Badger Meter (NYSE:BMI) Price Target Raised to $112.00

Posted by Brian Himes on Oct 26th, 2026

Badger Meter (NYSE:BMI – Free Report) had its target price boosted by Barclays from $111.00 to $112.00 in a research report report published on Friday morning,Benzinga reports. They currently have an underweight rating on the scientific and technical instruments company’s stock.

Several other equities research analysts have also issued reports on BMI. JPMorgan Chase & Co. lowered their target price on shares of Badger Meter from $172.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. 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. Weiss Ratings raised shares of Badger Meter from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Wall Street Zen downgraded shares of Badger Meter from a “hold” rating to a “sell” rating in a research note on Saturday, October 17th. Finally, Royal Bank Of Canada decreased their price objective on shares of Badger Meter from $169.00 to $162.00 and set an “outperform” rating for the company in a research note on Thursday, July 23rd. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $165.88.

Check Out Our Latest Stock Analysis on Badger Meter

Badger Meter Stock Performance

NYSE:BMI opened at $150.98 on Friday. The stock’s fifty day moving average is $130.63 and its 200 day moving average is $132.30. Badger Meter has a fifty-two week low of $112.09 and a fifty-two week high of $192.28. The firm has a market capitalization of $4.38 billion, a PE ratio of 34.87, a PEG ratio of 3.72 and a beta of 0.64.

Badger Meter (NYSE:BMI – Get Free Report) last posted its quarterly earnings data on Thursday, October 22nd. The scientific and technical instruments company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.23 by $0.01. Badger Meter had a net margin of 14.36% and a return on equity of 18.49%. The company had revenue of $230.30 million during the quarter, compared to analyst estimates of $240.35 million. During the same period in the previous year, the firm earned $1.19 earnings per share. Badger Meter’s quarterly revenue was up .1% compared to the same quarter last year. Equities analysts forecast that Badger Meter will post 4.52 EPS for the current year.

Badger Meter Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were paid a $0.44 dividend. The ex-dividend date was Friday, August 28th. This is a positive change from Badger Meter’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a yield of 1.2%. Badger Meter’s payout ratio is 40.65%.

Insider Buying and Selling at Badger Meter

In related news, VP Edward Callahan bought 751 shares of the stock in a transaction dated Thursday, July 30th. The stock was purchased at an average cost 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 of the company’s stock, valued at $261,979.25. This trade represents a 63.32% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Middleton & Co. Inc. MA increased its stake in Badger Meter by 3.7% in the 3rd quarter. Middleton & Co. Inc. MA now owns 18,983 shares of the scientific and technical instruments company’s stock worth $2,345,000 after buying an additional 672 shares during the period. Simplicity Wealth LLC boosted its position in Badger Meter by 44.3% in the 3rd quarter. Simplicity Wealth LLC now owns 3,854 shares of the scientific and technical instruments company’s stock valued at $476,000 after buying an additional 1,183 shares during the period. Sterling Capital Management LLC boosted its position in Badger Meter by 984.8% in the 3rd quarter. Sterling Capital Management LLC now owns 1,139 shares of the scientific and technical instruments company’s stock valued at $141,000 after buying an additional 1,034 shares during the period. Inspire Investing LLC boosted its position in Badger Meter by 11.9% in the 3rd quarter. Inspire Investing LLC now owns 6,136 shares of the scientific and technical instruments company’s stock valued at $758,000 after buying an additional 654 shares during the period. Finally, River Street Advisors LLC grew its stake in Badger Meter by 10.2% in the 3rd quarter. River Street Advisors LLC now owns 6,987 shares of the scientific and technical instruments company’s stock worth $863,000 after acquiring an additional 649 shares in the last quarter. 89.01% of the stock is currently owned by institutional investors.

Badger Meter News Summary

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

Positive Sentiment: Badger Meter reported third-quarter EPS of $1.24, above the $1.23 consensus estimate and up from $1.19 a year earlier. Operating earnings rose 4% year over year, while operating margin improved to 20.2% from 19.6%. Badger Meter Reports Third Quarter 2026 Financial Results
Positive Sentiment: Base sales increased 5% sequentially, base gross margin reached 42.1%, and software-related growth helped offset broadly flat overall sales. Management said it expects to sustain the growth momentum into 2027. Badger Meter: 3 Key Takeaways for Long-Term Investors
Positive Sentiment: Analyst reactions were generally supportive after the earnings release. Stifel raised its price target to $168, providing a more constructive near-term valuation benchmark. Badger Meter Analysts Boost Their Forecasts Following Upbeat Q3 Earnings

Badger Meter Company Profile

(Get Free Report)

Badger Meter, Inc is a water technology company that develops and manufactures flow measurement, control and communications solutions. Its products are used to measure and manage water across municipal, commercial and industrial applications, helping customers improve operational efficiency, monitor usage and support water conservation.

The company’s offerings include mechanical, ultrasonic and electromagnetic flow meters; valves and related flow-control equipment; and smart water technologies.