Bank of New York Mellon Corp Sells 4,972 Shares of Badger Meter, Inc. $BMI

Bank of New York Mellon Corp trimmed its position in shares of Badger Meter, Inc. (NYSE:BMI) by 2.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,244 shares of the scientific and technical instruments company’s stock after selling 4,972 shares during the period. Bank of New York Mellon Corp owned approximately 0.70% of Badger Meter worth $31,269,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. N.E.W. Advisory Services LLC acquired a new position in shares of Badger Meter during the 4th quarter worth about $25,000. Caitong International Asset Management Co. Ltd grew 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 buying an additional 65 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new stake in Badger Meter in the 4th quarter valued at approximately $27,000. Brown Brothers Harriman & Co. increased its position in 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 worth $33,000 after buying an additional 71 shares during the period. Finally, Canada Pension Plan Investment Board bought a new position in Badger Meter in the 2nd quarter worth approximately $49,000. 89.01% of the stock is currently owned by institutional investors.

Badger Meter Stock Up 0.2%

NYSE BMI opened at $126.57 on Monday. The stock has a market cap of $3.67 billion, a P/E ratio of 29.57, a PEG ratio of 2.30 and a beta of 0.64. The company’s 50-day simple moving average is $134.43 and its 200 day simple moving average is $143.74. Badger Meter, Inc. has a twelve month low of $112.09 and a twelve month high of $204.00.

Badger Meter (NYSE:BMI) last announced its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.01. The firm had revenue of $220.30 million during the quarter, compared to analysts’ expectations of $220.59 million. Badger Meter had a net margin of 14.27% and a return on equity of 18.03%. The company’s revenue for the quarter was down 6.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 earnings per share. Research analysts anticipate that Badger Meter, Inc. will post 4.44 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on BMI shares. Zacks Research raised Badger Meter from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Wall Street Zen lowered shares of Badger Meter from a “hold” rating to a “sell” rating in a research report on Saturday, June 13th. JPMorgan Chase & Co. cut their target price on shares of Badger Meter from $172.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday. Robert W. Baird set a $167.00 price target on shares of Badger Meter and gave the company an “outperform” rating in a report on Thursday. Finally, Barclays decreased their price target on shares of Badger Meter from $110.00 to $109.00 and set an “underweight” rating on the stock in a research report on Monday, July 13th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $163.57.

Key Headlines Impacting Badger Meter

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 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.