XXEC Inc. Makes New Investment in Badger Meter, Inc. $BMI

Posted by Brenda Bartman on Aug 23rd, 2026

XXEC Inc. acquired a new position in shares of Badger Meter, Inc. (NYSE:BMI – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 104,700,207 shares of the scientific and technical instruments company’s stock, valued at approximately $825,029,000. Badger Meter accounts for approximately 0.4% of XXEC Inc.’s investment portfolio, making the stock its 12th biggest position. XXEC Inc. owned 3.61% of Badger Meter as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of BMI. Norwood Investment Partners LP bought a new stake in shares of Badger Meter during the second quarter valued at approximately $3,412,740,000. Allworth Financial LP bought a new position in Badger Meter in the second quarter worth $46,000. Trillium Asset Management LLC acquired a new stake in Badger Meter during the second quarter worth $3,751,000. Frazier Financial Advisors LLC acquired a new stake in Badger Meter during the second quarter worth $30,000. Finally, Johnson Financial Group Inc. bought a new stake in Badger Meter in the 2nd quarter valued at $930,000. 89.01% of the stock is currently owned by institutional investors.

Badger Meter Trading Up 3.2%

NYSE BMI opened at $132.19 on Friday. Badger Meter, Inc. has a 1-year low of $112.09 and a 1-year high of $204.00. The company has a 50 day moving average of $137.48 and a 200-day moving average of $139.15. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 2.41 and a beta of 0.65.

Badger Meter (NYSE:BMI – Get Free Report) last announced its 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 business had revenue of $220.30 million for the quarter, compared to the consensus estimate of $220.59 million. Badger Meter had a return on equity of 18.03% and a net margin of 14.27%.Badger Meter’s revenue was down 6.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.17 EPS. On average, analysts forecast that Badger Meter, Inc. will post 4.43 earnings per share for the current year.

Badger Meter Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 28th. This is a positive change from Badger Meter’s previous quarterly dividend of $0.40. Badger Meter’s dividend payout ratio is presently 37.38%.

Insider Transactions at Badger Meter

In other Badger Meter news, VP Edward F. Callahan acquired 751 shares of Badger Meter stock in a transaction on Thursday, July 30th. The shares were bought at an average price of $135.25 per share, with a total value of $101,572.75. Following the completion of the purchase, the vice president owned 1,937 shares in the company, valued at $261,979.25. This trade represents a 63.32% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Badger Meter from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Seaport Research Partners set a $160.00 price objective on Badger Meter in a report on Thursday, July 23rd. Wall Street Zen upgraded Badger Meter from a “sell” rating to a “hold” rating in a research note on Saturday. Royal Bank Of Canada dropped their target price on Badger Meter from $169.00 to $162.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Finally, Zacks Research upgraded Badger Meter from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $164.00.

Read Our Latest Stock Analysis on BMI

About Badger Meter

(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.