Key Points
- CEO Kenneth Bockhorst bought 2,200 shares at an average price of $117.53 on April 21 for $258,566, increasing his stake to 51,676 shares (a 4.45% rise), a direct insider purchase that signals management confidence.
- Badger Meter's recent quarter missed estimates, leading multiple analysts to lower price targets and forecasts, which creates near‑term negative pressure on the stock.
- Two investor‑loss litigation alerts have been filed against the company, while institutional investors collectively hold about 89% of the shares, indicating concentrated ownership and potential headline risk.
Badger Meter, Inc. (NYSE:BMI - Get Free Report) CEO Kenneth Bockhorst purchased 2,200 shares of the stock in a transaction on Tuesday, April 21st. The shares were purchased at an average cost of $117.53 per share, with a total value of $258,566.00. Following the transaction, the chief executive officer owned 51,676 shares in the company, valued at $6,073,480.28. This trade represents a 4.45% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Kenneth Bockhorst also recently made the following trade(s):
- On Tuesday, February 10th, Kenneth Bockhorst acquired 3,300 shares of Badger Meter stock. The shares were bought at an average price of $152.42 per share, with a total value of $502,986.00.
Badger Meter Stock Performance
NYSE BMI opened at $120.41 on Wednesday. The stock has a 50-day simple moving average of $151.02 and a two-hundred day simple moving average of $166.53. The firm has a market capitalization of $3.51 billion, a P/E ratio of 27.18, a PEG ratio of 1.90 and a beta of 0.90. Badger Meter, Inc. has a fifty-two week low of $112.09 and a fifty-two week high of $256.08.
Badger Meter (NYSE:BMI - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 earnings per share for the quarter. The business had revenue of $220.71 million during the quarter. Badger Meter had a return on equity of 18.76% and a net margin of 14.56%. As a group, analysts forecast that Badger Meter, Inc. will post 4.98 earnings per share for the current year.
Badger Meter Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, February 27th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.3%. Badger Meter's dividend payout ratio (DPR) is presently 36.12%.
Badger Meter News Roundup
Here are the key news stories impacting Badger Meter this week:
- Positive Sentiment: CEO Kenneth Bockhorst purchased 2,200 shares at about $117.53 on April 21, increasing his stake to 51,676 shares — a direct insider buy that signals management confidence in the company’s outlook. SEC Filing - Insider Purchase
- Positive Sentiment: Analysts and coverage note that despite the miss, Badger has a healthy pipeline and the recent UDlive acquisition supports longer‑term growth in smart metering/digital services — a constructive signal for future revenue leverage. Zacks: Q1 miss but pipeline/UDlive cited
- Neutral Sentiment: Badger published its Q1 earnings presentation and call materials, showing adjusted EPS of $0.93 and revenue of $202.3M; management attributes the shortfall mainly to project timing — useful context but not a definitive long‑term signal. Earnings Presentation
- Negative Sentiment: Badger missed Q1 estimates and several outlets report that analysts have updated models downward after the results — negative near‑term catalyst as lowered expectations and earnings misses often pressure stocks. Yahoo Finance: Just Missed Earnings
- Negative Sentiment: Multiple analysts trimmed price targets (Royal Bank of Canada, Stifel, Robert W. Baird) and some slashed forecasts following Q1 — lower price targets and reduced estimates can weigh on sentiment even if ratings remain Buy/Outperform. Benzinga: Analysts Slash Forecasts
- Negative Sentiment: Two investor‑loss litigation alerts (Pomerantz LLP and Johnson Fistel) are active, investigating potential claims related to the company and its officers — potential legal exposure and headline risk for shareholders. Pomerantz Investigation Notice Johnson Fistel Notice
Hedge Funds Weigh In On Badger Meter
Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Badger Meter by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 3,979,893 shares of the scientific and technical instruments company's stock valued at $694,133,000 after purchasing an additional 19,585 shares in the last quarter. State Street Corp increased its stake in shares of Badger Meter by 1.4% in the 2nd quarter. State Street Corp now owns 1,462,807 shares of the scientific and technical instruments company's stock valued at $358,315,000 after purchasing an additional 20,122 shares in the last quarter. Invesco Ltd. increased its stake in shares of Badger Meter by 20.9% in the 3rd quarter. Invesco Ltd. now owns 970,219 shares of the scientific and technical instruments company's stock valued at $173,262,000 after purchasing an additional 168,053 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Badger Meter by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 876,854 shares of the scientific and technical instruments company's stock valued at $152,951,000 after purchasing an additional 4,035 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its stake in shares of Badger Meter by 39.2% in the 4th quarter. Pictet Asset Management Holding SA now owns 754,402 shares of the scientific and technical instruments company's stock valued at $131,592,000 after purchasing an additional 212,448 shares in the last quarter. Hedge funds and other institutional investors own 89.01% of the company's stock.
Analyst Ratings Changes
A number of research firms have weighed in on BMI. Barclays set a $110.00 price objective on Badger Meter and gave the company an "underweight" rating in a research note on Monday. Royal Bank Of Canada reduced their price objective on Badger Meter from $197.00 to $169.00 and set an "outperform" rating for the company in a research note on Monday. Robert W. Baird reduced their price objective on Badger Meter from $173.00 to $145.00 and set an "outperform" rating for the company in a research note on Monday. Jefferies Financial Group cut their price target on Badger Meter from $220.00 to $200.00 and set a "buy" rating for the company in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. cut their price target on Badger Meter from $190.00 to $160.00 and set an "overweight" rating for the company in a research note on Friday, April 17th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Badger Meter currently has a consensus rating of "Hold" and a consensus target price of $166.38.
Check Out Our Latest Report on BMI
Badger Meter Company Profile
(
Get Free Report)
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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