Badger Meter (NYSE:BMI) Stock Bumped Up to “Hold” by Wall Street Zen

Posted by Brian Himes on Nov 1st, 2026

Wall Street Zen upgraded shares of Badger Meter (NYSE:BMI – Free Report) from a sell rating to a hold rating in a research report report published on Saturday morning,Wall Street Zen reports.

Several other equities research analysts also recently weighed in on BMI. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Badger Meter in a research report on Monday, October 26th. Stifel Nicolaus set a $168.00 target price on Badger Meter in a research note on Friday, October 23rd. Barclays raised their target price on Badger Meter from $111.00 to $112.00 and gave the company an “underweight” rating in a report on Friday, October 23rd. Northcoast Research lowered Badger Meter from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 27th. Finally, Robert W. Baird set a $175.00 price target on Badger Meter in a report on Friday, October 23rd. Six 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 data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $166.33.

View Our Latest Analysis on Badger Meter

Badger Meter Trading Down 1.1%

Shares of Badger Meter stock opened at $148.02 on Friday. Badger Meter has a twelve month low of $112.09 and a twelve month high of $192.28. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 3.64 and a beta of 0.64. The company has a fifty day moving average price of $132.69 and a 200 day moving average price of $139.10.

Badger Meter (NYSE:BMI – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The scientific and technical instruments company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.23 by $0.01. The company had revenue of $230.30 million for the quarter, compared to analyst estimates of $240.35 million. Badger Meter had a return on equity of 18.49% and a net margin of 14.36%. The firm’s revenue was up .1% compared to the same quarter last year. During the same period last year, the company posted $1.19 earnings per share. Analysts forecast that Badger Meter will post 4.53 earnings per share for the current year.

Badger Meter Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were paid a dividend of $0.44 per share. This is a positive change from Badger Meter’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Friday, August 28th. This represents a $1.76 annualized dividend and a yield of 1.2%. Badger Meter’s payout ratio is presently 40.65%.

Hedge Funds Weigh In On Badger Meter

A number of institutional investors have recently added to or reduced their stakes in BMI. XXEC Inc. bought a new position in Badger Meter during the 2nd quarter valued at $825,029,000. BlackRock Inc. acquired a new position in Badger Meter during the 2nd quarter worth $725,926,000. Amundi increased its position in shares of Badger Meter by 28.5% in the 2nd quarter. Amundi now owns 590,079 shares of the scientific and technical instruments company’s stock worth $87,595,000 after purchasing an additional 131,016 shares during the last quarter. First Trust Advisors LP increased its position in shares of Badger Meter by 54.8% in the 1st quarter. First Trust Advisors LP now owns 560,356 shares of the scientific and technical instruments company’s stock worth $85,370,000 after purchasing an additional 198,430 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Badger Meter by 5.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 540,272 shares of the scientific and technical instruments company’s stock valued at $82,305,000 after purchasing an additional 29,623 shares in the last quarter. Institutional investors and hedge funds own 89.01% of the company’s stock.

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.