11.6% upside Buy
Current $131.73 Low $110.00 Median $150.00 High $169.00 9 analysts
$110.00 $169.00

Analyst Ratings

Hold59% buy · 17 analysts
4Strong Buy
6Buy
6Hold
1Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Apr 23, 2026 Maxim Group DOWNGRADE Buy → Hold
Apr 20, 2026 RBC Capital MAINTAIN Outperform → Outperform
Apr 20, 2026 Barclays MAINTAIN Underweight → Underweight
Apr 20, 2026 Stifel MAINTAIN Buy → Buy
Apr 20, 2026 Baird MAINTAIN Outperform → Outperform

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $1.03 $0.96 — $1.07 -12% YoY 7
Next Q $1.29 ▲ +2.4% $1.22 — $1.34 8% YoY 7
Current FY $4.65 ▲ +2.8% $4.47 — $4.90 -3% YoY 7
Next FY $5.22 ▲ +6.1% $5.09 — $5.45 12% YoY 7

Top Institutional Holders

FundValueMove
NOMURA ASSET MANAGEMENT CO
BlackRock, Inc.$754.4M
VANGUARD PORTFOLIO MANAGEMENT LLC$373.5M
STATE STREET CORP$232.3M
VANGUARD CAPITAL MANAGEMENT LLC$198.3M

Recent Insider Trades

DateInsiderTypeValue
May 1, 2026Liu XiaA$20.0K
Apr 27, 2026STERN JAMESA$117.1K
Apr 27, 2026Cook MelanieA$117.1K
Apr 27, 2026Liu XiaA$117.1K
Apr 27, 2026Myers TessaA$117.1K

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
5 mentions 0 bullish 0 bearish
50 institutional holders with $3.2B total value (20,862,395 shares) as of 2026-Q1. Top holders: NOMURA, BlackRock,, VANGUARD. Net buying activity: 24 institutions added/increased vs 19 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1NOMURA ASSET MANAGEMENT CO LTD$0.000.0%
2BlackRock, Inc.4,951,882$754.4M23.7%
3VANGUARD PORTFOLIO MANAGEMENT LLC2,451,651$373.5M11.8%
4STATE STREET CORP1,524,970$232.3M7.3%
5VANGUARD CAPITAL MANAGEMENT LLC1,301,620$198.3M6.2%
6Invesco Ltd.777,907$118.5M3.7%
7MORGAN STANLEY663,192$101.0M3.2%
8FIRST TRUST ADVISORS LP560,356$85.4M2.7%ADD +54.8%
9DIMENSIONAL FUND ADVISORS LP540,272$82.3M2.6%
10Boston Trust Walden Corp530,169$80.8M2.5%ADD +53.8%
11MARSHALL WACE, LLP506,690$77.2M2.4%ADD +80.9%
12GOLDMAN SACHS GROUP INC464,823$70.8M2.2%
13Amundi459,063$70.0M2.2%
14Pictet Asset Management Holding SA394,344$60.1M1.9%TRIM -47.7%
15Neuberger Berman Group LLC346,720$52.8M1.7%
16CHARLES SCHWAB INVESTMENT MANAGEMENT INC319,564$48.7M1.5%
17BAMCO INC /NY/312,213$47.6M1.5%
18BANK OF AMERICA CORP /DE/292,852$44.6M1.4%DOUBLED +133.5%
19KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC269,551$41.1M1.3%
20MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.263,870$40.2M1.3%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
FIRST TRUST ADVISORS LPADD361,926560,356+54.8%$85.4M2026-Q1
MARSHALL WACE, LLPADD280,157506,690+80.9%$77.2M2026-Q1
Pictet Asset Management Holding SATRIM754,402394,344-47.7%$60.1M2026-Q1
BANK OF AMERICA CORP /DE/DOUBLED125,408292,852+133.5%$44.6M2026-Q1
Grantham, Mayo, Van Otterloo & Co. LLCADD105,919203,754+92.4%$31.0M2026-Q1
RENAISSANCE TECHNOLOGIES LLCADD138,400199,200+43.9%$30.3M2026-Q1
TD ASSET MANAGEMENT INCNEW182,010$27.7M2026-Q1
JUPITER ASSET MANAGEMENT LTDADD100,526131,449+30.8%$20.0M2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCTRIM162,962113,238-30.5%$17.3M2026-Q1
Epoch Investment Partners, Inc.NEW100,872$15.4M2026-Q1
DEUTSCHE BANK AG\ADD62,73794,006+49.8%$14.3M2026-Q1
Swiss Life Asset Management LtdADD55,98871,111+27.0%$10.8M2026-Q1
VICTORY CAPITAL MANAGEMENT INCDOUBLED16,25259,584+266.6%$9.1M2026-Q1
TEACHER RETIREMENT SYSTEM OF TEXASADD31,43443,828+39.4%$6.7M2026-Q1
CI INVESTMENTS INC.ADD30,07740,920+36.1%$6.2M2026-Q1
SEI INVESTMENTS CODOUBLED13,33637,955+184.6%$5.8M2026-Q1
FEDERATED HERMES, INC.DOUBLED5,84635,723+511.1%$5.4M2026-Q1
Holocene Advisors, LPDOUBLED6,08724,140+296.6%$3.7M2026-Q1
FIFTH THIRD BANCORPDOUBLED20320,429+9963.5%$3.1M2026-Q1
JANUS HENDERSON GROUP PLCNEAR_EXIT65,50712,849-80.4%$2.0M2026-Q1
Sumitomo Mitsui Trust Group, Inc.ADD5,8917,793+32.3%$1.2M2026-Q1
State of Tennessee, Department of TreasuryTRIM12,8356,668-48.0%$1.0M2026-Q1
VOYA INVESTMENT MANAGEMENT LLCTRIM13,6186,108-55.1%$930.6K2026-Q1
Pinnacle Financial Partners, Inc.DOUBLED2,6385,422+105.5%$826.0K2026-Q1
Gotham Asset Management, LLCADD3,1125,191+66.8%$790.8K2026-Q1
19 unique insiders with 50 transactions. Net insider value: $734.2K ($777.1K bought, $42.9K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 1, 2026Liu XiaDirectorAWARD131.28$152.35$20.0K
Apr 27, 2026STERN JAMES FDirectorAWARD952$122.96$117.1K
Apr 27, 2026Cook Melanie K.DirectorAWARD952$122.96$117.1K
Apr 27, 2026Liu XiaDirectorAWARD952$122.96$117.1K
Apr 27, 2026Myers Tessa M.DirectorAWARD952$122.96$117.1K
Apr 27, 2026McGill James WDirectorAWARD952$122.96$117.1K
Apr 27, 2026TELLOCK GLEN EDirectorAWARD952$122.96$117.1K
Apr 27, 2026Brooks Henry FDirectorAWARD952$122.96$117.1K
Apr 27, 2026ADAMS TODD A.DirectorAWARD952$122.96$117.1K
Apr 23, 2026Wrocklage RobertEVP-N.A. Muncipal UtilityBUY1,000$122.35$122.3K
Apr 21, 2026Bockhorst KennethChairman, President & CEOBUY2,200$117.53$258.6K
Apr 21, 2026Callahan Edward F.VP-EngineeringBUY858$116.30$99.8K
Apr 21, 2026Tarantino Christina M.VP-ControllerBUY870$113.80$99.0K
Apr 21, 2026BERGUM WILLIAM R AVP-Gen. Counsel and SecretaryI1,413.76$123.78$175.0K
Apr 21, 2026Htwe RichardVP-Global OperationsBUY1,700$116.13$197.4K
Apr 1, 2026Liu XiaDirectorAWARD124.71$152.35$19.0K
Apr 1, 2026ADAMS TODD A.DirectorAWARD124.71$152.35$19.0K
Mar 6, 2026Wrocklage RobertEVP-N.A. Muncipal UtilityTAX W/H210$148.85$31.3K
Mar 6, 2026Wrocklage RobertEVP-N.A. Muncipal UtilityAWARD1,312
Mar 6, 2026Begale Fred JVP-Utility NPDTAX W/H36$148.85$5.4K
Mar 6, 2026Htwe RichardVP-Global OperationsTAX W/H41$148.85$6.1K
Mar 6, 2026Htwe RichardVP-Global OperationsAWARD369
Mar 6, 2026Tarantino Christina M.VP-ControllerAWARD246
Mar 6, 2026Bockhorst KennethChairman, President & CEOTAX W/H450$148.85$67.0K
Mar 6, 2026Stoll Kimberly KVP-Cust Serv & GM SmartCoverAWARD410
Mar 6, 2026Stoll Kimberly KVP-Cust Serv & GM SmartCoverSELL143$144.50$20.7K
Mar 6, 2026Hopkins SherylVP - Human ResourcesTAX W/H46$148.85$6.8K
Mar 6, 2026Hopkins SherylVP - Human ResourcesAWARD369
Mar 6, 2026Weltzien Daniel RVP-CFO & TreasurerTAX W/H41$148.85$6.1K
Mar 6, 2026Weltzien Daniel RVP-CFO & TreasurerAWARD738
Mar 6, 2026Stuyvenberg Matthew LEVP-SaaS Intl Utility & Comm'lAWARD451
Mar 6, 2026BERGUM WILLIAM R AVP-Gen. Counsel and SecretaryAWARD369
Mar 6, 2026BERGUM WILLIAM R AVP-Gen. Counsel and SecretaryTAX W/H46$148.85$6.8K
Mar 6, 2026Callahan Edward F.VP-EngineeringAWARD328
Mar 4, 2026Begale Fred JVP-Utility NPDEXERCISE2,064$33.98$70.1K
Mar 3, 2026Htwe RichardVP-Global OperationsTAX W/H449$148.76$66.8K
Mar 3, 2026BERGUM WILLIAM R AVP-Gen. Counsel and SecretaryTAX W/H420$148.76$62.5K
Mar 3, 2026Weltzien Daniel RVP-CFO & TreasurerTAX W/H449$148.76$66.8K
Mar 3, 2026Begale Fred JVP-Utility NPDTAX W/H449$148.76$66.8K
Mar 3, 2026Bockhorst KennethChairman, President & CEOTAX W/H10,685$148.76$1.6M
Mar 3, 2026Wrocklage RobertEVP-N.A. Muncipal UtilityTAX W/H1,728$148.76$257.1K
Mar 3, 2026Hopkins SherylVP - Human ResourcesTAX W/H449$148.76$66.8K
Mar 3, 2026BERGUM WILLIAM R AVP-Gen. Counsel and SecretaryEXERCISE2,064$33.98$70.1K
Feb 27, 2026Weltzien Daniel RVP-CFO & TreasurerTAX W/H47$152.43$7.2K
Feb 27, 2026Bockhorst KennethChairman, President & CEOTAX W/H548$152.43$83.5K
Feb 27, 2026Wrocklage RobertEVP-N.A. Muncipal UtilityTAX W/H172$152.43$26.2K
Feb 27, 2026Hopkins SherylVP - Human ResourcesTAX W/H54$152.43$8.2K
Feb 27, 2026Begale Fred JVP-Utility NPDTAX W/H41$152.43$6.2K
Feb 27, 2026Stoll Kimberly KVP-Cust Serv & GM SmartCoverSELL148$150.38$22.3K
Feb 27, 2026BERGUM WILLIAM R AVP-Gen. Counsel and SecretaryTAX W/H47$152.43$7.2K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Hold (59% buy). Based on 17 analysts: 4 strong buy, 6 buy, 6 hold, 1 sell, 0 strong sell.

Analyst Price Targets

$147.00 mean target +11.6% upside Buy (2.23)
$110.00 Low $169.00 High
MetricValue
Current Price$131.73
Target Low$110.00
Target Mean$147.00
Target Median$150.00
Target High$169.00
# Analysts9
RecommendationBuy (2.23)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$1.03 $0.96 $1.07 -11.5% +0.3% 1↑ 0↓ $0.2B -7.0% 7
Next Q
2026-09-30
$1.29 $1.22 $1.34 8.3% +2.4% 0↑ 1↓ $0.2B 5.1% 7
Current FY
2026-12-31
$4.65 $4.47 $4.90 -3.0% +2.8% 1↑ 1↓ $0.9B 0.4% 7
Next FY
2027-12-31
$5.22 $5.09 $5.45 12.4% +6.1% 1↑ 1↓ $1.0B 8.3% 7

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$1.035
7d ago$1.035
30d ago$1.031+0.004
60d ago$1.270-0.235
90d ago$1.271-0.236
8 analyst firms have rated this stock: 1 upgrades, 2 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Apr 23, 2026 Maxim Group DOWNGRADE Buy Hold
Apr 20, 2026 RBC Capital MAINTAIN Outperform Outperform
Apr 20, 2026 Barclays MAINTAIN Underweight Underweight
Apr 20, 2026 Stifel MAINTAIN Buy Buy
Apr 20, 2026 Baird MAINTAIN Outperform Outperform
Apr 17, 2026 JP Morgan MAINTAIN Overweight Overweight
Apr 14, 2026 Stifel MAINTAIN Buy Buy
Mar 30, 2026 Baird UPGRADE Neutral Outperform
Feb 2, 2026 Argus Research DOWNGRADE Buy Hold
Jan 29, 2026 Barclays MAINTAIN Underweight Underweight
Jan 29, 2026 JP Morgan MAINTAIN Overweight Overweight
Jan 29, 2026 Jefferies MAINTAIN Buy Buy
Jan 29, 2026 RBC Capital MAINTAIN Outperform Outperform
Jan 29, 2026 Stifel MAINTAIN Buy Buy
Jan 7, 2026 Barclays INITIATE Underweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20264661059%
May 1, 20264661059%
Apr 1, 20264661059%
Mar 1, 20263671053%
Feb 1, 20264661059%
Jan 1, 20264660063%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

50°
Neutral
Bearish Neutral Bullish
5 mentions 0 bullish 0 bearish 4 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Apr 18, 2026250° Neutral002
Apr 18, 2026150° Neutral001
Apr 17, 2026150° Neutral001
Apr 17, 2026150° Neutral001
Apr 22, 2026
short_volume
Short Volume: BMI — 63.7% short (0.4M / 0.6M)
Short: 352,400 | Exempt: 2,600 | TRF Vol: 553,595 | Short Ratio: 63.7% | Off-exchange volume (dark pool + OTC)
Apr 20, 2026
short_volume
Short Volume: BMI — 57.8% short (0.7M / 1.2M)
Short: 713,236 | Exempt: 32,091 | TRF Vol: 1,233,860 | Short Ratio: 57.8% | Off-exchange volume (dark pool + OTC)
Apr 20, 2026
short_interest
FTD: BMI — 41,167 shares ($4.8M) failed to deliver
Settlement: 20260420, Price: $115.54, FTD Value: $4,756,435.18, BADGER METER INC
Apr 17, 2026
short_volume
Short Volume: BMI — 61.2% short (1.1M / 1.9M)
Short: 1,138,356 | Exempt: 64,208 | TRF Vol: 1,858,627 | Short Ratio: 61.2% | Off-exchange volume (dark pool + OTC)
Apr 17, 2026
earnings_calendar
BMI Q1 2026 Earnings Before Market Open — 2026-04-17
Mar 5, 2026
short_interest
FTD: BMI — 5,432 shares ($0.8M) failed to deliver
Settlement: 20260305, Price: $149.11, FTD Value: $809,965.52, BADGER METER INC
Mar 2, 2026
short_interest
FTD: BMI — 4,805 shares ($0.7M) failed to deliver
Settlement: 20260302, Price: $152.43, FTD Value: $732,426.15, BADGER METER INC
Feb 12, 2026
short_interest
FTD: BMI — 7,251 shares ($1.1M) failed to deliver
Settlement: 20260212, Price: $156.92, FTD Value: $1,137,826.92, BADGER METER INC