Key Points
- EVP Robert Wrocklage purchased 1,000 shares on April 23 at an average price of $122.35 (transaction value $122,350), raising his stake to 23,321 shares — a 4.48% increase in his position.
- Several other senior insiders, including CEO Kenneth Bockhorst (reported purchase of 2,200 shares), also bought stock recently, which management and the report frame as a near‑term positive catalyst signaling confidence.
- Offsetting risks: Q1 results missed estimates, several analysts have trimmed targets and ratings, and the consensus remains a "Hold" (average target around $156), contributing to recent share weakness alongside active investor litigation and mixed analyst sentiment.
Badger Meter, Inc. (NYSE:BMI - Get Free Report) EVP Robert Wrocklage bought 1,000 shares of the stock in a transaction on Thursday, April 23rd. The stock was purchased at an average cost of $122.35 per share, with a total value of $122,350.00. Following the completion of the purchase, the executive vice president directly owned 23,321 shares in the company, valued at $2,853,324.35. This trade represents a 4.48% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Robert Wrocklage also recently made the following trade(s):
- On Monday, February 9th, Robert Wrocklage purchased 1,650 shares of Badger Meter stock. The shares were acquired at an average cost of $152.35 per share, for a total transaction of $251,377.50.
Badger Meter Stock Down 0.4%
BMI stock opened at $123.07 on Friday. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 27.78, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. Badger Meter, Inc. has a 52-week low of $112.09 and a 52-week high of $256.08. The stock's fifty day simple moving average is $149.62 and its 200-day simple moving average is $165.93.
Badger Meter (NYSE:BMI - Get Free Report) last released its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 EPS for the quarter. Badger Meter had a return on equity of 18.76% and a net margin of 14.56%.The firm had revenue of $220.71 million during the quarter. As a group, analysts anticipate that Badger Meter, Inc. will post 4.5 earnings per share for the current fiscal year.
Badger Meter Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, February 27th. Badger Meter's payout ratio is presently 36.12%.
Key Headlines Impacting Badger Meter
Here are the key news stories impacting Badger Meter this week:
- Positive Sentiment: Several senior insiders bought stock (CEO Kenneth Bockhorst: 2,200 shares at ~$117.53; EVP Robert Wrocklage: 1,000 shares at ~$122.35; VPs Christina Tarantino, Edward Callahan, Richard Htwe also bought), signaling management confidence and providing a near‑term positive catalyst. Read More.
- Positive Sentiment: Large institutional holders remain active (institutional ownership ~89%) and several funds added to positions last quarter, which can stabilize the float. Read More.
- Neutral Sentiment: Management’s Q1 presentation attributes the shortfall mainly to project timing and one‑quarter execution issues — useful context that tempers long‑term concerns but doesn’t remove near‑term pressure. Read More.
- Neutral Sentiment: Consensus remains a “Hold” with an average price target around ~$166 — analysts are mixed, so future revisions will matter. Read More.
- Negative Sentiment: Q1 results missed estimates (lower revenues/adjusted EPS) and several brokers have trimmed forecasts and models, which is the primary near‑term driver of the share weakness. Read More.
- Negative Sentiment: Analyst actions this week increased downside risk: Maxim downgraded BMI to Hold, Barclays reiterated a Sell/underweight (low target), and RBC, Stifel, R.W. Baird cut expectations — lower targets and weaker coverage can prolong selling pressure. Read More. Read More.
- Negative Sentiment: Active investor‑loss litigation notices (Pomerantz, Johnson Fistel) add legal/headline risk that could hurt sentiment until resolved. Read More.
Institutional Trading of Badger Meter
Large investors have recently added to or reduced their stakes in the stock. N.E.W. Advisory Services LLC acquired a new position in shares of Badger Meter during the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Badger Meter by 76.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the scientific and technical instruments company's stock valued at $26,000 after buying an additional 65 shares during the period. Godfrey Financial Associates Inc. acquired a new position in Badger Meter during the 4th quarter worth approximately $27,000. Caitlin John LLC purchased a new position in Badger Meter in the 3rd quarter worth approximately $31,000. Finally, Brown Brothers Harriman & Co. grew its position in Badger Meter by 62.3% in the third quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company's stock valued at $33,000 after acquiring an additional 71 shares in the last quarter. 89.01% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. Maxim Group downgraded Badger Meter from a "buy" rating to a "hold" rating in a research report on Thursday. Jefferies Financial Group cut their price objective on Badger Meter from $220.00 to $200.00 and set a "buy" rating on the stock in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $167.00 price objective on shares of Badger Meter in a research note on Thursday, January 29th. Weiss Ratings reissued a "hold (c+)" rating on shares of Badger Meter in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada cut their price target on shares of Badger Meter from $197.00 to $169.00 and set an "outperform" rating on the stock in a report on Monday. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Badger Meter has a consensus rating of "Hold" and a consensus target price of $155.86.
Read Our Latest Analysis on Badger Meter
About Badger Meter
(
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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