Needham Investment Management LLC lifted its stake in shares of Badger Meter, Inc. (NYSE:BMI – Free Report) by 66.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 25,000 shares of the scientific and technical instruments company’s stock after acquiring an additional 10,000 shares during the period. Needham Investment Management LLC’s holdings in Badger Meter were worth $4,360,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. N.E.W. Advisory Services LLC bought a new stake in shares of Badger Meter during the 4th quarter worth $25,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Badger Meter by 76.5% during 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 during the last quarter. Godfrey Financial Associates Inc. bought a new stake in Badger Meter in the fourth quarter worth $27,000. Caitlin John LLC purchased a new stake in Badger Meter during the third quarter valued at about $31,000. Finally, Brown Brothers Harriman & Co. boosted its position in Badger Meter by 62.3% during the third quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock valued at $33,000 after buying an additional 71 shares during the period. 89.01% of the stock is owned by institutional investors.
Insider Activity
In related news, EVP Robert Wrocklage purchased 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The stock was bought at an average cost of $122.35 per share, with a total value of $122,350.00. Following the completion of the purchase, the executive vice president directly owned 23,321 shares in the company, valued at approximately $2,853,324.35. This represents a 4.48% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Edward F. Callahan purchased 858 shares of the firm’s stock in a transaction that occurred on Tuesday, April 21st. The stock was bought at an average cost of $116.30 per share, with a total value of $99,785.40. Following the completion of the purchase, the vice president owned 1,186 shares of the company’s stock, valued at $137,931.80. This represents a 261.59% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders purchased 6,628 shares of company stock valued at $777,128. 1.00% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on BMI
Key Stories Impacting Badger Meter
Here are the key news stories impacting Badger Meter this week:
- Positive Sentiment: Badger Meter released its 2025 Sustainability Report, highlighting continued ESG progress and its expanding role in water and wastewater solutions. Badger Meter Releases 2025 Sustainability Report
- Neutral Sentiment: Multiple law firms issued reminders about an existing securities class action against Badger Meter covering purchases from April 18, 2024 to April 16, 2026, with a lead-plaintiff deadline of August 3, 2026. The repeated notices increase legal overhang but do not change the underlying case itself. Rosen Encourages Badger Meter Investors to Secure Counsel
- Neutral Sentiment: Additional firms, including Robbins LLP, Levi & Korsinsky, Faruqi & Faruqi, the Schall Law Firm, Frank R. Cruz, and Bronstein, Gewirtz & Grossman, also publicized the same class action, keeping investor focus on alleged securities-law issues rather than operating fundamentals. Robbins LLP Class Action Notice
Badger Meter Trading Up 1.8%
Shares of NYSE:BMI opened at $134.14 on Tuesday. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 30.28, a price-to-earnings-growth ratio of 2.36 and a beta of 0.68. The company has a 50-day moving average price of $129.46 and a 200-day moving average price of $151.66. Badger Meter, Inc. has a 12 month low of $112.09 and a 12 month high of $251.54.
Badger Meter (NYSE:BMI – Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 EPS for the quarter. The firm had revenue of $220.71 million during the quarter. Badger Meter had a net margin of 14.56% and a return on equity of 18.76%. As a group, research analysts forecast that Badger Meter, Inc. will post 4.51 EPS for the current fiscal year.
Badger Meter Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, May 22nd. Badger Meter’s dividend payout ratio is 36.12%.
Badger Meter Profile
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.
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