Badger Meter (NYSE:BMI) VP Richard Htwe Purchases 1,700 Shares of Stock

Badger Meter, Inc. (NYSE:BMIGet Free Report) VP Richard Htwe bought 1,700 shares of Badger Meter stock in a transaction dated Tuesday, April 21st. The stock was acquired at an average cost of $116.13 per share, for a total transaction of $197,421.00. Following the completion of the acquisition, the vice president directly owned 7,603 shares in the company, valued at $882,936.39. This represents a 28.80% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Badger Meter Price Performance

Shares of BMI opened at $122.97 on Thursday. The company has a market capitalization of $3.59 billion, a P/E ratio of 27.76, a PEG ratio of 2.10 and a beta of 0.90. Badger Meter, Inc. has a one year low of $112.09 and a one year high of $256.08. The business’s 50 day simple moving average is $150.33 and its 200-day simple moving average is $166.23.

Badger Meter (NYSE:BMIGet Free Report) last announced its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 EPS for the quarter. The business had revenue of $220.71 million for the quarter. Badger Meter had a return on equity of 18.76% and a net margin of 14.56%. On average, sell-side analysts anticipate that Badger Meter, Inc. will post 4.66 EPS for the current fiscal year.

Badger Meter Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.60 dividend on an annualized basis and a yield of 1.3%. Badger Meter’s dividend payout ratio is currently 36.12%.

Trending Headlines about Badger Meter

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

  • Positive Sentiment: Significant insider purchases: CEO Kenneth Bockhorst bought 2,200 shares (~$117.53 avg) and several VPs (Richard Htwe, Christina Tarantino, Edward Callahan) also added stock, signaling management confidence and providing a near‑term positive catalyst. Read More. Read More. Read More. Read More.
  • Neutral Sentiment: Company commentary and presentation attribute the Q1 shortfall mainly to project timing and one‑quarter execution factors — useful context that moderates but does not erase near‑term concerns. Read More.
  • Negative Sentiment: Q1 results missed expectations and several analysts have revised models lower — the earnings miss is a primary near‑term negative catalyst as lowered estimates can pressure the stock. Read More.
  • Negative Sentiment: Multiple broker notes trimmed price targets or ratings (Barclays reiterated a sell/underweight with a $110 target; RBC, Stifel, Robert W. Baird cut forecasts), increasing downside risk from weaker analyst sentiment. Read More. Read More. Read More. Read More.
  • Negative Sentiment: Investor‑loss litigation alerts (Pomerantz and others) introduce headline and legal risk that could weigh on sentiment until resolved. Read More.

Hedge Funds Weigh In On Badger Meter

Several large investors have recently bought and sold shares of the business. River Street Advisors LLC lifted its holdings in Badger Meter by 12.2% in the first quarter. River Street Advisors LLC now owns 6,040 shares of the scientific and technical instruments company’s stock valued at $920,000 after buying an additional 655 shares during the period. Louisiana State Employees Retirement System acquired a new position in Badger Meter in the first quarter valued at approximately $1,996,000. Norway Savings Bank boosted its holdings in Badger Meter by 33.5% during the first quarter. Norway Savings Bank now owns 3,544 shares of the scientific and technical instruments company’s stock worth $540,000 after buying an additional 889 shares during the last quarter. OP Asset Management Ltd bought a new position in Badger Meter during the first quarter worth about $654,000. Finally, Values First Advisors Inc. boosted its holdings in Badger Meter by 1.3% during the first quarter. Values First Advisors Inc. now owns 7,216 shares of the scientific and technical instruments company’s stock worth $1,099,000 after buying an additional 91 shares during the last quarter. 89.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BMI has been the topic of a number of research analyst reports. Stifel Nicolaus decreased their price objective on shares of Badger Meter from $174.00 to $140.00 and set a “buy” rating on the stock in a report on Monday. Robert W. Baird decreased their price objective on shares of Badger Meter from $173.00 to $145.00 and set an “outperform” rating on the stock in a report on Monday. 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. Barclays set a $110.00 price objective on shares of Badger Meter and gave the stock an “underweight” rating in a report on Monday. Finally, Argus lowered Badger Meter from a “buy” rating to a “hold” rating in a research note on Monday, February 2nd. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $166.38.

Check Out 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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