Perigon Wealth Management LLC Takes $569,000 Position in Badger Meter, Inc. $BMI

Posted by Brenda Bartman on Aug 20th, 2026

Perigon Wealth Management LLC bought a new stake in Badger Meter, Inc. (NYSE:BMI – Free Report) during the second quarter, HoldingsChannel.com reports. The fund bought 3,832 shares of the scientific and technical instruments company’s stock, valued at approximately $569,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Rice Hall James & Associates LLC acquired a new stake in Badger Meter during the second quarter valued at approximately $3,011,000. Trust Co. of Vermont acquired a new position in shares of Badger Meter in the 2nd quarter worth approximately $52,000. Simplicity Wealth LLC bought a new position in shares of Badger Meter during the 2nd quarter worth approximately $396,000. Flputnam Investment Management Co. bought a new position in shares of Badger Meter during the 2nd quarter worth approximately $870,000. Finally, Global Retirement Partners LLC acquired a new stake in Badger Meter in the 2nd quarter valued at $265,000. Institutional investors own 89.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Barclays restated an “underweight” rating and issued a $112.00 target price (up from $109.00) on shares of Badger Meter in a research note on Tuesday, July 28th. Robert W. Baird set a $167.00 target price on shares of Badger Meter and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Maxim Group downgraded shares of Badger Meter from a “buy” rating to a “hold” rating in a report on Thursday, April 23rd. Seaport Research Partners set a $160.00 price target on shares of Badger Meter in a research report on Thursday, July 23rd. Finally, Weiss Ratings raised shares of Badger Meter from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 28th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $164.00.

View Our Latest Stock Report on BMI

Badger Meter Stock Up 4.0%

Shares of Badger Meter stock opened at $130.94 on Thursday. The stock has a market cap of $3.80 billion, a PE ratio of 30.59, a price-to-earnings-growth ratio of 2.30 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 business has a fifty day simple moving average of $137.52 and a 200 day simple moving average of $139.33.

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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.01. Badger Meter had a net margin of 14.27% and a return on equity of 18.03%. The company had revenue of $220.30 million during the quarter, compared to analyst estimates of $220.59 million. During the same quarter in the previous year, the business earned $1.17 EPS. The firm’s revenue was down 6.6% on a year-over-year basis. Analysts expect that Badger Meter, Inc. will post 4.43 EPS for the current fiscal year.

Badger Meter Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be issued a dividend of $0.44 per share. The ex-dividend date is Friday, August 28th. This is a boost from Badger Meter’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.3%. Badger Meter’s dividend payout ratio is 37.38%.

Insider Transactions at Badger Meter

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

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.