Badger Meter (NYSE:BMI) Given New $162.00 Price Target at Royal Bank Of Canada

Badger Meter (NYSE:BMI) had its target price reduced by Royal Bank Of Canada from $169.00 to $162.00 in a research note released on Thursday, MarketBeat Ratings reports. They currently have an outperform rating on the scientific and technical instruments company’s stock.

A number of other research analysts have also issued reports on BMI. Robert W. Baird set a $167.00 target price on Badger Meter and gave the company an “outperform” rating in a research report on Thursday. Stifel Nicolaus set a $170.00 price target on shares of Badger Meter and gave the stock a “buy” rating in a report on Monday. Weiss Ratings cut shares of Badger Meter from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. Maxim Group cut shares of Badger Meter from a “buy” rating to a “hold” rating in a research report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Badger Meter from $190.00 to $160.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $163.57.

Badger Meter Trading Down 2.7%

NYSE BMI opened at $123.29 on Thursday. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 28.81, a PEG ratio of 2.27 and a beta of 0.64. The stock has a 50-day moving average of $134.18 and a 200 day moving average of $144.10. Badger Meter has a twelve month low of $112.09 and a twelve month high of $204.00.

Badger Meter (NYSE:BMI) last issued its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 EPS for the quarter, beating the consensus estimate of $1.01 by $0.01. The company had revenue of $220.30 million for the quarter, compared to analyst estimates of $220.59 million. Badger Meter had a return on equity of 18.03% and a net margin of 14.27%.Badger Meter’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same period last year, the company earned $1.17 earnings per share. Equities analysts predict that Badger Meter will post 4.51 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BMI. N.E.W. Advisory Services LLC acquired a new stake in Badger Meter during the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd boosted its holdings in Badger Meter by 76.5% in 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 purchasing an additional 65 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of Badger Meter in the 4th quarter valued at approximately $27,000. Brown Brothers Harriman & Co. grew its stake in shares of Badger Meter by 62.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock valued at $33,000 after buying an additional 71 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Badger Meter during the 2nd quarter worth approximately $49,000. Institutional investors and hedge funds own 89.01% of the company’s stock.

Badger Meter News Roundup

Here are the key news stories impacting Badger Meter this week:

• Positive Sentiment: JPMorgan Chase kept an overweight rating on Badger Meter and only trimmed its price target slightly to $170 from $172, implying meaningful upside from current levels. JPMorgan price target update
• Positive Sentiment: Royal Bank of Canada also reiterated an outperform rating, though it lowered its target to $162 from $169, suggesting analysts still expect recovery potential. RBC price target update
• Positive Sentiment: Badger Meter’s Q2 results came in slightly ahead of EPS estimates, with $1.02 per share versus the $1.01 consensus. Q2 2026 results
• Neutral Sentiment: Revenue was essentially in line with expectations at $220.3 million, but sales were down 6.6% year over year, and management’s outlook sounded cautious for the back half of the year. Earnings call highlights
• Negative Sentiment: Multiple law firms issued reminders about a securities class action and an August 3 lead-plaintiff deadline, keeping legal overhang front and center for investors. Class action reminder
• Negative Sentiment: The lawsuit alleges Badger Meter and executives concealed weakening demand and order trends, reinforcing concerns that the recent earnings decline may not be temporary. Allegations in lawsuit

Badger Meter Company 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.