Flputnam Investment Management Co. Buys Shares of 5,865 Badger Meter, Inc. $BMI

Posted by Stanley Muller on Aug 18th, 2026

Flputnam Investment Management Co. bought a new stake in Badger Meter, Inc. (NYSE:BMI – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,865 shares of the scientific and technical instruments company’s stock, valued at approximately $870,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd lifted its stake 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 worth $26,000 after acquiring an additional 65 shares in the last quarter. Brown Brothers Harriman & Co. boosted its position in Badger Meter by 62.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock worth $33,000 after acquiring an additional 71 shares during the period. Cardinal Capital Management grew its stake in Badger Meter by 0.4% during the 4th quarter. Cardinal Capital Management now owns 20,165 shares of the scientific and technical instruments company’s stock valued at $3,517,000 after acquiring an additional 75 shares in the last quarter. Maryland State Retirement & Pension System grew its stake in Badger Meter by 1.9% during the 4th quarter. Maryland State Retirement & Pension System now owns 4,316 shares of the scientific and technical instruments company’s stock valued at $753,000 after acquiring an additional 79 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Badger Meter by 13.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 688 shares of the scientific and technical instruments company’s stock valued at $123,000 after purchasing an additional 82 shares during the period. Hedge funds and other institutional investors own 89.01% of the company’s stock.

Insider Activity at Badger Meter

In related news, VP Edward F. Callahan acquired 751 shares of the stock in a transaction dated Thursday, July 30th. The shares were acquired at an average price of $135.25 per share, with a total value of $101,572.75. Following the acquisition, the vice president owned 1,937 shares in the company, valued at approximately $261,979.25. The trade was a 63.32% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

BMI has been the subject of several research reports. Wall Street Zen cut shares of Badger Meter from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. Weiss Ratings upgraded shares of Badger Meter from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 28th. Maxim Group downgraded shares of Badger Meter from a “buy” rating to a “hold” rating in a research report on Thursday, April 23rd. Stifel Nicolaus set a $170.00 target price on shares of Badger Meter and gave the company a “buy” rating in a research note on Monday, July 20th. Finally, 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, July 23rd. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $164.00.

Read Our Latest Stock Report on Badger Meter

Badger Meter Stock Down 1.7%

NYSE BMI opened at $128.55 on Tuesday. The stock has a market capitalization of $3.73 billion, a PE ratio of 30.04, a price-to-earnings-growth ratio of 2.39 and a beta of 0.65. Badger Meter, Inc. has a 12-month low of $112.09 and a 12-month high of $204.00. The company has a 50 day moving average price of $137.56 and a two-hundred day moving average price of $139.57.

Badger Meter (NYSE:BMI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $1.02 EPS for the quarter, topping 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 net margin of 14.27% and a return on equity of 18.03%. Badger Meter’s quarterly revenue was down 6.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.17 EPS. As a group, equities analysts anticipate that Badger Meter, Inc. will post 4.43 EPS for the current year.

Badger Meter Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be paid a dividend of $0.44 per share. This is a boost from Badger Meter’s previous quarterly dividend of $0.40. The ex-dividend date is Friday, August 28th. This represents a $1.76 annualized dividend and a dividend yield of 1.4%. Badger Meter’s dividend payout ratio is currently 37.38%.

Badger Meter Company Profile

(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.